Open-source is at the heart of modern technology. From Linux to Kubernetes, including frameworks like React and languages like Python, nearly all digital infrastructure we use today depends on open-source software.

However, there is a paradox: companies earn trillions from OSS, but the developers who build it are rarely paid for their work.

Open-source is at the heart of modern technology. From Linux to Kubernetes, including frameworks like React and languages like Python, nearly all digital infrastructure we use today depends on open-source software.

Currently, the main funding models for open-source projects include direct donations (GitHub Sponsors, OpenCollective), corporate sponsorships (companies funding strategic projects for their business), and crowdfunding (Gitcoin Grants, crowdfunding).

These models assume fundraising before contributors generate value. First, the project raises funds, then uses these resources to encourage contributors to participate.

What is Retroactive Funding?

As an alternative to the traditional funding model, Retroactive Funding emerges as a model that incentivizes contributors to first create impact and then receive compensation proportional to the value of their contributions. This concept, known as Retroactive Public Goods Funding (RetroPGF), originated in the Web3 space and has been applied to projects related to Public Goods.

Instead of funding initiatives upfront that may not generate value, this model ensures that funding only occurs after the real impact has been proven. It aligns perfectly with open-source projects, where developers already contribute without expecting initial compensation.

This model reverses the traditional logic:

• Traditional Funding: A developer requests money before building.
• Retroactive Funding: The developer contributes to the project, demonstrates their impact, and only then receives funding.

This model solves several inefficiencies in traditional systems. It prevents capital waste on projects that never deliver value, ensures that only initiatives that genuinely benefit the ecosystem are funded, and provides fair rewards for maintainers who have already created something useful.

Examples of Retroactive Funding in Web3

The concept of Retroactive Funding is still in its early stages, but real-world experiments are already applying this logic.

Optimism RetroPGF

The Optimism blockchain launched one of the first retroactive funding programs for digital public goods.. RetroPGF distributes funds to projects that have benefited the Ethereum ecosystem based on their past impact.

This model rewards developers and initiatives that have already proven their value, ensuring that funding goes to those who have truly contributed.

Gitcoin Grants

Although Gitcoin traditionally uses upfront funding (quadratic funding), there have been rounds where projects were funded after demonstrating their impact.

This model is still being tested, but it opens the possibility of making open-source funding more efficient and sustainable.

DAOs and Web3 Protocols

Many DAOs experiment with models for retroactive recognition, where past contributions are rewarded. This can include developers who created useful tools for an ecosystem or collaborators who boosted a community’s growth.

However, this model is still experimental, and no widely adopted standard exists.

Despite these initiatives, there was no direct application of Retroactive Funding to traditional open-source. This is where Reopen positions itself.

How Reopen is Applying Retroactive Funding to Open-Source

Reopen is exploring this concept and adapting it to create a sustainable funding model for open-source software (OSS) projects. The platform aims to allow OSS developers to be compensated for the real impact of their code rather than relying solely on donations or sponsorships.

How does it work?

Developers connect their GitHub repositories to the platform and create campaigns where supporters can purchase support NFTs for the project. These NFTs represent retroactive support and may generate future rewards. The greater the code’s impact, the higher the potential financial return for the maintainer.

This approach creates a new funding cycle for open-source software. Instead of relying on uncertain donations, developers can be paid for the actual impact of their code. Companies and supporters can invest retroactively in technologies that have already proven their value, ensuring that funding happens fairly and proportionally to the impact generated.

Comparison: Retroactive Funding vs. Traditional Models

The main benefit of Retroactive Funding is risk reduction. Funders no longer need to bet on empty promises, and developers are only paid when their work demonstrates real impact.

The Future of Open-Source and the Role of Retroactive Funding

Open-source funding needs to evolve. The current model is unsustainable for developers and leaves billions of dollars in value without fair redistribution.

Companies like Google, Microsoft, and Amazon profit billions from OSS, but most maintainers of these projects survive only on occasional donations.

Retroactive Funding proposes a model that better aligns with the reality of developers’ impact.

Platforms like Reopen are bringing this innovation to Open-Source. The goal is to create an ecosystem where developers can work on OSS without having to rely on uncertain sponsorships or limited corporate support.

