OpenSea has recently come under fire for stolen and plagiarized nonfungible tokens NFTs.
In light of the growing number of NFT scams, OpenSea has publicized the launch of a new feature that will automatically hide suspicious NFT transfers from view on their marketplace. This will help to shield users from being scammed and ensure that only genuine transactions are visible.
The new feature will automatically conceal suspicious NFT transfers to address key concerns around trust and safety on OpenSea.
OpenSea has recently been focusing on improving trust and safety on the platform. The NFT marketplace will make significant investments in a variety of important areas for trust and safety, including theft prevention, IP infringement, scaling review and moderation, and reducing critical response times in high-touch settings.
Furthermore, OpenSea has set up a special moderation team to handle review and moderation. For copyright concerns and other fraud vectors going forward, it will use “critical auto-detection” technologies. According to Opensea, removing these types of items from the platform will improve its overall performance. It will also prevent unwanted advertisements and fraudulent items that may be found on open blockchains from being seen on OpenSea.
