Investors Discuss Airdrop Criteria for OpenSea’s SEA Token Amid Declining Trading Volume
The post Investors Discuss Airdrop Criteria for OpenSea’s SEA Token Amid Declining Trading Volume appeared on BitcoinEthereumNews.com.
OpenSea’s SEA token airdrop criteria are under scrutiny, sparking intense debate among investors regarding the fairness of rewarding historical trading fees versus new engagement metrics. While some users advocate for historical users, others argue that incentivizing current engagement through experience points (XP) may drive platform activity. With OpenSea’s weekly trading volume plummeting 90% from its peak, many question whether XP rewards truly enhance meaningful trading. Investors are debating OpenSea’s SEA token airdrop criteria, weighing historical trading fees against newer engagement metrics to stimulate platform activity. Investors Debate OpenSea’s SEA Token Airdrop Criteria Since the announcement of OS2’s open beta on February 20, OpenSea has generated significant buzz within the NFT community. The platform aims to redefine its marketplace, appealing to both collectors and professionals alike. As OpenSea climbs back to the second position in Kaito’s Mindshare rankings, anticipation grows for an official update regarding the long-awaited SEA token. “Suddenly, OpenSea is #2 on Kaito’s Mindshare. OpenSea’s Dfinzer [co-founder and CEO] is probably going to make an announcement soon… It’s been almost 3 months since SEA was announced,” remarked Brandzo, a user on X. Brandzo specifically urged OpenSea to provide clarity on the airdrop’s structure to settle investor concerns. Central to the current debate is whether OpenSea should reward historical users based purely on past trading fees or embrace newer engagement metrics like experience points (XP) accrued on OS2. Supporters of the historical fee model argue for fairness. “The only metric that OpenSea should use for the SEA airdrop criteria is historical fees paid to OS. Any other approach complicates the distribution unnecessarily,” stated Cyphr, founder of gmDAO. Many longtime users echo Cyphr’s sentiments, emphasizing that genuine contributions made through past fees should hold priority over newer, less meaningful activities. Conversely, some like Moodz, co-founder of Mood Labs, challenge this position.…
Filed under: News - @ May 8, 2025 1:28 pm