Unconfirmed reports of a potential airdrop by NFT marketplace OpenSea have recently sparked heightened trading interest in the Gemesis NFT collection.
Although OpenSea previously denied any connection between Gemesis and future airdrop plans, recent developments have renewed speculation around its potential value.
With OpenSea preparing to launch its V2 platform in December—complete with new loyalty rewards and competitive ranking features—some in the community are positioning themselves with Gemesis NFTs, anticipating they may hold future value in OpenSea’s rewards ecosystem.
Source: Waleswoosh (on X)Spike in Gemesis NFT Activity Amid Speculation
In the past 24 hours, several large NFT holders have made significant acquisitions of Gemesis NFTs, with some wallets purchasing over 50 items in a single sweep.
This uptick in demand has led to a 60% increase in Gemesis’ floor price, positioning it among the top 100 NFT collections by market cap.
Originally introduced by OpenSea as a commemorative item, Gemesis has taken on new significance as collectors speculate it could play a role in a possible airdrop or rewards structure, despite no official confirmation from OpenSea.
Source: OpenSeaPotential Airdrop and Reward Multipliers
Although OpenSea has previously stated that Gemesis NFTs are not connected to any future airdrop, many community members see potential value in holding them if OpenSea introduces a tiered reward system. Some have suggested that any rewards program could factor in specific NFT ownership or trading activity as multipliers, potentially increasing eligibility for rewards.
Some theorize that Gemesis holdings could enhance leaderboard rankings or act as a multiplier in an experience points (XP) system, positioning holders to benefit from OpenSea’s loyalty incentives. Whilst still unconfirmed, these ideas are driving increased Gemesis trading activity as collectors look to secure a position in case these theories prove correct.
Adding to this speculation is OpenSea’s upcoming V2 platform which hinted at having retroactive rewards feature aimed at recognizing previous user engagement on the platform. Although details are limited, this feature has led some Gemesis holders to speculate that their NFTs could factor into these retroactive rewards.
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