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Cryptocurrency News Articles

OpenSea Unveils OS2, a Completely Reimagined Platform That Expands Into Token Trading

Feb 13, 2025 at 10:15 pm

MIAMI, Feb. 13, 2025 /PRNewswire/ -- OpenSea, the world's first and leading NFT marketplace, today launched OS2, a complete rebuild of its platform with cross-chain token trading.

OpenSea Unveils OS2, a Completely Reimagined Platform That Expands Into Token Trading

OpenSea, the leading NFT marketplace, has unveiled OS2, a complete rebuild of its platform that now includes cross-chain token trading. The platform features upgrades to every surface of the marketplace, offering users a faster and more seamless experience for NFTs.

The platform also includes new chains, better ways to search and explore, marketplace aggregation, cross-chain purchasing, and lower fees at launch. OS2 is the most significant update in OpenSea's history.

Together with the launch, the OpenSea Foundation, a Cayman Islands-based foundation, has announced $SEA, a new token that will be used to reward and engage NFT users.

"This marks an expansion of OpenSea from an NFT marketplace to a much broader platform for trading all types of digital assets. We think tokens and NFTs belong together in a single, powerful, and delightful experience," said Devin Finzer, Co-founder and CEO of OpenSea. "Our community of beta testers have been pushing on speed, reliability, and quality as they battle-tested the platform. The result is something that finally feels right — a single home for all your digital assets that just works."

OS2 introduces several key features, including:

In addition, the OpenSea Foundation today announced the upcoming launch of $SEA, a token designed to support engagement within the NFT and broader crypto ecosystem. $SEA holders will be able to utilize the token on OS2.

While the Foundation has not released details on the timing of $SEA, they will be taking learnings from the space and focusing the token's utility on driving long-term sustainability.

$SEA will also act as a new means to recognize active and loyal users of the platform, as well as historical users who have been a part of the OpenSea community since its early days.

"The OpenSea Foundation is excited to announce the $SEA token, which will mark a major step in empowering our community and fostering the OpenSea ecosystem and the Seaport Protocol on which it operates," said James Hu, General Manager of the OpenSea Foundation. "$SEA is designed to encourage greater community engagement and support the next chapter of the NFT ecosystem."

OS2 is accessible at opensea.io/os2. For full details on OS2, visit OpenSea's blog. To stay informed about the upcoming launch of $SEA, follow @openseafdn on X.

About OpenSeaHeadquartered in Miami, OpenSea is the world's first and leading peer-to-peer marketplace for NFTs. Our mission is to build the world's most trusted and inclusive NFT marketplace with the best selection. As a hub for digital art, collectibles, tokens, and unique on-chain items, OpenSea is a one-stop shop for everything on-chain.

Your gateway to Web3, now with tokens and NFTs all in one place. To date, the platform has facilitated billions of dollars in transaction volume and continues to be at the forefront of shaping the future of digital ownership. For more information, please visit opensea.io.

About the OpenSea FoundationThe Cayman Islands-based OpenSea Foundation is dedicated to supporting the research, development, and growth of NFT marketplace protocols such as the Seaport Protocol and related technologies.

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Other articles published on Feb 14, 2025