After teasing the open of the Magic Eden token ME in August, the Magic Eden Foundation has offered the most fresh update on when the airdrop will happen.
The Magic Eden Foundation has now not launched a open date for the ME token. On the different hand, in its update on Sept. 30, it famed that a deliver simulation will happen in October.
The token deliver will seemingly be on hand by task of the Magic Eden Wallet.
ME token simulation in October
Anticipation for ME, as with a possibility of foremost fresh platform token airdrops, is big. To put collectively the neighborhood, Magic Eden plans to simulate the token deliver via its native wallet. In keeping with the submit on X, the challenge will open a take a look at token in the wallet to level to the task of claiming ME tokens.
Magic Eden Wallet’s mobile version will allow users to join all their wallets, at the side of desktop, mobile, and hardware, and recognize their complete ME deliver from one interface.
ME tokenomics to order
The token scheme for the simulation will seemingly be appropriate a “straight forward take a look at token.” Magic Eden has warned users to now not come by overly brooding about it, as the token will now not dangle any utility or stamp.
On the different hand, once the take a look at exercise is executed, the ME Foundation will unveil the challenge’s tokenomics. It also plans to elaborate the token technology event for ME after the simulation event. This TGE may possibly catalyze further order for Magic Eden.
In August, Magic Eden presented that the original ME token will seemingly be central to the non-fungible token market’s decentralized self reliant organization. To boot to taking part in DAO governance, holders may dangle a possibility of benefits, equivalent to come by entry to to inappropriate-chain trading in the web3 ecosystem.
Files for August 2024 showed that Magic Eden reinforced its grip on the NFT market as its market part hit 37%.
When put next, Blur’s market size fell to about 25%. Meanwhile, OpenSea, which now not too prolonged previously obtained a SEC Wells Stare, saw its total dominance shrink to 20%.
