OpenSea introduces verification features to crackdown NFT copymints
OpenSea, the oldest and largest global NFT marketplace, is on a mission to remove copymints and plagiarism risk from its platform by introducing a new two-part copy detection system. OpenSea will use image recognition technology and a human review system to verify new collections and remove existing or new NFT copymints from the marketplace.
As NFTs continue to grow in popularity, the risk for plagiarism is also increasing. OpenSea has been noticing many copymints on its marketplace. Just last year, it caught two NFT collections that copied the Bored Ape Yacht Club by mirroring the original NFTs.
Since OpenSea allows anyone to mint their NFTs without any restrictions as it aims to empower every small and emerging artist through its platform. However, many con artists are wrongly benefiting from this by creating fake NFTs or copymints of original collections.
Just recently, OpenSea tweeted about removing 80% of items for violations as they were lazily minted through its newly introduced free minting tool.
To cater to this surfacing problem, the marketplace released official blog posts where it announced a unique two-part copy detection feature to prevent copymints on its platform. OpenSea said it will introduce the latest features to maintain its authenticity and credibility as a global NFT marketplace.
The latest update will include:
- Account verification and badging system compulsory for every creator
- An automated system to remove fake NFT mints from the marketplace.
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Originally published at https://nftstudio24.com/opensea-verification/ on May 15, 2022