Yesterday, TheBlock co-founder Mike Dudas posted on social media that OpenSea has registered a foundation in the Cayman Islands, and Waleswoosh, an anonymous researcher of the Azuki NFT series, also released a screenshot of OpenSea's registration in the Cayman Islands. Usually, Web3 projects register foundations in preparation for coin issuance, and this move has sparked speculation about the upcoming launch of tokens and user airdrops.
On November 4, Devin Finzer, co-founder and CEO of OpenSea, announced that the NFT market is planning a comeback. Although Finzer revealed few details, he promised that the revamped OpenSea will be launched in December. Matter Labs' community manager "Golem" expressed the hope that OpenSea would reward its early users and said that OpenSea has the opportunity to reverse its current competitive disadvantage in the NFT market. Community users generally speculate that OpenSea may follow the practices of competitors such as Blur and Magic Eden and issue tokens to incentivize users. (Cointelegraph)