Magic Eden Tokenomics
▶️ #updates
🤝The Magic Eden team announced details on the $ME tokenomics and the upcoming TGE.
▫️$ME tokenomics:
• Total supply: 1 billion tokens;
• 12.5% ($125 million ME) allocated for the drop;
• 37.7% for the ecosystem and future rewards;
• 49.8% for the team;
• The token is trading at about $2.5 ($2.5 billion FDV) on the pre-market.
▫️What is important to know?
• TGE and the drop claim will start in a few weeks, there should be a checker before that;
• The claim will be available through the Magic Eden mobile wallet;
• For users who participated in TestME, re-linking the wallet is not required.
Read more in the article.
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