In order to change the opacity of an object by using a sequence you will need to carry out the following steps:
- Create an animation sequence with 2 property tracks
- Set the target of both property tracks to be the material you wish to change
- In the first property track set the Property to change to be the Opacity
- In the second property track set the Property to change to be the BlendMode. This will give you a track similar to what you see below
6. Then you can edit the opacity while recording key frames to make the animated sequence you want