OpenSea is set to launch its SEA token in early October as part of its strategic expansion beyond NFTs. The platform aims to become a comprehensive Web3 hub for trading NFTs, tokens, and on-chain assets. OpenSea's CMO, Adam Hollander, highlighted the company's focus on catering to both seasoned traders and newcomers, while also venturing into token trading and real-world asset tokenization. The platform has reported a 400% increase in trading volume following the introduction of its new rewards program.
OpenSea to Launch SEA Token Amid Platform Expansion
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