OpenSea shared a mysterious post on X yesterday, teasing a potential “new OpenSea” set to arrive in December 2024.
Speculation suggests that it may involve an OpenSea airdrop token, despite past hints about going the IPO route.
While other major NFT marketplaces have already launched their own tokens, OpenSea has not yet done so. However, a leaked screenshot of OpenSea’s private beta revealed a user leaderboard that tracks rewards for usage, which was retweeted by the official OpenSea X account.
If OpenSea does end up launching a token, it may be too little too late as the NFT market is currently in a downturn with a 97% decrease in total market cap from its peak in 2022.
The points meta was popular in early 2024, but has since faded, making the idea of a points program based on NFT trading unlikely.
