The announcement came from OpenSea co-founder and CEO Devin Finzer in a joint statement with the OpenSea Foundation. According to Finzer, the project is evolving from an NFT marketplace into a universal trading protocol that will unite all forms of digital activity across blockchains.
Half of the total SEA token supply will be distributed to the community, including participants in OpenSea’s rewards program and early platform users. The company clarified that these categories will be assessed separately.
OpenSea also plans to allocate 50% of its revenue toward token buybacks after the launch. Holders will be able to stake SEA to support their collections and digital assets. The emission parameters and exact distribution formula have not yet been disclosed.
Finzer emphasized that OpenSea’s goal is to create a single access point for decentralized trading, where users won’t need to switch between exchanges, bridges, and wallets. He added that tokenization will serve as the central element of OpenSea’s redesigned architecture – a platform where users can “trade everything” through one interface.
The company plans to integrate SEA directly into its trading infrastructure and roll out new features, including perpetual futures support and a mobile app that will give users full access to OpenSea’s ecosystem from any device.
Read also:
- OpenSea Adds Another Rewards Phase Before SEA TGE, Users Frustrated
- OpenSea Goes Live on Telegram, Users Expect TON NFTs
- Court Overturns Conviction of Former OpenSea Manager in NFT Insider Trading Case
This post is for informational purposes only and does not constitute advertising or investment advice. Please do your own research before making any decisions.