OpenSea Rolls Out OS2, Upgrades XP Rewards Program
OpenSea has exited beta, introducing cross-chain trading and the new Voyages system for XP rewards. The SEA token rollout has been delayed pending the addition of new mechanics.
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OpenSea, a leading NFT marketplace, has concluded the closed beta of its upgraded OS2 platform and disclosed new details about the upcoming launch of its SEA token. Users now have access to token trading across 19 blockchains, including Ethereum, Solana, Base, and Ronin. However, the token generation event (TGE) has been postponed until key features are implemented.
Alongside the OS2 release, the team introduced the Voyages rewards program, enabling users to earn XP for performing basic actions on the platform, ranging from NFT trading to cross-chain swaps. These points are expected to influence SEA token distribution in a future airdrop, with the Foundation also promising separate allocations for retroactive activity.
OS2 Exits Beta and Expands Capabilities
OpenSea’s upgraded platform features a redesigned interface and full support for NFT and token trading across 19 networks. New tools include instant swaps, cross-chain minting, and advanced analytics. Additionally, the team reports improved transaction speeds and reduced fees.
OS2 is the foundation for the next generation of OpenSea. We’ve rebuilt the platform from the ground up to become the best destination for everything on-chain, from NFTs to tokens, across chains and communities,
said Devin Finzer, OpenSea co-founder and CEO.
Users now have unrestricted access to all tokens across supported networks, lifting the limitations of the beta version. The platform has discontinued its legacy version, shifting entirely to the OS2 experience.
Related: OpenSea Seeks SEC Guidance on NFT Marketplace Legal Status
Voyages Program and SEA Airdrop Plans
Voyages is a quest-based system that rewards users with XP for interacting with new features. Tasks range from low-cost to high-volume actions, making the program accessible to a wide user base.
As someone who’s spent the last four years trading in the trenches right next to you, I know what it’s like to want a $SEA airdrop,
wrote OpenSea CMO Adam Hollander in a blog post.
According to Hollander, the Foundation will allocate a separate pool for past token traders, though the exact XP-to-SEA conversion formula has not yet been revealed.
Related: “We Won’t Be Bullied”— Devin Finzer Speaks Out on OpenSea Rewards
NFT Market Conditions and Competitive Landscape
After reaching a peak of $3.2 billion in weekly volume in August 2021, the NFT market has declined, with current figures at around $109 million. The downturn has pushed OpenSea to diversify its offerings beyond traditional collectible assets.
The emergence of rivals like Blur and Magic Eden has displaced OpenSea in certain market segments. However, with the rollout of OS2, the platform has reclaimed the lead in Ethereum-based trading volume.
In a market where success depends on delivering real utility and a seamless user experience, OpenSea is positioning itself as a unified hub for both NFTs and tokens. The company aims to retain users through long-term reward systems.
Related: OpenSea Reclaims Its Throne – Market Share Climbs to 78.5%
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