OpenSea CEO: Plans to launch SEA token in Q1 2026

ChainCatcher news, OpenSea CEO @dfinzer posted that they plan to launch the SEA token in the first quarter of 2026. 50% of the supply will be allocated to the community, with more than half of that distributed through initial claims. Both OGs and participants in the OpenSea rewards program will receive meaningful rewards. In addition, 50% of the revenue at launch will be used to purchase SEA.

The launch of SEA will provide more utility, and SEA will be deeply integrated with OpenSea, including staking SEA for users’ favorite tokens and collectibles. Previously, it was reported that OpenSea is transforming into a crypto trading aggregation platform, with crypto trading volume reaching $1.6 billions so far in October.