Tag: marketplace

OpenSea's Airdrop Fiasco: Can Strategic Incentives Save a Sinking Ship?

OpenSea's Airdrop Fiasco: Can Strategic Incentives Save a Sinking Ship?

The air is thick with hope, or maybe fear, about the community’s SEA token airdrop from OpenSea. Never mind the SEC eventually dropping their investigation, the real story is the unfolding civil war between users. Legacy costs vs. fresh participation – it’s a fight for the future of the platform....

OpenSea's Comeback: How They Regained the NFT Throne (Again)

OpenSea's Comeback: How They Regained the NFT Throne (Again)

The NFT marketplace landscape is a shifting battleground, with platforms continually jockeying for superiority. OpenSea, once the undisputed king, faced increasing competition and a shifting market. Recent moves suggest a significant resurgence. Token ATH! is going deep into the playbook that’s led to OpenSea’s return to success. They’re trying to...

OpenSea Solidifies NFT Lead Despite Market Slowdown

OpenSea Solidifies NFT Lead Despite Market Slowdown

OpenSea has returned to NFT marketplace dominance, in the face of an industry-wide decline in NFT sales volumes. And indeed, the platform has experienced unprecedented user growth and trading volume, sealing its fate as a market leader. The comeback comes on the heels of yet another highly hyped launch of...

NFTs: The Wild West Needs a Sheriff, Not a Gold Rush

NFTs: The Wild West Needs a Sheriff, Not a Gold Rush

We’ve all heard the siren song of the NFT craze. Digital art being sold for millions, instant fortunes, a democratization of art and finance! Sounds amazing, right? If we’re being honest, these days it’s more of a ghost town than a gold rush. Why? The NFT space is the Wild...

OpenSea Asks SEC to Exempt NFT Marketplaces from Securities Laws

OpenSea Asks SEC to Exempt NFT Marketplaces from Securities Laws

So have big players like OpenSea, the leading NFT marketplace. In addition, they recently made an official request to the U.S. Securities and Exchange Commission (SEC) to exempt NFT marketplaces from federal securities laws. The firm has been urging the SEC to issue detailed guidance on this matter. Their focus,...

OpenSea to SEC: Don't Regulate NFT Marketplaces as Exchanges

OpenSea to SEC: Don't Regulate NFT Marketplaces as Exchanges

This is why OpenSea, the largest NFT marketplace, recently implemented a ban. As such, they made an official request to the Securities and Exchange Commission (SEC) that NFT marketplaces not be regulated in the exact same way as normal securities exchanges or brokers. This request comes at a time of...

OpenSea Urges SEC to Exclude NFT Marketplaces From Exchange, Broker Definitions

OpenSea Urges SEC to Exclude NFT Marketplaces From Exchange, Broker Definitions

For their part, OpenSea has been at the forefront of the fight against SEC regulation. The corporation recently claimed that its own non-fungible token (NFT) marketplace doesn’t meet the definitions of an exchange or broker according to existing securities regulations. The company maintains that the regulatory framework designed for traditional...

OpenSea Urges SEC to Reconsider Broker Designation for NFT Marketplaces

OpenSea Urges SEC to Reconsider Broker Designation for NFT Marketplaces

OpenSea is fighting the notion that it would be subject to regulation as a broker under the Exchange Act. The company maintains that its non-fungible-token (NFT) marketplace does not need to be regulated like a traditional securities exchange. The company has gone to great lengths to make sure users know...