OpenSea suspends new airdrop reward mechanism due to user feedback

2025-02-18 19:50:41
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ChainCatcher news, according to Cointelegraph, the NFT trading platform OpenSea has announced the suspension of its newly launched listing and bidding points reward mechanism. Previously, the platform introduced an experience points (XP) system in the OS2 beta version launched on January 28, which was intended for future eligibility for the platform token SEA.

Due to the mechanism being accused of promoting wash trading and neglecting builder contributions, OpenSea CEO Devin Finzer stated that the strategy will be adjusted, focusing on the XP shipments mechanism launched on February 14, and increasing rewards for NFT buying and holding behaviors.

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