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OpenSea Announces Q1 2026 Launch for SEA Token with 50% Revenue Buyback

OpenSea Announces Q1 2026 Launch for SEA Token with 50% Revenue Buyback

Author:

Global Cryptocurrency

Published:

2025-10-18 20:59:02

11

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BTCCSquare news:

OpenSea CEO Devin Finzer revealed plans on October 17, 2025, to introduce the platform's native SEA token in early 2026. The launch coincides with OpenSea's strongest performance in three years, processing over $2.6 billion in trading volume in October 2025—90% of which came from non-NFT crypto trading.

Half of the total SEA token supply will be allocated to community members, prioritizing long-time users and rewards program participants. Initial claims will distribute 25% of the supply immediately, with another 25% released gradually. Notably, the distribution avoids identity verification and includes U.S. users—a departure from recent token launches like Berachain.

The 50% revenue buyback program marks a bold MOVE to support token value, directing half of all platform revenue toward sustaining SEA's market position.

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