OpenSea Drops Massive Rewards: Free NFTs & Tokens!
45sThe announcement of a new rewards campaign with millions in free NFTs and tokens is highly engaging for crypto enthusiasts.
▶ Play Clip"Delivers on the rewards campaign details, but the 'millions' claim is speculative and padded with personal portfolio talk."
The video covers major announcements from OpenSea, including a new rewards campaign, mobile app, AI integration, and the use of platform fees to buy NFTs and tokens. It also discusses the Cyber Kongz token airdrop, recent NFT market movements, and several collections the creator is watching.
OpenSea is launching a mobile app that integrates with the web version. A beta waitlist will be available in the coming weeks, with potential XP rewards for testers.
AI-native trading and portfolio management built into OpenSea Mobile, using MCP infrastructure. It can answer queries like floor prices, volume, and owner info.
OpenSea is spending $1 million to buy NFTs, currently owning a CryptoPunk and a Pudgy Penguin, likely targeting blue traits to match brand colors.
OpenSea announced that TGE info will drop in October, hinting at a token launch in Q4. The creator speculates it's the 'final phase of rewards'.
OpenSea will use 50% of platform fees to buy NFTs and tokens, giving them away as rewards. This could cause positive price action and benefit traders.
NFT trading fee doubled from 0.5% to 1%, but still lower than OpenSea 1's 2.5%. Token swapping fee is 85%.
Starting September 15th, users get a starter chest. Upgrading via tasks, trading, and daily voyages can lead to better rewards, including high-value NFTs.
Cyber Kongz is rebranding their Banana token. NFT community airdrop for traders who bought $10k+ in NFTs on OpenSea as of 2023, with tiers of 1,650 or 11,250 Kong.
Shrimpers mint was successful, trading at 0.2 ETH. Lamu is next. Pudgies back above 10 ETH. Creeps saw a suspicious sweep of 47 NFTs.
Creator is debating selling Bored Ape for more Moonbirds, seeing more upside. Also watching Genesis collection and Mega ETH collections like Bad Buns and Maggalio.
OpenSea's aggressive rewards campaign and fee reinvestment could significantly impact NFT markets. The creator plans to increase trading volume to maximize rewards, while remaining cautious about speculative collections.
What is the new NFT trading fee on OpenSea?
1% (doubled from 0.5%)
03:51
How much is OpenSea spending on its flagship collection?
$1 million
02:02
What percentage of platform fees does OpenSea use to buy NFTs and tokens?
50%
03:23
When does the rewards campaign go live?
September 15th
05:29
What is the minimum purchase to qualify for the Cyber Kongz airdrop?
$10,000 in NFTs
09:05
How many Kong tokens do you get for buying over $100,000 in NFTs?
11,250 Kong
09:20
What is the name of the AI feature built into OpenSea Mobile?
OpenSea Intelligence
01:10
What is the fee for token swapping on OpenSea?
85%
03:51
Which NFT collection had a successful mint recently?
Shrimpers
11:33
Fee Reinvestment Strategy
OpenSea's decision to use 50% of fees to buy NFTs and tokens is a novel approach that could boost market liquidity.
03:23Rewards Campaign Mechanics
The tiered chest system encourages trading volume, which could drive significant activity on the platform.
05:29Cyber Kongz Airdrop Criteria
The airdrop rewards past traders, but only those who bought NFTs, not just volume, which is a specific metric.
08:23Shrimpers Mint Success
A free mint with a whitelist phase trading at 0.2 ETH shows the potential for profitable flips in the current market.
11:33Portfolio Diversification Strategy
The creator's debate between Bored Ape and Moonbirds highlights the importance of assessing upside potential in NFT investments.
