OpenSea to Launch SEA Token in Q1 2025, Allocating 50% to Community
OpenSea co-founder Devin Finzer has confirmed plans to release the platform's native token, SEA, in the first quarter of 2025. Half of the total supply will be distributed to community members, signaling a strategic shift toward decentralized governance.
The NFT marketplace recorded $2.6 billion in trading volume in October 2025, with token transactions accounting for 90% of activity. "This is just the beginning of our transformation from 'NFT marketplace' to 'trade everything'," Finzer stated in an X post, emphasizing OpenSea's evolution into a comprehensive digital asset platform.
Finzer framed the MOVE as a natural progression: "NFTs were chapter one. In 2021, we onboarded the first wave of mainstream users. Now we're building the infrastructure for trading tokens, culture, art, and ideas—all in one native Web3 environment."