• nft revolution
  • blockchain&beyond
  • news
  • 12 Feb 25

OpenSea denies rumors of NFT airdrop with KYC

Rumors about a possible NFT airdrop from OpenSea caused a stir among the community.

  • 85
  • 0
  • 0

0

nft.eu
  • rating +20
  • subscribers 90

Rumors about a possible NFT airdrop from OpenSea caused a stir among the community. Messages began circulating online claiming that the marketplace planned to distribute tokens, but with strict requirements.

According to the published information, participation allegedly required completing a verification (KYC) process and complying with anti-money laundering (AML) standards. It was also stated that users from certain countries would not be able to participate due to OpenSea's ban on VPN use.

Allegedly an OpenSea post about airdrop. Source: @makisalpha
Allegedly an OpenSea post about airdrop. Source: @makisalpha

Users reacted negatively to the KYC requirement, noting that not everyone would be able to meet the criteria. However, OpenSea CEO Devin Finzer dismissed these rumors, calling them “completely false.”

On February 10, OpenSea officially stated that all information about a possible airdrop was inaccurate. In a post on X, the marketplace team urged users to trust only official sources. Finzer added that "there are many reasons to be excited" and that users will learn all the details first when the company is ready for the announcement.

When one user asked for clarification on which information was false, Finzer pointed to the section with the terms that had triggered criticism. Later, he explained that the website where the controversial information was posted was simply a “test page,” and the conditions presented there were a “template.”

Community Expectations

The rumors about the possible airdrop from OpenSea surfaced after it was revealed in December 2024 that the company had registered in the Cayman Islands. This sparked discussions among market participants, many of whom were hoping for rewards for their activity on the platform.

In January, OpenSea launched a closed beta version of its new platform, accessible only to holders of Gemesis NFTs — tokens distributed in 2023 after OpenSea acquired the Gem marketplace. Other users can only join a waiting list.

Reports suggest that the new version of OpenSea, OS2, includes a points (XP) accumulation system that can be earned by listing NFTs for sale, staking collections, and leaving reviews on the platform. It’s unclear what benefits XP accumulation will offer, but users speculate that it’s preparation for the release of an OpenSea token.

Possible Token Launch

In November, rumors began circulating that OpenSea was planning to launch its own token. The first to report this information was a user on X named Pluid. The community actively discussed potential signs of a token launch, but OpenSea has not made an official statement about this yet.

Given that other NFT projects, such as Magic Eden and Pudgy Penguins (PENGU), have taken similar steps, the possibility of OpenSea launching a token remains a real possibility.

Read Also: Doodles Founder Hints at Token Launch – Floor Price Rises by 70%

This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.

  • 85
  • 0
  • 0

0