13:22[00:01] OpenC dropping a brand new rewards campaign as well as TGE info, a free Cyber Kong sty and what is happening in the world of NFTs. Ladies and gentlemen, welcome back to another Cryptogilla video, the number one NFT channel on the
[00:14] planet. As usual, I'm not a financial adviser. Hit the subscribe button and let's jump right into it. Starting off with five major announcements out of OpenC. The first of which is that we are finally getting OpenC mobile. Now, this
[00:27] is going to be a mobile app that is going to function seamlessly with the existing web version. So, whether you're going from your PC to your phone, it's actually really excited about this because I personally never use any web
[00:41] version of any tool on my mobile device. I want a dedicated app. If not, I'm not laptop with me and use a hotspot or whatever to trade, but I do not like using a web version. So, I'm really excited about OpenC Mobile. If you want
[00:55] to test it out, they are going to drop a wait list for the beta version in the next few weeks. Maybe there's going to be some XP for testers. So, definitely brings us to the second announcement, which is OpenC Intelligence, which this
[01:10] is their AI native uh trading and portfolio management. It's going to be built directly into OpenC mobile. So, that's also really cool. It's going to be using the MCP uh infrastructure, which that probably doesn't matter to
[01:23] most people, but Captain Y has been playing around with this. He built us some tools for Guerilla Labs, and it's really cool what you could do. Like here, I just asked the the tool, hey, what's the floor of Bad Buns? And it
[01:35] gives me the floor. It gives me info on the owners, like what's the volume over the past 24 hours, over the past 7 days, and so on. I could ask information about dumping or if they're buying or whatever. So, this is super powerful and
[01:49] it's really easy to use. So, I'm excited to see how they're going to incorporate this directly into the app. After that, they announced the OpenC flagship collection, which this is where they're spending $1 million buying different
[02:02] NFTts. Currently, they've bought a Cryptounk as well as a Pudgy Penguins. I noticed the theme here. They're going for blue traits to match the uh brand colors of OpenC. My guess for what they're buying next, I think they're
[02:15] going to go for this board ape. He has the sailor hat. It's all blue. He has blue glasses. The price is reasonable compared to the current floor. So, if we're putting money here, that's what I'm going to be betting on. However, I
[02:27] floor of any collection. Yes, they have a million dollars to throw into NFTts, not like they're sweeping things up and think that's going to be more with the final phase of rewards. But let's just
[02:41] jump ahead to the TGE info here because in the article that Adam released, look, it's an announcement of an announcement, but they say uh TGE info dropping in October. So, if I had to guess, and I have no alpha here, okay, I am an
[02:56] ambassador for OpenC. I got to say I have no insider, no alpha. They don't tell me anything secret. I find all this out. Even this article, the new rewards campaign, I found all of it out at the same time as you guys. Okay? So, no
[03:08] insider here, but I'm guessing we're getting the C token in Q4, especially that they're calling it the final phase of rewards. So, that's just hopeful wishing. If it happens in 2026, don't be mad at me. But, let's move on to the
[03:23] final announcement, which is that they are using 50% of the platform fees to buy NFTts and tokens, which this is really exciting for a few reasons. one, they're going to be sweeping up some floors, so it could cause some positive
[03:37] price action for NFTTS. But then two, they're giving all this stuff away for free as rewards. Now, people did point out that the new fee for NFT trading is out that the new fee for NFT trading is now 1%. So, they doubled from 0.5 to 1%,
[03:51] which this is way better than OpenC1 where it was 2.5%. However, yes, it does suck that we're paying more and uh 85% of token swapping. So, they're taking 50% of each of these. However, they're already matching it by giving away $1
[04:06] already matching it by giving away $1 million for free in Optimism and ARB tokens. Now, it's a bit hard to figure out exactly how much this is going to be. There's a few dashboards out there that show volume. However, I believe
[04:18] that show volume. However, I believe this is just volume for ETH or EVM. Now, they have Salana for tokens. They have 20 chains for NFTTS and 22 chains for tokens. So it's really hard to get this info just on NFTTS. Like if we go to
[04:33] last month here, the month of August, they have nearly 200 million in volume. So 0.5% they would have made just under a million dollars on this alone. However, if we go to some other dashboards, the info does vary. Same
[04:47] thing if we go to DeFi Lama where you kind of get everything combined. So it seems to also be talking about the decks as well as their bridging where here they do give us some info on revenue. If this information is correct and
[05:00] complete, they say in the last 30 days they made half a million dollars. So I'm guessing it's going to be anywhere from half a mil to 1.5 mil. Let's just say, lot more trading volume now that people are trying to farm this. So that's going
[05:13] to be half a mill to one and a half mil that is being injected into the floor of different NFT collections and hopefully pumping those up along with people trading cuz personally I'm going to up my volume both in token swaps as well as
[05:29] trading NFTts. And the reason for that is the way the rewards are being handed out. On September 15th, everybody is going to get a starter chest. And to get this, you just have to go to the rewards page. However, as you can see here, you
[05:43] can upgrade your chest by completing different tasks. So, my goal is going to be to get to the top form of the treasure chest to get the best possible rewards, especially if they're giving away board apes and pudgy penguins and
[05:57] all that. I want to try to win one of those. Now, the other upside is I've already been maximizing my trading on OpenC because it's all going to count towards the eventual OpenC Foundation C token airdrop. So, I'm already trading.
