Particle.news

Download on the App Store

OpenSea Sets SEA Tokenomics Timeline, Unveils $1 Million NFT Reserve and Fee-Funded Rewards

The company outlines a governance‑focused path under the OpenSea Foundation ahead of the token generation event.

Overview

  • Starting Sept. 15, OpenSea will direct 50% of platform fees—1% from NFT sales and 0.85% from token trades—into a prize vault seeded with $1 million in OP and ARB.
  • Users can level up Treasure Chests through trading and daily quests, which will determine vault distributions and SEA claims at token launch.
  • OpenSea introduced a $1 million Flagship Collection beginning with CryptoPunk #5273, curated by staff and external advisors to spotlight culturally significant digital art.
  • Tokenomics for SEA will be released in early October, with the OpenSea Foundation overseeing distribution and governance, and historical platform activity set for a separate allocation.
  • The company is rolling out OS Mobile, an AI‑powered trading app, alongside its OS2 rebuild that supports multichain NFT and token trading.