If you know, then you know.
If you don’t…..then don’t worry.
Let us tell you why instead of OpenSea you should choose NFTICALLY to launch your own NFT Store or MarketPlace.
Piracy? Counterfeiting?…Welcome to OpenSea
Yes, you heard it right. The platform has always been in a difficult position. Its meteoric expansion has brought in more income, relationships with digital titans like Twitter, and capital, but it has also brought a slew of issues as the firm tries to stay up with evolving security events and countless fake NFTs. If OpenSea does address those flaws, it may face a scathing response from cryptocurrency hardliners, which has already resulted in the development of a competing NFT marketplace ostensibly aimed to steal its clients.
Digital artists, who regard the emergence of NFTs as something godsend, believe that OpenSea does not go far enough in preventing copying and unethical conduct. @NFTTheft, a Twitter account dedicated to uncovering plagiarism on OpenSea and other NFT businesses, is venges on the topic. “When I first heard the name ‘OpenSea,’ I assumed it was founded on piracy,” they said, desiring anonymity to avoid persecution from plagiarists. “This is currently the primary location for piracy.”
The Situation of Fake NFTs
On January 26, OpenSea attempted to reduce the number of counterfeit NFTs on the platform. It declared the end of free, limitless minting. Every user was now confined to five collections, holding no more than 50 NFTs. The verdict was changed within 24 hours due to public outrage. In a backpedalling Twitter thread, OpenSea claimed that more than 80% of NFTs created in this manner contained “plagiarised works, fraudulent collections, and spam.” Another PR disaster the next day— Users on OpenSea began to claim that bots were on the search for an obsolete listing method that would allow anyone to buy NFTs at below-market pricing.
Poor Attention to Detail
OpenSea’s commitment to quality does not appear to augment security, which is perhaps the most important aspect of the platform. In December 2021, the firm recruited the first-ever chief security officer. Previously, vice president for engineering Dan Roelker, who worked for DARPA’s cyberwarfare programme from 2011 to 2014, according to his LinkedIn page, was in charge of the platform’s security. In August 2021, Roelker joined the firm. Dawson claims that no one in specific was in charge of security while he worked at OpenSea in 2020. Speaking anonymously to avoid damaging possible business partnerships with OpenSea, a cryptocurrency specialist with an understanding of the company’s operations characterised OpenSea’s approach to cybersecurity as “years behind what needs to be done.” They attribute the platform’s inability to control NFT infringement to OpenSea’s choice to make NFT minting free and open for everyone.
NFT Heist: OpenSea
A wave of digital theft had ravaged the OpenSea user community, with alleged fraudsters fleeing with $1.7 million in assets. It is still unclear how the scammers were able to withdraw the NFTs from the original owners’ wallets, but the generics mention such to be a product of a gigantic phishing heist. The incident happened on Feb 20, 2022.
5 Reasons why you should choose NFTICALLY
We could have listed more. But we thought, why not stick to the generic number 5.
These are the 5 reasons why you should and must conduct all your NFT interactions with NFTICALLY.
- NFTICALLY lets you create your own OpenSea!
Yes…you read it right. We let you create your own personal Marketplace instead of just letting you add another NFT vendor account in our name. The more you upgrade your plan, the greater are the customization options for your Store. List your own NFTs. Let others come and list their NFTs on your store and earn revenue from them. Earn from secondary sales, the opportunities are endless
- A quick and responsive team, that actually cares for you.
We proudly claim ourselves as one of the most customer-centric NFT SaaS platforms that have ever been made. Don’t think of us as an organization. Think of us as your friend. And just like you give a call or text to your friends for help, give a call or mail us too. Our technical experts are available for your support 24/7.
- The easiest platform to create your NFT Store.
Yes, we verified it. It exactly takes 5.67 minutes to create a store and mint an NFT with NFTICALLY. Don’t believe us? Check for yourself! Create your store here.
- We have a dedicated knowledge platform
Our knowledge platform, NFTICALLY Academy, lets free access to expert NFT, Blockchain, and Web3 related guidances to everyone who wishes to ace their NFT game. 100+ videos, webinar recordings, presentations, categorized according to your level of understanding.
Enrol at NFTICALLY Academy today! Click here.
- Tons of features, customizations and usability
Yes…literally tons of them! We believe in providing our dear community with full-fledged customization and convenience. Here’s a list of some of our newly added features-
- Moonpay integration for NFT purchase
- Madmimi, Mailchimp integration
- Cronos Blockchain Support
- EIP-2981: NFT Royalty Standard added to ERC721, ERC1155
- Any ERC20 token as payment options. (Yes…any you can think of).
- Bulk NFT Airdrop availability for all 4 blockchains along with cross-blockchain support.
- Easy store subscription & billing directly via Stripe
- Diverse types of wallet integration. (Metamask, Fortmatic, Walletconnect, Coinbase)
- Storefront customization options. (from custom categories to custom icons, store section hide/unhide, marketplace homepage setup, etc.)
- Waitlist feature. (you even don’t have to track. We do it for you)
- Advanced Store Security.
And many more….
Backed up by some of the biggest investors and leaders in the industry, NFTICALLY is the world’s first B2B SaaS that lets enterprises and individuals create their own White Label NFT marketplaces without any technical knowledge. You may think of us as the “Shopify of Metaverse”. 3000+ Stores, 15k+ Happy Buyers and sellers, and over $1M of NFT transactions, our community is growing faster than ever.
Join us and set up your own NFT store. Flaunt your NFTs to the worldwide NFT community.
NFTICALLY feels delighted to partner with THIZZ.tv, a leading afro-centric OTT and social media platform, to launch Thizztv NFT Marketplace, their exclusive Whitelabel NFT Marketplace. With the help of this exclusive NFT Marketplace, Thizztv will…
NFTICALLY, which runs a global NFT marketplace and offers a Web3 e-commerce SaaS platform for launching white-label NFT stores, has raised $1 million in a funding round led by Spartan Group, as the company continues…
- NFTICALLY partners with Thizz.tv to launch an exclusive NFT Marketplace
- NFTICALLY Raises $1 Million to Bring Brands, Creators, Ecommerce into Metaverse
- NFTICALLY teams up with MNFTM to launch Black-owned white-label NFT Store
- NFTICALLY Partners with Dragon Gateway to Create Promising Virtual Gallery
- NFTICALLY, SmartR team up for NFT auction at Asian Television Awards
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