Devin Finzer, the co-founder of NFT marketplace OpenSea, has revealed details about the much-anticipated SEA token. He noted that 50% of SEA’s total supply will be airdropped to eligible users in the first quarter of 2026. He added that SEA holders can stake their tokens “behind [their] favorite tokens and collections.” OpenSea to Launch $SEA Since February, OpenSea has teased its SEA token airdrop. The token is part of its broader ecosystem upgrade to OpenSea 2.0 (OS2). Participants in the upgraded platform are eligible to claim XP (experience points) from its reward programs. These points add up to boost users’ allocation in the airdrop. In Finzer’s words, “both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.” Weeks ago, the NFT marketplace began compiling tokens to build its first wave of Treasury Chest. The treasury chest comprised NFTs from reputable projects like Bored Ape Yacht Club, CryptoPunks, and Pudgy Penguins. It also featured cryptocurrencies like ETH, SOL, and Coinbase’s wrapped BTC. The tokens in the first wave amounted to over $12 million. After concluding the Wave 1 Treasury Chest on October 17th, the platform’s team began building Wave 2 using $1 million. OpenSea revealed that it is building these rewards using fees generated from trading activities. Those who receive rewards from this program are eligible for rewards from the airdrop. The OpenSea co-founder added that 50% of revenue will be used to acquire SEA tokens. Seeking to jump into the crypto perpetual market, Finzer noted that OpenSea will soon enable perps trading. A Shift Towards Crypto Since its 2017 debut, OpenSea has facilitated the buying, selling, minting, and trading of NFTs. The marketplace’s decision to focus on the NFT market paid off during the peak of NFT engagement between 2021 and 2023. In the latter months of 2023, the NFT market began experiencing a significant devaluation, affecting platforms like OpenSea. Fast-forward to 2025, and the NFT marketplace began expanding its tentacles from just the NFT ecosystem to the broader crypto market. Finzer recently acknowledged that the idea to pivot into crypto came from his wife, Yu-Chi Lyra Kuo. In July 2025, OpenSea acquired Rally, a Web3 platform, to support its mobile token trading services. Since then, the platform’s revenue has significantly picked up as more traders have shown interest in using the mobile app. This has reflected in the marketplace’s trading volume, which surpassed $2.6 billion this month. Notably, 90% of this amount came from token trading. The post OpenSea Confirms ($SEA) Airdrop Coming Q1 2026 appeared first on CoinTab News.Devin Finzer, the co-founder of NFT marketplace OpenSea, has revealed details about the much-anticipated SEA token. He noted that 50% of SEA’s total supply will be airdropped to eligible users in the first quarter of 2026. He added that SEA holders can stake their tokens “behind [their] favorite tokens and collections.” OpenSea to Launch $SEA Since February, OpenSea has teased its SEA token airdrop. The token is part of its broader ecosystem upgrade to OpenSea 2.0 (OS2). Participants in the upgraded platform are eligible to claim XP (experience points) from its reward programs. These points add up to boost users’ allocation in the airdrop. In Finzer’s words, “both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.” Weeks ago, the NFT marketplace began compiling tokens to build its first wave of Treasury Chest. The treasury chest comprised NFTs from reputable projects like Bored Ape Yacht Club, CryptoPunks, and Pudgy Penguins. It also featured cryptocurrencies like ETH, SOL, and Coinbase’s wrapped BTC. The tokens in the first wave amounted to over $12 million. After concluding the Wave 1 Treasury Chest on October 17th, the platform’s team began building Wave 2 using $1 million. OpenSea revealed that it is building these rewards using fees generated from trading activities. Those who receive rewards from this program are eligible for rewards from the airdrop. The OpenSea co-founder added that 50% of revenue will be used to acquire SEA tokens. Seeking to jump into the crypto perpetual market, Finzer noted that OpenSea will soon enable perps trading. A Shift Towards Crypto Since its 2017 debut, OpenSea has facilitated the buying, selling, minting, and trading of NFTs. The marketplace’s decision to focus on the NFT market paid off during the peak of NFT engagement between 2021 and 2023. In the latter months of 2023, the NFT market began experiencing a significant devaluation, affecting platforms like OpenSea. Fast-forward to 2025, and the NFT marketplace began expanding its tentacles from just the NFT ecosystem to the broader crypto market. Finzer recently acknowledged that the idea to pivot into crypto came from his wife, Yu-Chi Lyra Kuo. In July 2025, OpenSea acquired Rally, a Web3 platform, to support its mobile token trading services. Since then, the platform’s revenue has significantly picked up as more traders have shown interest in using the mobile app. This has reflected in the marketplace’s trading volume, which surpassed $2.6 billion this month. Notably, 90% of this amount came from token trading. The post OpenSea Confirms ($SEA) Airdrop Coming Q1 2026 appeared first on CoinTab News.

OpenSea Confirms ($SEA) Airdrop Coming Q1 2026

2025/10/18 01:25

Devin Finzer, the co-founder of NFT marketplace OpenSea, has revealed details about the much-anticipated SEA token.

He noted that 50% of SEA’s total supply will be airdropped to eligible users in the first quarter of 2026. He added that SEA holders can stake their tokens “behind [their] favorite tokens and collections.”

OpenSea to Launch $SEA

Since February, OpenSea has teased its SEA token airdrop. The token is part of its broader ecosystem upgrade to OpenSea 2.0 (OS2).

Participants in the upgraded platform are eligible to claim XP (experience points) from its reward programs. These points add up to boost users’ allocation in the airdrop. In Finzer’s words, “both OGs and those who participated in OpenSea rewards programs will be meaningfully considered, separately.”

Weeks ago, the NFT marketplace began compiling tokens to build its first wave of Treasury Chest. The treasury chest comprised NFTs from reputable projects like Bored Ape Yacht Club, CryptoPunks, and Pudgy Penguins. It also featured cryptocurrencies like ETH, SOL, and Coinbase’s wrapped BTC. The tokens in the first wave amounted to over $12 million.

After concluding the Wave 1 Treasury Chest on October 17th, the platform’s team began building Wave 2 using $1 million. OpenSea revealed that it is building these rewards using fees generated from trading activities. Those who receive rewards from this program are eligible for rewards from the airdrop.

The OpenSea co-founder added that 50% of revenue will be used to acquire SEA tokens.

Seeking to jump into the crypto perpetual market, Finzer noted that OpenSea will soon enable perps trading.

A Shift Towards Crypto

Since its 2017 debut, OpenSea has facilitated the buying, selling, minting, and trading of NFTs. The marketplace’s decision to focus on the NFT market paid off during the peak of NFT engagement between 2021 and 2023.

In the latter months of 2023, the NFT market began experiencing a significant devaluation, affecting platforms like OpenSea. Fast-forward to 2025, and the NFT marketplace began expanding its tentacles from just the NFT ecosystem to the broader crypto market. Finzer recently acknowledged that the idea to pivot into crypto came from his wife, Yu-Chi Lyra Kuo.

In July 2025, OpenSea acquired Rally, a Web3 platform, to support its mobile token trading services. Since then, the platform’s revenue has significantly picked up as more traders have shown interest in using the mobile app.

This has reflected in the marketplace’s trading volume, which surpassed $2.6 billion this month. Notably, 90% of this amount came from token trading.

The post OpenSea Confirms ($SEA) Airdrop Coming Q1 2026 appeared first on CoinTab News.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
2025/09/18 00:56
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
2025/09/18 00:32