It’s just some fwogs.Allowlist is now live on OpenSea.https://t.co/5AZmKJUSTU https://t.co/QY4bLRrKYgWut (@Groowut):It’s just some fwogsNow live on @opensea 💙 https://t.co/HeOSfpRcQ2 ...

this week's top swaps on OpenSea https://t.co/XXA2S7fb8e ...

Core Insights - OpenSea is set to launch its native token, SEA, in Q1 2026, transitioning from an NFT marketplace to a comprehensive on-chain trading platform [1] - The global NFT market has seen a significant decline, with total market capitalization dropping to $5.2 billion from a peak of $25 billion in 2021 [4] Token Allocation and Utility - 50% of the total SEA token supply will be allocated to the community, with early users and participants in reward programs receiving substantial claim allocations [2] - 50% of OpenSea's launch revenue will be utilized to purchase SEA tokens, and $SEA holders will have the ability to stake their tokens behind preferred NFT collections, integrating governance and utility into the platform [2] Development Plans - OpenSea is developing a mobile app that will provide full access to on-chain trading, alongside perpetual trading and cross-chain abstraction features, all set for the Q1 2026 launch [3] - The trading volume for OpenSea has reached $2.6 billion this month, indicating active user engagement despite the overall decline in NFT valuations [5]

Core Insights - OpenSea has transformed from a leading NFT marketplace to a multi-chain crypto trading aggregator as NFT trading volumes have plummeted over 90% from 2021 highs [1][2] - The platform now supports 22 blockchains and aims to become a "trade-any-crypto" platform, reflecting a strategic pivot in response to market trends [1][2] Market Performance - The NFT market capitalization fell from $20 billion in early 2022 to approximately $4.87 billion by October 2025 [2] - OpenSea's monthly revenue dropped from $125 million in January 2022 to just $3 million by late 2023 [4] - In October 2025, OpenSea processed $1.6 billion in crypto trades and $230 million in NFT transactions, marking its highest trading volume in over three years [6] Business Strategy - The new business model aggregates buy and sell orders from decentralized exchanges, generating around $16 million in revenue through a 0.9% transaction fee [2] - OpenSea does not conduct know-your-customer checks, aligning with its non-custodial model while using blockchain analytics to monitor transactions [3] - The company has relocated its headquarters to Miami and reduced its workforce from about 175 employees to around 60 [5] Competitive Landscape - The decline in OpenSea's market share was exacerbated by competition from Blur, which attracted traders with zero fees and no royalties for creators [5] - OpenSea's attempt to adjust its royalty structure in response to competition led to backlash from artists and collectors [5]

So, who's winning: @blur_io or @opensea? https://t.co/mLRVVByYYX ...

The ship stays shipping.And now it’s growing.New roles and new talent.Maybe it starts with you.Your chapter at OpenSea.Find our Careers page in the post below. https://t.co/X1jnjD2gxG ...

Web3 Gaming Trends - The industry is focusing on the next wave of gamers in the web3 space [1] - The industry is covering live events from Gamescom to explore the future of web3 gaming [1] Events and Discussions - A Spaces event will be held on August 22nd at 11am ET to discuss web3 gaming [1] - The event will feature speakers including @coopernicus01, @Parkk___, and @OliverMaroney [1]