The NFT platform Cent has suspended trading.
The reasons for this decision were the sale of copied and fake NFTs from users who do not have the rights to tokenized content.
The head of the marketplace Cameron Hijazi called it a "fundamental problem" in the booming digital asset market.
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The Valuables category for selling NFT tweets is still available on the platform, the publication noted.
The Cent audience has reached 150,000 users. In March 2021, Twitter founder Jack Dorsey sold his first NFT tweet for $2.91 million.
In January 2022, the OpenSea platform reported that more than 80% of NFTs created with the free release option were plagiarism, fake, or spam.