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There are two massive issues with @opensea communication right now regarding $sea.
1. TGE Details were supposed be announced already.
They did not come through on that promise. So marketplace participants are still operating without those details.
2. They are being intentionally vague about terminology in relation to phases, seasons and if treasures($sea) will be included in future seasons.
So for all of us deep in chests, we actually don’t know what will happen after this season is over regarding $sea.
Any clarity would be great @HollanderAdam!!
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Opensea Chests and $SEA - ULTIMATE GUIDE
I read every single @HollanderAdam xeet about OpenSea Chests and made the ultimate guide for you.
1. Chest and Treasures
1A. CHESTS:
- These are two seperate reward systems.
- Chests are what we're farming right now.
- They can contain multiple NFTs and Tokens i.e ( $op, $pnkstr)
- All chests can discover grand prizes, higher level chests have a SIGNIFICANTLY better chance of finding them.
- They do not contain $sea perse.
- However they will contain a TREASURE, which will be meaningfully considered by the Foundation at TGE.
1B. TREASURES:
- Treasures are separate items from chests.
- The Foundation @openseafdn will handle the evaluation of Treasures at TGE and manage them separately from the rewards program.
- Treasures from previous seasons will be treated separately via the Foundation.
- Treasures = $sea (my words).
- The higher level your chest is, the better your treasure will be. (more $sea)
2. Historical Users
- Historical activity, volume and loyalty will be meaningfully considered by the Foundation at TGE – but is separate from our rewards program.
3. TGE
- Season one ends Oct 15 and is the FINAL PRE-TGE PHASE OF REWARDS
-chests will open very shortly afterwards once data is checked and final.
- tge details = committed by early October by Foundation (still no tge details, I assume this will happen after season 1)
TL:DR
- Chests will contain sea in the form of treasures, the higher your chest = the more $sea you get.
- This is the final phase before tge, so I assume a large allocation of $sea will be in the chests.
- Historical users will have their own allocation of $sea separate from chests.
Hope this helps clears everything up, let me know if I missed anything.
48 hours remain.
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