Magic Eden, a leading community-focused NFT marketplace, launches ME Zone to power its native ecosystem.
It is scheduled to launch todayDecember 10, 2024. The launch of the ME token was highly anticipated by the cryptocurrency community, which saw $159 million raised in four Funding rounds.
With whispers of major airdrops and the promise of redefining user engagement within its platform, this Middle East launch will set new standards for engagement, rewards and community governance in the digital asset space.
Mark your calendars!$ME The TGE event will be held on December 10 at 2pm GMT.
Turn on notifications when we get close to TGE
— $ME (@MEFndn) December 6, 2024
Magic Eden is offering its native token in the Middle East, expanding its ecosystem with new incentives for users
Magic Eden is positioning itself to compete with major NFT marketplaces like OpenSea and Blur. But what would I use it for? What are its use cases?
– Transaction fees: The token can be used to pay transaction fees on the Magic Eden platform.
– Staking: Users can share ME tokens to earn more, incentivizing retention and long-term engagement with the platform.
– Governance: ME token holders will have governance rights, allowing them to vote on decisions affecting the future development and operations of the platform.
– Trading bonuses: There are mechanisms where using ME to trade NFTs can generate additional ME tokens and encourage token usage within the market.
– Ecosystem growth: The token aims to promote ecosystem adoption by providing rewards and perks to creators, collectors and investors, fostering a healthy and engaged community.
– Multi-chain interoperability: ME aims to facilitate seamless trading across different blockchains, enhancing the user experience in a multi-chain environment.
Holders can participate, trade, and earn ME for trading NFTs and tokens on all chains. More information will be shared after TGE.
ME Crypto from Magic Eden: Token Code Review
(source)
Here’s what the tokens look like in the Middle East. The total supply of 1 billion ME tokens is scheduled to be distributed over 4 years, with a significant portion allocated to community and ecosystem development to ensure sustainable growth and user engagement.
-12.5% of the total supply is set for an initial community claim, fully unlocked at TGE. This rewards early adopters and users across the Bitcoin, Solana, and EVM platforms.
-37.7% of the offer is allocated to this category, with:
– 22.5% to reward active users through the Magic Eden Rewards Program, and encourage trading and staking.
– 15.2% to develop the ecosystem, supporting advocates and innovators, which are structured in the form of long-term agreements to align with long-term stakeholders.
-26.2% of tokens are allocated to contributors, including employees, advisors, and early backers. A minimum insurance period of 18 months after a TGE event.
-23.6% is allocated to investors and advisors, likely with a phased release schedule to support strategic partnerships and growth.
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ME Crypto from Magic Eden: Airdrop Guide
I Symbolic airdrops It is based on user activity on the Magic Eden platform, which releases and claims tokens from December 10, 2024 to February 1, 2025. Any unclaimed tokens are likely to be Distribute it to stakeholders.
Users can check their eligibility and allocate through the official Magic Eden tool here or scan the QR code provided.
This includes linking wallets and evaluating user activity on Magic Eden’s NFT platform.
Eligibility is based on three main aspects: organic user activity, on-chain activities, and user loyalty.
We heard you need some help verifying your data $ME Eligibility and assignment. Follow this step by step
– Magical Eden
(@Magic Eden) December 5, 2024
Bottom Line: Would ME Crypto be a good investment?
Today is the day you’ve been waiting for. $ME here.
Don’t guess – watch this video below and learn how to claim in just minutes.
You have until February 1, 2025 to claim, and any unclaimed tokens will be distributed to stakeholders.
More information about this later. pic.twitter.com/NWFmnCaSEv– Magical Eden
Magic Eden is intended to be used I To incentivize traders across multiple blockchains, and encourage user participation through rewards, staking, and governance rights.
In summary, I The token would be launched with proposed pre-market trading at an initial price of between $3 to $4 per token, although this was subject to fluctuations.
We have seen users reporting technical difficulties or dissatisfaction with the claim process, which could negatively impact the platform’s brand value.
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