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OpenSea: Fractional Uprising was removed for trying to provide financial tools

According to a representative from the NFT marketplace OpenSea, the NFT project Fractional Uprising has been taken down due to violating the platform's terms of service. The representative stated that OpenSea's terms of service include a prohibition on "using the service to engage in any financial activity related to creating, issuing, selling, or purchasing securities, commodities, options, or debt instruments." Any party attempting to offer financial instruments on OpenSea is directly in violation of the company's policy and will face enforcement action, including takedown and, in some cases, account bans. Fractional Uprising NFT reportedly offered game access and other benefits, including in-game items and potential token airdrop rewards, but the project team denied plans to offer any type of securities issuance.

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