NFT
Diamonds are a bonus kind, and the reward quantity won’t change each month. The launch program goals to reward its neighborhood for a lot of actions demonstrating their dedication to the platform reasonably than simply buying and selling quantity.
DROPPING TODAY: DIAMONDS 💎
Begin incomes diamonds immediately, as a result of diamonds will put you first 🥇
Now, everytime your listings are offered & bids are accepted on @MagicEden, you will earn diamonds.
Coming quickly: our 1st rewards drop for high diamond holders.
You snooze you lose. pic.twitter.com/K6taBuPPSH
— Magic Eden 🪄 (@MagicEden) March 30, 2023
There are at present 3 ways to earn diamonds:
- Itemizing: Listing your NFTs on the market on Magic Eden. When your NFT is offered, you earn diamonds.
- Bidding: Bid on NFTs on Magic Eden, when bids are accepted you earn diamonds.
- Finishing Your Profile: Full your Magic Eden profile by filling in your username to earn diamonds.
These diamonds aren’t restricted to a month-to-month cycle and can stay fixed month-to-month.
In keeping with Magic Eden, person loyalty factors are the deciding issue to find out the multiplier for diamonds earned, with 100% loyalty factors receiving a double multiplier. Loyalty is checked each 24 hours, and a loyalty multiplier is utilized when diamonds are earned.
Calculation of loyalty factors taking into consideration person exercise over the previous 6 months. The favored NFT platform may even introduce extra methods to earn diamonds and rewards and particular diamond advantages and rewards sooner or later.
Final week, Magic Eden launched a brand new NFT market for Bitcoin Ordinals. The brand new platform is much like what Magic Eden already presents to NFT prospects primarily based on Polygon, Ethereum, and Solana. This launch plan comes after the rise in reputation of the Bitcoin Ordinals NFT assortment.
Magic Eden’s transfer to Bitcoin brings a brand new daybreak to digital collections, with the platform’s dedication to supporting a number of chains and probably the most sturdy neighborhood of creators and collectors. A very unlicensed, non-custodial market on Ordinals, utilizing PSBT know-how, offering a novel buying and selling expertise.
DISCLAIMER: The Info on this web site is supplied as common market commentary and doesn’t represent funding recommendation. We encourage you to do your personal analysis earlier than investing.