'NFT Market' OpenSea "SEA TGE timing undecided... Key features must come first"

JH Kim

Summary

OpenSea stated that the schedule for its own SEA token's TGE (Token Generation Event) has not yet been confirmed.
OpenSea's CMO explained that several key features and platform innovations must come before the token launch.
It was conveyed that the TGE will proceed after securing core features, utility, and sustainability.

According to crypto-specialized media CoinDesk on the 29th (local time), the non-fungible token (NFT) marketplace OpenSea has announced that it has not yet finalized the TGE (Token Generation Event) schedule for its own token, SEA.

Adam Hollander, Chief Marketing Officer (CMO) of OpenSea, said, "We know there are many questions about the SEA TGE timing, but several key features and platform innovations must come first before the token launch," adding, "We plan to proceed with the TGE after utility and sustainability have been secured."