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Devin Finzer is the co-founder and CEO of the world’s largest non-fungible token (NFT) platform, OpenSea. Finzer says his interest was sparked by the feline-themed token project, CryptoKitties, in 2017, the same year he started developing OpenSea as part of startup incubator Y Combinator. Sometimes called the “eBay for NFTs,” Finzer’s decentralized marketplace, run by a team of 20 and backed by venture firm Andreessen Horowitz (a16z), routinely sees daily volumes in excess of $100 million.
The firm was most recently valued at $10 billion, making it one of the largest crypto companies operating. There are questions of whether OpenSea will follow competitor platform, like Rarible, in issuing a governance token. The recently hired Chief Financial Officer Brian Roberts, who shepherded ride-hailing app Lyft through a public listing, has said “it would be foolish not to think about going public.”
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Decentralized lottery protocol Megapot is teaming up with Protocol Guild in what the firms describe as the crypto industry’s first programmable charity lottery.
What to know:
- Crypto lottery platform Megapot is teaming up with Protocol Guild in a blockchain-based charity lottery that automatically directs referral fees from ticket sales to Ethereum core developers.
- The initiative aims to address Ethereum’s growing developer funding gap by turning speculative crypto activity into a transparent, onchain funding stream for the...
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