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On-chain data shows that OpenSea's token FDV has a 62% chance of reaching $10 billion at launch, according to Polymarket. The probability of hitting the $20 billion threshold is at 27%. OpenSea's valuation has dropped to $13.3 billion in 2022 following a $300 million Series C funding round. On-chain analysis indicates that the TGE (Token Generation Event) for the OpenSea Foundation is underway, with historical trading volume and Treasures data being considered in reward planning.

BlockBeats news: On January 14, according to relevant page information, the prediction on Polymarket for the event "OpenSea's token FDV exceeds $1 billion on its first day of listing" is at 62%, while the probability of it exceeding $2 billion is reported at 27%.

OpenSea's valuation has sharply declined. It previously completed a $300 million Series C funding round in January 2022 with a post-money valuation of $13.3 billion, led by Paradigm and Coatue, with participation from Tiger Global and others.

Previously reported, OpenSea's CMO Adam Hollander revealed that preparations for the Token Generation Event (TGE) of the OpenSea Foundation are underway. The foundation will carefully consider historical trading volume, and data from the Treasures reward program will be important as well.