OpenSea's registration of a foundation has sparked speculation about an airdrop, with a new version possibly launching this month

ChainCatcher news, according to Cointelegraph, yesterday The Block co-founder Mike Dudas posted on social media revealing that OpenSea has registered a foundation in the Cayman Islands. An anonymous researcher of the Azuki NFT series, Waleswoosh, also released a screenshot of OpenSea's registration in the Cayman Islands. Typically, Web3 projects register foundations in preparation for token issuance, which has sparked speculation about an upcoming token and user airdrops.

On November 4, OpenSea co-founder and CEO Devin Finzer announced that the NFT marketplace is planning a comeback. Although Finzer revealed few details, he promised that the revamped OpenSea will launch in December. Matter Labs' community manager "Golem" expressed hope that OpenSea would reward its early users and stated 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 like Blur and Magic Eden by issuing tokens to incentivize users.

OpenSea is trying to win back users from competitors and announced zero transaction fees on February 18 this year, attempting to reclaim the ground lost to Blur and Magic Eden.