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

10/22 03:12

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On October 22nd, Jack Lu, CEO of Magic Eden, shared the vision for Magic Eden on social media and indicated that soon, users will be able to trade assets on all chains within one application, similar to Binance or Coinbase, but fully 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 swapping. The ME token will become the growth engine of the application. The progress of testing tokens is still on schedule to be launched this month. To demonstrate a long-term commitment to MAGIC, the founding team of Magic Eden will lock their tokens until at least 18 months after TGE. In order to establish consistent incentives with the community, Magic Eden's ME integration will also reward the platform's longest-term users.

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