The post OpenSea is evolving to become a platform to ‘trade everything’; set to launch token in 2026 appeared on BitcoinEthereumNews.com. Devin Finzer, co-founder and CEO of OpenSea, the largest non-fungible token (NFT) marketplace, announced on Friday that the platform is reinventing itself to “trade everything.” Founded in 2017, OpenSea is the largest NFT marketplace with a market share of over 55% at the time of writing, according to data from NFTScan. Its trading volume crossed $2.6 billion this month, according to Finzer. OpenSea wants to become a one-stop destination for onchain activity In an X post, Finzer noted that “NFTs were chapter one for us.” The platform was largely responsible for introducing digital collectibles to everyday internet users, he stated, adding: “The sequel is the destination for the onchain economy in its entirety. Trade everything.” By everything, Finzer meant “tokens, culture, art, ideas, the digital and the physical.” The platform aims to be an online hub that “feels like a home, not a bank.” The platform’s goal is to ensure that users do not have to navigate through different chains, bridges, wallets, and protocols to access onchain liquidity, but trade every asset seamlessly on one platform. OpenSea will launch its token in Q1 2026 The OpenSea Foundation will launch its native token, SEA, in the first quarter of 2026. While several platforms have launched their tokens to little success, Finzer noted that SEA is not being “created to be launched and forgotten.” Finzer pointed out that 50% of the token’s supply will be allocated to the community. More than half of this supply will be awarded via an initial claim. Original members of OpenSea and those who participated in the platform’s rewards programs will be “meaningfully considered” and rewarded separately, Finzer noted. He did not, however, delve into the details of how the reward system would work. Additionally, Finzer noted that OpenSea will use 50% of its revenue at launch… The post OpenSea is evolving to become a platform to ‘trade everything’; set to launch token in 2026 appeared on BitcoinEthereumNews.com. Devin Finzer, co-founder and CEO of OpenSea, the largest non-fungible token (NFT) marketplace, announced on Friday that the platform is reinventing itself to “trade everything.” Founded in 2017, OpenSea is the largest NFT marketplace with a market share of over 55% at the time of writing, according to data from NFTScan. Its trading volume crossed $2.6 billion this month, according to Finzer. OpenSea wants to become a one-stop destination for onchain activity In an X post, Finzer noted that “NFTs were chapter one for us.” The platform was largely responsible for introducing digital collectibles to everyday internet users, he stated, adding: “The sequel is the destination for the onchain economy in its entirety. Trade everything.” By everything, Finzer meant “tokens, culture, art, ideas, the digital and the physical.” The platform aims to be an online hub that “feels like a home, not a bank.” The platform’s goal is to ensure that users do not have to navigate through different chains, bridges, wallets, and protocols to access onchain liquidity, but trade every asset seamlessly on one platform. OpenSea will launch its token in Q1 2026 The OpenSea Foundation will launch its native token, SEA, in the first quarter of 2026. While several platforms have launched their tokens to little success, Finzer noted that SEA is not being “created to be launched and forgotten.” Finzer pointed out that 50% of the token’s supply will be allocated to the community. More than half of this supply will be awarded via an initial claim. Original members of OpenSea and those who participated in the platform’s rewards programs will be “meaningfully considered” and rewarded separately, Finzer noted. He did not, however, delve into the details of how the reward system would work. Additionally, Finzer noted that OpenSea will use 50% of its revenue at launch…

OpenSea is evolving to become a platform to ‘trade everything’; set to launch token in 2026

Devin Finzer, co-founder and CEO of OpenSea, the largest non-fungible token (NFT) marketplace, announced on Friday that the platform is reinventing itself to “trade everything.”

Founded in 2017, OpenSea is the largest NFT marketplace with a market share of over 55% at the time of writing, according to data from NFTScan. Its trading volume crossed $2.6 billion this month, according to Finzer.

OpenSea wants to become a one-stop destination for onchain activity

In an X post, Finzer noted that “NFTs were chapter one for us.” The platform was largely responsible for introducing digital collectibles to everyday internet users, he stated, adding:

By everything, Finzer meant “tokens, culture, art, ideas, the digital and the physical.” The platform aims to be an online hub that “feels like a home, not a bank.”

The platform’s goal is to ensure that users do not have to navigate through different chains, bridges, wallets, and protocols to access onchain liquidity, but trade every asset seamlessly on one platform.

OpenSea will launch its token in Q1 2026

The OpenSea Foundation will launch its native token, SEA, in the first quarter of 2026. While several platforms have launched their tokens to little success, Finzer noted that SEA is not being “created to be launched and forgotten.”

Finzer pointed out that 50% of the token’s supply will be allocated to the community. More than half of this supply will be awarded via an initial claim.

Original members of OpenSea and those who participated in the platform’s rewards programs will be “meaningfully considered” and rewarded separately, Finzer noted. He did not, however, delve into the details of how the reward system would work.

Additionally, Finzer noted that OpenSea will use 50% of its revenue at launch to purchase its native token.

The SEA token will be “deeply integrated” with the platform. This includes the ability of users to stake SEA against their favorite tokens and collections.

OpenSea’s transformation also involves plans to launch a mobile application, which is currently in the ‘closed alpha’ phase of development. The mobile app will be geared towards ensuring that both old and new users get the best experience, Finzer noted while chatting in an X Spaces conversation.

Furthermore, the platform is also working on enabling perpetual futures trading, although it is in early stages of development.

Mentioned in this article

Source: https://cryptoslate.com/opensea-is-evolving-to-become-a-platform-to-trade-everything-set-to-launch-token-in-2026/

Market Opportunity
Polytrade Logo
Polytrade Price(TRADE)
$0.0502
$0.0502$0.0502
+0.58%
USD
Polytrade (TRADE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Husky Inu (HINU) Completes Move To $0.00020688

Husky Inu (HINU) Completes Move To $0.00020688

Husky Inu (HINU) has completed its latest price jump, rising from $0.00020628 to $0.00020688. The price jump is part of the project’s pre-launch phase, which began on April 1, 2025.
Share
Cryptodaily2025/09/18 01:10
SEC dismisses civil action against Gemini with prejudice

SEC dismisses civil action against Gemini with prejudice

The SEC was satisfied with Gemini’s agreement to contribute $40 million toward the full recovery of Gemini Earn investors’ assets lost as a result of the Genesis
Share
Coinstats2026/01/24 06:43