If this approach is widely adopted, it could revolutionize how open-source software is funded and ensure greater sustainability for the developer community.

Conclusion

The traditional open-source funding model is broken. While companies save trillions using OSS, the developers who build these technologies are rarely paid.

Retroactive Funding offers a fair solution by ensuring that resources are directed to those who have truly generated value. Web3 is already experimenting with this model through initiatives like Optimism RetroPGF, and platforms like Reopen are bringing this innovation to open-source.

There are still challenges to overcome, but Retroactive Funding may be one of the most effective ways to ensure fair and sustainable funding for open-source developers in the future.

If you are an open-source developer and want to learn more about how you can be funded based on your code’s real impact, check out Reopen and see how to participate in this new funding model.

Open source has been a game-changer in the world of software. It’s been found that a whopping 96% of applications contain open-source code, and 90% of companies utilize open-source technology in at least some capacity. This adoption rate is staggering, and for good reason — open-source software offers companies numerous advantages such as increased agility, speed of innovation, and flexibility at a lower cost. With the ability to innovate on their own terms faster than ever before, companies are able to stay competitive and better meet their customers’ needs.

However, not all open source is created equal and it’s important to beware of fake open source. Fake open source is defined as software that is released under a license that isn’t truly open. To be considered open-source, licenses must be approved by the Open Source Initiative (OSI), which ensures that the software can be freely used, modified, and shared.

One prominent example of fake open source is Mongo’s switch from a GNU Affero General Public License (AGPL) to a Server Side Public License (SSPL), which is not OSI-approved and results in major disadvantages to the user.

Although these imposters are marketed as open source and allow for code inspection and contributions, the license is held by one company, limiting the degree of freedom for users compared to a true open-source project. Choosing captive open-source software exposes companies to many risks, such as becoming stuck with one vendor, leaving them vulnerable to vendor lock-in or suddenly changing license costs or feature accessibility.

Another major disadvantage of fake open source is the lack of community support. For companies who have adopted this software, finding talent is difficult because the contributors are limited. In contrast, true open-source projects such as Linux and PostgreSQL are capable of attracting talent because they are supported by a community of contributors and are completely open to inspection and influence. In fact, the latest version of PostgreSQL had contributions from more than 140 companies.

Developers crave innovation and are drawn to the center of change and breakthroughs, which is exactly why open source is so appealing. While it’s easy to fall prey to fake, captive open-source projects, true open-source software is independent of a single vendor. This means, for instance, that if a database vendor using PostgreSQL were to go out of business, PostgreSQL would remain unaffected.

It’s crucial for companies to learn how to identify captive open-source software, so they don’t waste time or resources on software that doesn’t provide the agility and benefits they need. Here’s how to spot fake open source:

1. Check if the software license is OSI-certified.

2. Choose software backed by a robust community instead of one driven by a single company.

3. Read the project’s release notes and make sure there are many contributing companies mentioned.

4. Monitor the rate of innovation and be sure that regular updates are being released for the software.

By carefully vetting software and avoiding captive projects, companies can reap the numerous benefits of open-source software such as reduced cost, innovation, community support, and independence from vendors.

Uncovering the Dangers of Counterfeit Open Source Software was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

Elon Musk, the CEO of Twitter, has made good on his promise to open source some of Twitter’s code. Despite firing Twitter’s open source staff, Musk surprised us all by releasing the recommendation code algorithm on March 31. Dubbed “The Algorithm” with great fanfare, it’s now available on GitHub, along with some of the Machine Learning (ML) modules that are used to construct your home timeline.

The recommendation code is mainly written in Scala, a high-level language that uses both object-oriented and functional programming techniques. The code also includes languages like Java and Python. The code is licensed under the GNU Affero General Public License (AGPL3).

The ML modules are written in Python and have been optimized for NVIDIA GPUs. It’s licensed under the AGPL3 and a BSD 3-Clause License variant, TorchRec. These modules are part of the pipeline that determines which tweets appear on your timeline, and it’s made up of three stages: candidate sourcing, ranking tweets using an ML model, and applying heuristics and filters.

