By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
crypto keynote usa black crypto keynote usa black
  • Home
  • Latest News
    Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA
    BitcoinEthereum

    Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA

    Major cryptocurrencies held firm on Christmas Day and retained the gains made…

    By Crypto December 27, 2024
    Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA
    News
    Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
    News
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA
    Bitcoin at ,500: Whales and on-chain data refute the bear market
 | USA
    Bitcoin
    Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
    Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
    Bitcoin
    Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
  • Binance
  • Bitcoin
  • BNB
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Mining
  • NFT
  • Altcoin
  • Download Now
  • Download Camtasia
Reading: OpenSea: Everything You Need to Know About the Possible Airdrop | Keynote
Share
Sign In
  • bitcoinBitcoin(BTC)$104,825.00
  • ethereumEthereum(ETH)$2,574.61
  • tetherTether(USDT)$1.00
  • rippleXRP(XRP)$2.20
  • binancecoinBNB(BNB)$665.86
  • solanaSolana(SOL)$160.27
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.199942
  • tronTRON(TRX)$0.270054
  • cardanoCardano(ADA)$0.71
Crypto NewsCrypto News
Font ResizerAa
  • Home
  • Contact
Search
  • Home
  • Latest News
  • Binance
  • Bitcoin
  • BNB
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Mining
  • NFT
  • Altcoin
  • Download Now
  • Download Camtasia
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Terms Of Us
  • Disclaimer
  • Editorial Policy
  • Cookies
  • DMCA
  • Affiliates
  • Contact Us
  • About US
© 2024 Crypto Keynote USA. All Rights Reserved.
Crypto News > Blog > News > OpenSea: Everything You Need to Know About the Possible Airdrop | Keynote
News

OpenSea: Everything You Need to Know About the Possible Airdrop | Keynote

Crypto
Last updated: 2024/12/20 at 11:13 AM
Crypto Published December 20, 2024
Share
OpenSea: Everything You Need to Know About the Possible Airdrop
 | Keynote
- Advertisement -

Contents
In summaryOpenSea Foundation launchedOpenSea 2.0 previewsTraders place their betsDaily Debrief NewsletterCrypto Keynote USA

In summary

  • The OpenSea Foundation sparked speculation about a possible token airdrop following its registration in the Cayman Islands.
  • OpenSea 2.0, not yet officially released, has raised expectations with waiting lists and reward-focused beta features.

Three years after an NFT craze that drove monthly trading volume to billions of dollars and put the Bored Ape Yacht Club on The Tonight Show, collectible tokens are gaining momentum again, as is the popular marketplace from NFT OpenSea.

NFT trading volume recently hit a three-month high, and after marketplace competitor Magic Eden concluded its own ME airdrop, speculation is mounting over a possible OpenSea token.

The market may or may not be hinting at it, recently asking X (formerly Twitter) followers “How long have you been using OpenSea?” Many traders took it as a clever gesture toward user loyalty, typically a key metric used by platforms to determine token airdrop allocations.

- Advertisement -

More Read

Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA

Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA

Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA

Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA

Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA

Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA

so… how long have you been using OpenSea?

— OpenSea (@opensea) December 5, 2024

The company’s biggest competitors, Blur and Magic Eden, have completed airdrops to their respective users, with the latter sending over $700 million in airdrops to users a week ago. OpenSea once led the NFT world after raising funds following a $13.3 billion valuation in 2022, but has since fallen sharply as new challengers have taken control.

Here’s everything we know about the possibilities of an OpenSea token and the speculation surrounding the event.

OpenSea Foundation launched

Most of the speculation about a possible OpenSea token airdrop comes from a recent presentation in the Cayman Islands for an “OpenSea Foundation.”

The presentation generated immediate interest among Cryptocurrency participants, highlighted by a post by the character Wale.Swoosh that garnered over 1.4 million impressions on X.

Often, cryptocurrency organizations create a foundation as a separate entity from their more established, consumer-oriented brand. Historically, these foundations become the organizing bodies that communicate and facilitate the distribution of tokens.

Although registering a foundation does not guarantee that a token will be created, other organizations that have recently provided users with tokens through airdrops have done so through their respective foundations.

Recent examples include the ME Foundation for Magic Eden or the Network Movement Foundation for the Ethereum Movement layer-2 network.

