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NFT marketplace OpenSea has finally set a timeline for the launch of its SEA token, scheduled for the first quarter of 2026.
The company is actively shifting its focus from NFT trading to tokenized assets. In a post on X, co-founder and CEO Devin Finzer revealed that of OpenSea’s $2.6 billion monthly trading volume, over 90% now comes from token trading.
He also outlined OpenSea’s broader vision of evolving into a comprehensive blockchain economy, saying the platform is working to expand beyond NFTs into full crypto functionality.
A major milestone in this transformation will be the launch of the SEA token, whose Token Generation Event (TGE) is currently in development.
“From now until Q1, we’ll be rolling out features that bring our vision to life. Mobile apps are in closed alpha testing and will soon let you access the full on-chain economy in your pocket. Perpetuals are coming to OpenSea. True cross-chain abstraction is on the way,” Finzer wrote.
According to him, 50% of the total token supply will be allocated to the community, with more than half of that distributed during the initial phase. Early OG users and OpenSea rewards participants will have separate allocation pools. Additionally, half of the initial revenue will be used to buy back SEA tokens.
As we wrote, Opensea launches OS2 platform for token trading, plans SEA token airdrop