OpenSea makes large movements in the last sprint to $ sea

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GM!

The best news of today:

• Crypto Majors Green, Sol leads again; BTC for $ 112,700
• Tom Lee 30x’s Moonshot Bet on Octo (Wld +75%)
• Hype hits a new ATH for $ 55 in the middle of current Stabilein proposals
• Megaeth introduces his Musd Stablecoin, together with Ethena
• OpenSea Drops New Mobile App, Flagship NFT Fund & New Rewards Program

🌊 OpenSea’s next act: mobile, flagship and the last sprint to $ sea

OpenSea clearly tries to be more than ‘just an NFT marketplace’.

And yesterday’s unveiling it pushed in the direction of an on-chain trading student with AI in the core, a seven-digit cultural fund and a Gamified definitive rewards that pushed for the $ SEA Token event.

📌 What happened

OpenSea yesterday made a series of product announcements that shape the future in the short term of the protocol.

The announcements include:

• A re-conceived OpenSea mobile app with AI-Native Trade
• A new flagship NFT collection (a seven-digit treasury for historical and emerging NFTs starting with cryptopunk #5273)
• Details around the final pre-tge reward phase in which 50% of the platform rates Funnel to user rewards

The team also shared that $ Zeege data will come at the beginning of October.

Perhaps the most relevant for users is the last point – the new reward program.

The final pre-tge rewards will start on 15 September and will use 50% of all platform costs (1% for NFTs, 0.85% for tokens) to feed a ‘price safe’, sown with $ 1 million and ARB.

Users get a starter treasure box in the reward portal and can be a level higher by acting on 22 chains, completing daily journeys and collecting shipments.

And don’t worry if you have not bought NFT for a long time. Historical users receive their own sea assignment from the OpenSea Foundation at TGE based on historical volume and other factors.

🗣️ What they say

“I have been building OpenA since 2017. I can safely say that it is my life’s work, and it comes with the conviction to take big swings.

With OS2 we have decided to rebuild our technology, product and corporate culture from the start. We are deliberately “delayed to speed up”.

Now we can accelerate. We enter the most exciting period in our history as a company, while we are evolving open in the best place to exchange everything onchain. “ – Devin Finzer, OpenSea CEO on X

🧠 Why it matters

This is perhaps the most bullish announcement of OpenSea in its existence.

AI -Native Mobile is the right choice -The OpenSea Mobile app has long been lagging behind and must be admitted for an upgrade. A good mobile app is a table cabinet to lay the foundation for future trade.

The flagship fund is just as strategic: it shows that they ‘get NFTs’ and care for them, and will probably provide a positive sentiment of various NFT communities that they buy.

And half of the reimbursements rousting is a big step to stimulate stimulated trade (ie agriculture) and to stimulate those volumes for TGE. Some have complained about double the reimbursement (from 0.5% to 1%), but the reality is that it is a toll that are the most willing to pay for the rewards.

With regard to the impact, a pick-up in on-platform volumes, an offer for selection collections (punks and other flagship-Lozzo-sets) and renewed air drop as userheushels on 22 chains.

The $ sea story now has an agenda -users will position in the launch of September 15 and then hold for TGE details with early October.

OpenSea has a strong lead in the NFT volume in recent months according to Tiexo

See also  The industry needs to look beyond the arbitrary buying and selling of pixels

What I look after:

• The mobile beta-watch list timing and how fast “opensa intelligence” becomes really useful (warnings, portfolio context, cross-chain routing).
• The cadence and the reason behind flagship acquisitions, plus commission -public oppositions and community reception.
• Rewards Portal UX on 15 September, cost-to-repairs transparency and how effectively the program attracts token traders (not just NFT collectors).
• The $ sea specifications of the foundation at the beginning of October: emissions, utility, governance and long-term zinc/source design.

But for now, OpenSea has put itself in a good place.

Let the sprint start to the sea …

🌎 macro crypto and memes

A few crypto and web3 headlines that caught my attention:

• Crypto -Majors are somewhat green with Sol leader; BTC +0.5% at $ 112,700, ETH +0.5% at $ 4,340, XRP +2% at $ 3, Sol +2% at $ 217
• Mine (+185%), Wld (+74%), near (+10%) and MNT (+10%) LED Top Movers
• Hype Hit a brute new ATH for $ 55 in the middle of the current Stablecoin auction
• Opportunities of a 50 BPS cut in September jumped to 19% on polymarket, almost doubled on the day
• The BTC ETFs saw their biggest inflow in a month on Monday with $ 364 million in net entry
• The Nasdaq Definitated proposals with the SEC to engage tokenized stock trade and settlement options
• A senior advisor to Vladimir Putin claimed that the US use crypto and gold to blow up its debt on global costs
• Tom Lee said that in 2025 Bitcoin could easily reach $ 200k, with reference to policy axis and liquidity
• Cantor Fitzgerald Introduced a Bitcoin Fund that connects BTC upside down with a gold-based insurance hedge
• Security researchers (and Ledger’s CTO) Warned about a large supply chain-exploit that could influence apps and portfolios and advised users to pause risky transactions (although less than $ 100 was found in exploits)
• Coinshares announced plans to go to the US in the US via a Spac deal of $ 1.2 billion with Vine Hill
• Congress Introduced a bill that obliges the treasury to describe how federal ownership will be, including coins in the strategic Bitcoin reserve

In business treasury

• Hashkey Laanced a $ 500 million digital asset treasury fund to channel traditional capital in chains aimed at BTC and ETH.
• Achtco’s (Octo) stock stuck 3,000% after the company said that the WorldCoin (Wld) would keep as a primary treasury activity and invests in Bitmine
• Lion group announced a redistribution of his business treasury from Sol & Sui for hype

In memes

• Memecoin -Leiders are very green in the day; Doge +3%, Shiba +3%, Pepe +6%, Pengu +7%, Bonk +7%, Trump +3%, SPX +8%and Fartcoin +7%
• Launchcoin rose 50% to $ 125 million if a short of $ 7 million was liquidated (now back to $ 90 million); Pepecoin was a top onchain -mover, that jumped 39 times to $ 3.5 million
• SPX is mentioned on Coinbase today

💰 Token, AirDrop & Protocol Tracker

Here is an overview of major token, protocol and airdrop news of the day:

• Kalshi reported more than $ 440 million in sportswater volume during NFL Week One
• OpenSea Unveiled “flagship”, an NFT treasure box that will allocate more than $ 1 million to culturally important NFTs prior to an expected, together with a new AI-based mobile app and new rewards
• Megaeth introduced his Native Stablecoin Megausd (USDM) in collaboration with Ethena
• Pump introduced ‘Mexc Monday’ as a new Mexc Weekly initiative to mention one coin per week, starting with TB (TB +60%)

🤖 Ai x crypto

Section dedicated to headlines in the AI ​​sector of Crypto:

• General market capitalization 5% on $ 13.7 billion, leaders were very green
• Crooked (+7%), Virtual (+10%), Tibbir (+5%), AixBT (+11%) and AI16Z (+21%)
• AI16Z (+21%) and goat (+19%) LED Top Movers
• The SEC met on Monday various companies to discuss the convergence of Crypto and AI

🚚 What happens in NFTs?

Here is the list of other remarkable headlines of the day in NFTS:

• ETH NFT leaders were mixed; Punks -0.5% at 48.3 ETH, Pudgy +2% at 10.5, Bayc +3% at 9.25 ETH
• Abstract NFTs were mixed, led by Ruyui (+45%)
• Christie’s announced that they have closed their digital art department, with several staff members