OpenSea Excludes Ethereum NFT Pass Amid Policy Violations

OpenSea, a frontrunner in the NFT marketplace, recently excised the Ethereum NFT pass linked to the Fractional Uprising initiative, pointing to a breach of its guidelines on securities and derivatives.



Decrypt has highlighted that the Fractional Uprising collective has contested this allegation, maintaining that their NFT does not serve as an offer of securities.



In a pointed response via a tweet, accompanied by a video snippet, Fractional Uprising aired their grievances over OpenSea's move to deactivate their collection. They observed that despite their project's ongoing presence on the platform, its trading and listing capabilities have been put on hold.The developer community has raised issues concerning OpenSea's opaque and inconsistent communication methods. Spokespersons for Fractional Uprising have lamented the lack of a


First found on: OpenSea Excludes Ethereum NFT Pass Amid Policy Violations - Coinatory