OpenSea announces the official TGE in Q1 next year: 50% of $SEA allocated to the community, 50% of platform revenue used to buy back Tokens..

The NFT trading market OpenSea has announced that it will conduct a token generation event (TGE) in the first quarter of 2026 (Q1), launching its native token $SEA. What highlights are there currently? (Background: OpenSea is about to launch its token TGE, is $SEA worth participating in?) (Background information: OpenSea has announced the launch of the “NFT Reserve Fund,” purchasing CryptoPunk #5273 to protect digital asset culture) OpenSea's CEO Devin Finzer posted on the X platform last week, officially announcing that OpenSea will conduct a token generation event (TGE) in the first quarter of 2026 (Q1), launching its native token $SEA. This is the latest development since OpenSea first revealed its token issuance plan in February 2025. OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading. 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… — dfinzer.eth | opensea (@dfinzer) October 17, 2025 Two key highlights: Community distribution and token buyback According to OpenSea's announcement, the official token design has two major focuses for $SEA : First, 50% of the total supply will be directly allocated to the OpenSea community, including early users (OG users) and members participating in the current rewards program. Among them, more than half of the community share will be distributed during the initial claiming period, and the token distribution will consider the historical contributions of OG users and the activity level of reward participants, with no identity verification required, and U.S. users can also participate. Secondly, the official stated that upon issuance, 50% of its platform revenue will be used for the $SEA token buyback to support the token's value. The official mentioned that this mechanism is expected to create sustained buying pressure. Currently, OpenSea has not disclosed the total supply or detailed allocation method for the $SEA token but emphasized that $SEA will be deeply integrated into platform features, including mobile applications and cross-chain trading. Transforming into a multi-chain trading center: perpetual futures are about to go live OpenSea also emphasized that this token announcement comes as OpenSea accelerates its transformation. The official pointed out that the platform is evolving from a traditional NFT market to a multi-chain trading center, with trading volume exceeding $2.6 billion this month, over 90% of which comes from token trading, setting a record for the largest single-month volume in three years. At the same time, in response to the trend of funds shifting from NFTs and meme coins to perpetual futures (Perps), OpenSea plans to launch Perps trading features, competing with decentralized exchanges like Hyperliquid and Aster. Currently, the platform has opened its mobile application to a closed Alpha testing phase and will officially go live before the TGE, achieving the vision of “one-stop trading for tokens, culture, art, and physical assets.” Finzer also stated: “We want to create a blockchain economic destination that feels like home, not a bank.” Related reports HyperLiquid's official NFT “Hypurr NFT” is live! A total of 4,600 pieces, with 93.8% airdropped to the community, the floor price skyrocketing to $69,000 Novastro is about to launch its genesis NFT series called “NovaLand” on the OpenSea platform Christie's auction house closes NFT department: is there a warning signal for the digital art market's retreat? <OpenSea announces TGE officially in Q1 next year: 50% of $SEA allocated to the community, 50% of platform revenue for token buyback…> This article was first published on BlockTempo “BlockTrend - The Most Influential Blockchain News Media.”