Participating in the OpenSea treasure chest may face huge losses 🔥 In September, when @opensea announced the first season of the journey, I thought it was an opportunity with the potential for substantial returns, as well as the last chance to participate in $SEA. However, this week, based on DUNE data, the number of participating user wallets surged, leading to significant variability in the participation level and odds of the treasure chests. Currently, referring to the indivisible rewards in the prize pool (NFTs), out of 549 NFTs, only 91 are worth over 1 ETH, which means the expected return from these NFTs is about 3800 U, such as high-priced NFTs like BAYC @pudgypenguins @moonbirds. But the problem is that over 750+ wallets have already paid fees exceeding their costs, and not every treasure chest guarantees a high-priced NFT. In addition to the lack of transparency in rules and probabilities, this may lead to an inability to recover costs. Of course, lower-tier treasure chests might still yield high-priced NFTs for lucky players. The high-tier treasure chests Ruby, Ember, and Solar currently have no advantages based on available information, meaning only 9% of the 750+ wallets can break even. This season, I have already lost about 5000 U on the treasure chests, and with such low odds, I have almost no hope of breaking even, which is assessed based on real data. Of course, you might also obtain something worth 20 WU, but the current probability is 1 in 200,000, approximately 0.0005%, which is even lower than the odds of drawing an SSR card in mobile games. The only silver lining is that there are many token rewards that can be divided, which basically allows for the expectation of recovering 50% of the costs, with the remainder being the expected $SEA airdrop. After all, real data is always more reliable than market sentiment, so I advise players who want to jump in to carefully assess the risks and not follow the crowd blindly.