[digitailor]

To chime in with the choir, you do get it. You bring up OpenSea and I can give you an example of the defeat-of-decentralization that you mention. One of the things that commonly appeals to people about the idea of NFTs is that smart contracts allow for things like a resale fee (points) to go back to the original owner automatically for all future resale transactions. But you actually can't automatically receive the resale stipulation if the resale of the NFT takes place off of the OpenSea platform due to its design, which is basically an intermediary smart contract that has the functionality that allows for the points to be assigned.

I'm not a decentralization purist so I can't say that "Web 3.0" centralization bothers me in and of itself. I do think it dulls a lot of arguments of there being great innovation in this specific area, especially when your non-fungible token consists of a URL string. Real-world, existing laws and regulation apply to this new stuff already, as you indicate.