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OpenSea Urges Users to Bind EVM Wallets to Access Chain Rewards

According to OpenSea’s official announcement on X, users must link their EVM-compatible wallets to claim platform rewards, as most distributions occur on EVM chains.

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Summary

OpenSea issued an official announcement urging users to promptly bind their EVM-compatible wallets, emphasizing that the majority of rewards are distributed on EVM-based chains. The platform warned that users who fail to link their EVM wallets will be unable to claim these associated rewards. The company’s statement aims to ensure seamless participation in its reward distribution system.

Terms & Concepts
  • EVM: Ethereum Virtual Machine – the decentralized computing environment that executes smart contracts on Ethereum-compatible blockchains.
  • EVM Wallet: A cryptocurrency wallet compatible with Ethereum Virtual Machine-based chains, enabling users to store and transact tokens on those networks.
  • EVM Chain Rewards: Incentives or benefits distributed on Ethereum-compatible blockchains, accessible only through an EVM-compatible wallet.