According to Odaily Odaily, OpenSea Chief Marketing Officer Adam Hollander stated that the next NFT cycle may be quite different from the over $1.6 billion speculative frenzy of 2022. In an interview with The Block at Consensus Miami, Hollander pointed out that putting assets such as collectible cards, luxury watches, and digital tickets on-chain and trading them is "perfectly reasonable," and these could become the core drivers of the new NFT wave.
Adam Hollander emphasizes that despite the value collapse of avatar-based NFTs such as Bored Apes and CryptoPunks, NFT technology can still be used to prove ownership of digital and physical assets. He believes that the past NFT craze relied too heavily on speculation, with buyers treating NFTs more as digital casinos than focusing on their technology and real-world value. Future NFT applications will be driven by practical needs such as collectibles, game items, and AI tools. The development of artificial intelligence will also lower the barriers to digital art, animation, and game creation, accelerating NFT adoption.
Regarding platform development, OpenSea is committed to building an ecosystem that allows cross-wallet and blockchain management of all crypto assets and NFTs, and optimizing the user experience, including simplifying the onboarding process, supporting Apple Pay-like fiat currency payments, and displaying NFT prices in US dollars. Regarding the much-discussed delay in the launch of the SEA token, Hollander stated that the decision rests with the OpenSea Foundation, and he personally has no further information on the timeline, emphasizing that if the token is merely an "airdropped meme coin," it will not create value for users. (The Block)
