OpenSea seems to be constantly fighting all the issues that appear in this web3 scene. And as we’ve said previously, it’s quite also a common violation of the Constitution, with numerous artists and NFT owners finding out their work sold on the platform without their permission. OpenSea is changing its policy when it comes to dealing with such theft, and it will only make things worse for the victims.
The DAY’s THEGAMER VIDEO: The GAM.
Anyone reporting their work or tokens stolen and sold on OpenSea will have to produce a police report to get them off the site. This is being done to help prevent apparent false reports, and to stop punishing those who buy stolen NFTs in secret.
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“We’re expanding the way we use police reports”, reads a Twitter thread that reads from OpenSea explaining the policy change. “We’ve always used them for escalated disputes, but now they’ll be used to confirm all theft reports.”
“As always for all reports going on, if we don’t receive a police report within seven days, we must always buy and sell the goods we’ve been in need of. This change could help prevent false reports.”
Yes, this new policy will require owners of the NFT to call the police if their monkey is stolen. Where can Police and Governments follow such calls? How can OpenSea see if different countries are capable of implementing wide and wide-ranging systems?
The move, out of a single word, diverted opinion. Some believe that crypto bros will be calling the police to report their NFT stolen. While others – the cryptocurrency traders in question – were really relieved to see this change happen, frustrated at the fact that such a large number of NFTs were locked due to theft reports. That suggests, maybe they should be angry because the thieves are not the original owners who reported the theft. Unfortunately, making it even harder to report in the first place works well.
The policy is now in place, and this year the next year the main attraction is many more NFTs available on the site. Don’t be surprised if you get some angry DMs from the owner.