The OpenSea Foundation has announced the upcoming launch of the SEA token, which will be used to reward active and loyal users of its NFT marketplace and Seaport protocol. Users will not be required to complete KYC verification, and US users will be eligible to participate in the airdrop. The token launch coincides with the relaunch of OpenSea's marketplace, called "OS2," which will support fungible token trading alongside NFTs. OpenSea aims to build a long-term platform that feels and operates in the Web3 environment and sees the token as a key ingredient in the future of its product. The launch of the SEA token and OS2 is part of a broader overhaul of OpenSea, as the company aims to reinvent itself and regain its dominance in the NFT market. OpenSea plans to become a single platform for all sorts of token trades and aims to welcome new and old users with rewards.



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