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Magic Eden has launched a new rewards program, offering Bitcoin (BTC) rewards as part of its cross-chain rewards initiative. The program includes earning 'Diamonds' for purchasing over other quests and a retroactive 'BTC Diamond Retro Claim' for past actions on Bitcoin. This initiative is described as the biggest of its kind in the cross-chain rewards space. Additionally, Magic Eden's Bitcoin Runes platform has reported significant activity, with $56 million in volume since its launch and 21,000 Runes transactions totaling 189.6 BTC in less than two weeks. The program, known as Magic Eden Diamond Rewards, specifically targets Ordinals traders.
Dropping alpha👇 In less than two weeks since launch, we’ve had 21k Runes transactions with a turnover of 189.6 BTC 👀 https://t.co/6E4j3WABGp
New @_TalkingTokens episode with @ZhuoxunYin of @MagicEden dives into: - Bitcoin Ordinals and its Runes platform - Building an NFT marketplace in a competitive space - How to manage risk - The future of NFTs - When the next NFT bull run will be Links below! 👇 https://t.co/K8GSR0l0Uk
Full @_TalkingTokens episode on X with @MagicEden cofounder @ZhuoxunYin At the time of our recording, he shared Magic Eden's Runes platform volume was $12M. It's up 366% in less than a week at $56M, signaling strong demand for Runes. (Links below) https://t.co/SRjhqhdC9e
