The post OpenSea unveils SEA token and new version of its exchange appeared on BitcoinEthereumNews.com.

OpenSea has finally confirmed the launch of a token, dubbed SEA, via the OpenSea Foundation.  OpenSea is also releasing its OS2 open beta, the next iteration of its token marketplace, which will include memecoins as well as other tokens in addition to NFTs, the company announced Thursday. The SEA token will be usable on OS2 and is intended to “recognize active and loyal users” as well as early adopters. OpenSea Foundation General Manager James Hu said the SEA token will support the Seaport Protocol and is a “major step” to support the OpenSea community. SEA’s release date has not yet been announced, however. OS2 is intended to be “an expansion toward fun-filled trading,” an OpenSea spokesperson told me. Before the open beta, OpenSea had an OS2 waitlist set up where users could join the private beta waitlist by connecting their wallet or entering their email address. OpenSea Genesis NFT holders also had access to the private beta if they held the NFT on Jan. 26.  The OS2 private beta offered two main visual modes: Collector Mode or Pro Mode.  Collector Mode presents a graphic-forward, colorful look that lets you see NFT art details, while Pro Mode shows small images with a data-heavy focus as well as analytics that show charts upfront with data over time.The open beta will also be for casual collectors and advanced users, Stephanie Rheingold, OpenSea director of marketing and communications, confirmed via email.  Easy cross-chain purchases, aggregated marketplace listings, liquidity aggregators, live analytics and an improved search are just a few of OS2’s features that set it apart from its predecessor. OS2 also has XP — gamerspeak for experience points — which can be earned by listing NFTs for sale and making collection-wide offers. XP is not a cryptocurrency or financial asset. It’s a non-transferable rewards…

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Filed under: News - @ February 13, 2025 3:27 pm