OpenSea, a website where people buy and sell special digital pictures called NFTs, tried a new reward system. They gave points for buying and selling, hoping to give away their own special digital money (tokens) later. But people complained!
- Many said the system was unfair. It encouraged people to quickly buy and sell the same NFTs over and over (wash trading).
- This didn't help artists or people who create NFTs.
- OpenSea listened to the complaints and changed the system.
- Now, they're giving more points to people who buy NFTs and hold onto them.
| What happened | Details |
|---|---|
| OpenSea's new reward system | Gave points for buying and selling NFTs. |
| Community reaction | Lots of complaints about unfairness. |
| OpenSea's response | Paused the old system, changed to reward buying and holding. |
