OpenSea, a popular NFT marketplace, has stopped its airdrop reward system following widespread user criticism of the new scoring mechanism. This decision came after launching a new version of the platform where users could earn points to qualify for receiving the native token, SEA. Devin Finzer, CEO and co-founder of OpenSea, announced the suspension of the incentive rewards for listing and bidding, shifting focus to a new scoring system. Users criticized this new mechanism as it led to frequent risk-free transactions. OpenSea had no break periods between trades and creators’ fees were zero, both being main reasons for the protests. Some traders reportedly paid over $20,000 in fees to OpenSea solely to earn points. Following these changes, the platform will now concentrate on rewarding the purchase and holding of NFTs.
