Leading NFT Marketplace OpenSea’s Co-founder Alex Atallah Resigns

OpenSea Steps Up NFT Copymint and Transparency Policy
  • One needs an Ethereum wallet to buy and sell NFTs on OpenSea.
  • Atallah’s position as head of the NFT Security Group will be given to 0age.

The OpenSea Co-Founder Alex Atallah wrote a mirror piece announcing his departure from the firm on July 30. OpenSea’s Atallah says he’s happy with the progress and would want to start “building something from zero to one” again.

OpenSea’s Board of Directors will retain Atallah’s position. Kevin Pawlak will continue to lead OpenSea’s investment portfolio. Atallah’s position as head of the NFT Security Group will be given to 0age. Marko Iskander will join the OpenSea committee next week as VP of Engineering.

Alex stated in the blog post:

“OpenSea will always be a part of me. I couldn’t possibly stop thinking about the exciting problems we solve every day, even if I tried. And now that we have all of you, I know I can venture on – with full confidence that you’ll continue building and growing OpenSea in the right direction.”

One-stop-shop For NFT Lovers

Users may buy and sell tokens on the OpenSea decentralized marketplace. The NFT market was first established in 2017 as a market for CryptoKitties, but it has now expanded to include more than just collectibles. One may buy and sell digital goods, including artwork, domain names, gaming items, and even music.

One needs an Ethereum wallet to buy and sell NFTs on OpenSea, built on the Ethereum blockchain. MetaMask, Coinbase, and TrustWallet are just a few of the many wallets supported by OpenSea.

Many investors have grown quite pessimistic about digital assets like Ethereum as the price has fallen. As Ethereum’s network activity has decreased, the dollar value of network transactions has decreased by more than 100 percent.

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