Get a 30% Diamond Boost on All NFT, Ordinal, and Rare Sat Purchases at Magic Eden

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Magic Eden, a top multi-chain NFT marketplace, has launched a 30% diamond boost. This applies to all NFT, ordinal, and rare sat purchases on its crypto wallet. This article explores Magic Eden's new reward program in detail.
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On July 26, Magic Eden announced a 30% diamond boost. This boost covers purchases of NFTs, Ordinals, and Rare Sats on its multi-chain crypto wallet. This initiative is part of Magic Eden's strategy to decentralize its platform. It aims to empower the NFT community.

Overview of Magic Eden

Magic Eden started in September 2021. It supports NFTs on Solana, Ethereum, Polygon, and Bitcoin. Initially launched on Solana, Magic Eden has become the most prominent NFT marketplace there. It enables users to create, buy, sell, and collect NFTs.

Magic Eden’s main product is Launchpad. Launchpad allows creators to mint and launch NFT collections on Magic Eden. This eliminates the need for their infrastructure. Additionally, Magic Eden offers a crypto wallet. The wallet provides a user-friendly and secure Web3 experience.

The Diamond Reward Program

Earlier this year, Magic Eden introduced a diamond reward program. The program incentivizes NFT collectors. Collectors earn rewards by completing quests and engaging with the marketplace. The rewards are integrated into the Magic Eden wallet.

The diamond reward program has two tiers: Hollow Diamond and Solid Diamond. NFTs with a solid diamond symbol are listed exclusively on Magic Eden’s EVM marketplace. These NFTs qualify for the full range of diamond rewards, including the new 30% boost. NFTs with a hollow diamond symbol are not exclusive to Magic Eden. However, they still qualify for some diamond rewards. The program covers all four supported chains: Solana, Ethereum, Bitcoin, and Polygon.

Magic Eden Rewards are crucial for creating an end-to-end Web3 experience. The rewards program spans multiple chains. It is part of Magic Eden’s commitment to universal digital ownership. The program enhances Magic Eden's status as the ultimate platform for NFT enthusiasts.

Magic Eden is dedicated to building a sustainable rewards system. This system benefits both NFT traders and the broader community. Rewards are distributed based on user actions. Actions include buying, listing, and making offers on the Magic Eden wallet.

Final Thoughts

Magic Eden’s 30% diamond boost is a significant move. It reinforces their commitment to decentralization and community empowerment. The diamond reward program is set to make Magic Eden even more attractive to NFT collectors and traders.