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Last week, OpenSea, the former frontrunner in the NFT marketplace, confirmed the layoff of half its workforce as the NFT markets seemed to bottom out.\xa0\n\ngmoney, NFT collector and founder of 9dcc, joins Unchained to provide insight into the once-dominant NFT marketplace\u2019s fall from grace. He talks about the competitive dynamics that challenge the platform's market share and whether a token launch could help. In addition, gmoney delves into why the NFT market has been \u201cabysmal,\u201d what could potentially catalyze its revival, and how he thinks creator royalties will evolve.\xa0\n\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nShow highlights:\n\nwhether OpenSea 'rested on their laurels' after becoming the market leader\n\nwhether the fact that its competitor Blur launched a token was a reason for OpenSea's fall\n\nwhether OpenSea not immediately following other platforms such as Blur in making creator royalties optional led to some of its decline\n\nhow gmoney wants to incentivize people to pay creator royalties\xa0\n\nwhy the NFT market has gone down and what gmoney's thesis for NFTs is\n\nwhat catalysts could cause the next NFT bull run, according to gmoney\n\nhow NFTs make it possible for certain groups to access new forms of credit\xa0\n\nwhether Ethereum can be displaced from its leadership position in the NFT market\n\nwhat gmoney thinks could revive OpenSea\u2019s prospects\n\nWhether Blur's model is to blame for the decline in the NFT market\n\nhow gmoney thinks Blur should act to retain its market dominance\n\nThank you to our sponsors!\n\nCrypto.com\n\nArbitrum Foundation\n\nPhemex\n\nPopcorn Network\n\nGuest\n\ngmoney, NFT collector and founder of 9dcc\nLinks\n\nPrevious episodes of Unchained and The Chopping Block debating NFT Royalties:\n\nThe Chopping Block: Did Blur Cause a Decline in the NFT Market?\n\nThe Chopping Block: Two on Two Debate: NFT Royalty Throwdown!\n\nAre NFT Royalties the Way? How to Build a Sustainable Creator Economy\n\nDecrypt:\xa0\n\nDid Blur Really Crash the NFT Market?\n\nOpenSea\u2019s move to make creator royalties optional for NFT trades\n\nBlur Overtakes OpenSea as Ethereum NFT Trading Skyrockets\n\nThe Crypto Times: Blur Jumps Nearly 30% Within Days While OpenSea Layoffs\n\n\nCointelegraph: OpenSea lays off 50% of staff with severance in preparation for version 2.0 launch\n\n\nCoinDesk: NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity\n\n\nThe Information: Coatue Cuts Value of OpenSea Stake by 90% as Fund\u2019s Returns Sag\n\n\nAxios: The fight over a shrinking NFT market as marketplaces foresee next big boom\xa0\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices