OpenSea has dismissed speculation about a non-fungible token (NFT) airdrop, stating that the rumors are entirely false.
The company urged users to rely only on its official channels for accurate information.
The rumors started on February 10 when members of the NFT community spotted an OpenSea webpage mentioning terms and conditions for an airdrop.
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Some users on X claimed the platform would require participants to meet specific requirements to qualify for rewards. These included Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, along with restrictions on virtual private networks (VPNs) in certain countries.
The speculation sparked frustration, with many users criticizing the possible KYC requirement. However, Devin Finzer, the CEO of OpenSea, responded on X, calling the claims “completely false”.
The OpenSea Foundation also posted a statement confirming that the rumors were untrue, emphasizing that users should only trust official sources.
Finzer reassured the community that there was “a lot to be excited about” and that any real announcements would come directly from OpenSea.
When asked to clarify which details were incorrect, Finzer pointed to the terms and conditions that had caused concern. He later explained that the page in question was a “test website” and that the information was just placeholder text, not actual terms for any airdrop.
Recently, Phantom Wallet denied rumors of a token launch linked to its new social discovery feature. What did the company say? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
