Post
Topic
Board Marketplace (Altcoins)
Topic OP
What do we think of the marketplace NFT price jump debacle? (opensea+BAYC)
by
Ideainvest01
on 25/01/2022, 23:03:51 UTC
So I was reading this article on BAYC and Opensea https://nftandgamefi.com/2022/01/25/opensea-bored-apes-nfts-go-bananas/ and it got me thinking. Why on earth do these exploits still exist since this is definitely not a good sign for the NFT space. NFTs that people invest in evaporate in split seconds. Knowing how dedicated, for some reason, the BAYC community is, for some, this is like losing life savings. So it's critical, and Opensea has nothing to comment re this.

I am not an NFT purveyor btw, but this is a bit of a pain. this whole case and how NFTs get snatched. Is it due to the centralized nature of the marketplaces? Then, do decentralized places serve as a solution?