Is Opensea a big scam❓ Absolutely❗️
Will Opensea retaliate against those who exploit it❓ The vast majority will be retaliated against❗️
🔶 Why is Opensea considered a big scam?
Refer to the image I provided below, comparing Blur and ME. If the project team puts in a little effort, the FDV can reach 1 billion dollars without any pressure. If they airdrop 5%, that would be 50 million dollars. If the project team works hard and the FDV reaches 2 billion, that would mean a 100 million dollar airdrop, definitely a big scam.
🔶 Why is Opensea likely to retaliate?
Opensea's airdrop criteria may consider trading volume, number of trades, cumulative trading days, gas fees spent, etc. I believe the most significant factor is trading volume. So far, Opensea's total trading volume has reached 40 billion dollars, which is a huge concept. If you are constantly trading on Odyssey, contributing dozens of transactions, but your cumulative trading volume is only 100 dollars, that accounts for 1/100 million of the total trading volume. Assuming the airdrop is based on trading volume (the actual rules are more complex), if the FDV reaches 2 billion, you would only get a 1 dollar airdrop, not even enough for gas fees.
So do those with high trading volumes profit? Think about those who bought BAYC with hundreds of ETH; how much would they need to be airdropped to break even? It's almost impossible. The higher the trading volume, the more they lose.
There are a very small number of people who might profit; they make money from NFTs and also benefit from airdrops, getting both.
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