OpenSea unveils OpenSea 2.0 completely new, launching point rewards to receive airdrops?

**One year after cutting 50% of its workforce, OpenSea has revealed the first images of a "completely new" platform set to launch in December.

OpenSea unveils OpenSea 2.0 completely new, launching point rewards to receive airdrops?

On the evening of 11/04/2024, the leading NFT marketplace platform OpenSea revealed that they will launch a completely new platform in early December. Attached is the link for users to link their wallets to register for the waitlist.

OpenSea CEO is Devin Finzer also revealed:

"We have been quietly building for so long.

To truly achieve innovation, sometimes you have to take a step back and rebuild everything.

Therefore, we have built a completely new OpenSea."

This announcement comes at the time of the one-year anniversary of OpenSea's declaration of a major restructuring, reducing its workforce by 50% to focus on a small team to develop OpenSea 2.0.

The recent period has been considered a difficult time for the entire NFT sector in general. Although OpenSea's trading volume has shown improvement in recent months, NFT sales have dropped to the lowest level since 2021.

Not only affected by the general trend of the NFT market, OpenSea also has to compete with the relentless strength of its rival Blur.

The success of Blur is evidence that NFT traders need a platform that offers more features, with more sophisticated trading tools than just the basic buying and selling functions like the original OpenSea. In addition, users come to Blur also thanks to the points reward mechanism to receive BLUR airdrop tokens.

It seems that finally accepting the truth that users need airdrop incentives, OpenSea 2.0 also seems to be preparing for a massive airdrop.

The community has discovered the Leaderboard mechanism and rewards on the new platform. This opens up the possibility that OpenSea will launch a token in the near future.

OpenSea's change comes at a time when there seems to be little hope left for the NFT space. According to The Block, the volume of NFT transactions on Ethereum has decreased from $868 million at the beginning of this year to only $136 million in October.

Monthly trading volume of NFT marketplaces on Ethereum. Source: The Block

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