OpenSea CEO: Plans to launch SEA Token in Q1 2026

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PANews October 18 news, OpenSea CEO @dfinzer stated that they plan to launch the SEA Token in the first quarter of 2026. 50% of the supply will be allocated to the community, with more than half being obtained through initial claims, and both OG and participants in the OpenSea rewards program will receive meaningful rewards respectively. Additionally, 50% of the revenue at launch will be used to purchase SEA. The launch of SEA will provide more utility, as SEA will be deeply integrated with OpenSea, including staking SEA to users' favorite tokens and collectibles. According to previous reports, OpenSea is transforming into a cryptocurrency trading aggregation platform, and the cryptocurrency trading volume has reached 1.6 billion dollars since October.

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