Magic Eden, in collaboration with Yuga Labs, recently launched a marketplace supporting royalties on ethereum (eth). Today, through this initiative, the two nft titans are awarding 'Diamonds' to OG ethnft collectors.
Soon, people who interact with eth NFTs will be able to start accumulating Diamond rewards through the Magic Eden system, which will honor past transactions and business activities from 2017, as announced in a recent report. x publication.
The reward distribution of the nft market is part of its broader universality. multi-chain rewards programwhich opens its arms to nft enthusiasts of not only ethereum but also bitcoin, Solana and Polygon.
Its main goal is to make digital property accessible to everyone. “From collectors to creators to merchants, we are building the biggest, best, and most rewarding platform ever to power our mission of making digital ownership universal,” Magic Eden confirms in an official blog post.
Mysterious diamonds earn praise
The Web3 community is closely watching today's Diamond drop, which solely recognizes ethnft pledges, although details of the rewards' utility have yet to be revealed.
While the full details of Diamonds are still under wraps, the Web3 community is abuzz with speculation. Many relate these rewards to the early release of the Non-Fungible DAO $nft Tokenalthough Magic Eden has yet to confirm this link.
Within the evolving Web3 and nft space, Magic Eden Diamonds aims to increase engagement and loyalty, potentially transforming digital ownership and market dynamics.
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