Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs
Key Takeaways
- Magic Eden will broaden its $ME token buyback program in 2026.
- Revenues from Swaps, Lucky Buy, and Packs will fund buybacks of $ME tokens and NFTs.
Share this article
Magic Eden, an NFT marketplace platform, will expand its $ME token buyback program in 2026 to include revenue from three key products: Swaps, Lucky Buy, and Packs.
The expansion will direct revenue from these entertainment-focused features toward on-chain buybacks of $ME tokens and NFTs. Swaps enables users to exchange digital assets within the Magic Eden ecosystem, while Lucky Buy offers a gamified purchasing mechanism where users acquire NFTs through randomized processes.
Packs provides a pack-ripping experience that allows users to open virtual packs for NFTs and other digital items, emphasizing gaming elements in crypto trading.
The initiative aims to strengthen the $ME token economy by aligning community incentives with product revenues. Magic Eden positions the expansion as part of its strategy to build a fun-oriented crypto ecosystem that integrates trading, gaming, and entertainment features to enhance user engagement and foster long-term growth in crypto culture.
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
The Growing Influence of Health and Wellness on Academic and Professional Growth
- Global workforce transformation integrates wellness, cybersecurity, and tech innovation to address burnout, skills gaps, and rising cyber threats. - AI-powered wellness tools like JuggernautAI and Whoop Coach boost productivity by 20% through real-time health monitoring and personalized interventions. - Educational institutions face 35% higher cyberattacks, shifting to zero-trust security and upskilling staff to manage AI risks in K-12 and higher education. - EdTech's $163B market growth prioritizes AI-d
New Trends in Public Interest Law Careers and Their Influence on Law School Financial Structures
- Growing demand for public interest legal careers is reshaping law school funding models through scholarships, endowment reallocations, and policy-driven financial strategies. - Institutions like Berkeley and Stanford prioritize public service by offering full-tuition scholarships and redirecting resources to legal aid, addressing unmet low-income legal needs and graduate debt challenges. - Federal policies, including tiered endowment taxes and loan reforms, force schools to balance fiscal responsibility
Evaluating the Factors Driving the Recent Rise in Trust Wallet Token’s Value
- Trust Wallet Token (TWT) price surge stems from institutional adoption and ecosystem expansion, redefining its utility and market perception. - Partnerships with Ondo Finance (RWAs) and Onramper (fiat-to-crypto onramps) enhanced institutional credibility and global accessibility for 210 million users. - Utility-driven features like FlexGas (TWT-based transaction fees) and Trust Premium (loyalty incentives) boosted demand while reducing circulating supply. - 200M+ downloads and 17M monthly active users by
OpenAI secures business victory just days following internal 'code red' over Google competition
Trending news
MoreCrypto prices
More
