Concerns Raised on Labeling of Transactions Due to the Opensea NFT Gifting Feature
The new “gifting” function on the top NFT marketplace OpenSea is producing uncertainty about mislabeled transactions, which predatory NFT traders may have the opportunity to take advantage of. During the purchase process on OpenSea, NFTs, which are unique blockchain tokens that denote ownership of digital things, can now be transmitted directly to any wallet. This … Read more