OpenSea, one of the most popular non-fungible token (NFT) marketplaces, has announced to launch and airdrop of the $SEA token to its users. The platform also confirmed it is expanding services to crypto trading through the newly launched OS2.
According to the protocol’s press release, it brings together marketplaces, lets you buy things across chains, and has lower fees at first.
Devin Finzer, co-founder and CEO of OpenSea, said, “This represents an expansion of OpenSea from an NFT marketplace to a much broader platform for trading all types of digital assets. We think tokens and NFTs belong together in a single, powerful, delightful experience.”
He further added that a community of beta testers has been battle-testing the platform. They have been pushing on speed, reliability, and quality to help OP2 become the best platform for users.
“The result is something that finally feels right — a single home for all your digital assets that just works.”
OS2 introduces several key features, including:
- Updated core functionality — improved search, sorting, and discovery tools via a new traits tab, explore tab, and more
- NFTs and tokens in one place — access to fungible token swaps via integrated liquidity aggregators
- New chains — with additional chains being added frequently
- Cross-chain purchasing — allowing users to buy NFTs and tokens across multiple blockchains without needing to manually swap or bridge
- Aggregated marketplace listings — helping users source the best prices
- Live data & analytics — color-coded rarity, real-time updates, and in-depth stats
- Enhanced user experience — homepage redesign, faster navigation, wallet sidebar, and real-time notifications
- Rewards (XP) — a program designed to benefit users of the platform
The OpenSea Foundation revealed that $SEA is designed to support engagement within the NFT and broader crypto ecosystem. $SEA holders will be able to utilize the token on the new OS2 platform.
While the Foundation has not released details on the timing of $SEA, it surely will also act as a new means to recognize active and loyal users of the platform.
Also Read: MakersPlace Announces Market Exit as NFT Trend Vanishes
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