31 March 2023 02:14, UTC
Studying time: ~2 m
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 at this time, as a result of diamonds will put you first 🥇
Now, everytime your listings are bought & bids are accepted on @MagicEden, you will earn diamonds.
Coming quickly: our 1st rewards drop for prime 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: Checklist your NFTs on the market on Magic Eden. When your NFT is bought, 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 usually are not restricted to a month-to-month cycle and can stay fixed month-to-month.
Based on Magic Eden, consumer 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 considering consumer exercise over the previous 6 months. The favored NFT platform will 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 just like what Magic Eden already affords 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 strong neighborhood of creators and collectors. A totally unlicensed, non-custodial market on Ordinals, utilizing PSBT expertise, offering a novel buying and selling expertise.
DISCLAIMER: The Data on this web site is supplied as normal market commentary and doesn’t represent funding recommendation. We encourage you to do your individual analysis earlier than investing.