OpenSea Delays SEA Token Launch, Boosts Platform Activity
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
OpenSea Co-founder Delays Token Launch, Introduces Zero-Fee Trading Period
OpenSea co-founder Devin Finzer announced a delay in the launch of their SEA token, initially planned for March 30th, due to challenging crypto market conditions. The company aims to ensure everything is ready and meet community expectations. OpenSea is ending its current rewards campaign, offering users a choice for refunds on platform fees or retaining Treasure rewards for future token allocations. To boost platform activity, OpenSea will temporarily reduce token trading fees to zero percent for sixty days starting March 31st. Finzer emphasized the companys long-term goals, including making non-custodial crypto easy on mobile and protecting the communitys trust.
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