Magic Eden Airdrop Launch: How to Claim? Can It Reignite the NFT Market?
Original Article Title: "Explaining Magic Eden (ME) Airdrop Rules, Claim Steps, and Future Plans"
Original Article Author: CryptoLeo, Odaily Planet Daily

At 3 a.m. on December 5th, Beijing Time, the Magic Eden Foundation launched the ME Token Airdrop Lookup page. Prior to this, Magic Eden released the ME tokenomics, with a total token supply of 1 billion, of which 12.5% (125 million tokens) would be immediately unlocked and airdropped to eligible Magic Eden users, while an additional 22.5% of the supply (225 million ME tokens) would be set aside to incentivize future users of the ME Foundation's related protocols and platform.
For more detailed tokenomics, please refer to: "Magic Eden Token Generation Event is Coming, What Preparations Should Be Made to Claim the Airdrop?"
Overall Allocation Principle
The ME token aims to reward users of SOL, BTC, and EVM wallets who provide on-chain economic activity, and the ME airdrop allocation will be assessed based on three main aspects: real users (referred to by Magic Eden as Organic users), cross-chain activity, and loyalty.
Organic users can also be seen as Magic Eden's genuine users, with Magic Eden's organic usage being a key part of ME allocation. The more a wallet's address behavior transactions resemble real users, the more likely they are to receive rewards, while non-organic transaction addresses have been identified, meaning that Magic Eden has already filtered out some bot users.
On platform X, some users have expressed that they hold a large amount of tokens but receive a relatively small share of ME tokens or are deemed non-organic users.
Four Main Sections of the Lookup Page

As Magic Eden is a multi-chain protocol that covers both tokens and NFTs and is preparing to cover over 15 chains by the end of the year, this airdrop lookup is unique in that it allows users to connect multiple wallets, and the displayed ME is the sum of ME that multiple eligible wallets can claim.
An airdrop is divided into four sections, with each section contributing to the total airdropped token amount. The four sections are as follows: one main section, Rewards Tiers, and three secondary sections: Launchpad Bonus, Wallet Bonus, Active OG Bonus.
Main Rewards Tier Section
The Rewards Tier is the wallet's reward level and is the main criterion for assessing the ME airdrop share. The Tier is related to the diamond quantity we mentioned earlier, and the diamond quantity is related to the transaction activity of the wallet connected by the user. However, if a user has multiple qualifying wallets, they can all be connected to the airdrop query interface, and their Rewards Tier will display the highest wallet level among all wallets.
The displayed Tier level is not related to the number of connected wallets. For example, if a user has multiple qualifying wallets and each wallet carries out a small amount of transactions, the user can receive a larger overall ME airdrop share, but their Rewards Tier will be lower. Conversely, if a user has only a few qualifying wallets, and each wallet has a large transaction volume, the user may have a higher Rewards Tier, but the ME share that can be obtained from a few wallets' transaction volume may be lower than the ME share that can be obtained from the total transaction volume of more wallets. Of course, users who focus only on one wallet address and have excellent data in all aspects do not need to worry about this.
So far, the highest level I have seen is Tier 1, and the lowest level is Tier 14, but the ME Foundation allocation rules website has not clearly outlined the relationship between the diamond quantity and the level.
The data of the secondary sections will display the best data of all connected wallets. For example, if a user has 3 wallets, one wallet has a lot of Launchpad activity, another wallet has a lot of Wallet activity, and one wallet has been transacting for a long time, the overall allocation will show the best statistical data for each wallet.
Launchpad Bonus
The assessment criteria for the Launchpad Bonus are mainly divided into: High, Medium, Low, and - (representing zero). This section mainly involves minting and cross-chain minting NFTs on the MagicEden Launchpad. However, the use of the Launchpad is seen as a secondary criterion for the airdrop reward quantity. If a wallet has no diamond balance, engaging only in Launchpad activity will not earn any ME airdrop share.
Wallet Bonus
The evaluation criteria for the Wallet Bonus are also four: High, Medium, Low, and - (representing zero), representing wallet activity, including but not limited to NFT cross-chain transactions, cross-chain token swaps in the Magic Eden Wallet, runestone transactions, and Lucky Buy. (Odaily Note: Lucky Buy is a new feature launched by Magic Eden in September, allowing buyers to purchase NFTs below market price. The adoption of this feature is based on a percentage system, where the system determines the percentage of the NFT list price the user wants to use and the user's probability of winning. Buyers can participate in bidding when purchasing NFTs. If the bid is successful, Magic Eden will make up the difference, and the seller will still receive the full list price amount of their NFT. Even if the purchase is not successful, NFT buyers can receive "diamond" rewards, which is also a way to earn Magic Eden diamonds.)
Wallet activity is also a secondary criterion for the airdrop reward amount. If a wallet has no transaction balance and cannot obtain an ME airdrop share based solely on wallet usage.
Active OG Bonus
The Active OG Bonus represents user loyalty, with the assessment criteria being: Yes and No. The Active OG Bonus represents addresses that were among the early adopters of the protocol and have been active since then. This means that if a user is an early adopter but their address has not been used for a long time, they will not be considered for the Active OG Bonus.

