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Gungun Bhatia
Oct 1, 2022

OpenSea Backlisted All Market Orders For NFT Initiative Azuki

OpenSea Azuki
OpenSea has accidentally delisted all market orders related to the NFT project Azuki, citing an "error in their Trust and Safety flagging system." However, the OpenSea team has resolved the problem, and transactions with Azuki NFT are currently proceeding normally.

OpenSea Briefly Terminated Market Orders of Azuki

On September 30, OpenSea terminated all market orders for the NFT Azuki initiative. The official team of Azuki stated that they had communicated with the NFT trading platform regarding the delisting email that had been issued to the owner of Azuki. The product manager, Demna, and the official Azuki Twitter handle kept the public informed.

Demna referred to the problem as a technical glitch on OpenSea, and the NFT marketplace stated its own on Friday morning, announcing an error in their Trust & Safety flagging mechanism, "briefly delisting" Azuki NFTs from the site.

Bored Ape Yacht Club Experienced Similar Issue

The Bored Ape Yacht Club (BAYC) NFT collection also encountered an identical problem in June when OpenSea temporarily removed some of the BAYC collection. Generally, this is not a complex or new problem, but its implications might be significant. Fortunately for Azuki, the floor price remained virtually unchanged both before and after the delisting debacle on Friday, falling from slightly above 10ETH to just below 10ETH and presently resting at 9.97ETH at the time of posting.

OpenSea NFT Marketplace Adds Optimism Support

On September 27, OpenSea announced the expansion of its service to include digital goods produced on Optimism in a blog post. The partnership followed the announcement by OpenSea that it would support Arbitrum, another Ethereum scaler. When announcing its collaboration with Optimism, OpenSea noted the integration of well-known Optimism-backea severald businesses, including Apetimism, Bored Town, MotorHeadz, and OptiChads.

OpenSea Backlisted All Market Orders For NFT Initiative Azuki
Gungun is an enthusiastic writer that likes to create content for various aspects of the blockchain and crypto industry. She carries out extensive research and provides readers with informative and high-quality material.

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