Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

NFTs Died… Or Did We Get Them Completely Wrong? 👀#nfts #web3 #crypto #blockchain

20 Oct 2026 · 1 min

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0:51

In this monologue, the speaker argues that NFTs are poised for a renewed wave of adoption, emphasizing that the technology’s core value—verifiable, non‑custodial ownership of digital assets—has far‑reaching potential across multiple sectors. While the hype of 2021‑2022 faded, the speaker predicts a more mature, utility‑driven uptake in areas such as gaming, art and collectibles, and real‑estate tokenization. Central to this future is OpenSea, which is portrayed as building the essential on‑chain infrastructure and a seamless, cross‑platform marketplace that enables users to manage and trade NFTs in a non‑custodial manner on both mobile and desktop.

Chapters

I think we will see another major time for NFTs. It's too powerful of a concept and a technology. It has too much potential for a variety of industries for it to not take hold. But when it does, I think we will see success in a very different way than we did back in 2021 and 2022. People will start to really understand that there is power in taking ownership over digital assets in a verifiable— Absolutely. provable way, and that it will affect things like gaming or the tokenization of, you know, art or collectibles or, you know, real estate or a variety of other things in this world. And OpenSea is building the rails and the marketplace so that anything that people want to do in a non-custodial way on-chain, that they can do it all here, all in one place with a seamless experience between mobile and desktop.