Unconfirmed reports of a potential airdrop by NFT marketplace OpenSea have recently sparked increased trading interest in the Gemesis NFT collection.
Although OpenSea previously denied any connection between Gemesis and future airdrop plans, recent developments have fueled new speculation around the collection’s possible value.
With OpenSea preparing to launch its V2 platform in December—bringing loyalty rewards and competitive ranking features—some community members are acquiring Gemesis NFTs, anticipating that they may hold potential value within OpenSea’s evolving rewards ecosystem.
What is the Gemesis NFT Collection by OpenSea?
The Gemesis NFT collection was introduced by OpenSea Pro, a platform tailored for advanced NFT collectors.
Launched as a commemorative drop, Gemesis was intended to celebrate OpenSea’s expansion and the launch of OpenSea Pro, which aimed to provide seasoned collectors with enhanced tools and options and was not tied to any rewards or financial incentives.
However, the collection has now gained unexpected attention as some collectors speculate that these NFTs could eventually play a role in OpenSea’s potential airdrop or rewards structure, despite no official confirmation from OpenSea.
What factors drove the surge in Gemesis NFT trading?
In the past 24 hours, several large NFT holders have made substantial acquisitions of Gemesis NFTs, with some wallets purchasing over 50 items at once. This surge in demand has driven the floor price of Gemesis up by 60%, positioning it among the top 100 NFT collections by market cap.
Whilst OpenSea has reiterated that Gemesis NFTs are not linked to any upcoming airdrop, some community members continue to see potential benefits in holding them. They speculate that if OpenSea introduces a tiered reward system, specific NFT ownership or trading activity could serve as multipliers for reward eligibility. Some users theorize that Gemesis holdings might enhance leaderboard rankings or act as a multiplier in an experience points (XP) system, which could benefit holders under OpenSea’s loyalty program. While unconfirmed, these ideas are driving increased trading activity as collectors position themselves in case these theories hold true.
Adding further fuel to the speculation is OpenSea’s upcoming V2 platform, set for release in December, which hinted at a retroactive rewards feature aimed at recognizing prior user engagement. Though details are limited, this feature has led some holders to speculate that their NFTs might contribute to these rewards.
Blockchain evangelist. Content creator & graphic design hobbyist. Loves gaming!