Magic Eden, the leader of Solana ecological NFT market, launches diamond reward program to attract Ethereum users

Magic Eden, the leader in the Solana ecological NFT market, started from the Solana ecosystem and gradually expanded to other blockchains. It first supported Polygon in November 2022, and then grabbed the Riding on the Ordinals craze, the Bitcoin NFT market was launched to support the Bitcoin network, and then at the end of March last year, it announced support for Ethereum.

Magic Eden launched the cross-chain “Diamond Reward Program” on February 3, aiming to reward early users of Solana and encourage new users to participate on platforms such as Solana, Bitcoin, Ethereum or Polygon Diamond missions to get rewards. This initiative aims to encourage users to actively participate in platform activities and promote the development and growth of the blockchain ecosystem.

Magic Eden issues diamond rewards to Ethereum OGs

After issuing retroactive diamond rewards to early Solana users, Magic Eden announced again today that it has opened diamond reward applications to Ethereum OGs , this time the rewards are traced back to 2017. Any user who has a transaction record of NFT on Ethereum can go to its reward website, select Ethereum, and connect to the wallet to receive diamonds.

Diamond Reward Distribution Criteria

However, not all wallets that have been traded are eligible for rewards, and a certain number of transactions may need to be completed to qualify. The official determines the number of diamond rewards based on the following four key points:

• Transaction volume

• What platform is the transaction made on?

• The more recent the transaction volume, the greater the weight

• Loyalty enjoys additional weight

As for the specific use of diamond rewards , although it has not been officially announced yet, Magic Eden has cooperated with Non-Fungible DAO and plans to launch a token called $NFT. Therefore, most of the community speculates that the diamonds obtained by users may be converted into $NFT tokens in the future.

How to get diamond rewards

If you want to get Magic Eden’s diamond rewards, you can actively participate in the following three tasks. You can also visit the reward website:

• Buy: The more buying volume, the chance to earn more diamonds

• Listing: The listed NFT is more likely to be sold, which means the closer its price is to the floor Price, you have the opportunity to earn more diamonds

• Bidding: Bid for the top 100 NFTs by trading volume on Magic Eden, and when the bidding price is closer to the NFT floor price, you can get Diamonds are more

You also need to pay attention to the "loyalty" score, which measures the user's dedication to Magic Eden. Simply put, as long as they do not use other NFT platforms, they can It remains at 100%.

In addition, Magic Eden will announce NFT series with additional rewards from time to time. For example, the recently announced Block Games Dice NFT will provide an additional 25% diamond reward for purchasing, listing, and bidding, so keep an eye on Magic Eden. Latest news is also necessary.

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