OpenSea, one of the most prominent NFT marketplaces, is facing a significant decline in its operations due to several factors, including low participation in the sector.

🔹 In recent months, four key executives have resigned, including former COO Shiva Rajaraman and former head of corporate development Jeremy Fine.

🔹 Competition from new players such as Blur and Magic Eden has increased.

🔹 OpenSea is also facing increasing regulatory scrutiny.

What do you think about the future of OpenSea? Leave us your comment!