OpenSea criticized for shadowbanning Kemonokaki NFT

OpenSea, one of the world’s first and largest web3 marketplace platforms for collecting non-fungible tokens and cryptocurrency collectibles, received massive criticism from the NFT community on X earlier today after Kemonokaki was banned on the 10 most traded NFT dashboard.

OpenSea faces massive backlash over X

On June 24, 2024, the cryptocurrency and non-fungible token communities on This cryptocurrency discussion has already attracted more than 50.2K tweets on X.

He appears @opensea He blocked the kemonokaki shade in the trend even though the volume is clearly higher than anything else being minted. This is very disturbing. pic.twitter.com/TkoTFBJxVe

– 🌙𝚐𝚘𝚘𝚗𝚋𝚎𝚊𝚖 (@goonbeam_) June 24, 2024

Launched in December 2017, OpenSea is an American non-fungible token marketplace based in New York City. OpenSea offers an on-chain marketplace that allows pools of non-fungible tokens to be sold directly at fixed prices or through auctions.

The OpenSea NFT Marketplace is a non-custodial marketplace platform, allowing users complete control and access to their cryptocurrency wallets. Users interact directly with each other to buy or sell NFTs individually or in bundles. The NFT market also allows creators and artists to create NFTs.

The NFT marketplace has rapidly grown in popularity and size over the years to become one of the top five digital marketplace platforms in the NFT ecosystem. OpenSea now provides cross-blockchain consensus across the Ethereum, Polygon, Klaytn, Solana, Arbitrum, Optimism, Avalanche, BNB, Zora, Base, Blast, and Sei blockchains.

Kemonokaki – Why is this NFT trending?

Launching mid-month this month, Kemonokaki is a new non-fungible token set featuring a limited edition of 6,351 hand-drawn PFP sets inspired by the aesthetics of kemonomimi and neo-chibi. Kemonokaki is one of the first NFT collections to be launched on the Base Layer 2 network.

Kemonokaki has already received a warm reception among NFT collectors, and is now one of the biggest NFT movers. Unfortunately, kemonokaki appears to have been banned from circulation even though trading volume is clearly higher than anything else being minted. This action has emerged as a matter of concern among many X collectors.

He appears @opensea He blocked the kemonokaki shade in the trend even though the volume is clearly higher than anything else being minted. This is very disturbing. pic.twitter.com/xJAc92wSh3

– Gigi (@gggeeee01) June 24, 2024

Data collected by Dab radar, an on-chain cryptocurrency market data aggregator and multi-chain non-fungible token explorer, reported that the new Kemonokaki has significantly increased in sales volume and traction. In the last 24 hours, the NFT collection has raised over $30.33K, which represents a 397% increase from the last day.

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