OpenSea wants to do an Airdrop? The preview of version 2.0 has been criticized for PUA. Let's fill in this waiting list first.

Opensea announces version 2.0

On November 4th, the globally renowned Non-fungible Token platform OpenSea released a mysterious teaser video. In the video, a sailing ship signifies the upcoming launch of version 2.0 platform in December.

Image source: X Opensea official announcement

In the tweet, OpenSea has simultaneously opened the registration for the waiting list, which immediately sparked various speculations within the community regarding coin issuance, Airdrop, reward mechanisms, etc. This article will analyze the potential highlights and market impacts of this update in depth.

OpenSea co-founder and CEO Devin Finzer revealed that the development of the new version of OpenSea had started a year ago, and this is not just a simple feature update, but a 'complete rebuild' from scratch: 'True innovation sometimes requires us to take a step back and rethink the entire framework.'

Points Program and Reward Mechanism

Researcher Azuki revealed that the new version of OpenSea may introduce leaderboards and XP point system. His tweet was retweeted by the official OpenSea account, leading many users to speculate that the long-awaited 'Opensea Airdrop' is likely to be coming soon.

Image source: X wale.moca's leaked tweet.

Looking back at the competitive history of Non-fungible Token platforms, since October 2022, the Non-fungible Token aggregation trading platform Blur has attracted a large number of users through the incentive mechanism of Token $BLUR. Recently, Magic Eden, a well-known Non-fungible Token trading platform founded on Solana, has also started to attract users through 'BCD' rewards and Token Airdrops.

Compared to that, Opensea's progress seems particularly slow, especially after the NFT market entered a Bear Market. Now it is only preparing to launch a reward program. Whether it can save the bleak NFT market and platform volume, many people are not optimistic.

Considering that OpenSea is based in the United States, it recently received a Wells notice from the Securities and Exchange Commission (SEC), so there is a certain difficulty in the issuanceToken, and how the incentive mechanism will be launched in Compliance is the focus of market follow.

Community speculation: Airdrop activity, new features

Regarding the Airdrop campaign, in April of last year, OpenSea launched the Pro version and the 'Gemesis' Non-fungible Token series after acquiring the market aggregator GEM. Some people believe that this series of Non-fungible Tokens may be related to subsequent reward programs, which briefly drove the Floor Price of the Non-fungible Token to 0.025 ETH, but it has since dropped to 0.0127 ETH at the time of writing.

In terms of new features, in October of this year, OpenSea just announced a partnership with Base's game ecosystem B3 Chain, which also led many users to speculate that Opensea's next step is to attract more game-like Non-fungible Token projects. Considering the recent ApeChain developed by the well-known Non-fungible Token series 'Bored Ape', Opensea may even create its own 'Non-fungible Token, Web3 game blockchain'.

In addition, many netizens have called for Opensea to add features such as Bitcoin sequencing, fragmented Non-fungible Tokens, Non-fungible Token Launchpad, etc. However, the above speculations have not been officially confirmed.

Fill up this "waiting list" first

Whether Opensea plans to launch a rewards program or not, you still need to fill out the official Waitlist released to avoid missing out on future opportunities.

The way to fill out is also very simple. Click this link (Opensea Waitlist) to go to the list page, link Wallet (recommended to use the most frequently interacted Wallet on Opensea in the past), and fill in the E-mail.

Image source: OpenseaOpensea waiting list page

Despite the possibility of integrating from point system, GameFi to fragmented Non-fungible Tokens, the recent update of OpenSea is undoubtedly eye-catching. However, considering the continued downturn in the Non-fungible Token market, and the competition from platforms such as Blur, Magic Eden, etc., the challenges faced by Opensea can be described as extremely daunting.

Many users also mock Opensea for just "PUA" of BTC. Looking back at the peak of the non-fungible token market, the community has repeatedly suggested that Opensea introduce a reward mechanism, but the platform has refused to communicate with users and has unilaterally launched various functions that are not helpful to the community, ultimately leading to a serious loss of users: "Now that the non-fungible token market is in a slump, thinking about doing a reward program is already a dying struggle."