Alex Atallah, co-founder of OpenSea, created OpenRouter, a unified API giving developers access to multiple LLMs. OpenSea had reached a valuation of $13.3 billion during the 2022 NFT boom, with $2.7 billion in volume on a single day in May. Stripe announced this week the acquisition of OpenRouter for over $7 billion, giving Atallah a successful partial exit. OpenSea has since declined, with monthly volumes falling below $20 million in August. OpenSea’s future remains uncertain, with no clarity on Atallah’s intentions regarding potential support for the company.
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