NFT EveningNFT Evening

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    NFTs By Lacollection.io x MFA To Feature Degas and Monet Artworks

    June 25, 2022

    Snoop Dogg and Eminem Drop A New Track At Apefest

    June 25, 2022

    Yuga Labs Files Lawsuit Against Ryder Ripps Bored Apes (RRBAYC) NFT

    June 25, 2022
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • Home
    • News
    • Crypto Art
    • Collectibles
    • Blockchain games
    • Interviews
    • Guides
    • NFT Calendar
    • NFT Conferences
    NFT EveningNFT Evening
    News Uncategorized

    Magic Eden Now Requires Launchpad Users To Dox Themselves Privately

    By James EllisFebruary 23, 20222 Mins Read
    Share
    Twitter WhatsApp Reddit Email Facebook LinkedIn

    Solana’s largest NFT marketplace, Magic Eden, is taking a stand against NFT scams and rug pulls. In an unprecedented announcement, the company confirmed they are announcing new rules. This new system is in place to protect traders and their assets.

    Image of the Magic Eden logo
    Magic Eden introduces a private dox for its NFT creator to prevent scams and rug pulls.

    Many will be happy with the announcement as it offers an extra layer of security. However, it will be a hard pill to swallow for those who value their anonymity. In fact, they might look elsewhere instead of opting to dox themselves on the popular marketplace.

    Magic Eden is introducing the rules after multiple rugs pulls in 2022. The platform wants to ensure that customers can trade safely. They paused their marketplace to figure out how to make the platform safer. Today, they reopened and set the new rules in place.

    Meanwhile, it isn’t a complete public dox for those concerned about anonymity. Users must privately submit personal contact information for NFT creators, who cannot be anonymous. Furthermore, this move ensures that the NFT platform has all the information to pursue the criminal should anything happen.

    Magic Eden undoubtedly made a brave move, but something has to happen. If the NFT space wants to grow, it has to deal with the issues that plague the community. Unfortunately, NFT scams and rug pulls are common practice. The entire NFT space must address this.

    Finally, Magic Eden is taking a stance and saying enough is enough. It will be interesting to see if other major NFT platforms follow suit.


    Are you tired of missing important NFT drops?

    Check out our NFT Calendar!

    Receive the biggest NFT news of the day & recommendations in our Daily newsletter. 

    • All of our news is being sent daily on Telegram
    • We summarize the biggest news daily on Twitter & Instagram 
    • Learn with video tutorials and subscribe to our Youtube Channel 

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Dox Magic Eden NFT Scam solana
    Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
    James Ellis
    • Twitter

    James is an English teacher and freelance writer with a passion for NFTs, football, film and technology.

    More great NFT Evening content:

    NFTs By Lacollection.io x MFA To Feature Degas and Monet Artworks

    June 25, 2022 News

    Snoop Dogg and Eminem Drop A New Track At Apefest

    June 25, 2022 News

    Yuga Labs Files Lawsuit Against Ryder Ripps Bored Apes (RRBAYC) NFT

    June 25, 2022 News

    Jay Chou x Paris Saint-Germain Tiger Champs NFT: What You Should Know

    June 24, 2022 News
    Latests NFT News

    NFTs By Lacollection.io x MFA To Feature Degas and Monet Artworks

    June 25, 2022

    Snoop Dogg and Eminem Drop A New Track At Apefest

    June 25, 2022

    Yuga Labs Files Lawsuit Against Ryder Ripps Bored Apes (RRBAYC) NFT

    June 25, 2022

    Jay Chou x Paris Saint-Germain Tiger Champs NFT: What You Should Know

    June 24, 2022



    • Follow @NFTevening


    By signing up, you agree to the our terms and our Privacy Policy agreement

    NFT evening is the biggest website for NFT news. We are dedicated to supporting mainstream NFT adoption by making content fun & accessible. Learn about NFT collectibles, NFT art and the best blockchain games that even let you earn free crypto! Whether you want to invest in NFTs, create NFTs or simply collect them, NFTevening is the first stop for all the NFT news you need!

    Facebook Twitter Instagram YouTube
    Article Categories
    • Blockchain games
    • Collectibles
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • News
    • Sponsored Content
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Collaboration and Press Releases
    • Job Opportunities
    • About Us
    • Contact Us
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.