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Saturday, September 25, 2021

Employee information use at OpenSea

This post was originally published on Opensea

Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly.

This is incredibly disappointing. We want to be clear that this behavior does not represent our values as a team. We are taking this very seriously and are conducting an immediate and thorough review of this incident so that we have a full understanding of the facts and additional steps we need to take. We have also implemented the following policies:

  • OpenSea team members may not buy or sell from collections or creators while we are featuring or promoting them (e.g. on our home page); and 
  • OpenSea team members are prohibited from using confidential information to purchase or sell any NFTs, whether available on the OpenSea platform or not. 

For a new, more open internet that empowers creators and collectors, we will need to bake in trust and transparency into all that we do.  We’re committed to doing the right thing for our users and earning back the trust of the community we serve.

The post Employee information use at OpenSea appeared first on OpenSea Blog.

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