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OpenSea

@opensea

Nov 15

1/ After hearing the passionate voices from the creator community last week, we believe marketplaces should honor a creator’s choice to set fees on existing collections, not just new ones. Thread 👇

2/ Last week we launched a marketplace filter that collections can use to protect creator fees across the NFT ecosystem. As a reminder, this tool is a v1 and is intended to give creators the choice to protect their business model by blocking royalty-evading transactions.

3/ If a marketplace is on the list to be filtered, we will remove it if:
A) it respects creator fees for new projects with on-chain creator fee enforcement going forward
B) it protects creator fees for all existing projects

Read 6 tweets

OpenSea

@opensea

Nov 9

UPDATE: We will continue to enforce creator fees on all existing collections.
🧵⬇️

2/ When we began seeking guidance from our community, it was to understand a range of perspectives (from creators, collectors, and builders in this space) that would help us make sense of trends and behaviors we were observing.

3/ One observation: in the economic downturn, many of those looking to sell their NFTs are trying to sell them for as much as they can. Moving their listings to marketplaces that don’t enforce fees is one way to do this.

Read 17 tweets

OpenSea

@opensea

Nov 6

There’s been a lot of discussion over the past few months about business models for NFT creators & whether creator fees (“royalties”) are viable.

Given our role in the ecosystem, we want to take a thoughtful, principled approach to this topic & to lead w/ solutions. 🧵

2/ It’s clear that many creators want the ability to enforce fees on-chain & we believe that choice should be theirs–not a marketplace’s–to make.

So we’re building tools we hope will balance the scales by putting more power in creators’ hands to control their business model.

3/ To that end today we’re launching a tool for on-chain enforcement of creator fees for *new collections* Starting 12pm ET on Tuesday Nov 8 OpenSea will enforce creator fees only for new collections that use an on-chain enforcement tool such as this one. github.com/ProjectOpenSea…

Read 10 tweets

OpenSea

@opensea

Nov 4

You know what day it is, Happy #FeatureFriday!🤘

We launched 4 features this week:
💥Live Collection Page Stats
💥Simplified Wallet Connection
💥Making Multiple Collection Offers
💥Accept Highest Offer and Trait Top Floor Price

2/ Live Collection Page Stats
Top level collection stats update automatically now! This is the first in a series of planned improvements to get to a smoother, more real-time experience on OS 🤙

3/ Simplified wallet Connection
We’ve made the wallet connection experience much smoother and lighter weight!

Read 5 tweets

OpenSea

@opensea

Nov 3

@alidasun

This week in Waves 🌊: @alidasun

We’re highlighting an artist who is constantly pushing the boundary of what digital art can be and how people can experience it. Although Alida is already so accomplished, she still works on her craft daily to innovate and explore generative art!

2/ Alida’s early inspiration came from the Bauhaus style of design and the underground art scene in Berlin. She’s since taught herself how to code and has now displayed her spatial projection installations in some of the most exclusive art spaces!

3/ Alida’s talents range from crafting physical materials to designing spatial projection shows with live dancers - a true combination of analogue and digital.

She hopes to instill a sense of wonder for those who see and interact with her work as that’s when her art comes alive

Read 7 tweets

OpenSea

@opensea

Nov 2

1/ Stolen items and scams are big issues in the NFT space. So, we’ve been hard at work on 2 new solutions to address both on OpenSea:

Introducing Malicious URL Detection and Removal 🚫 and Theft Detection and Disablement 🔐

2/ Malicious URL Detection and Removal 🚫

We just launched a new system that proactively scans URLs shared on OpenSea to identify if they may be malicious. It starts by cross checking a given URL against a blocklist of known malicious sites.

3/ But since suspicious behaviors often show up on OpenSea before they are known to be bad, the system goes a step further by analyzing interactions and transactions to identify malicious behaviors like signature farming and wallet draining 🔎

Read 8 tweets

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