Why NFT Artist Pplpleasr Prefers Rarible and Foundation to OpenSea

In terms of marketplace, OpenSea has been the biggest winner of the NFT market boom, with billions of dollars in trading volume every month since last August.

OpenSea, the story of a rocket rise, but not without clashes

Founded in 2017, OpenSea has arguably benefited significantly from being among the first in space, but the company’s rise has not been smooth. OpenSea has faced cases of stolen NFTs, backlash over proposed NFT minting changes, an employee “insider trading” scandal, and user frustration over reported plans to sue an IPO.

OpenSea is the first at the moment, but with the appearance of notable rivals like Coinbase NFT and NFT.com, this advantage could fade, especially if influential artists are not very enthusiastic about the platform which by elsewhere has been the subject of several hackings.

On the latest episode of Decrypt’s gm podcast, NFT artist pplpleasr (aka Emily Yang) discussed the first mover advantage and explained to hosts Dan Roberts and Jeff Roberts thatOpenSea took advantage of its position to accumulate a considerable number of registrations and NFT users. That’s where the people are, but his praise stops there.

Other than that, I can’t say that OpenSea has anything else that is very attractive in its interface. “, she said.

Pplpleasr compared the success of OpenSea to that of social photo-sharing app Instagram, noting that while ” everyone uses Instagram, people are not going to use another app that no one uses“. She also compared this first mover advantage to Ethereum wallet app MetaMask, which surged despite complaints about its interface and usability.

Pplpleasr rose to prominence in the NFT space early last year after creating NFT artwork for DeFi protocols including Uniswap and then designing a Fortune magazine cover (featuring NFTs) , launched an interactive NFT video platform called Shibuya, etc.

Which NFT marketplaces does she prefer? Pplpleasr quoted rarean OpenSea competitor that has followed a different path than its main rival.

Rarible handles a significantly lower volume of exchanges, but has moved more towards multi-chain expansion while implementing exciting new features and adopting community governance through the RARI token. This is the first platform on which Pplpleasr hit an NFT.

I definitely feel like Rarible is kind of the underdog, which few people talk about “, she said, “ but literally since summer 2020 they do things more properly than other marketplaces. »

She pointed out that Rarible was the first marketplace to allow creators to mint NFTs on their own smart contract, as opposed to using a platform’s internal tools. This allows NFT creators to have more control and customization over their own work, and doesn’t require them to use a platform’s typing process.

Ultimately, pplpleasr acknowledged that the NFT marketplace battle is “amulti-horse race she observes with piqued interest. ” I’m lucky to have a position that allows me to sit on the bench” , she says, ” and be like, “Oh my God, who’s in the lead? » » .

Source : decrypt.co

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Far from having dampened my enthusiasm, an unsuccessful investment in 2017 on a few cryptos only increased my enthusiasm. I therefore resolved to study and understand the blockchain and its many uses and to relay with my pen information relating to this ecosystem.

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Why NFT Artist Pplpleasr Prefers Rarible and Foundation to OpenSea


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