Overview
- OpenSea has pushed back the planned March 30 debut of its SEA token, with no new timeline provided.
- The platform is winding down its “Waves” rewards program, confirming the current wave will be the last.
- Users who traded during Waves 3–6 can opt for platform-fee refunds if they give up their Treasure rewards, while Treasures kept will still count toward future allocations.
- Token trading fees on OpenSea will drop to 0% for 60 days starting March 31 to encourage use of its updated, multi-chain marketplace.
- Reporting places the delay against a weaker NFT market this year, and prior updates indicated roughly half of SEA’s supply was intended for community distribution.