Their volume for the past 24 hours has consisted of 73 trades[1]. In what world is that successful?
> [...] trading for thousands (some tens of tbousands) of dollars.
This is extremely misleading, no one's putting in 10 grand from their paycheck to buy a kitty; it's all in-ecosystem crypto "money" that's being sloshed around.
[1] https://nonfungible.com/market/history/cryptokitties?filter=...
Some trading cards are extremely rare and valuable. Most are not. Vast majority of kitties fit in this category.
Unless there is some strong KYC on opensea that prevents this (I honestly don't know, having never used the platform), it seems almost inevitable. There's not really an objective way to value most of this stuff, so buyers are going to look at the price history to guesstimate what they might be able to resell an NFT for. But how much of that price history is bogus wash trades?