[06:11] I'm just going to up it. And there's a few ways to upgrade your your treasure chest here. One of them is by trading both tokens and NFTts. The second way is by completing daily voyages, which I'm already doing it. Once I complete this
[06:25] one, I'm going to be at 15,000 XP. I believe I'm in the top.1% or 001%. We'll find out hopefully soon. And then finally, you can upgrade your chest by completing uh surprise shipments. Now, shipments, like they say, those are
[06:40] surprises. We have no idea when those things come. So, I'm going to try to get as many as I can, but unless OpenC is tweeting like they sometimes do, you know, mint this or trade this or whatever, it's a complete gamble. The
[06:52] daily voyages, everybody gets the same voyages. So, I'm going to do them. Like, that's the bare minimum. Do every single voyage as possible, but everybody's going to do them. So, you're not going to be standing out in terms of upgrading
[07:05] your chest. The real way you're going to get ahead is through volume. So that's why I'm going to try to do as many swaps, as much trading as I can. And, you know, with the goal of staying positive while trading. Don't go sweep
[07:18] like moonbirds, and then take a $2,000 loss. That is not going to be worth it. My goal is going to be to buy NFTts, flip them for profit, and get the best possible rewards. Now, there's also two other things that we're going to get.
[07:31] One is going to be the treasure, which right now I currently have three different treasures on OpenC. I know some people have two, so I'll just show got these. But there's obviously more because there's some question marks
[07:45] here. So by trading and upgrading your chest, you're going to get one of 12 different tiers. I assume that means I can upgrade my chest 12 times, but to be the end of a season. They haven't publicly said how long a season is yet.
[07:58] And then the other thing we're going to get on day one, so on September 15th when all this stuff goes live is going to be a uh treasure that is also 12 to be a uh treasure that is also 12 tiers based on our current Voyage XP. So
[08:11] all of this is going live next week on September 15th. Like I said, I'm going to be trading a lot, so I'll have a bunch of videos. Make sure you subscribe and I'll keep you up to date on what I am trading. But for now, let's move on
[08:23] to the second topic of the day, which is the Cyber Kong Kong token airdrop, which by the time this video is out there, the token is already going to be live because I believe it drops at 900 a.m. Eastern. So, you're going to know how
[08:37] well this did. However, this is not a new token. This is a rebranding or a relaunch of their banana token. Now, they did put out their tokconomics. It does seem like they did have some investors. However, the part you guys
[08:50] are going to care about is going to be the NFT community airdrop, which is specifically for traders who traded on OpenC as of 2023. So, all of your last cycle volume does not count. However, if you've been trading and if you hit these
[09:05] metrics, you'll qualify for an airdrop. So, if you bought $10,000 in NFTts, not just volume, need, you need to have bought $10,000 or more, you're going to get,650 Kong. And if you bought over $100,000,
[09:20] Kong. And if you bought over $100,000, you are going to get 11,250 claim. You're going to need to go claim it for which the checker is already available. However, like I said, by the time this video goes live, the token's
[09:34] going to be live. So, I assume the claim is going to be out there. You're going your tokens rather than just checking. Now, I'm getting asked a lot how much I think this is going to be worth and all that. Honestly, I have no idea. I
[09:47] just going to be real here. I don't really care about Cyber Kongs. Like, to me, it's just a dead NFT collection from 2021. Let's Let's look at the volume. not like it's down only, but you know, from the heyday when it used to trade
[10:02] when Alex Becker used to shill it, it was like at 150 ETH. Yeah, that was crazy. Personally, I'm just looking at this as a free STEMI. I really appreciate the free money uh to the Cyber Kong's team, but like I'm not
