While OpenSea has quickly moved to deny rumors of an upcoming NFT airdrop, BTCBULL will be airdropping BTC to its holders.

NFT marketplace OpenSea has denied rumors regarding an NFT airdrop, calling them “completely false” while urging community members to rely only on its official social media platforms for information.

Yesterday (February 10), eagle-eyed members of the NFT spotted an OpenSea website containing terms and conditions for an airdrop.

VPNs Banned, KYC And AML Checks All Part Of The T&C’s For Alleged OpenSea Airdrop

X was flooded with screenshots and individuals reporting that OpenSea would require users to meet specific criteria before qualifying to receive an airdrop.

These checks included banning VPNs while also being subjected to Know Your Customer (KYC) and Anti-Money Laundering (AML) checks. The ban on VPNs led many to believe that some countries would be ineligible to participate in the airdrop.

The OpenSea Foundation was quick to make a statement on X, saying that the rumors were false and stressing that users should only trust information on its official communications platforms.

OpenSea CEO Devin Finzer replied to the post, calling the information “completely false.” However, Finzer’s post did tease some big announcements on the way, saying, ” There’s a lot to be excited about, but we’ll share when we’re ready, and you’ll hear it from us first.”

OpenSea CEO Calls The Airdrop Page A “Test Website”

While the executive said all that information was false, he later clarified on X that the site was a “test website” and that information found there was not the actual terms and conditions but only “boilerplate language.”

Since its Cayman Islands registration was revealed in December 2024, which opens the platform up to the possibility of a regulation-free airdrop, NFT community members have been excited about a possible token drop.

Many long-term users of OpenSea called for loyalty to be rewarded for any potential airdrop. Others said they hoped the platform would consider heavy trading volumes when calculating any airdrop.

After OpenSea opened its private beta to NFT holders in January, it was met with backlash and dissatisfaction regarding access and airdrop mechanics.

Some reported that the marketplace didn’t offer retroactive points for long-term users. However, Finzer assured the community that they hadn’t forgotten the OGs who helped build the space, but no more information was provided at the time.

BONUS: Clever New Meme Coin Launches, Over $500,000 Raised In First 24 Hours

A viral new meme coin, BTC Bull token (BTCBULL), is gaining tonnes of hype after a successful presale launch yesterday (February 10). The reason for its frenzy is due to the Bitcoin airdrops on offer for BTCBULL holders.

You heard correctly; the BTCBULL token is designed from the ground up as a meme-powered, community-driven token with the singular aim of riding the BTC wave to $1 million and beyond.

The BTC airdrops work so that every time Bitcoin reaches a significant price milestone, BTCBULL token holders are rewarded with real Bitcoin.

This is a first-of-its-kind utility-backed meme coin, which is why BTCBULL has already raised over  $500,000 from eager investors in its first 24 hours of being live.

Best Wallet Has Listed BTCBULL In Its ‘Upcoming Tokens’ Page

The BTC Bull team has partnered with the hot new Web3 Best Wallet to make purchasing BTCBULL seamless. There’s no need for complicated interactions with Bitcoin wallets or BRC20 transactions because Best Wallet handles everything for you behind the scenes.

BTCBULL token holders can watch their rewards accrue from the Best Wallet app. Thanks to Best Wallet’s multichain capabilities, you can even buy with ETH and be rewarded in BTC.

However, it should be noted that users must hold their BTCBULL tokens in Best Wallet to receive the BTC rewards. You can also stake your BTCBULL to earn passive income. At the time of writing, the staking rewards are over 600% APY.

Head over to the BTC Bull token website or the Best Wallet app to buy Bitcoin today with ETH, USDT, or even a bank card. If you don’t already have Best Wallet, you can download it from Google Play or the Apple App Store.

Stay updated with the BTC Bull project by joining its fast-growing community on X and Telegram.

Visit The BTC Bull Presale Website

EXPLORE: Grayscale’s ADA ETF Just Changed Everything For Cardano: Best Crypto to Buy in 2025?

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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