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OpenSea CEO Makes Statement on Protecting Platform Users

OpenSea CEO Devin Finzer


As the co-founder and leader of the biggest NFT marketplace, OpenSea CEO Devin Finzer is no stranger to the challenges facing the platform and its users. Yesterday, Finzer published a blog post detailing what OpenSea has done so far to protect users from different forms of fraud on the platform. And its plans for the future to keep users safe.

OpenSea CEO Devin Finzer just posted a blog post detailing his views on how the platform hopes to combat plagiarism, IP infringement, and fraud. Credit: Devin Finzer

What the OpenSea CEO had to say about keeping users safe

The OpenSea CEO tweeted out the blog post yesterday, sharing his views on what OpenSea sees as a major responsibility. Namely, balancing a need to keep users safe while continuing to expand user access to the NFT space.

The bulk of the CEO’s post speaks to the importance of the trust and safety of OpenSea users. It also details how OpenSea has worked to build both up until this point.

For example, Finzer points to last month’s announcement of new verification processes on OpenSea. Those measures exemplify what he calls, “tech and human-led efforts to protect OpenSea users”.  The CEO also highlights the ways in which OpenSea is expanding its team to tackle these issues. To that end, these senior hires will help the platform firm up the enforcement of its safety policies. Not to mention progressing its customer support.

To be sure, OpenSea has seen some of the most rapid growth of any Web3 company. Of course, with such success also comes a host of challenges. And these are only heightened by the maturation period that the Web3 space is currently going through.

In any case, OpenSea remains the largest NFT marketplace by user count and trade volume. Indeed, Finzer is right to stress OpenSea’s responsibilities, as the platform is practically synonymous with the secondary NFT market.

The OpenSea CEO ends the post by affirming that the platform sees this area as its priority as a company. “… Our number one objective as a company is to improve Trust across our product – and to continue building the best team to do it.

You can find the full blog post from the OpenSea CEO here.


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