The NFT marketplace OpenSea has officially announced the long-awaited launch of its native token SEA, planned for the first quarter of 2026. According to OpenSea CEO Devin Finzer on X, half of the total token supply will be allocated to the community. Long-time users and participants in the current rewards program are expected to benefit the most.
OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading.
— dfinzer.eth | opensea (@dfinzer) October 17, 2025
This is just the beginning of our transformation, from “NFT marketplace” to “trade everything.”
NFTs were chapter one for us. In 2021, OpenSea brought the first wave of everyday internet users…
“Both OGs and participants of OpenSea’s rewards programs will be considered separately and fairly,” Finzer said. In addition, 50% of the platform’s revenue at launch will be used for token buybacks.
The SEA token is set to play a key role in OpenSea’s future ecosystem, “including the ability to stake SEA for preferred tokens and collections,” Finzer explained. The OpenSea CEO did not disclose the total supply or detailed distribution mechanisms.
The token launch is part of a broader strategic realignment. According to Finzer, OpenSea plans to evolve from a pure NFT marketplace into a universal trading platform. “This is just the beginning of our transformation — from NFT marketplace to trade everything,” he said.