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Later that month, OpenSea reimbursed users about $1.8 million after a user interface bug allowed users to buy more than $1 million worth of NFTs at a discount. [17] [18] On January 27, 2022, OpenSea announced it would limit how many NFTs a user could create using the free minting tool. [19] The following day, OpenSea reversed the decision. [20]
Imagine a cap with 20% vol and floor with 30% vol. Long cap, short floor gives a swap with no vol. Now, interchange the vols. Cap price goes up, floor price goes down. But the net price of the swap is unchanged. So, if a cap has x vol, floor is forced to have x vol else you have arbitrage.
OpenSeaMap is a software project collecting freely usable nautical information and geospatial data to create a worldwide nautical chart. This chart is available on the OpenSeaMap website, and can also be downloaded for use as an electronic chart for offline applications. [1] The project is part of OpenStreetMap. OpenSeaMap is part of the ...
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
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In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion. [13] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [ 2 ]
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A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [1] good, commodity, or service. It is one type of price support ; other types include supply regulation and guarantee government purchase price.