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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Long and Short Positions in Crypto Explained for Beginners

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    What Is Fully Diluted Valuation (FDV) in Crypto?

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

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    Matt Furie NFTs Crater 97% After Mint Exploit

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    Rekt Is Reaching the Masses

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    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

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    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

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    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

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    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

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    7 Classic Video Games That Defined Their Consoles

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    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

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    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

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    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

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    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

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    Crypto Casinos Made Over $80 Billion in 2024

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

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    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

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  • Analysis
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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home NFT

Game developers’ fiery retaliation for OpenSea’s NFT Ban

February 26, 2024
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Game developers’ fiery retaliation for OpenSea’s NFT Ban
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Within OpenSeason, an open-world combat game reminiscent of Fortnite that is infused with fantasy and memes, the protagonists traverse a landscape replete with crypto-culture allusions, including an amusement park themed after Pepe and avatars representing the Bored Apes and Milady. In this brilliant spectacle, one thing stands out: a blazing shipwreck near the pier, dubbed “OpenSea” after the well-known NFT exchange platform.

READ ALSO

NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

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This smart gameplay feature was designed to humorously shame OpenSea when it delisted Fractional Uprising Studios’ Ethereum NFTs. In addition to functioning as entry tickets, these passes granted their possessors additional abilities, such as the ability to leave airdrop tokens as benefits or access in-game items.

The Burning Ship’s placement during the Open season was a strategic manoeuvre in retaliation against Opensea’s actions against them, according to an interview with GG in Decrypt featuring Krypticrooks, the founder of Fractional Uprising via Decrypt. Ultimately, the design underwent a complete transformation. Originally portrayed as a tranquil boat moored at the pier, it was subsequently drastically changed to symbolize the studio’s discontent with OpenSea’s action, which was precipitated by the studio’s own insinuations that sparked the burnout.

Its initial tweet of the month incited controversy when Fractional Uprising accused the platform of shamelessly reducing its collection. An examination of the correspondence between OpenSea representatives and customers revealed that the project had been delisted, rendering it accessible only through the NFTs. It was nonetheless required to be tradable on the platform.

See also  Nike dives into video game wearables, explores NFT fashion

According to OpenSea’s explanation to Decrypt, this course of action is initiated when the terms of service are violated, specifically when financial services such as options, securities, commodities, and debt instruments are prioritized. The marketplace’s stance on this subject reflects a policy regarding financial products that result in penalties, such as account closure and delisting of the issuer.

Notwithstanding the concessions extended to the studio, which maintained their project did not involve any security measures, the OpenSea service recommended the cancellation of the project as the sole recourse. This aspect elicits disapproval from the game developers. They emphasized the necessity for greater transparency and the incapability to challenge the decision, alleging that OpenSea was not adhering strictly to the decentralization tenets advocated by Web3.

As a result, it has sparked debate within the digital community, with some considering it to be too corporate and incompatible with the concept of Web3. In addition, the occasion highlights the ongoing debates surrounding governance and the role of venture capital in the NFT marketplace sector, which is increasingly requiring user-centric strategies and shared governance mechanisms.

Tags: BanDevelopersfierygameNFTOpenSeasretaliation

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