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OpenSea’s $SEA token aims to redefine NFT governance and community power

Source: CoinWorld
OpenSea will launch its native governance token $SEA in October, along with a $1 million NFT vault funded by the platform’s 50% fee. The token will enable holders to influence protocol upgrades and financial decisions, while the flagship series vault will reward active users with NFTs from top series such as BAYC and Pudgy Penguins. The platform also launches cross-chain transactions and mobile applications to improve accessibility. Although current trading volumes are still well below the 2021 peak, daily activeness surged nearly fivefold to $17.4 million after the announcement.
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