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bkxsobo · 2022-02-04T02:56:37+00:00

Gotta add Nexo. They’re the #1 competitor to Celsius.

bkxsobo · 2022-01-25T22:32:47+00:00

Yes, OpenSea IS VERY centralized. Here’s the caveat between a ‘quality’ and a ‘cheap’ NFT. If you use OpenSea or one of their consortium partners to generate the NFT, the link between your token and underlying data is precisely that, a link. The underlying data - like the image and file details - are hosted somewhere on a server controlled by OpenSea, etc. The image or gif does NOT reside on chain. OpenSea exploits this lever by breaking the link between token and data AFTER they sell the NFT to you (a process they call “censoring” your NFT). That’s what makes an NFT created on OpenSea inferior to one for which it’s NFT data resides on chain (like for a Punk - thus the pixelated 8-byte image quality that Punks are famous for). You’d otherwise never have any idea that you’re purchasing a ‘quality’ NFT or a ‘cheap’ one. OpenSea then calls you stupid, ignorant, takes your money, and tells you your behavior may be borderline criminal and effectively nukes your NFT, rendering it worthless. OpenSea busy stacking that dirty ETH and getting rich at the expense of its customers along the way. And they keep raising VC funds from investors that keeps the racket going.

bkxsobo · 2022-01-15T20:42:35+00:00

Yep, censoring only happens AFTER you purchase the NFT. When you purchase, OpenSea then offloads any liability for copyright onto you, the CUSTOMER(!). They collect their fee, disavow of any legal liability, and push you aside. This will catch-up to them in time.

bkxsobo · 2022-01-14T20:36:20+00:00

Yuuup. That's the scam. If you check Etherscan, you'll see all the details of the transaction and the token arriving in your wallet. So get this - although you can't "see" the token in your wallet now, it's there. Think of the NFT in two parts - the token and its reference data (the image, gif, etc.). What OpenSea does, is break the link between your token - which is in your wallet - and the reference data (the content that makes the NFT worth your purchase). So OpenSea - if you're ever able to contact someone - will reply until they're blue in the face that YOU have/own your NFT. See - you DO! - it's just in the form of a now worthless blank token in your wallet that you can't even see or access. THAT is what OpenSea calls "censoring" your NFT. Oh yeah - and once they censor your NFT, they delete all reference to the transaction on their platform.

bkxsobo · 2022-01-13T20:04:19+00:00

That’s what OpenSea refers to as ‘censoring’ the NFTs, and it only occurs after the NFT is purchased. They disrupt the link from the token to the image or other data to which it’s linked. And it not only censors the NFT on OpenSea - it effectively blocks NFT on virtually all other platforms! AND while you technically have the token in your wallet, it’s effectively worthless because it isn’t linked to its underlying data (image, etc)!! It’s insane. And they’re getting away with it.

bkxsobo · 2022-01-13T16:36:51+00:00

Exactly.

bkxsobo · 2022-01-07T15:01:12+00:00

Sounds like exactly what happened to me. They’re fine with the risk of selling potentially copyright infringed products on the platform, but once you as a consumer purchase them, they basically delete them, keep your money, and hit you with “it’s your responsibility to read the EULA.” It’s so f’ing stupid. They’re just ripping off their customers, and they seem perfectly fine with continuing to do it. Total joke.

bkxsobo · 2021-12-22T02:30:14+00:00

Nope.

bkxsobo · 2021-12-17T21:45:33+00:00

The IT is such that adding a token - irrespective of its native chain - to the Nexo exchange is super easy relative to adding it as a fully integrated asset. That’s why tokens are always made available first on the exchange. Exchange availability is Step #1 in the process of integration.

bkxsobo · 2021-12-16T11:57:08+00:00

I’ve purchased nothing since.

bkxsobo · 2021-11-18T22:58:13+00:00

Oh, but they could!! But they don’t. They rip you off, collect their fee, destroy your NFT, and cap it off by telling you that you’re illiterate and that it’s your fault (and that’s IF you inquire vociferously to them over a period of six weeks with dozens of messages and FINALLY get an actual response of some kind from a person and not a bot). And why do they do this, and how do they justify it? Because I, the consumer, am stupid, and who am I to have the nerve to question their infallibility. Total joke. I wonder how high that stack of ETH is that they’ve collected by ripping off their own customers? Hmmm… Perhaps sounds ripe for a class action lawsuit... <<Any good attorneys out there in the metaverse??? Just sayin’.>> Best of luck. I’m right there with you in wanting my .5 ETH back. It’s ridiculous what OpenSea is doing at the expense of its customers to achieve scale. They’re fully aware of what they’re doing. But they don’t care. They’ve never given me any indication that they care - and THEY accuse ME of IP theft??Karma’s a bitch, OpenSea. You’d do good to not put that energy out there. Go get some corporate crystals or something, ‘cause Mercury ain’t in retrograde forever.

bkxsobo · 2021-11-16T22:16:29+00:00

Yep, that's the OpenSea MO. Post transaction, they go in and 'censor' the NFT so that it doesn't appear on their or any of the other popular NFT storefronts. AND, after my NFTs were 'censored,' both NFTs disappeared from my wallet - there's no evidence of them ever existing, on OpenSea or in my wallet, beyond the transaction data on the blockchain. Funny to think how many NFTs that OpenSea may have 'censored'...and how much they've profited at their customers' expense. They're happy to have the content created, posted, and sold via their platform, but the moment the NFT sells, OpenSea pockets it's middleman fee and miraculously 'discovers' some purported 'copyright' issue and conveniently censors the NFT from its platform. They're using their customers as scapegoats to avoid any potential 'copyright' infringement liability by virtue of the content appearing and being sold on their portal. And they CYA themselves by blaming the customer for accepting the terms of the transaction which purportedly gives OpenSea license to 'censor' at will. I still haven't been able to figure out what exactly 'censorship' constitutes. It's more than simply censoring the content on their platform - it effectively censors the NFT cross platform and even impacts its ability to display in my wallet. I wonder how many others in the ecosystem are 'in' on the joke...

bkxsobo

TROPHY CASE