Home Mixer is the service responsible for constructing and serving your timeline. It’s built on Product Mixer, Twitter’s custom Scala framework for building content feeds. The candidate sources include 50% of people you follow (In-Network) and 50% of people you don’t follow (Out-of-Network). Twitter uses Real Graph for In-Network tweets, a model that predicts the likelihood of engagement between two users. For Out-of-Network tweets, the algorithm uses a logistic regression model with graph traversals via GraphJet, a real-time graph processing engine.

Although the release of the code sounds impressive, Twitter has not released the training set, which is impossible for them to do. Without the data, the algorithm’s release is incomplete and dishonest. As a former Twitter executive put it, “Every effort in open-sourcing the algorithm without the data is completely dishonest.” Additionally, Musk himself admitted that the initial release of the algorithm will contain a lot of mistakes.

Twitter’s reason for not releasing the complete code may have been to prevent spammers from gaming the recommendation algorithm. However, filtering spam should be done before it reaches the recommendation algorithm. Open source development brings many benefits, and its advantages outweigh its dangers. Although Twitter claims that they aim to provide full transparency to their users, the release looks more like “open source washing” than a real look at their code.

Twitter’s Algorithm Goes Open Source: A Closer Look was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

The world of Web3 is changing the game for startups and investors, but with this new paradigm come new challenges. At Paris Blockchain Week 2023, a panel of Web3 professionals gathered to discuss the impact of this technological revolution on the industry.

Laurenz Apiarius, founder of Blockwall Digital and Blockwall Capital, acknowledged the achievements of Web3 entrepreneurs, but cautioned that some take advantage of the hype surrounding the technology to overvalue their businesses. This, in turn, hurts investors who believe in their futuristic promises.

Investors also face new challenges in understanding the needs of Web3 organizations. Amos Meiri, founding partner of Node Capital, noted that investors must understand the technical, legal, and marketing aspects of Web3 projects to make informed decisions and channel their support to entrepreneurs the right way.

Igneus Terrenus, head of partner relations at BitDAO, shed light on the decentralized autonomous organization (DAO) model of Web3 startup governance. While acknowledging that DAOs are not a perfect solution, Terrenus emphasized the importance of incentivization and education for DAO stakeholders. He also suggested that DAOs could work alongside traditional limited liability companies (LLCs) in the near future.

The world of Web3 offers exciting opportunities for startups and investors, but success requires careful consideration and understanding of the unique challenges of this new paradigm. As we navigate the ever-evolving landscape of technology, we must remain vigilant and adaptable to ensure the success of Web3 for all.

PBW2023 Panelists: Investors Must Step Up to Ensure Web3 Success was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

Despite the volatile nature of the crypto market, major players in the industry are still pushing forward, building and growing at an unprecedented rate. The recent Paris Blockchain Week brought together established industry giants and emerging crypto firms to discuss the future of Web3.

While opinions on the direction of Web3 varied among the attendees, one thing became clear: culture plays a pivotal role in the development of this new technology. Arthur Madrid, the CEO of the metaverse game The Sandbox, stressed the importance of artists like Snoop Dogg, who has a significant investment in land in The Sandbox, in driving the technology forward. Artists and musicians have a vested interest in the success of Web3 and could act as powerful ambassadors for the technology.

However, not all speakers at the conference were singing the praises of Web3. Tomer Weller, the VP of Product at the Stellar Development Foundation, had a controversial keynote speech in which he criticized the lack of expertise in smart contract development. Weller also criticized Ethereum, the biggest network for smart contracts, for its design flaws, which led to its developer Gavin Wood abandoning it. He also warned of the impending problem of “ledger bloat,” which could limit the memory capacity of major blockchain networks.

Despite these concerns, investors at the conference demonstrated a clear understanding of the values of Web3. Laurenz Apiarius, a Web3 investor, emphasized the importance of distinguishing between true innovators and mere copycats in the Web3 space. Igneus Terrenus of BitDAO highlighted the importance of Web3’s mission to give people ownership and not rely on big tech companies.

The Paris Blockchain Week showcased the growing importance of Web3 technology and the crucial role that culture, artists, and investors play in its development. While there may be challenges to overcome, it’s clear that Web3 is here to stay, and it’s an exciting time to be a part of this revolution.

Culture, Critiques, and Investors: Highlights from Paris Blockchain Week 2023 was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

The rise of Web3 technology has brought about a wave of innovation that extends far beyond cryptocurrency and NFT trading. This cutting-edge technology is now being used to solve real-world problems and make a meaningful difference in communities and society as a whole. Innovative Web3 verticals like GameFi, DeSci, DeFi, and ReFi are pioneering solutions that address pressing issues in the world today.

