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Magic Eden CEO: The founding team of Magic Eden will lock up the ME tokens for at least 18 months after the TGE.

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#NFT
吴说
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Oct 22, 2024

Wu Shuo learned that Magic Eden's CEO Jack Lu shared his vision for Magic Eden, stating that soon users will be able to trade all on-chain assets within a single application, similar to Binance or Coinbase, but operating entirely on-chain. By the end of this year, Magic Eden will launch on 10 chains. In addition to NFT trading, there will also be Solana token trading, rune trading, and cross-chain swaps. The ME token will become the growth engine of the application. The progress of the test token is still on schedule to be launched within this month. To demonstrate their long-term commitment to MAGIC, the founding team of Magic Eden will lock up their tokens for at least 18 months post-TGE. In order to establish consistent incentives with the community, Magic Eden's ME integration will also reward the platform's most long-term users.

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