A new way to keep your NFTs safe. opensea announced the launch of a new feature that will automatically hide suspicious NFT transfers from view on their marketplace and ensure that only legitimate transactions are visible.
One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens .
In light of the growing number of NFT scams, OpenSea has announced the launch of a new feature that will automatically hide suspicious NFT transfers from view on their marketplace. This will help to protect users from being scammed and ensure that only legitimate transactions are visible.to a blog post on Monday, 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 enhancing trust and safety on the platform. The NFT marketplace will make substantial investments in a variety of important areas for trust and safety, including theft prevention, IP infringement, scaling review and moderation, andcritical response times in high-touch settings, as per a recent blog by the project’s co-founder and CEO Derin Finzer.
Furthermore, OpenSea has established 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 Finzer, removing these types of items from the platform will improve its overall performance. It will also prevent unsolicited advertisements and fraudulent items that may be found on open blockchains from being seen on OpenSea.
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