Magic Eden Introduces A Brand-New Solana NFT Reward Programme

The market for non-fungible tokens is still showing negative returns, even though some major players in the industry have introduced incentive schemes to get cryptocurrency investors back into the NFT space. A prime example is the Magic Eden NFT marketplace, which has introduced a brand-new NFT reward scheme on Solana.

One of the top cross-chain NFT markets supporting the Solana, Bitcoin Ordinals, Ethereum, and Polygon blockchains, Magic Eden, announced the introduction of a new reward scheme for its NFT customers in a blog post on January 23. We will go into great detail about the new NFT reward program’s operation below.

Explanation of the Magic Eden Diamond Reward Programme

The quantity of Diamonds will probably determine the new Magic Eden prizes as well as the size of a future airdrop, according to minimal data that has been revealed. Users need to maximise the quantity of diamonds in order to get the most out of the airdrop on February 2. A few details on how users can gather diamonds have been made available by Magic Eden.

The amount of Diamond airdrop in the Magic Eden NFT marketplace will be decided by the user’s activities since the marketplace’s launch. In this instance, you will receive more retroactive Diamonds the more Solana NFTs you have traded on Magic Eden in the past. The entire trade volume will determine how many Diamonds are available.

By buying native listings on the Magic Eden NFT marketplace, taking offers, and trading NFTs on the Ethereum, Solana, Bitcoin, and Polygon blockchains, NFT collectors can also make the most of the Diamonds airdrops. In addition, customers must remain committed to Magic Eden at all times in order to earn the maximum Diamond Bonus.

In the last day, Magic NFT Tickets have increased by 3%.

Non-fungible tokens hosted on Solana, a public, open-source blockchain that supports smart contracts and a range of decentralised applications, are down 6% in trading sales volume, amassing $8 million, according to data compiled by CryptoSlam.io, an on-chain data aggregator.

Magic Eden NFT Tickets, a brand-new Solana-based NFT collection that entitles users to the much-awaited Diamond airdrop, have gathered a trading sales volume of $704,262, up merely 3.53%, in the last day. Based on trading behaviour, it appears that the Magic Ticket NFT collection has not yet been well received as expected.