Magic Eden announced its tokenomics, with 50.2% of the tokens allocated to the community

ChainCatcher news, 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%, with the initial community allocation accounting for 12.5% of the total supply. Additionally, contributors will receive 26.2%, and strategic participants will receive 23.6%, both including a lock-up period.

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