Probability of OpenSea Token's FDV Dropping Below $10 Billion After First Day of Trading

BlockBeats News, January 14th, according to information on the relevant page, the prediction market on Polymarket gives a 62% probability to "OpenSea Token surpassing a $10 billion FDV on its first day of trading," with a 27% probability of exceeding $20 billion.

OpenSea's valuation has plummeted significantly. Previously, in January 2022, it achieved a $13.3 billion post-money valuation in a $300 million Series C funding round led by Paradigm and Coatue, with participation from Tiger Global.

Earlier reports revealed that OpenSea's CMO, Adam Hollander, indicated that preparations for OpenSea Foundation's Token Generation Event (TGE) are underway. The foundation will take historical trading volume into consideration, with a key focus on the Treasures data in the reward plan.