Magic Eden Rolls Out Diamonds Airdrop for Loyal NFT Traders

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18 Mar 2024
28


Magic Eden has recently rewarded its loyal community with a Diamonds airdrop on February 2nd. The airdrop now live aims at users who have actively traded Solana (SOL) NFTs on the platform since 2021. This move is a gesture of appreciation towards the platform’s dedicated users, with the reward amount being linked to the users’ total trading volume. This initiative introduces an exciting prospect for users, blending acknowledgement of past activities with anticipation for the rewards.

New Ways to Earn Diamonds

Magic Eden is now offering various new ways to accumulate Diamonds. Now, users can engage in direct purchases, participate in offer-based transactions, and explore cross-chain trading across Ethereum, Solana, Bitcoin, and Polygon. This strategy marks a step towards creating a more versatile and interconnected NFT marketplace.
A notable addition is the Diamond Bonus system, which promises up to a 2x increase in Diamond earnings for engaging in certain platform activities. This bonus is accessible to users who achieve a 100% loyalty rate, monitored through Magic Eden‘s newly introduced “loyalty-o-meter.” The tool encourages and rewards continuous engagement on the platform.

Special Incentives for Creators and Magic Eden Ticket Holders





Magic Eden extends its rewards program to include creators and holders of special collections. Creators whose collections attract significant attention and volume will be awarded Diamonds, motivating them to create appealing and engaging NFTs. Moreover, select collections will be eligible for a 50% boost in rewards for a limited time, demonstrating Magic Eden’s support for exceptional NFTs.
Magic Ticket holders, who represent a select group within the Magic Eden community, will also benefit from exclusive rewards. This aspect of the rewards program highlights Magic Eden‘s effort to build and maintain a strong, committed user base.
In addition, the NFT marketplace is preparing to launch a new wallet designed to further integrate users into its ecosystem. Early indications suggest that the wallet will offer a straightforward interface and smooth integration with the trading platform, with hints at future rewards for wallet-related activities, though specific details remain undisclosed.
Overall, through the Diamonds airdrop and the introduction of new earning mechanisms, Magic Eden is reinforcing its commitment to rewarding user loyalty and engagement.
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Anvi Saini

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