The OpenSea CEO revealed that a testing website attracted attention but held false terms and requirements. After dismissing rumors of an NFT airdrop OpenSea warns the community about fake sources because its information was incorrect and only official channels should be trusted.
Customers from the NFT world found an OpenSea test website that contained air drop terms on Feb. 10. The system would grant OpenSea rewards based on user qualification standards according to X posts.
The program required participants from certain countries to go through Know Your Customer (KYC) and Anti-Money Laundering (AML) checks because VPN ban restrictions excluded them from qualified areas.
OpenSea CEO Refutes Claims
The community strongly disapproved of reports that OpenSea needed KYC verification when many people could not meet these standards. Devin Finzer responded as OpenSea CEO to state all details in the post are full of errors.
The OpenSea Foundation announces on X that numerous claimed news are inaccurate plus urges people to keep relying on official platform details. Finzer stated there would be exciting news available soon and pledged to share all details. Two days later he would explain it to them himself when ready.
https://twitter.com/openseafdn/status/1888972001886249363
Finzer directed the community member toward reading the terms and conditions which opponents criticized. Although the leader denied all reports as untrue he later admitted on X that the website served as a testing ground showing generic terms instead of the official document.
disappointed to see false rumors spreading
please only trust updates from official accounts, @opensea and @openseafdn
there's a lot to be excited about but we'll share when we're ready. and you'll hear it from us first https://t.co/0N1ZgfuHus
— dfinzer.eth | opensea (@dfinzer) February 10, 2025
The OpenSea Foundation stated on X that all reports were false and recommended users to seek accurate data from their official platforms only. Finzer agreed that there was much to look forward to and promised full details once they were available. He promised to deliver news about it before anyone else could.
After the community asked about the false rumors Finzer used the Terms of Service document to respond. The executive admitted on X that a testing site contained incomplete and non-authoritative terms which he labeled as boilerplate content.
