Popular NFT Platform Stops Selling Cent

NFT platform Cent, whose first tweet by Jack Dorsey sold for $ 2.9 million, announced that it has temporarily stopped its operations. The reason for this decision was the increase in fake and plagiarized NFT sales on the platform.

As most of us know, it means the digital certification of assets on the internet by processing them into the blockchain. NFTs reaching more and more people every day. In the news we shared with you before, we conveyed that many giant companies from the food industry to the music industry have increased their investments in this regard.

However, NFTs can cause some negative situations such as fraud and forgery. NFT marketplaces are also one of the places where such news emerges. In the past weeks, we shared with you that OpenSea, the world’s largest NFT market, announced that more than 80% of the NFTs on the platform are fake. Now, another giant NFT platform has announced that it has suspended its sales.

NFT market named Cent suspends its operations

Last year, Twitter co-founder Jack Dorsey’s first tweet. $2.9 million market place where it sells as NFT centssome of the NFTs available on the platform fake and plagiarized He explained that the sale of these tokens is spreading rapidly. After that, the transactions taking place on the platform are temporarily suspended. has been stopped expressed.

CEO Cameron Hejazi also noted in his statements on Friday that trading on the platform was stopped on February 6th. Pointing out that such problems may be the biggest problem of Web 3.0, the CEO said that his platform will soon be ready to fight such crimes and reopen transactions.central control‘ stressed that he could start using the systems

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Stating that the sale of NFT copies, which were created by plagiarism, caused this decision, Hejazi added that not every transaction on Cent was stopped. When asked which transactions did not stop, he replied, ‘NFTs such as tweets that sell NFTs and ‘valuable productsIt was stated that the trading operations of the NFTs, called ‘, continue.

Source :
https://www.engadget.com/cents-suspends-nft-trading-232134673.html?src=rss


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