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OpenSea, one of the largest non-fungible token market platforms, has suspended its XP reward program for bidding and listing NFTs after receiving a strong community backlash. Earlier this week, the NFT marketplace launched its updated marketplace “OS2” and started allowing users to earn XP tokens through bidding and listing NFTs. The XP reward program stirred a heated discussion on X (formerly Twitter,) causing many non-fungible token floor prices to plunge. OpenSea Stops Its XP Reward System In a February 18 blog post, Dfinzer, the Chief Executive Officer of OpenSea NFT marketplace, confirmed that he and his team have halted the XP reward system for bidding and listing NFTs in the platform after receiving massive crypto community backlash. The NFT marketplace OpenSea launched its highly anticipated updated marketplace “OS2” alongside its native token $SEA over the past week. At the time, the market platform announced an upcoming token airdrop. we've heard th...

The Hamster Kombat team has released its plans for the remainder of 2024 and early 2025, including the launch of a Web3 gaming platform, ahead of the token’s listing at 12:00 p.m. UTC today. Hamster Kombat’s team shared the project’s new roadmap on Sept. 25. Non-fungible tokens (NFTs) will be included in the project’s ecosystem as in-game assets. The team also plans to integrate with external payment systems and introduce new games.  Team Will Grow The Ecosystem’s Value Proposition After The Airdrop On Sept. 23, Hamster Kombat revealed the allocations for its airdrop event, which is being touted as the biggest token distribution event in the history of the crypto space. Only 131 million out of the 300 million users are eligible to receive tokens, which represents around 43% of the game’s total players. After the Season 1 airdrop, 11.25% of the distributed tokens will be vested for 10 months as part of the team’s user retention strate...