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Home»ETHEREUM NEWS»OpenSea has delisted the game’s NFTs. Then the producers took revenge.
ETHEREUM NEWS

OpenSea has delisted the game’s NFTs. Then the producers took revenge.

By Crypto FlexsFebruary 26, 20245 Mins Read
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OpenSea has delisted the game’s NFTs.  Then the producers took revenge.
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reference to NFT Marketplace may not be noticeable in games like: When everyone can participate. After all, battle royale shooters like Fortnite are full of colorful cryptocurrency memes, including a Pepe-themed amusement park. bored monkey and lady Avatar walking around.

But considering the “tribute” in question is the remains of a burning ship next to a dock marked “OpenSea,” and considering the game’s title, it’s bound to attract attention. And it’s personal too.

Burning doll first shared on OpenSea via twitter This month, it’s game developer Fractional Uising Studios’ winking response to enforcement actions taken by NFT marketplaces. OpenSea delisted the studio. Ethereum NFT Pass providing access to games and other benefits, including in-game items and potential tokens airdrop compensation.

“We already had plans to add OpenSea lore to the game,” said anonymous co-founder Krypticrooks. detoxification GG. But after OpenSea took action, plans changed. It will still be a boat at the dock, but it will no longer be floating on calm seas.

“After the delisting, (co-founder) Spoobs decided it was time to light a fire near the docks with a hint that it was the work of the FU Studios team,” he said. “It’s very blatant and lightly stinging.”

factional uprising Tweeted a short video clip Earlier this month it was claimed that OpenSea had “falsely disabled our collections”. decryption We reviewed the team’s email interaction with an OpenSea customer service representative, who informed the studio that the collection had been removed. while you still can View the project via OpenSeaNFTs cannot be listed or traded.

An OpenSea representative confirmed: decryption That the project was delisted for violating applicable regulations Terms of Service. The representative pointed to a section of the Terms that included language prohibiting “using the Service to conduct any financial activity” involving the “creation, offering, sale or purchase of securities, commodities, options or debt instruments.”

OpenSeason’s in-game OpenSea “Legend”. Image: Fountain Uprising Studios

“As stated in our Terms of Service, any party attempting to conduct financial product offerings on OpenSea is in direct violation of our company policies and will be subject to enforcement action, including delisting and, in some cases, account bans.” An OpenSea representative said: decryption.

Similar language was shared when the Fractional Uising team inquired about delisting. They responded, “We have never proposed, and have no plans to propose, any kind of securities offering.”

OpenSea’s customer service representative responded, “We cannot change this decision.”

Studio founders were upset by the lack of transparency. OpenSea’s form letter response to the team did not include specific details, but the developer does not believe the project description offered incentives or promises of financial benefits that are inconsistent with other NFT projects. The inability to appeal was particularly frustrating for them.

“You’re basically just shutting down and having no say,” Krypticrooks said. “They are a private company. I think they can do whatever they want, but they deserve a reputation that precedes them. ‘You’re not doing much.’web3,’ I think.”

OpenSea declined to comment further. decryption It goes beyond confirming the delisting and stated reasons. But complaints that OpenSea is “more enterprise” or “less Web3” than competing platforms are not new among traders. In particular, OpenSea has raised venture capital funding and Calls that are consistently ignored We launch our own crypto tokens to benefit users and share governance.

But about a year ago, rival Blur It quickly overtook OpenSea. When providing BLUR token rewards. OpenSea is still a big name, but there are currently more popular projects in terms of trading volume. This means that delisting from OpenSea is no longer the kiss of death it was for the project in 2021 or 2022.

The delisting doesn’t or shouldn’t be explained, but OpenSeason creators have mocked the market in the past. The game’s name was once coined as a mix of the big game of NFTs and the ‘open season’ concept of the hunt, they said.

Moreover, previously the team Shared a fake ceasefire letter In July 2023, OpenSea’s lawyers allegedly used a marketing ploy to pretend that the market was taking action against similar brands. The founders claim that some OpenSea employees at the time contacted them saying it was a funny gag.

Anyway, Fractional Rising is happening without OpenSea. NFT passes are still listed on other marketplaces through Blur, with OpenSeason just days away from its debut. The PC game will be released in early access. Via the Epic Games Store On February 29th, NFTs served as tickets to the battle royale showdown.

Based on trailers and early gameplay footage streamed on Twitter, OpenSeason looks like a much more cartoony riff on Fortnite’s survival-based shooter gameplay. “Island of Jpeg” contains encrypted memes and avatars. Cryptopunk, Bored Monkey, and more. The team said it plans to compile hundreds of cryptocurrency references over time.

OpenSeason will also be launching a competitive mode where players will be able to find and redeem in-game “bins,” similar to the point systems in other cryptocurrency apps and protocols. Not only can you use it to power up your character or participate in matches, but you can also exchange it for tokens called FUmoney, which the studio has planned.

Although Krypticrooks views OpenSea as a “thug,” he acknowledged that the run-in has given the game additional “lore” to leverage as Fractional Uising builds on OpenSeason’s curious cryptocurrency battle. And Spoobs said there is still one potential way for OpenSea to mend fences.

“If they airdrop, we will forgive them,” he said.

Editor Guillermo Jimenez

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