Devin Finzer, co-founder and CEO of NFT trading platform OpenSea, said the platform will redouble its efforts to combat fraud and plagiarism.
According to statement Devin Finzer on the OpenSea blog, simply banning fraud, intellectual property (IP) theft, and plagiarism “on our scale, a comprehensive policy is not enough.”
He added that so far, the platform has only built systems to combat most of the prohibited activities, such as infrastructure to prevent unauthorized copying and scanning of images, as well as an improved search function that allows the user to find genuine content.
That didn’t help, according to Finzer – scams and hacks continue to thrive in the OpenSea ecosystem. Therefore, the platform will launch automatic hiding of suspicious NFT transactions to reduce their visibility on individual profile pages.
Finzer said the site has begun working with key image discovery model holders for auto-deletion, and that work will be “extremely” expanded in the coming months.
“With new technologies and their rapid adoption, new challenges arise. We recognize that as leaders we have a responsibility to play a huge and proactive role in addressing these challenges,” Finzer wrote.
The head of OpenSea also announced the creation of a group of moderators and the addition of methods to automatically detect problems with copyrights and other fraudulent schemes.
At the beginning of the year, the hosts of the Bankless podcast said that by blocking stolen NFTs, the OpenSea marketplace was not protecting users, but encouraging hackers.
Source: Bits
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