OpenSea NFT Gifting Feature Raises Concerns About Mislabeled Transactions #togrp7

NFTs—unique blockchain tokens that signify ownership of digital items—can now be sent directly to any wallet during the purchase process on OpenSea. This means traders can buy an NFT with Ethereum from one wallet, but deliver the NFT to another wallet in a single transaction. And on some third-party wallet trackers—trading apps that keep tabs on NFT purchases made by influencers and celebrities. While this might not be a concern for casual NFT traders, it could cause more serious traders who track celebrity and influencer buying activity to be misled into buying into certain collections.#togrp7

Leave a Reply

Your email address will not be published. Required fields are marked *