OpenSea email over inactive NFT listings sparks Twitter debate

Twitter customers reacted negatively to an OpenSea electronic mail despatched to customers who nonetheless had inactive listings on their accounts. Within the electronic mail, OpenSea defined that outdated NFTs listings are nonetheless fulfillable, and ought to be canceled by the consumer as a result of OpenSea is unable to cancel them on their behalf. They claimed this may “stop any of your gadgets from being bought on the inactive itemizing value,” as a result of Ethereum’s (ETH) dropping value.

In accordance with the NFT collector @dingalingts and different customers, this warning had the other impact and canceling the itemizing ended up recreating the order. @Dingalingts tweeted a thread urging customers to “FIRST switch your NFT to a distinct deal with and cancel the itemizing/s on the unique deal with BEFORE” canceling them.

1/ WARNING: DO NOT CANCEL YOUR OS LISTINGS AS STATED IN THE EMAIL THAT OPENSEA JUST SENT OUT

Please FIRST switch your NFT to a distinct deal with and cancel the itemizing/s on the unique deal with BEFORE sending it again

OS simply put everybody at much more danger than earlier than

— dingaling (@dingalingts) January 27, 2022

He cites one other consumer @swolfchan.eth who claimed that he misplaced no less than 15 ETH. After canceling a Mutant Ape Yacht Membership itemizing, it was relisted for six ETH however somebody ready within the ETH mempool ended up promoting the NFT in the identical block by front-running the cancellation.

So i received two emails as we speak from @opensea about listings, and misplaced 15 ETH+ from precisely what their making an attempt to forestall…

I used to be advised to please act urgently to cancel any inactive listings… cancelled a 15 ETH MAYC @BoredApeYC and it triggered a 6 ETH itemizing… and bought?? pic.twitter.com/1wt21mt9mz

— swolfchan.eth (@swolfchan) January 27, 2022

Whereas some customers like @roundcatcrypto commented to @swolfchan.eth “This one’s on you man. Do not play with firm since you have been making an attempt to avoid wasting a pair bucks,” others rallied in assist of him and @dingalingts.

Alex Attalah, co-founder of OpenSea, responded to @swolfchan.eth’s thread, tweeting that they “have a workforce engaged on it and placing up a countermeasure now.” @swolfchan.eth adopted up and requested if he may anticipate a reimbursement, however acquired no response.