GameFi-for-Good is one such movement that combines gaming and finance to create new ways to generate income through Play-and-Earn (P&E) games. This movement is especially popular in Southeast Asia, where financially disadvantaged communities are using NFT games as a means of earning supplemental income. By engaging in charitable initiatives like agricultural projects and food drives, companies like Digital Entertainment Asset (DEA) are also making significant contributions toward social good.

DeSci (Decentralized Science) is another Web3 vertical that is using blockchain-based solutions to solve some of the problems plaguing modern science such as funding, publishing, and copyright. By promoting fairer representation and enabling scientific communities to be self-sustaining, DeSci is turning the traditional funding model on its head. Gitcoin is a platform that has enabled developers to gain nearly US$73 million in funding for open-source projects since 2017. The platform utilizes quadratic funding to match community donations in a mathematically sound and democratic fashion, creating a more equitable system for funding scientific research.

Ethical DeFi and ReFi are two other Web3 verticals that are making a real impact in the world. Ethical DeFi is using blockchain technology to promote Islamic Finance principles that prohibit unethical and exploitative business practices. Meanwhile, Regenerative Finance (ReFi) is focused on creating blockchain-based value estimations of natural assets such as forests and oceans, providing financial resources to corporations and individuals looking to lower their carbon footprint by regenerating natural environments.

Despite the challenges that the Web3 industry has faced, social impact movements and projects are being taken seriously as a force that can make a real communal difference in the world. With innovations like GameFi, DeSci, DeFi, and ReFi, the potential for Web3 technology to become a major force for social impact is limitless.

These innovations are not just changing the way we think about finance, gaming, and science, but they are also making a real difference in the lives of people around the world. As the Web3 industry continues to grow and mature, we can expect to see even more impactful and innovative solutions that will help solve real-world problems and make a meaningful difference in communities and society as a whole.

Web3 Innovations: Solving Real-World Problems with GameFi, DeSci, DeFi, and ReFi was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

Attention Open-Source Devs! Have you heard about Reopen? This platform offers an innovative way for OSS maintainers to monetize their projects and for NFT holders to support the open-source community. Reopen operates using smart contracts, NFTs, and auctions to create a fundraising campaign focused on open-source projects.

As an open-source developer, you know how important OSS is to society. It is a crucial public goods market that needs support to keep going. Reopen aims to transform the open-source market by linking a new generation of NFTs with sponsors who want to change the world. This means that you can work autonomously on the open-source projects you want, while also being sponsored to do so. With Reopen, the open world is possible.

Reopen is positioned at the forefront of building a promising future for open source through blockchain. The decentralized democratic distribution benefits all stakeholders in the community who are engaged in building and evolving a fair and democratic Reopen ecosystem of all for all and with all, together.

The best part is that Reopen uses smart contracts to automate the whole process. Through recurring auction seasons, continuous subsidies are democratically distributed so that initiatives keep evolving. The bidding mechanism is different from anything else out there, making it exciting and innovative.

According to the MarketsandMarkets™ report published in late December 2022, the worldwide Open Source services market is expected to grow from $25.6 billion in 2022 to $54.1 billion in 2027, with an annual growth rate (CAGR) of 16.2% over the next five years. This means that there is a growing need for open-source developers, and Reopen is here to provide an exciting new source of funding and ongoing support for OSS projects.

How it works:

The process of auctioning a project on Reopen is relatively straightforward. The OSS maintainer connects their GitHub repository to Reopen, ensuring the project is ready for auction. Next, the maintainer sets up a campaign and parameters for the first season, including the project’s logo, supply, minimum price, and more. The campaign must be approved by other repository maintainers or admins before it can be launched.

Once the campaign is approved, an NFT collection and smart contracts are created based on the specified parameters. The maintainer then publishes the campaign and the first season with a fixed date for the auction sales event, marking the beginning of the sales promotion phase.

For at least 30 days, the maintainer can promote the sale within their community, and Reopen also promotes upcoming auctions, ensuring the campaign reaches the widest possible audience.

