OpenSea Continues To Fight Counterfeits
OpenSea continues improving its platform’s work and introducing a new counterfeit detection system.
According to Web Coin Market: The tool was named Copymint. According to the developers, the new system can quickly identify a copy, even if it is upside down or somehow distorted.
The developers shared how Copymint works. They duplicated the existing NFT on the site, and after a couple of seconds, they found that it had already been removed from the site. It took the tool a few seconds to identify the duplicate.
NFT duplication is another problem for today’s digital artists. If their token gets enough attention, there is a considerable risk that unscrupulous people will duplicate it. Then the original can lose huge percentages of potential sales and more.