OpenSea has delayed the launch of its SEA token, initially set for the first quarter of 2026, with no new date announced. CEO Devin Finzer cited the challenging crypto market environment as a reason for the postponement, emphasizing the need for thorough preparation before the token generation event. The SEA token plan, revealed last October, includes allocating 50% of the supply to the community and using half of platform revenue for token buybacks. The current reward campaign will be the last before the token's eventual release.
OpenSea Postpones SEA Token Launch Amid Market Challenges
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