NiftyNoon: Magic Eden Launches Rewards Program for SOL Traders

Discounts and free NFTs are given to SOL traders by Magic Eden (December 15, 2022)

Nifty Thought

• Magic Eden introduces Magic Eden Buddies a Reward Program for SOL Traders. As of right now users can sign up for Magic Eden Rewards (Beta) and begin collecting points for purchasing and selling NFTs. Future bonuses and privileges that users can receive with points include free Magic Eden Buddies NFTs and fee discounts that will start in 2023 (fees are waived until EOY). They also collaborate with ecosystem partners and creators to reward the community. By signing in with their main wallet at bit.ly/3URJCRL, users can learn their level as well as discover their Magic Buddy. One of five levels will be given to users. We believe this to be a great way to engage and reward their community as well as attract new users to their platform. We believe SOL NFTs have a great future and Magic Eden as an industry leader with it. To date, Solana has completed the same number of NFT transactions as Ethereum (see post in community news below).

• PayPal collaborates with crypto wallet MetaMask to create a new and more efficient cryptocurrency purchase experience for US customers. This development marks yet another milestone in the acceptance of crypto and PayPal and strengthens the image of crypto overall. The collaboration extends the financial firm's focus on digital assets, which has been a priority since 2020. We believe two of the industry's biggest names teaming up to make it even easier to buy cryptocurrencies for users will attract many new PayPal users to the world of crypto and NFTs and bring much-needed liquidity into the market.

Project News

• Magic Eden rewards SOL traders with discounts and Free NFTs:

  Magic Eden 🪄 @MagicEden

  🧵/ Magic Eden Buddies: Gotta Catch Em All! • Sign in today for Magic Eden Rewards (Beta)! • Start earning points for buying + selling NFTs • Points get you future perks & benefits Fee discounts starting 2023 (fees waived thru EOY)

  

• Crypto Wallet Metamask partners with PayPal to allow users to fund their wallets with ETH via PayPal (US users only):

MetaMask 🦊💙 @MetaMask

Our US users will now be able to fund their wallet with ETH via @PayPal! 🦊 Rolling out in the next weeks in the US, excl. Hawaii, through our mobile app (make sure to update to v5.13.0)🧵👇 consensys.net/blog/press-rel…

consensys.netConsenSys Teams with PayPal for A New Way To Buy Crypto in MetaMask | ConsenSysPayPal will seamlessly integrate within the MetaMask wallet, providing customers with a simple and convenient way to buy Ethereum with PayPal

• DOGAMI Secures $14 Million in Seed Capital for its First Web3 Mobile Game:

  DOGAMÍ @Dogami

  $𝟭𝟰𝗠 𝗧𝗢𝗧𝗔𝗟 𝗙𝗨𝗡𝗗𝗜𝗡𝗚 ✔🐶 We're proud to announce the completion of a new financing round to expand our range of Web3 games and applications for mainstream audiences 🕹️ DOGA House, the first step of the DOGAMÍ universe 🌍 𝗡𝗘𝗩𝗘𝗥 𝗦𝗧𝗢𝗣 𝗕𝗨𝗜𝗟𝗗𝗜𝗡𝗚 💜

• Skins are now available as NFTs on GamerPay for Web3 games:

Y Combinator @ycombinator

YC S21's @GamerPayGG just made it easy for gamers to self-express in blockchain games, enabling them to buy and sell gaming NFTs without using cryptocurrencies at all.

hypemoon.comGamerPay to Release In-Game NFT Assets for Ev.io That Crypto Can’t BuyWith the goal of increasing adoption in the Web2 audience without changing their buying habits and at the same time providing true asset ownership.

Community News

• Great news for the crypto market as the Commodity Futures Trading Commission (CFTC) has stated Bitcoin, Ethereum and other cryptocurrencies as Commodities and not Securities in a new court filing against SBF:

AlexanderMittermeier @AlexMittermeier

Gute Nachrichten für den #Krypto-Markt: Die #CFTC sieht #Bitcoin, #Ethereum & andere #Kryptowährungen als Commodities (Rohstoffe)

crypto-news-flash.comBullish news: Bitcoin and Ethereum are commodities, new court filing rulesCFTC reverses its stance again and includes Ether (ETH) among crypto assets that are commodities in a court filing against SBF.

• Solana has completed the same number of NFT transactions as Ethereum to date:

  Chris Burniske @cburniske

  Was news to me that @solana has executed just as many #NFT transactions as @ethereum to date (h/t @ournetwork__)

  

• Morningstar Ventures will open a $5 million NFT art gallery in Dubai:

Morningstar Ventures @Morningstar_vc

ANNOUNCEMENT: It's with great pleasure that we present our most ambitious project yet: @37xDubai A unique digital art gallery where #Art meets #Technology - built in the heart of #Dubai 🇦🇪💫 Learn more: ➡️ bit.ly/37xdubai-galle… Website: ➡️ 37xdubai.com

• Ryan Salame, former co-CEO of FTX Digital Markets, informed regulators that customer funds were transferred to Alameda Research to "cover financial losses":

  Bloomberg Crypto @crypto

  Ryan Salame, former co-CEO at FTX Digital Markets, told island regulators on Nov. 9 that client assets were transferred to Alameda Research to “cover financial losses” at the trading firm, court filings show

  trib.alBloomberg - Are you a robot?

Bloomberg Crypto @crypto

LIVE: The US Senate Committee continues with a second day of Congressional hearings this week to scrutinize the fallout of FTX’s bankruptcy. Watch it here: trib.al/j8oaE8k https://t.co/R7Gex8MpzB

Quick Stats:

• OpenSea ETH Daily Volume: 7,215 ETH (▼ 0.01%)

• Blur ETH Daily Volume: 2,791 ETH (▼ 0.09%)

• BTC: $17,489.48 (▼ 3.10%)

• ETH: $1,272.36 (▼ 4.96%)

• Solana: $13.98 (▼ 1.68%)

• Polygon: $0.89 (▼ 4.63%)

NFT Daily Winners:

• Chromie Squiggles: 13.13 ETH (▲ 11.27%)

• Bored Ape Yacht Club: 63.00 ETH (▲ 8.64%)

• Moonbirds: 8.14 ETH (▲ 4.10%)

• Proof Collective: 31.00 ETH (► 0.00%)

NFT Daily Losers:

• VeeFriends: 4.69 ETH (▼ 0.02%)

• CryptoPunks: 63.69 ETH (▼ 1.26%)

• Clone X: 6.41 ETH (▼ 2.36%)

• Mutant Ape Yacht Club: 13.50 ETH (▼ 3.57%)

• Azuki: 11.00 ETH (▼ 4.35%)

• Doodles: 6.49 ETH (▼ 5.06%)

• DigiDaigaku 7.80 ETH (▼ 8.24%)

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