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A website allegedly linked to the OpenSea Foundation circulated on X platform Monday, sparking rumors of a potential coin AirDrop. The NFT platform OpenSea swiftly denied claims that users would be subjected to Know Your Customer (KYC) requirements for a coin AirDrop. OpenSea management characterized these rumors as “false,” asserting that there are no such obligations on the agenda.
OpenSea CEO’s Statement: Rumors Are False
The website in question included terms of use that suggested a full KYC requirement, provoking significant backlash from the community. Users claimed that conditions such as age verification and bans on VPN usage in certain countries could be prerequisites for the coin AirDrop.
In response, OpenSea’s CEO Devin Finzer firmly denied the allegations regarding any KYC requirement. Finzer clarified through a statement on X that the website was a test site belonging to the OpenSea Foundation, but the information presented was not accurate.
Finzer stated, “Some general statements were present on this site for testing purposes temporarily. However, these texts did not reflect actual terms and policies.” The statement also emphasized that OpenSea has not officially confirmed any plans for a coin AirDrop.
Point System Fuels Coin AirDrop Speculations
OpenSea’s recently launched point system has heightened speculation about a potential coin AirDrop. Last month, OpenSea introduced the OpenSea 2.0 (OS2) platform, implementing an experience points (XP) system to promote user engagement.
There is speculation that this point system could be linked to a potential coin AirDrop to reward loyal users. However, OpenSea management has not yet clarified the definitive purpose of this point system. While users are encouraged to be more active on the platform to accumulate XP, it remains uncertain whether these points will eventually translate into coin rewards.
OpenSea’s lack of a coin release has only fueled further rumors. The community suggests that the point system may serve as a preparatory stage for increasing the platform’s user base. Nevertheless, official sources from OpenSea currently assert there are no plans for a coin release.
