OpenSea has one million active user

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zihadhosenjm50
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Joined: Sat Dec 21, 2024 6:27 am

OpenSea has one million active user

Post by zihadhosenjm50 »

OpenSea has one million active user wallets. Not all of these are for creators but it still provides an idea of the size and magnitude of the platform. As a creator your NFTs are sold in the marketplace alongside everyone else.

It can be nearly impossible to find a new, unknown creator on OpenSea buy albania cell phone number list of the sheer amount of other NFTs. With the current NFT gold rush and bubble thousands of projects are flooding into the market every day.

– Security Breaches & Theft
Crypto in general is ripe with scams, rugpulls and a wide array of other fraudulent behavior. It’s a very risky place.

NFTs exist within the crypto ecosystem so they’re no exception. The NFT space at large has seen countless issues in the last couple of years. OpenSea has its place in the mess.

As far back as September 2021 there have been people reporting issues with OpenSea security. One report even states users could “upload an .SVG file containing a malicious payload, which would execute under the OpenSea storage subdomain.” Yikes.

More recently, 1.7M worth of NFTs were heisted from the platform. OpenSea has even been named in a lawsuit involving one of the popular and valuable Bored Ape NFTs.

The only safe thing to say is that OpenSea has some potential security issues.
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