OpenSea Delists Fractional Uprising Studios’ NFT for ToS Violation

OpenSea delisted an NFT from game developer Fractional Uprising Studios for violating its terms of service, and the latter responded by setting up burning OpenSea ship models in its game, Deep Wave TechFlow reported. Although OpenSea confirmed the takedown for violating the terms of the provision of financial instruments, the game developer expressed dissatisfaction with the decision, arguing that they did not offer or plan to offer any form of securities offering, and expressed frustration at the lack of transparency and opportunity for appeal.