Necessary factors
- OpenSea executives denied rumors of a $150 million SEA token sale on Coinbase.
- SEA token will likely be launched in 2026 with core roles for governance, rewards, and NFT staking.
Adam Hollander, chief advertising and marketing officer at OpenSea, denied widespread rumors that the NFT market is planning a $150 million SEA token sale on Coinbase, saying the posts circulating are “faux.”
Hypothesis arose after a Parody The declare shortly unfold to X and Telegram.
OpenSea plans to launch its native SEA token within the first quarter of 2026. In line with OpenSea CEO Devin Finzer, half of the entire provide of SEA tokens will likely be allotted to the group, with the bulk distributed via preliminary claims to previous customers and reward program members.
SEA tokens will likely be built-in into the core OpenSea Market expertise. OpenSea plans to make use of 50% of its platform income at launch to purchase again SEA tokens and create a buyback program to help the worth of the tokens.
