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)
$0.03801
$0.03801$0.03801
+0.92%
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

Paydax (PDP) Lending Introduces New Way To Earn With Crypto – Here’s How To Get Started

Paydax (PDP) Lending Introduces New Way To Earn With Crypto – Here’s How To Get Started

The post Paydax (PDP) Lending Introduces New Way To Earn With Crypto – Here’s How To Get Started appeared on BitcoinEthereumNews.com. Paydax (PDP) Lending Introduces New Way To Earn With Crypto – Here’s How To Get Started Zero Paperwork, No Endless Waiting? For generations, traditional financial institutions have made borrowing and lending a slow, stressful, and unexciting process, a problem that seems to have extended into the crypto industry. One would have to undergo several rigorous processes and complete extensive paperwork just to get approval from the bank. Not to mention the pittance these banks give as interest or rewards for assets locked in their vaults. Now, imagine a world with no paperwork, long queues, the need to beg for approval, or unpleasant loan officers determining your fate when borrowing assets. This is the world Paydax (PDP) is building. With PayDax, everyone has the opportunity to borrow, earn, and grow wealth in ways banks never imagined. Join the PayDax (PDP) presale today at only $0.015 to get started. Who Needs Banks When PayDax (PDP) Can Do The Lending? Paydax is a cutting-edge DeFi platform that transforms how you access liquidity, eliminating the need to sell your crypto, staked assets, or even physical items like real estate or luxury watches. The forefront lending platform eliminates banks and other traditional institutions, handing power back to you. With Paydax, you have control over lending, borrowing, and staking in a single, transparent ecosystem.  Furthermore, this groundbreaking infrastructure enables borrowers to select flexible loan-to-value ratios of 50%, 75%, 90%, or 97%, depending on their individual risk tolerance and financial needs. For instance, an investor whose crypto is locked up and needs capital can borrow stablecoins with any of the loan-to-value ratios without actually selling their holdings. This means that the investor’s crypto is still invested, while they receive cash.  Beyond borrowing with crypto, you can also borrow using tangible items, such as gold, real estate, and…
Share
BitcoinEthereumNews2025/09/23 06:40
USD/JPY Analysis: Resilient Yen Finds Crucial Support in Japanese Government Bond Dynamics – MUFG Insight

USD/JPY Analysis: Resilient Yen Finds Crucial Support in Japanese Government Bond Dynamics – MUFG Insight

BitcoinWorld USD/JPY Analysis: Resilient Yen Finds Crucial Support in Japanese Government Bond Dynamics – MUFG Insight TOKYO, March 2025 – The USD/JPY currency
Share
bitcoinworld2026/02/19 19:00
UAE Joins World Leaders at India’s Global Economic Cooperation Forum to Strengthen Multilateral Collaboration

UAE Joins World Leaders at India’s Global Economic Cooperation Forum to Strengthen Multilateral Collaboration

Dr. Khaled Hanafy and Dr. Waiel Awwad represent the UAE at GEC 2026, strengthening Arab participation in global economic dialogue MUMBAI, India, Feb. 19, 2026 /
Share
AI Journal2026/02/19 19:46