OpenSea Withdrew "NFT Creators Can Only Create Up to 5 NFT Series" Decision

TokenInsight news, OpenSea has announced that it is withdrawing its decision to "only allow a single wallet or user to create up to 5 NFT collections". It said the decision was initially made because it recently saw that over 80% of items created using the tool were plagiarized works, fake collections and spam. In addition to withdrawing the decision, OpenSea is working on a variety of solutions to ensure support for creators while discouraging bad actors, and has promised to release a preview program to gather community feedback before launching the new solution.


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