OpenSea Introduce features to improve authenticity

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Opensea works to improve authentication features

OpenSea is introducing features that “improve authenticity” on the digital marketplace authenticity features to prevent Copymints

“Copymints” are tokens ripping off other NFTs and have proved to be an issue for platforms like OpenSea. Last year, the platform banned two collections that mimicked Bored Ape society NFTs by flipping them that the image is mirrored. And though the owner of an NFT is recorded on the blockchain, fakes are rampant. In February, OpenSea said users minted over 80 percent of the content it removed for violation, with its free minting tool.

OpenSea says it is implementing two-part copy detection system. The platform also noted that copies make it tough for users to seek out authentic content. Adding that it’ll use image recognition tech to scan NFTs on the platform. And compare them with authentic collections, searching for flips, rotations, and other variants. OpenSea says human reviewers will have a look at recommendations too.

Safety features targetted tackling Copymints

According to the opensea blog post, the company said. “We’re committed to threading the needle between removing copymints and giving space for those substantively additive remixes to prosper,”. OpenSea has also started expunging content that fail the test. And also plans to divide the removal process within the coming weeks.

Account verification on OpenSea is equally getting an update. An invite-only verification application are available to accounts with a set of a minimum of 100 ETH volume, and therefore the company says it plans to broaden eligibility soon. Collections can get a blue badge when owned by a verified account and meet the 100 ETH trading volume.

OpenSea has unrolled other safety features in recent months following reports of scams and fraudsters on or associated with the platform. In February, the firm stated a verified customer web, a response to scammers who were impersonating OpenSea employees and gaining access to people’s cryptocurrency wallets.

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