ChainCatcher message, Magic Eden announced its ME token economics, with a total supply of 1 billion ME tokens. The token distribution will be released over 4 years, with 50.2% allocated to the community. The total share for the community and ecosystem is 37.7%, of which the initial community allocation will account for 12.5% of the total supply. In addition, contributors account for 26.2%, and strategic participants account for 23.6%, all of which include a lock-up period.

Magic Eden stated that airdrop check website will be launched soon, but no specific date has been clarified yet.