[10:14] I don't want to be part of this. I just want the free money and I'm going to bounce. If we look at some of the utilities down here, you're able to start getting rewards. I know they mentioned like, yeah, whitel lists,
[10:28] airdrops from other communities and more. But personally, I don't care. I wallet. I'm just going to take the money and walk. I did see this post here on as a reply to my tweet. I don't know. I didn't look into this, but he mentions
[10:42] token for the Kong token, he kind of does a conversion saying that 1650 is going to be worth $46 and 11,000 is going to be worth $300. So, you know,
[10:54] for some people that's not a lot of money. For other people, that's a crazy amount of money. So, free money is free money. Profit is profit. I'm not going to scarf at it. I know previously they did I think this is their collection.
[11:06] Sorry if I got the wrong link, but they had the Prometheians, which was also free. You know, I like the free money. Thank you very much for free money. I will take it. I appreciate it. But like I said, I'm just going to sell it and
[11:18] below if you want to go see if you qualify, but there's probably going to link down there as well, or I'll put their Twitter. I don't want to be It'll be a Twitter link. Now looking into the secondary market for NFTTS
[11:33] since my video 2 days ago where I covered like 20 plus upcoming white list. Definitely check it out. I will link it down below. Uh we've had one very successful mint which was shrimpers. Everybody expected this. It
[11:45] shrimpers. Everybody expected this. It was trading on Exiverse for 0.2 roughly which is kind of weird like free mint and then public 2 very expensive but it you were lucky enough to have whitelist for this collection, which some people
[12:00] because we're one of the only communities that did a collab with Shrimpers, that's a free $1,100 if you take the flip here. Uh there's 48 hours for the whitelist phase. It is very long. So, in 2 days or one day by the
[12:15] to get the public phase. If the price holds up, it's going to mint out. And if the price is under 0.2, two. Obviously, they're not going to be able to sell the final 800 or whatever that number ends up being, but this was a very successful
[12:28] mint. I guess the next one that people are going to be going after is Lamu. So, definitely one to grind, especially with how well this one performed. And then market, nothing's really moved that much. Pudgies went, you know, they're
[12:42] back above uh 10 ETH, which is great, but uh nothing crazy going on really. I did see creeps got a really sus sweep. Uh 47 NFTts bought by a wallet that has
[12:54] been dormant for two years. Out of nowhere, funds it from Coinbase with 36 ETH and sweeps up 47 creeps. I don't know what he knows. Is Play Somo coming something? Who knows? But I will say the Creeps community does come through. I
[13:09] posted this just saying there was a sweep. Yo, Creeps show love. I'll give it to them. Like creeps come through. So, shout out to the Creeps community. holding really strong. I actually bought two more, so I'm currently at four
[13:22] I'm kind of debating dumping my board ape here and just getting three more Moonbirds because I see more upside. I do think board apes are going to have upside after apefest in October, but I see apes pulling a 2x where I see
[13:35] moonbirds pulling a 3x or more if things get really bullish with their token. Now, uh, this week we have Spencer saying some exciting stuff today, which you're able to get some points if you're a holder for this app, DY LII. Haven't
[13:51] looked into it yet, but I'll take the free points. But he says the first or the big first party brand moment is probably coming later this week. So, we week. Hopefully, it does help the floor. But I like how week after week,
[14:07] announcements or things for their communities, airdrops, points, whatever deliver. So hopefully they're able to keep this up until an eventual TGE. I like the way they're going about it. Like the floor is slowly climbing. It's
