Odaily News: OpenSea announced that it will host an online livestream event on March 30. During the event, it will unveil its latest product developments and future direction, stating that this event will mark the beginning of OpenSea's "next chapter."
Addressing community speculation about the TGE timing, OpenSea CMO Adam Hollander stated on Discord that there have been no changes since the last official statement, and no further information can be disclosed at this time.
Odaily News The U.S. Department of Justice will not retry the insider trading case against Nathaniel Chastain, a former manager at NFT platform OpenSea. The Manhattan federal court received a notice from prosecutors on Wednesday, stating that a deferred prosecution agreement had been reached with Chastain and the case will be dismissed in one month.
Previously, Chastain was convicted in 2023 of wire fraud and money laundering for using his position to purchase NFTs that were about to be featured on OpenSea's homepage and selling them for profit after their prices increased. However, a federal appeals court overturned the conviction in July of this year, ruling that the jury had received incorrect instructions and that the NFT homepage data did not constitute commercial value, thus failing to meet the definition of property under federal wire fraud laws.
Manhattan U.S. Attorney Jay Clayton stated that, considering Chastain has already served three months in prison and has agreed not to contest the forfeiture of 15.98 ETH valued at $47,330, the decision was made not to retry the case. (Cointelegraph)
Odaily News OpenSea CMO Adam Hollander posted on the X platform, stating that OpenSea is intensively advancing the construction and testing of new products. This includes the OpenSea mobile app and the trading experience related to Hyperliquid perpetual contracts. Extensive testing has already been conducted with active traders and collectors to gather feedback. The goal is to unify and integrate all of a user's assets, positions, wallets, and multi-chain portfolios, enabling one-stop management on mobile devices.
Hollander also reminded users to connect and link their wallets on OpenSea as early as possible. This will not only unlock the portfolio asset management experience on mobile but will also help the foundation more comprehensively assess users' on-chain history and current activity levels in the upcoming TGE. He stated that preparations for the foundation's TGE are underway. Historical trading volume and Treasures from the reward program will be taken into significant consideration. Furthermore, this reward program will continue until the TGE, with half of the transaction fees from each round going into the reward pool.
According to Odaily Planet Daily, OpenSea CMO Adam Hollander posted on the X platform that OpenSea is expanding its marketing team and is currently recruiting a Head of Social Media. This person will have an entrepreneurial spirit and strategic ownership of our social channels. The right candidate needs to have deep cultural experience in our field and be able to deliver end-to-end results from concept to execution and evaluation.
In addition, regarding the question raised in the comments section about whether the recruited candidate would fulfill Adam's responsibilities, the response stated that the actual responsibilities of the Marketing Head cover various areas including social media, public relations/communications, editing, physical events, digital events, product marketing, educational content, business development/partnerships, rewards, search engine optimization/ad optimization, paid media, and creative work.
According to Odaily Planet Daily, in response to Door's previous post claiming that "Coinbase leaked OpenSea's $150 million public offering," OpenSea CMO Adam Hollander commented, "Fake."
