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I thought it was too big to fail. https://t.co/5SGBPMLIIY
— Mike Monteiro? (@monteiro) February 12, 2022
Cent CEO and cofounder Cameron Hejazi highlighted three main problems: people selling unauthorised copies of other NFTs, people making NFTs of content which does not belong to them, and people selling sets of NFTs which resemble a security.
— Emil Protalinski (@EPro) February 12, 2022
He said the issues were "rampant".
? https://t.co/ob6dcxb9ph
The NFT marketplace where @jack sold the first tweet for $2.9M is shutting down because people keep selling copies of other NFTs, making NFTs of content which does not belong to them, or selling sets of NFTs which resemble a security.
— Dare Obasanjo (@Carnage4Life) February 12, 2022
OpenSea would never.https://t.co/9SNhwrnkd6
NFT marketplace shuts down, citing rampant fakes & plagiarism
— Kenn White (@kennwhite) February 12, 2022
CEO says he's “keen on protecting content-creators, and may introduce centralised controls as a short-term measure in order to re-open the marketplace, before exploring decentralised solutions.”https://t.co/odviq4V25y
super bowl advertising is going to be super dumb this year as we watch legacy brands despoil themselves in a desperate grasp of marketing departments to feel relevant and trendy again https://t.co/NWWxgyTY4S
— David Carroll (@profcarroll) February 12, 2022
Interesting read acknowledging what most of us already knew.https://t.co/cGzap1258t
— Michael (@oldnikonfm3a) February 12, 2022
Well that’s just crazy. Who would have ever thought… https://t.co/MduC6oGWRf
— Cat Staggs ?️? ✨??? (@CatStaggs) February 12, 2022
"leaving many baffled as to why so much money is being spent on items that do not physically exist and which anyone can view online for free"https://t.co/D5scTx7bzy
— Jacob Silverman (@SilvermanJacob) February 12, 2022
shocked shocked etc https://t.co/XSOLe8zz0X
— Ed Bott (@edbott) February 12, 2022
Why not let the community curate the marketplace and reward them with tokens for their work, operate like a DAO, give them ownership and control. When you operate with a web2 model in a web3 space, you will obviously fail!https://t.co/KmaLCqbYkQ
— Sumit Ghosh (@sumitgh85) February 12, 2022
Centralised controls for decentralised markets lol
— Theo Priestley (@tprstly) February 12, 2022
The sooner the shitty end of NFTs collapses the better for the industry and we can move forward and build something better. Shame VCs are fuelling this trend for their own short term gain.
https://t.co/ZDWQP6pDWv
Huh. It’s almost like the artists who have been sounding the alarm about NFTs for nearly a year now had a point ? https://t.co/ElQ7KYHR1A pic.twitter.com/ivg6rVPIDi
— Jen Bartel (@heyjenbartel) February 12, 2022
NFT marketplace Cent has stopped letting people mint NFTs because people keep selling stuff that doesn't belong to them and NFTs don't solve that problem even a little bit: https://t.co/hEazVzdu2y
— Laurie Voss (@seldo) February 13, 2022
O rly? ?https://t.co/ufKyVLvPuW pic.twitter.com/79KrDiTVru
— gorilla.bas (Andrew) (@brassicGamer) February 13, 2022
Awkward.
— Olivier Blanchard (@OABlanchard) February 13, 2022
"The company that last year helped Jack Dorsey auction an NFT of his first tweet for $2.9 million, is temporarily halting most transactions to address “rampant” sales of fake and plagiarized tokens."
So much for NFTs being counterfeit-proof. ?https://t.co/xyuUsFy0Mg
Users were selling NFTs based on images they did not own the rights to and even selling copies of other NFTs, as well as selling NFTs that had been made to resemble other tradable assets. https://t.co/vDCRqTHLwF
— PC Gamer (@pcgamer) February 13, 2022
NFT marketplace halts transactions due to 'rampant' counterfeiting. https://t.co/dj0GrQZFcc pic.twitter.com/9bWLggnu7a
— PC Gamer (@pcgamer) February 13, 2022
NFT marketplace halts transactions due to 'rampant' counterfeiting https://t.co/oRgS4BwlVJ #NFT #NFTs #NFTnews #nftcollector #NFTcollectibles #NFTCommmunity #Blockchain #NFTartist #NFTMarketplace #NFTartists #nftart
— NFT manufactory (@NFTmanufactory) February 13, 2022
Going for a curated model would cost OpenSea a big slice of the NFT crowd that longs for a Wild West ecosystem, but staying on the current light-touch course would bring about an endless string of PR crises. https://t.co/YoC1OMpPip
— WIRED (@WIRED) February 10, 2022
OpenSea has thrived as a freewheeling market for NFTs with few rules and little oversight. But when things go wrong, even crypto fans want an authority to turn to. https://t.co/lyZPDx7l0s
— Bojan Tunguz (@tunguz) February 12, 2022
“OpenSea was really at the foundation of the NFT industry, and they were just not able to support this crazy growth.” https://t.co/2j8dZJw7CA
— WIRED (@WIRED) February 11, 2022
Via @WIREDUK
Security issues and endless copycat listings are rife, but the platform’s attempt to stop them is angering everyone. https://t.co/T6Fu28ToTt
— WIRED Gadget Lab (@gadgetlab) February 11, 2022
Centralized content moderation is kryptonite for crypto bros – so how can OpenSea clean up its act? by @Gmvolpi https://t.co/tRsgj3Yuod
— Greg Williams (@GregWilliams718) February 10, 2022
NFTに興味ある人も、そうじゃない人も。WIREDから、Openseaのいまをわかりやすくまとまっている。https://t.co/DU16ZMaS2a
— Samson (@yeesamson) February 12, 2022
"They blame OpenSea's own decision to make NFT minting open and free to everyone as the cause for the explosion of NFT plagiarism that the platform was unable to quash."https://t.co/JIkWbMbXNR
— anika meier (@thisaintanika) February 12, 2022