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Later that month, OpenSea reimbursed users about $1.8 million after a user interface bug allowed users to buy more than $1 million worth of NFTs at a discount. [17] [18] On January 27, 2022, OpenSea announced it would limit how many NFTs a user could create using the free minting tool. [19] The following day, OpenSea reversed the decision. [20]
In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion. [12] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [2]
Non-fungible token. A non-fungible token (NFT) is a unique digital identifier that is recorded on a blockchain and is used to certify ownership and authenticity. It cannot be copied, substituted, or subdivided. [1] The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded.
OpenSea is sunsetting mandatory royalty fees because it said there wasn't enough buy-in from the 'Web3 ecosystem.' For artists to earn better compensation from NFTs, there needs to be more trust ...
OpenSeaMap is a software project collecting freely usable nautical information and geospatial data to create a worldwide nautical chart. This chart is available on the OpenSeaMap website, and can also be downloaded for use as an electronic chart for offline applications. [1] The project is part of OpenStreetMap.
This is a list of notable musical artists associated with the music genre and/or subculture of emo.. Emo is a style of rock music characterized by melodic musicianship and expressive, often confessional lyrics.
Visa Inc. (/ ˈviːzə, ˈviːsə /) is an American multinational payment card services corporation headquartered in San Francisco, California. [1][4] It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. [5]
Wallets. Bitcoin wallets were the first cryptocurrency wallets, enabling users to store the information necessary to transact bitcoins. [87][8]: ch. 1, glossary The first wallet program, simply named Bitcoin, and sometimes referred to as the Satoshi client, was released in 2009 by Nakamoto as open-source software. [7]