Foreign media: OpenSea’s registration in the Cayman Islands sparks speculation that it may be preparing for an airdrop

PANews reported on December 17 that according to CoinDesk, NFT trading platform OpenSea registered an entity in the Cayman Islands, sparking speculation that it may be preparing to conduct a token airdrop. Waleswoosh, an anonymous Azuki researcher and X platform user, posted a screenshot of the OpenSea registration . The registration information appeared at the Cayman Islands General Registrar and was also confirmed by OpenSea to CoinDesk.

The post sparked speculation as to whether the move was a step toward issuing tokens in a more crypto-friendly jurisdiction than the United States. A dashboard created on Dune allows OpenSea users to examine their historical activity to estimate the value of potential airdrops. OpenSea declined to comment on whether it will launch a native token.

OpenSea plans to launch OpenSea 2.0 this month, and more than 1 million independent wallets have signed up to join the waiting list. The new platform has a “retro” section that rewards users’ historical activities in the form of “points.” This year, point leaderboards have become a common way to airdrop tokens to users, incentivizing continued activity and loyalty. However, there is currently no indication that OpenSea plans to take this approach.