The OG early adopter criteria can be referenced using the MagicTicket. MagicEden released a tweet in February 2022 stating that MagicEden conducted a MagicTicket airdrop (total of 30,602 tokens) based on its inception date (September 17, 2021) to reward the Solana NFT ecosystem, as follows:
Users who made their first transaction within one month of its inception will receive an OG Ticket (6,348 tokens);
Users who made their first transaction between mid-October 2022 and mid-December 2022 will receive a Degen Ticket (7,162 tokens);
Users who made their first transaction after December 2022 will receive a Normie Ticket (17,092 tokens).

The MagicTicket winner has three types of benefits, which include participation in community governance, rewards, and social interactions. For example, they can create proposals, vote, and also receive additional points (diamonds), whitelist status, and airdrops.
Airdrop Query Tutorial
The airdrop query process is divided into three steps:
- Download the ME Wallet application on your mobile phone, then import the Magic Eden wallet using the mnemonic phrase. Previously, MagicEden had launched the process for claiming testME tokens as part of the ME test coin distribution process. You can refer to: "Magic Eden to Open testME Airdrop Claim, Early Guide to Familiarize You with the Process";
- Use the scan QR code function on the app to scan the ME Foundation's QR code, and then sign in randomly on your mobile device;

- Once logged in, as mentioned earlier, users should connect as many wallets as possible that have transacted on Magic Eden, such as BTC, ETH, SOL, etc. The more eligible wallets added, the better.

After connecting, you will be able to see your allocation amount on the query interface.
Conclusion
The ME token claim is scheduled for December 10th. Jack Lu, co-founder and CEO of Magic Eden, has previously outlined some key points for the ecosystem and community development post the ME launch:
- Magic Eden will serve as everyone's entry point into the cryptocurrency space, enabling the trading of assets on all chains;
- Magic Eden is integrating ME into its reward system;
- By executing an all-chain, all-asset, all-community strategy, Magic Eden aims to build a strong cross-cryptocurrency maxi community.
Currently, ME is trading on OKX pre-market between 3.5 USDT and 4 USDT, and Coinbase International announced on November 20th that it would support ME by listing ME perpetual contracts on its Pre-Launch market. One might look forward to Coinbase incorporating ME into its listing roadmap.
Furthermore, with the recent resurgence of old coins in the meme coin sector and the continuous rise of new coins, yesterday's NFT sector tokens also saw significant gains. APENFT (NFT) rose by 38.94%, SuperVerse (SUPER) by 21.62%, Apecoin (APE) by 18.85%, and Blur (BLUR) by 6.84%. The market rotation seems to indicate that the focus is not solely on Meme PvP, as other sectors are gradually heating up.
After ME goes live, we may not expect Magic Eden to pump NFTs, but perhaps we can believe that ME, committed to "all chains, all assets," will see some decent gains in the future.
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Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us
Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
Source: Original Post Link

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