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BTCC / BTCC Square / Global Cryptocurrency /
OpenSea Announces SEA Token Launch for Q1 2026 with Buyback Mechanism

OpenSea Announces SEA Token Launch for Q1 2026 with Buyback Mechanism

Author:
Global Cryptocurrency
Published:
2025-10-20 14:09:02
5
2
BTCCSquare news:

OpenSea, the leading NFT marketplace, has confirmed plans to launch its proprietary SEA token in the first quarter of 2026. The MOVE signals a strategic pivot from a niche NFT platform to a comprehensive onchain trading hub. Half of the token supply will be allocated to the community, with significant portions reserved for existing users and legacy rewards participants.

CEO Devin Finzer revealed that 50% of platform revenue at launch will fund SEA buybacks, positioning the token as a cornerstone of OpenSea's expansion. The company reported $2.6 billion in monthly trading volume, predominantly from token trades, underscoring its evolution into a multi-chain digital asset marketplace.

Future developments may include a mobile application, perpetual futures trading, and cross-chain interoperability features. The SEA token will integrate staking mechanisms tied to platform collections, further embedding it within OpenSea's ecosystem.

|Square

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