The way the system works is other OpenSea users can make offers for your NFT in exchange for Ethereum. I check my cards daily just to see what their values are. Since yesterday (or possibly Monday) all offers have stopped.
It seems other NFT assets are able to be traded (receive offers):
I do believe the creator of the NFT's (in the case of the Trump Digital Trading cards it's TrumpDeployer) can halt trades. Since there's a mechanism for the creator to receive a percentage of all sales (in perpetuity).
Just mentioning this discovery here to see what anyone's thoughts/input might be.
I remember last time I looked at them when a new batch was released there was a stipulation that they couldn't be traded until a certain number of months after receiving it.
Yeah, I suppose when a series is new they can stipulate when trading can start. This is why I thought it was potentially possible for a creator to pause trading. According to another GAW user (see other comments in this thread), who worked on OpenSea project, trading cannot be paused and thus, via reasonable deduction, this is OpenSea's doing.
Very interesting.
edit: to your point: the 3rd series cards have yet to even completely sell and thus 2nd hand trading never commenced.
there have been constant offers since I acquired the cards on day 1 (december 2022). 10 offers deep all day everyday. Plus, if you look at all cards in the series (even the rarest card) there are no offers. If you're saying this is an OpenSea function then OpenSea has stopped trading.
The way the system works is other OpenSea users can make offers for your NFT in exchange for Ethereum. I check my cards daily just to see what their values are. Since yesterday (or possibly Monday) all offers have stopped.
It seems other NFT assets are able to be traded (receive offers):
https://opensea.io/assets/ethereum/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d/6008
I do believe the creator of the NFT's (in the case of the Trump Digital Trading cards it's TrumpDeployer) can halt trades. Since there's a mechanism for the creator to receive a percentage of all sales (in perpetuity).
Just mentioning this discovery here to see what anyone's thoughts/input might be.
Thanks!
I remember last time I looked at them when a new batch was released there was a stipulation that they couldn't be traded until a certain number of months after receiving it.
Yeah, I suppose when a series is new they can stipulate when trading can start. This is why I thought it was potentially possible for a creator to pause trading. According to another GAW user (see other comments in this thread), who worked on OpenSea project, trading cannot be paused and thus, via reasonable deduction, this is OpenSea's doing.
Very interesting.
edit: to your point: the 3rd series cards have yet to even completely sell and thus 2nd hand trading never commenced.
I develop many projects that use OpenSea.
Theres nothing a nft contract can do to pause offers on OpenSea. He can stop trades from being able to be completed but not offers.
Offers is purely a opensea function that has no reliance on the nft’s contract code.
Is it possible that there just haven’t been any new offers come in? :D
Thanks! That insight is very helpful.
there have been constant offers since I acquired the cards on day 1 (december 2022). 10 offers deep all day everyday. Plus, if you look at all cards in the series (even the rarest card) there are no offers. If you're saying this is an OpenSea function then OpenSea has stopped trading.
They migrated to Magic Eden :)
Thanks!
I had never heard of them before.