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OpenSea: New OS2 platform to offer cross-chain crypto token trading

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by Giorgi Kostiuk

10 months ago

OpenSea introduces the new OS2 platform, offering crypto token trading across multiple blockchains, while planning to distribute $SEA tokens to users.

OpenSea Expansion with OS2 Platform

OpenSea has released an upgrade, introducing the OS2 platform that allows users to trade crypto tokens on new blockchains. The project aims to unify tokens and NFTs in a single, powerful, and enjoyable experience.

This represents an expansion of OpenSea from an NFT marketplace to a much broader platform for trading all types of cryptos. We think tokens and NFTs belong together in a single, powerful, delightful experience.Devin Finzer

Plans for Distributing $SEA Tokens

OpenSea's new trading platform will support cross-chain token purchases and initially offer lower fees for its users. The OpenSea Foundation, based in the Cayman Islands, promises to distribute $SEA tokens, but details of the distribution are yet to be revealed.

Community Support via OS2 and $SEA Tokens

James Hu, the general manager of the OpenSea Foundation, believes the new platform and token will help grow the community and improve the OpenSea ecosystem. The presence of the $SEA token should increase the incentive for community involvement and support of the NFT ecosystem. Despite a reduction in trading volumes compared to record highs in 2021, OpenSea continues to evolve.

The OS2 platform and $SEA token represent a strategic move for OpenSea to strengthen the community and offer broader trading capabilities for cryptocurrencies and NFTs.

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