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Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs

Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs

Cryptobriefing2025/12/04 21:57
By: Cryptobriefing
ME+0.63%NFT+0.57%

Key Takeaways

  • Magic Eden will broaden its $ME token buyback program in 2026.
  • Revenues from Swaps, Lucky Buy, and Packs will fund buybacks of $ME tokens and NFTs.

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Magic Eden, an NFT marketplace platform, will expand its $ME token buyback program in 2026 to include revenue from three key products: Swaps, Lucky Buy, and Packs.

The expansion will direct revenue from these entertainment-focused features toward on-chain buybacks of $ME tokens and NFTs. Swaps enables users to exchange digital assets within the Magic Eden ecosystem, while Lucky Buy offers a gamified purchasing mechanism where users acquire NFTs through randomized processes.

Packs provides a pack-ripping experience that allows users to open virtual packs for NFTs and other digital items, emphasizing gaming elements in crypto trading.

The initiative aims to strengthen the $ME token economy by aligning community incentives with product revenues. Magic Eden positions the expansion as part of its strategy to build a fun-oriented crypto ecosystem that integrates trading, gaming, and entertainment features to enhance user engagement and foster long-term growth in crypto culture.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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