- Advertisement -

An OpenSea spokesperson confirmed to Decrypt that the foundation is indeed a registered entity, but did not comment further on any association with OpenSea.

OpenSea 2.0 previews

While many NFT traders have urged OpenSea to launch a token in recent years, speculation around a possible token peaked in November.

At the time, OpenSea opened a waiting list for a completely reinvented marketplace called OpenSea 2.0, after the one-time leading NFT platform reduced its team in an effort to be more agile and rethink its model.

“We have been quietly working on OpenSea,” Devin Finzer, CEO and co-founder of OpenSea, posted on X. “To truly innovate, sometimes you have to take a step back and reimagine everything.”

Shortly after the waitlist opened, early OpenSea 2.0 beta users began sharing snippets of new features that only fueled speculation about the token.

5. Retro Active Rewards

If you engaged with Opensea in the past, you will be rewarded.
How and in what measure is still TBD

— john.weth (@johnweth_) November 9, 2024

In a thread that received over 360,000 views on to what extent.”

OpenSea 2.0 was expected to launch sometime in December, although no update has been provided so far. To date, their waitlist has collected over one million wallets.

- Advertisement -

Traders place their bets

Although details about a token drop are unknown, cryptocurrency bettors believe the chances of an OpenSea airdrop are increasing, according to prediction markets on Polymarket.

For example, the odds of an OpenSea token announcement before the end of 2024 are now 27%, up from 9% in the last week.

Another market that allows users to bet on an OpenSea token airdrop before April 2025 is currently trading 82% in favor, following a 19% rise in the last day. So far, only $51,000 has been bet on the market.

As for the token’s success, over $2 million has been staked on Polymarket in a market predicting whether an OpenSea token will trade at a fully diluted valuation of over $1 billion a week after its launch.

Odds in the market have decreased by 1% in the last week, with traders setting the probability at 55%. The market will settle 50-50 if a token is not launched by December 31, an achievement that seems increasingly unlikely.

Edited by Andrew Hayward

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Crypto Keynote USA

For the Latest Crypto News, Follow ©KeynoteUSA on Twitter Or Google News.

- Advertisement -

Advice to the Reader

Disclaimer: Please note that the information provided on this page is for News purposes only and should not be considered investment or trading advice. ©Crypto.keynoteusa.com strongly recommends that you conduct independent research and/or consult with a qualified professional before making any investment decisions.
Share This Article
Facebook Twitter Email Copy Link Print
By Crypto
Follow:
An Associate Keynote USA News Editor covering the latest news in search and social media for Search Engine Journal. We are exceptionally happy for you since you are passing with us your significant time.
Previous Article Altcoin season fades after crypto crash
 – Crypto Altcoin season fades after crypto crash – Crypto
Next Article Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA Bakkt (BKKT) shares rise 186% after rumors of purchase by Trump Media Group | USA
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Popular News
Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market
 | USA
Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA
Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%?
 | USA
Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish
 | USA
Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA

Recent Posts

  • Cryptocurrencies retain gains on Christmas: Bitcoin and Ethereum lead global market | USA
  • Meme Cryptocurrencies Lead the Market in 2024: How Did They Achieve Gains of Up to 9,695%? | USA
  • Roaring Kitty moves the market: GameStop (GME) and meme cryptos skyrocket after a simple Christmas wish | USA
  • Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA
  • Bitcoin at $95,500: Whales and on-chain data refute the bear market | USA

Recent Comments

No comments to show.
- Advertisement -

We inform crypto interested users of the latest crypto currency market trending news, like BTC, ETH, BNB coin, ADA Coin, Altcoin, Blockchain, Crypto Mining, NFT, Crypto digital coin pricr, and other digital currency news and updates. if you have any questions, you can contact us.

crypto keynote usa banner 1

Crypto News

  • Binance
  • Bitcoin
  • BNB Coin
  • Blockchain
  • Ethereum
  • Cryptocurrency
  • Mining
  • NFT
  • Altcoin

Useful Link

  • My Bookmarks
  • Customize Interests
  • Contact Us
  • About US
Crypto NewsCrypto News
Follow US
© 2024 Crypto Keynote USA. All Rights Reserved.
  • Privacy Policy
  • Terms Of Us
  • Disclaimer
  • Editorial Policy
  • Cookies
  • DMCA
  • Affiliates
  • Contact Us
  • About US
Welcome Back!

Sign in to your account

Lost your password?