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Opensea plans to take action against fake NFTs


Great news, then, for the NFT ecosystem as OpenSea is finalizing plans to implement a system that’ll make it harder for fake and copy-mint NFTs to get listed on the world’s largest NFT marketplace. As part of its general plan to better verify its users, trained users and highly developed systems are being developed to aid the process.

The system being developed by OpenSea will work on two levels; first and foremost, the system will be able to identify fake creations after scanning all the NFT collections on OpenSea. Image recognition and a team of human reviewers will partner to help deliver the first stage of the process.

In the second step in the process, the system will match the suspected fake with the original piece whenever a suspected fake is identified. If the match returns higher on a non-unique portion, OpenSea will take relevant actions against the fake.
Opensea plans to take action against fake NFTs Opensea plans to take action against fake NFTs Reviewed by B_Yk on May 13, 2022 Rating: 5

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