When the auction starts, bidders can place their bids in Wrapped Ether (WETH). The smart contracts hold a 7-day auction sale, automatically distributing the proceeds to the project, project contributors, NFT holders, the Ecosystem Pool, and the Holders Pool.

Following the auction, the project will establish a distribution stream for the Ecosystem Pool and recurring royalties from secondary market sales. Additionally, NFT holders have the option to stake their NFTs in the Ecosystem Pool to earn rewards in WETH.

Finally, the maintainer can change the parameters for the next season just before it begins. If no action is taken, the season will renew automatically with the same parameters.

For all this to happen we need the Genesis Pass. The Reopen Genesis Pass is an exclusive collection of NFTs that each represents a code commit made to the Ethereum protocol on GitHub. This signifies the important role that Genesis Pass holders play in the growth and development of our ecosystem. In essence, the Genesis Pass is an integral part of our platform’s success. It showcases our commitment to excellence, innovation, and community-driven open-source development. The funds generated from the Genesis Pass will be used to finance the functioning of the entire Reopen Platform.

Reopen offers an exciting new way for OSS maintainers to monetize their projects and for NFT holders to support the open-source community. By using NFTs to auction projects, Reopen provides a new source of funding and ongoing support for OSS projects, incentivizing maintainers and contributors to continue improving and expanding their work. With Reopen, the future of open-source software looks bright, and we can’t wait to see what amazing projects get auctioned off next. So, join the Reopen

Reopen: The Solution for Open-Source Devs Tired of Not Getting Paid for Their Work was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

In today’s world, where we face a confluence of challenges, including wars, climate change, extreme wealth and poverty, and pandemics like COVID-19, it is crucial that we remain optimistic and work towards building a better future. In this context, open source technology plays a critical role.

Open source technology, with its roots in collaboration and community, has attracted unprecedented attention from governments and the global policy community. The power of open source was evident during the COVID-19 pandemic when the scientific community came together to create a global collaboration unlike any in history. Within weeks of the outbreak, over 200 clinical trials were launched, leading to the development of vaccines in record time. The scientific community demonstrated the power of continued, persistent, and enduring collaboration, and their efforts highlight the importance of open source technology.

Open source technology enables bottom-up thinking, where the community acts as a QA department and product manager. The absence of hierarchy allows ingenuity to proliferate in a decentralized fashion, resulting in continuous improvement. Open source software keeps up with changes in technology and executes on the promise of continuous improvement more effectively due to the breadth and depth of contribution to design, development, and defect correction.

However, regulations, compliance, and barriers to collaboration across and within institutions present a challenge to open source technology. Code written by US Federal government employees typically does not have copyright protections, making it difficult to issue open-source licenses. Governments also run into challenges motivating people internally to make open source a part of their professional responsibilities.

To address these challenges, ongoing discussions about how to get open source right in government are taking place, with legislation opening new doors, particularly in the security industry. With more bottom-up thinking, solutions to problems can come from anyone, anywhere, regardless of economic or commercial perspectives.

Open source technology is about many minds converging to establish a technical superbrain that can outpace a seemingly never-ending onslaught of problems. The world is incredibly dynamic, and technology and threats are evolving faster than ever before. The Status quo is a losing strategy, and open source technology provides the foundation for continuous improvement and progress.

In conclusion, the importance of open source technology cannot be overstated. It is crucial to address the challenges we face and build a better future for ourselves and the world. It enables collaboration, community, and bottom-up thinking, leading to continuous improvement and progress. As we move forward, we must continue to embrace and promote open source technology as a critical component of our collective future.

The Power of Open Source in a Challenging World was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

Welcome to the wonderful world of Decentralized Finance, where the sun never sets on innovation and possibilities! Here, we talk about how important Ethereum and NFTs are to this vast kingdom of decentralized financial services.

First, let’s talk about Ethereum, the superstar of the blockchain universe. Ethereum is like the cool kid on the block who everyone wants to hang out with. It’s the most popular blockchain that attracts hundreds of decentralized projects. Ethereum was launched by the genius programmer Vitalik Buterin, who conceptualized the blockchain when he was just 19 years old. Talk about a prodigy!

