This article comes fromDecrypt, original author: Jason Nelson
Odaily Translator |
This article comes from, original author: Jason NelsonOdaily Translator |
NFT marketRarible announced on Tuesday
, has launched an order management tool that allows Rarible users to identify and cancel suspicious sales orders from NFT marketplace OpenSea.
It was previously reported that, a bug on OpenSea could cause valuable NFTs (like the Bored Ape Yacht Club NFT) to be sold for far less than their holders actually expected.Rarible said it had received complaints from some customers that there was a problem with the prices of NFTs displayed in OpenSea orders aggregated by the Rarible website. For example, some users have complained that certain NFTs appear as "available" on Rarible but not on OpenSea.
Activity page
according toAccess to OpenSea data.according to
DappRadar data
, Rarible, launched in November 2019 by co-founders Alex Salnikov, Alexei Falin, Ilya Komolkin, is a popular NFT marketplace with a total NFT transaction volume of $277.9 million since launch.orders.rarible.comsecondary title
How the order management tool works
As the company explained on Twitter, NFT collectors can now access
, after connecting their wallets, they can view and cancel so-called "risky sales orders" on the order manager page, such as NFTs displayed at a different (and possibly lower) price than the seller expected, or displayed on Rarible NFTs that are "for sale" but do not appear for sale on OpenSea.The problem arises when Rarible users try to buy an NFT they see, but that NFT has already been purchased or removed from the platform that originally listed the NFT (in this case, OpenSea), Rarible said.
Salnikov pointed out, "These orders are old orders, which should have been cancelled, but they were not. That's why some people were able to buy some Bored Ape and other NFTs at a price below the floor price." The situation described by Nate River.
Nate River wrote
, "A M2 Serum (floor price 32 ETH) was only sold at a price of 11.55 ETH. How did it happen? The buyer listed it at a price of 11.55 ETH two months ago, and then just bought an M2 on the market. The original The listing was still showing on Rarible, so it was bought."
M2 Serum (serum) can turn a Bored Ape NFT into a Mutant Ape, and while these serums were originally airdropped for free to Bored Ape holders, they have become highly sought after and valuable NFTs in their own right.
Rarible determined that the problem with “sales at risk” stemmed from not properly canceling orders on-chain, Salnikov said.
“So the user thinks the order is cancelled. But in reality, they are just hidden from the OpenSea front end, and they are not all canceled on-chain.”
