OpenSea Announces SEA Token Launch by Q1 2026 with 50% Community Allocation
OpenSea, the leading NFT marketplace, will debut its native SEA token in early 2026 as part of a strategic pivot toward becoming a comprehensive blockchain trading platform. CEO Devin Finzer confirmed the timeline via an October 18 statement, revealing half the token supply will be distributed to users—with priority given to early adopters and rewards program participants.
The tokenomics include a novel demand mechanism: 50% of platform revenue at launch will fund SEA buybacks. The token integrates directly with OpenSea's Core interface, enabling staking and enhanced collection engagement. This MOVE follows the project's February 2025 announcement, positioning SEA as a linchpin in OpenSea's ecosystem expansion.