The round of discussions about NFT Market Opensea’s Sea Token has intensified again. About three months ago Opensea Had announced the launch of its OS2 beta version and new Sea Token. Since then, this issue has been continuously warm among the Crypto Community. Now the biggest question is, which users will get the aircraft of Sea Token and who will not?
Old users vs new users: Who is more entitled?
The community of Opensea is divided into two parts. One side believes that users who have already traded the platform and have given large amounts of transaction fees are the real entitled. While the other side says that Opensea should give rewards to users who are active on OS2 platform and are earning XP (Enjoy Issues).
GMDAO founder Cyphr wrote in an X (first Twitter) post:
“The only criterion for SEA Airdrop should be the old fees given to Opensea. There is no business value of the useless task made to earn XP.”
His argument was supported by many old investors and said that the platform should get the same users rewards who initially strengthened Opensea.
Criticism of XP Machine
Cyphr and many other old users have criticized the XP Machine of OS2. They believe that XP only increases showy activity, does not give real value. He says that XP crates do not increase the trading volume, but is “activity of meaningless”.
New users reversed
On the other hand, Moodz, co-founder of Temper Labs, kept a different view. He said:
“The old fees have no contribution to the business now. Older users will sell tokens after taking the aircraft and will never come back again. We want users who are using Opensea right now.”
The Cyphr retaliated on this argument and said that it is wrong to assume that the old users will go away by selling tokens, while the new users will not do so.
Opensea silence
So far, Opensea’s team has not clarified which criteria SEA TOKEN AIRDROP will be based.
Users “brandzo” wrote:
“Opensea Kaito’s Mindshare has come on #2. Perhaps there can be a big announcement now. Sea Token has been announced by three months, now it should be given update.”
The community is constantly demanding transparent and clarity from Opensea.
Regulatory Relief: SEC stopped investigation
According to the report of Beincrypto, the US Securities and Change Fee (SEC) has recently discontinued the ongoing investigation on Opensea. SEC has decided that he NFT Do not consider security and no action will be taken on Opensea.
This regulatory clearance is now like the removal of the last obstacle in the way of the launch of Sea Token. This has increased the expectations of investors that Opensea may soon make an announcement on aircraft and token distribution.
Fall in trading volume
Opensea may have got a chance to get into the discussion again, but its trading volume has declined significantly. Despite a reward system like XP, the weekell -trading volume of the platform has now come down 90% from its peak. This raises the question whether XP Machine is really working or is just increasing showy activity?
Will the Sea Airdrop dispute increase further?
The entire NFT population is now divided into two votes regarding Opensea’s Sea Token. On the one hand, loyal are old users who want respect for their contribution, on the other hand there are new active users who are giving priority to the current participation. Opensea’s next announcement can prove to be very important on who will get the distribution of Sea Token. If transparency and balance are not kept, this debate and controversy can be even faster.
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