[14:23] not just a pump and dump like we've seen with many TGE announcements. So, ideally, this is much more sustainable because it sucks when it's just a quick pump and dump and people regret not flipping a little bit like I did with
[14:36] the remainder of my doodles. Speaking of doodles, they did just have an announcement about a partnership with Froot Loops, which, you know, back in floor to like three ETH. But times have changed. People realize like this does
[14:50] not help the NFT collection at all. I mean, previously they had a partnership with McDonald's and, you know, it didn't help the floor either. So, cool to see Loops. Excited to see what it is, but yeah, the floor really didn't move with
[15:03] this kind of brand partnership. Other than that, I'm keeping an eye on the Genesis collection, which is by OpenC. We don't know what these are going to do in terms of their eventual uh token launch from OpenC Foundation. And look,
[15:16] again, I got to say, I'm an ambassador. I have zero alpha, okay? They do not just looking at them as a trade. So, if they do come back down closer to 0.01, I'm going to be sizing in because any news sends the floor like they didn't
[15:31] floor sent. So, we know there's an announcement coming in October. So, if of waiting, they go back down, I'm going to buy in, then they'll pump early October. And then if they say like, oh, our TGE is whatever date in the future,
[15:45] they'll go back down again. I'll get in as we get closer to TGE. They'll pump again. And I'm just looking at this as a flip. Maybe I'll hold some for free into the TGE. And who knows, maybe they are going to have utility again. I have no
[15:58] alpha here, no insider. I'm looking at this as a trade. And then the final collections that I'm looking at right now are the Mega ETH collections. We have Bad Buns as well as Maggalio as mega. They had an announcement this
[16:11] week. It wasn't TGE info, but they announced a stable coin, which I saw a bullish article on. I'll post it down below if you want to read it on how this is much more sustainable for them and they can keep low fees as an L2, which
[16:25] is what you want, and still make money. Uh, so that's really good if they've figured it out. But I want these to pump. Dude, I am down way down on my Megallios. I think I got into these at like 0.09. I sold them. I bought at for
[16:38] a loss. I bought back in and they're down again. So, a double loss on Megalios. I'm hoping they go back to 0.1 or something when they announce, which wouldn't be the craziest thing. Uh, the floor isn't that heavy. Doesn't Yeah, it
[16:50] to 0.1. So, that's what I'm looking for. Just recoup my money. And then Bad Buns. I got to check what my average is, but I currently have nine. I guess my average is a little bit higher than 04. So, you know, if they announce I think this is
[17:05] going to be like the flagship of Mega ETH outside of their own collection, the Fluffles. But that is a soulbound token, so you can't even trade it anyways. U so back to point 6 and then break through even higher. Like I want these to go to
[17:19] one E and higher, exactly what Hypos did. If that's the case, I'll be chilling. These are collections that I'm looking at. We're finally back above.3, there for a while. I think there was even sales, dare I say under2. Yeah,
[17:33] was bidding on these, you know, in hindsight it was obvious. But uh mean, I invested in I bought the Fluffle. I'm I'm still bullish on them. It's just really annoying waiting for this stuff. But we have no choice. We
[17:47] hopefully you enjoyed this video, found it informative. If you did, be sure to give it a big thumbs up. If you haven't already done so, would you kindly hit my channel out. I won't tell anybody. It'll be our little secret that you
[18:00] subscribed, that you like NFTTS. Um but we're trying to hit 100K before the cycle ends. Hit that notification bell as well so you never miss a video. Thank you for watching another Cryptogorilla video.
[18:12] video. Peace.
⚡ Saved you 0h 18m reading this? Transcribe any YouTube video for free — no signup needed.