Popular NFT marketplace OpenSea hasThe system is abused
"We originally built our shared storefront contract to make it easy for creators to onboard into the space," tweeted OpenSea."However, we've recently seen misuse of this feature increase exponentially. Over 80% of the items created with this tool were plagiarized works, fake collections, and spam." Imagine the horror of going to OpenSea's digital gallery only to find your own art posted under someone else's domain. To avoid this kind of incident, OpenSea announced on Thursday it would limit how many times a user could create an NFT for free on its platform to 50.
This decision was not well received by the platform's users and triggered a rampage of complaints. This led OpenSea to reverse its move while still claiming it would work hard to deter nefarious users of its platform."In addition to reversing the decision, we’re working through a number of solutions to ensure we support our creators while deterring bad actors," further tweeted OpenSea.
The marketplace also announced it was reviewing these new changes with its users in advance of rolling them out and asked its followers to offer feedback so it may improve its services. The lesson here is that creators seem to be willing to take the chance that their work might be plagiarised as long as they can continue to create new work.This is a development OpenSea could not have expected and therefore had to learn the hard way through negative feedback.
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