ROLLUP: Trump NFT Collection Sells Out | Visa Building Recurring Crypto Payments | Magic Eden Rewards Program | #128
The Milk Road Show
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Is This a Rewards Program?
In this case they're actually supporting both sides of their ecosystem, right? Because they're allowing their nt creators to have a marketing tool as you said to reach the buyers. As part of this rewards program magic is also been experimenting with their fee so when the whole royalty debate started happening and Magic Eden was losing a ton of market share to zero fee Markets they made fees optional on Magic Eden. They removed their 2% Fee so they said we're not we're no longer going to take a fee for a time but will start taking it again in January. So if you Have high levels of rewards if you go into like let's say their fifth tier of the rewards program because you're
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