But what makes Ethereum so popular? Well, unlike some other blockchains that only process one cryptocurrency’s transactions, Ethereum was designed to build decentralized projects. It’s like a Lego set for developers to create their unique decentralized applications. Developers can create decentralized projects on Ethereum that use tokens specific to that project, not just ETH.

One of the most popular DeFi projects on Ethereum is Uniswap, a decentralized cryptocurrency exchange that has a native token called UNI. UNI can be used to pay fees and vote on governance proposals within the Uniswap exchange.

Ethereum is the backbone of the DeFi industry, with over 200 projects hosted on its network. Although other blockchains host DeFi projects, none have the popularity and choice of Ethereum.

Now, let’s talk about NFTs, the colorful and unique tokens that have taken the world by storm. NFTs are like rare collectibles in the crypto world, like digital baseball cards or comic books.

NFTs can be used to prove ownership of virtual items, copyright ownership, royalties, and licensing. They can also be used as collateral on some DeFi platforms. In gaming-based DeFi projects, NFTs are often used to trade virtual in-game assets, like land, outfits, and weapons.

However, most NFTs and NFT-based projects exist on the Ethereum blockchain. This is because the majority of NFTs use the ERC-721 token standard, which is based on Ethereum. In many ways, NFT projects often rely on the Ethereum blockchain, which further emphasizes the importance of Ethereum in DeFi.

While Ethereum is the superstar and NFTs are the cool and unique sidekick, both play integral roles in various DeFi platforms. Ethereum already forms a principal part of the DeFi industry, while NFTs have the potential to be applied in various ways.

In conclusion, Ethereum and NFTs are like Batman and Robin of the DeFi world. Ethereum is the leading blockchain with the most decentralized projects, while NFTs add the unique and colorful touch to DeFi. Together, they are an unstoppable force that will continue to innovate and evolve the DeFi industry. So, strap on your seatbelts, folks, and get ready for a wild ride in the world of DeFi!

The Significance of Ethereum and NFTs in the World of Decentralized Finance was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hey there! It looks like the NFT market is back on its feet after a tough 2022. DappRadar’s latest report shows that February was a remarkable month for the NFT sector, with a whopping $2 billion in trading volume. That’s the highest it’s been since May 2022!

This impressive surge in trading volume was largely due to Blur, a popular NFT marketplace, which dominated the market with $1.3 billion in trading volume.

The NFT sector also increased its dominance in February, with an average of 153,337 daily unique active wallets (dUAW), up from 8.47% in January to 9.46% in February. That’s a lot of unique wallets, almost like a big crowd of people going to a concert every day!

But it’s not just NFTs that saw growth in February — the DeFi ecosystem also experienced significant growth, with an average of 390,675 daily unique active wallets (dUAW), increasing its dominance from 21% in January to 24% in February.

One platform that experienced explosive growth in February was Polygon, the Ethereum sidechain. It saw a 147% increase, reaching $39 million in NFT trading volume. Other platforms, such as Immutable X and BNB Chain, also had a great month. Immutable X, which focuses primarily on video games, witnessed a 71% surge in NFT trading volume, totaling $24.4 million. BNB Chain noticed a similar growth, with $7 million in NFT trading volume.

Blur, the star of the show, has a unique trading pattern that sets it apart from other NFT marketplaces. It’s like the popular kid at school who’s always doing something different and getting everyone excited. Platforms like OpenSea cater more to casual NFT enthusiasts engaging in smaller trades on an occasional basis, while Blur is meant to hook those who engage in high-volume trades with reasonable frequency.

However, not everyone is thrilled with Blur’s trading activity. CryptoSlam announced on Friday that it would remove $577 million worth of Blur trades from its data. It cited “market manipulation” as the reason for its decision.

Blur’s unprecedented rise in NFT trading volume is primarily driven by “whales” who engage in constant buying and selling of NFTs through bid pools to farm token rewards for the next airdrop. But not everyone agrees that this kind of token flipping is the same as wash trading. Despite the controversy, Blur maintains that its platform has a lower percentage of wash trading than previously suggested, citing data from Dune Analytics as evidence to support its claim.

Overall, it looks like the NFT market is on a roll, and there’s no stopping it!

NFTs Reach Record Trading Volume of $2 Billion in February, Highest in 9 Months was originally published in Reopen on Medium, where people are continuing the conversation by highlighting and responding to this story.