Magic Eden Launches Free Web3 Games in “Mint Madness”
It is reported that Magic Eden in the NFT market will launch a series of free Web3 games in March. This release is called \”Mint Madness\”, which is a tribute to…
It is reported that Magic Eden in the NFT market will launch a series of free Web3 games in March. This release is called “Mint Madness”, which is a tribute to the NCAA University Basketball Championship called “March Madness”. The platform will launch a total of 13 Web3 games across the Ethereum, Solana and Polygon blockchain for free. In order to increase participation, Magic Eden will release the ranking list of top NFT traders in Mint Madness series on its social media channel. The top 10 traders in the trading volume of the Polygon series will enter the prize pool of 20000MATIC (about US $25500), and the first winner will receive a prize of 4500MATIC (about US $5400).
Magic Eden will launch a series of free Web3 games in March
Interpret the above information:
Magic Eden, a prominent player in the NFT market, has announced that it will launch a series of free Web3 games in March called “Mint Madness”. This release is a tribute to the popular NCAA University Basketball Championship called “March Madness”.
The platform will launch a total of 13 Web3 games across the Ethereum, Solana, and Polygon blockchain, making it accessible to a broader audience. The move to create free to play games is intended to increase participation and engagement in the NFT market, which has seen a steady rise in popularity globally.
To encourage participation, Magic Eden will release a ranking list of the top NFT traders in the Mint Madness series on its social media channels. This will create healthy competition amongst traders and drive increased traffic to the platform.
The top 10 traders in the trading volume of the Polygon series will enter the prize pool of 20000MATIC (about US $25500), with the first winner receiving a prize of 4500MATIC (about US $5400). This prize money is intended to reward the top traders and incentivize others to get involved in the NFT trading ecosystem.
The Mint Madness release is a strategic move by Magic Eden to increase the adoption of NFTs and blockchain-based gaming. By creating free to play games, it not only removes barriers to entry for prospective traders but helps showcase the potential of the technology to a wider audience.
In conclusion, Magic Eden’s Mint Madness launch is an exciting development for the NFT market that showcases the potential of blockchain-based gaming. The event is beneficial for both traders and the wider public looking to explore the world of NFTs, with the added incentive of winning prizes. The move to incentivize participation is a clever strategy, and it will be interesting to see how it impacts the NFT market in the coming months.
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