OpenSea Postpones SEA Token Debut, Cancels March 30 Event and Cuts Fees

OpenSea CEO Devin Finzer said the SEA token debut planned for March 30 has been delayed due to difficult crypto market conditions. From March 31, OpenSea will set token trading fees to zero for 60 days and will end the current rewards wave as its final phase. The company will also offer an optional refund of certain fees from rewards waves 3–6, with different treatment for users' Treasures at the future TGE.