The once-leading NFT platform OpenSea is finally going to issue its own token?

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16 hours ago

Author: Cookie, BlockBeats

Since the confirmation of Magic Eden's token issuance, NFT players have been eagerly awaiting the airdrop of $ME. As Bitcoin prices continue to hit new highs at the end of the year, NFT players are not only looking forward to the arrival of $ME, but it seems that the former king, OpenSea, will also bring long-awaited good news for NFT players—

OpenSea may be issuing a token.

On November 4, OpenSea's official Twitter announced that a "brand new OpenSea" will be launched in December, and a site for registering test addresses has been opened, with over 700,000 addresses currently on the waiting list.

Once the leader in NFTs, is OpenSea finally issuing a token?

@johnweth_ was one of the first testers of the new version of OpenSea and shared his testing experience in a tweet (the following screenshots of the new OpenSea website are all sourced from @johnweth_).

The new user interface includes a list of projects with the best daily floor price increases, daily & weekly trading volume project rankings, and popular projects.

Once the leader in NFTs, is OpenSea finally issuing a token?

The user's personal page no longer primarily showcases the NFTs held by the user, but instead focuses on displaying the user's wallet activity.

Once the leader in NFTs, is OpenSea finally issuing a token?

The next two points are the most important and possibly related to the token issuance. First, there is a "Leaderboard":

Once the leader in NFTs, is OpenSea finally issuing a token?

From this "Leaderboard" interface, we can see a still-locked "Retro" page, which, taken literally, means "retrospective." This page may later display tokens that long-time OpenSea users will receive based on their past usage.

The "Season 1" interface will also be familiar to NFT players who have experienced Blur. Loyalty is tied to whether users only place orders on OpenSea. "Boost" is related to the user's ranking on the leaderboard; the higher the rank, the higher the points multiplier. The methods for earning points are also clearly stated on this page—placing orders on OpenSea and providing offers for NFT collections.

Although @johnweth_ emphasized at the end of his tweet that the above testing content may change after the official release of the new version of OpenSea, the news that "OpenSea is going to issue a token" has already sparked widespread discussion and anticipation among NFT players. Since OpenSea acquired the NFT aggregator Gem and rebranded it as OpenSea Pro, there have been no major updates from OpenSea, even after Magic Eden firmly established itself as the leader in the Bitcoin NFT trading market, OpenSea has not added support for the Bitcoin network. From the content of this update, it seems that OpenSea has finally figured out how to integrate OpenSea with OpenSea Pro and is ready to launch a "counterattack."

As a result of this news, the "Gemesis" NFT series issued by OpenSea Pro last April for Gem's old users has risen by about 50% in the past week.

Once the leader in NFTs, is OpenSea finally issuing a token?

For the old NFT players who have been using OpenSea since they had to pay an "account opening fee," there is finally a sense of seeing "the dawn before the dawn." If OpenSea's token issuance is ultimately confirmed, what impact will it have on Blur? And will this "counterattack" be able to reactivate the Ethereum NFT market? We shall see.

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