

Airdrops, Greed, and the Death of NFTs
A blunt and unfiltered critique of Ethereum’s NFT marketplace evolution, from OpenSea’s dominance and insider scandals to Blur’s wash-trading era and the royalty wars. Examining how exchanges and users alike fueled a cycle of greed, misplaced incentives, and self-inflicted collapse. The piece closes by exploring whether emerging onchain tools and creator-native infrastructure could reduce reliance on centralized marketplaces altogether.

Gecoveau
Mar 15 min read