The probability of OpenSea tokens exceeding $1 billion in FDV on their first day of listing has dropped to 62%.

According to Mars Finance, on January 14th, Polymarket predicted a 62% probability that OpenSea's token FDV would exceed $1 billion on its first day of listing, and a 27% probability that it would exceed $2 billion. OpenSea's valuation has fallen significantly. Previously, in January 2022, it completed a $300 million Series C funding round at a post-money valuation of $13.3 billion, led by Paradigm and Coatue, with participation from Tiger Global and others. Previous reports indicated that OpenSea CMO Adam Hollander revealed that preparations for the OpenSea Foundation's TGE (Treasure Value Event) are underway, and the foundation will carefully consider historical trading volume, with Treasures data in the rewards program also being important.