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OpenSea's upcoming SEA token aims to strengthen community rewards, staking, and governance as part of a broader platform evolution.

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OpenSea Chief Marketing Officer Adam Hollander has denied a widespread rumor that the NFT marketplace was planning a $150 million SEA token sale on Coinbase, describing the circulating post as “fake.”

Speculation arose after a parody X account stated that Coinbase had deleted a social post teasing a $150 million SEA token sale, leading to assumptions that OpenSea would launch a token offering on the exchange next week. The claims quickly circulated across X and Telegram.