OpenSea users have received clarity about the company’s plans to spend a native token, 10 months after it was initially announced.
The non-guilty token (NFT) platform said it has introduced the “final phase” of pre-token Generation Event (TGE) rewards and that more details will be revealed at the beginning of October.
The news comes alongside the release of the OpenSea Mobile App, which connects trade on chains with the traditional NFT market of the platform. Artificial Intelligence (AI) functions have also been added, whereby the company adds that the integration users will give the “ability to exchange with AI smarter and faster”.
The SEA Token has been long -awaited since it was announced in 2024, so that millions of dollars were placed on polymarket, speculate when it would officially release token.
The final phase of rewards before the tokens goes live, are targeted treasure chests that can be leveled. Prices within some of these boxes will come from NFT collections such as Bored Ape Yacht Club (Bayc) and Pudgy Penguins.
In a post on X, OpenSea CMO Adam Hollander said that treasures will play a “meaningful role” in the tokenteration event.
He added that “historical platform activity will be rewarded and will receive his own allocation of $ sea from the foundation at TGE”, and that it is separate from the reward program.