OpenSea platform token SEA confirmed to launch in Q1 2026, with 50% of the supply allocated to the community and 50% of platform revenue to be used for SEA buybacks.

BlockBeats News, October 18, OpenSea co-founder and CEO dfinzer.eth posted on social media to introduce the upcoming token from the OpenSea Foundation—SEA.

dfinzer.eth stated that integrating SEA into OpenSea will be an opportunity for OpenSea to showcase its vision to the world, and it is by no means a token that will be abandoned after issuance. Specific information includes:

· Timeline: SEA will be launched in the first quarter of 2026

· Distribution mechanism: The foundation confirms that 50% of the supply will be allocated to the community, with more than half of that distributed through initial claims. Early platform users and participants in the rewards program will be given significant consideration

· Tokenomics: At platform launch, 50% of revenue will be used to buy back SEA

· Use cases: SEA will be deeply integrated into OpenSea, supporting staking SEA for favorite tokens and collectibles