We're approaching Month 3 of our collections being locked with zero public communication on what they did or the reasons for it. Fanatics and Topps have acted with complete disdain for their customers.
The only reason they resolved the security issue was because we pointed it out to them. In return we get a useless NFT we can't even view properly let alone trade or sell.
When I talk about the control issues with smart contracts, it's not the FUD some seem to paint it as. This is a real life example of how a contract with broad controls that can be changed can go wrong.
Yes, the mutable contract allowed them to stop further exploitation of the security flaw but it also allowed them to take a unilateral action to freeze the entire collection of NFTs without customer consent or communication.
It’s going to be a very interesting 3-6 months in the digital sports collectible space. Here are some of the key topics worth tracking:
> Panini BC ethereum bridge for its sports IP
> Candy Digital re-launch
> NFL All Day re-launch
> OpenSea Mobile app release
> Topps NFTs re-mint and OS landing page update
@Fanatics Hope we’re in for a fun ending to @Topps/@Fanatics finally fixing their broken @ToppsNFTs migration to @opensea! 🤞
We haven’t been able to even see the collectibles that @Topps sold us in over two months now. Customer service is silent.Please fix this!
https://t.co/c07XfsMLaR
@Topps You know else would look amazing? My @toppsnfts. Unfortunately, @topps froze our assets so we can’t buy/sell, or even view them.
Nothing but silence 🦗 from @Topps@ToppsDigital for months.
https://t.co/dcNDm6ChIy