Magic Eden announces token economics, 50.2% of the tokens will be distributed to the community
Magic Eden announced its ME token economics, with a total of 1 billion ME tokens to be distributed over four years, 50.2% of which will be allocated to the community. The community and ecosystem together account for 37.7%, with the initial distribution to the community accounting for 12.5% of the total supply. In addition, contributors make up 26.2%, strategic participants account for 23.6%, all including lock-up periods.
Magic Eden stated that it is about to launch an airdrop check website, but has not yet specified a specific date.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Senators Propose New Bill to Transfer Crypto Regulatory Authority to CFTC
Meta's Chief AI Scientist Resigns as Company Accelerates AI Strategy Restructuring
Byreal launches Solana innovative PoW asset $ORE, offering 8%+ APY