Magic Eden has launched a significant rewards program targeting Ethereum users, retroactively rewarding them with Diamond Reward Points for their NFT trading activities dating back to 2017. The initiative, aimed at both acknowledging the early adopters of Ethereum NFTs and encouraging further engagement on the Magic Eden platform, allows users to claim rewards based on their trading volume, the platforms they traded on, and the royalties generated. Eligibility criteria include trading activity on major platforms like Blur and Opensea, with additional benefits for those who remained active during bear market periods. One user reported having 354,114 diamonds, suggesting they are in the top 5% of claimants, while another noted the rewards are capped at 50,000 Diamonds. The rewards, which are currently trading at $0.09 per diamond on the whales market, can be claimed by connecting a wallet to Magic Eden's platform. The program has sparked considerable interest within the Ethereum NFT community, with users eagerly sharing their reward claims and discussing the potential value of the diamonds.