OpenSea Criticized For Shadowbanning Kemonokaki NFT

OpenSea Criticized For Shadowbanning Kemonokaki NFT – Its NFT Sales Soar 300%

Updated: 24 June 2024

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OpenSea, one the world’s first and largest web3 market platforms for non-fungible token collection and crypto collectibles, has received massive criticism from the NFT community on X earlier today after shadowbanning the Kemonokaki on its ten most-trading NFT dashboard.

OpenSea Faces Massive Backlash On X

On June 24, 2024, the crypto and non-fungible token communities on X (formerly Twitter) shot their bullet to OpenSea for shadowbanning the now most-hyped Kemonokaki NFT on its ten most-trending NFT collection dashboard. This crypto discussion has already attracted more than 50.2K tweets on X.

It appears @opensea has shadowbanned kemonokaki on trending despite the volume clearly being higher than anything else minting. This is deeply disturbing. pic.twitter.com/TkoTFBJxVe

— 🌙𝚐𝚘𝚘𝚗𝚋𝚎𝚊𝚖 (@goonbeam_) June 24, 2024

Launched in December 2017, OpenSea is an American market platform for non-fungible tokens headquartered in New York City. OpenSea offers an on-chain marketplace allowing non-fungible token collections to be sold directly at fixed prices or through auctions.

OpenSea NFT marketplace is a non-custodial market platform, allowing users complete control and access to their cryptocurrency wallets. Users interact directly with each other to buy or sell NFTs individually or in bundles. The NFT marketplace also allows creators and artists to create NFTs.

The NFT marketplace has rapidly grown in popularity and volume over the years to become one of the top five digital market platforms in the NFT ecosystem. OpenSea now offers cross-blockchain compatibility across the Ethereum, Polygon, Klaytn, Solana, Arbitrum, Optimism, Avalanche, BNB, Zora, Base, Blast, and Sei blockchains.

Kemonokaki – Why Is This NFT Trending?

Launched mid-this month, Kemonokaki is a new non-fungible token collection featuring a limited edition of 6,351 hand-drawn PFP collections inspired by kemonomimi and neo-chibi aesthetics. Kemonokaki is one of the first NFT collections to launch on Base Layer 2 Network.

Kemonokaki has already received a warm reception among the NFT collectors, and it is now one of the biggest NFT movers. Unfortunately, it appears that kemonokaki has been shadowbanned on trending despite the volume clearly being higher than anything else minting. This action has emerged as an alarming thing among many collectors on X.

It appears @opensea has shadowbanned kemonokaki on trending despite the volume clearly being higher than anything else minting. This is deeply disturbing. pic.twitter.com/xJAc92wSh3

— gggeeee (@gggeeee01) June 24, 2024

Data compiled by DappRadar, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the new Kemonokaki has skyrocketed in sales volume and traction. In the past 24 hours, the NFT collection has raised more than $30.33K, representing a 397% surge from the past day.