4 weeks ago
Popular non-fungible token (NFT) marketplace OpenSea said Thursday that it is expanding its level to crypto trading and confirmed it is readying to administer SEA tokens to users.
The trading level called OS2 has launched today, and aggregates marketplaces, allows cross-chain purchasing and offers little fees successful the beginning, according to the protocol's press release.
"This represents an enlargement of OpenSea from an NFT marketplace to a overmuch broader level for trading each types of integer assets," said Devin Finzer, Co-founder and CEO of OpenSea. "We deliberation tokens and NFTs beryllium unneurotic successful a single, powerful, delightful experience."
OpenSea Foundation, the Cayman Islands-based improvement enactment down the protocol, volition besides administer SEA tokens offering inferior connected the OS2 platform.
While details and day of the airdrop stay undisclosed, OpenSea has confirmed that SEA volition admit some progressive users and those who person been portion of the level since its aboriginal days. US users volition beryllium included successful the airdrop.
OpenSea has said that SEA’s inferior volition beryllium focused connected semipermanent engagement alternatively than short-term speculation.
The platform's monthly trading measurement is down importantly from a $5 cardinal highest successful aboriginal 2021, having facilitated trading of $190 cardinal worthy of NFTs past month. The platform’s annualized gross stands astatine $33 million, according to Dune Analytics data.
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