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Conference:  Transform X 2022
Authors: Shiva Rajaraman, Vijay Karunamurthy
2022-10-19

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The speaker discusses the challenges of using machine learning to aid in trust and safety features for NFTs on the Opensea platform, while also maintaining engagement with the community and addressing the urgency of the rapidly growing market.
  • Opensea is focused on security features and protecting users from copycats in the NFT market
  • Machine learning is used to detect copycats at scale, but precision must be narrow to avoid false positives
  • Explainability is a key principle in engaging with the community and getting their input on trust and safety initiatives
  • There is urgency to make action due to the livelihoods of new creators in the NFT market
  • Opensea relies on a heavily human-in-the-loop system to deal with anomalies and expand from there
  • NFTs are a container for anything and everything, creating new data problems for Opensea to tackle