Facing a crowded, polarised future

While specific NFT projects may involve rug pulls, general interest is growing.

Moxie Marlinspike, the former CEO of Signal, calls the consolidating nature of platforms into question. He mentions potential issues for crypto wallets that rely on OpenSea to display NFTs. For example, if your NFT is removed from OpenSea, it also disappears from your wallet, even if your NFT is indelibly on the blockchain somewhere. The wallet is just using the OpenSea API to display NFTs.