Magic Eden Rolls Out "Diamond Rewards" for Ethereum NFT Users

Magic Eden, the leading NFT marketplace, has unveiled a unique opportunity for Ethereum NFT traders active since 2017.

By connecting their wallets to Magic Eden's rewards page, traders can easily claim their rewards, determined by transactional history, location, and loyalty.

This initiative not only celebrates the loyalty of long-time users but also aligns with Magic Eden's expansion to support multiple cryptocurrencies, ensuring a more inclusive and rewarding experience.

Eligibility for Users Who Traded Since 2017

The NFT marketplace, Magic Eden, supporting multiple blockchains, announced on March 14, 2024, that it would be granting "Diamond Rewards" to users who have traded Ethereum-based NFTs since 2017.

This reward distribution is part of the "Cross-Chain Rewards Program" unveiled in January of this year. Users who have traded Ethereum NFTs since 2017 can claim their rewards by connecting their wallets to Magic Eden's rewards page.

How to Claim Your Diamond Rewards

Upon connecting the wallet, a "Claim Diamonds" button will appear on the page. Clicking this button allows users to verify if they are eligible for the rewards.

The amount of rewards one can receive is determined by several factors, including the timing and location of transactions and loyalty payments.

It has also been reported that completing quests within Magic Eden can yield additional rewards.

In its January announcement, Magic Eden also revealed plans to support Bitcoin, Ethereum, and Polygon through Magic Eden Rewards.

By the end of January, the marketplace had publicly launched the "Magic Eden Wallet," a multi-chain compatible wallet.

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