OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.

We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.

This is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves.

In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear.

I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind.

Until then, we'll stand up and fight for our industry.

Onwards 🌊⛵️

Standing with you, @OpenSea, as you take on this challenge. The creativity and innovation in the NFT space deserve protection, not suppression. Kudos for pledging support to creators—this is what community is all about. Here’s to fighting for the future of digital art! 🎨💪 #NFTCommunity

https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0x146B627a763DFaE78f6A409CEF5B8ad84dDD4150?challengeId=3ofLIMuInVt5sKkQOtLWp0

Just shared some thoughts on Ethereum's future challenges over on X. What do you think is the next big hurdle Ethereum needs to overcome for mass adoption? Would love to hear the Farcaster community's perspective too! 🚀

 https://x.com/PoshByte/status/1828394579525005725

 #Ethereum #DeFi"

I just completed "LiveArt: "Computational Universe #3" by Nicu Popescu" on Layer3 -

I just completed "LiveArt: "Computational Universe #3" by Nicu Popescu" on Layer3 - https://app.layer3.xyz/quests/liveart-computational-universe-3-by-nicu-popescu

I just completed "Onchain Identity with ENS" on Layer3 -

I just completed "Onchain Identity with ENS" on Layer3 - https://app.layer3.xyz/quests/understanding-web3-identity-and-social

I just completed "Supercharge OP: Welcome" on Layer3 -

I just completed "Supercharge OP: Welcome" on Layer3 - https://app.layer3.xyz/quests/supercharge-op-welcome

I just completed "Introduction to Etherlink (Testnet) " on Layer3 -

I just completed "Introduction to Etherlink (Testnet) " on Layer3 - https://app.layer3.xyz/quests/introduction-to-etherlink-testnet

Embracing the breathtaking views of Mahabaleshwar 🌄✨ #NatureAtItsBest #MahabaleshwarDiaries

I just completed "Introduction to ZERϴ Network" on Layer3 -

I just completed "Introduction to ZERϴ Network" on Layer3 - https://app.layer3.xyz/quests/introduction-to-zero-network

I just completed "The World of L1s" on Layer3 -

I just completed "The World of L1s" on Layer3 - https://app.layer3.xyz/quests/the-world-of-l1s

Mint Mad Mint 111(max mint) Zora nft for 1.11$

https://wallet.coinbase.com/nft/mint/ocscreative

🌟 Tech Enthusiasts, Rejoice! 🌟

Are you ready for the next big thing in tech? From AI advancements to quantum computing breakthroughs, the future is looking brighter than ever! 🚀✨
#FutureTech #Innovation #AI #QuantumComputing #TechTrends #Warpcast

I just completed "What is a Layer2?" on Layer3 -

I just completed "What is a Layer2?" on Layer3 - https://app.layer3.xyz/quests/what-are-layer2s

Enthusiast in Web3, networking, and trading bots. Currently working on innovative projects including creative campaigns for EtherMail and developing automation 

Poshbyte

@poshbyte.eth