As most of us know, NFTs, which mean the digital certification of assets on the internet by being processed into the blockchain, reach 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 suspended operations
The marketplace where Twitter founder Jack Dorsey sold his first tweet as NFT for $2.9 million last year Cent announced that some NFTs on the platform are fake and plagiarized, and the sale of these tokens is rapidly becoming widespread. After that, it was stated that the transactions on the platform were temporarily suspended.
CEO Cameron Hejazi also stated 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 emphasized that his platform may soon start using ‘central control’ systems to fight such crimes and reopen transactions
Finally, NFT copies created by plagiarism Stating that the sale of the company caused this decision, Hejazi added that not every transaction on Cent has been stopped. When asked which transactions did not stop, it was stated that NFTs, such as tweets, that allow NFTs to be sold and called ‘value products’, continue to trade.
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