- The Non-Fungible DAO announced an upcoming airdrop of its NFT token, which will benefit Bitcoin Ordinals traders on platforms like Magic Eden.
- The airdrop rewards will go to users of Magic Eden’s MSigner, which enables signing Bitcoin transactions to trade Ordinals.
- Over 75 million transactions have used MSigner already, and the DAO welcomes other platforms adopting it, suggesting their users could also get the airdrop.
The upcoming airdrop of the NFT token by the Non-Fungible DAO will benefit Bitcoin Ordinals traders on various platforms, including Magic Eden. This article explores the details of the airdrop and what it means for the NFT space.
Details of the NFT Token Airdrop
The Non-Fungible DAO announced the airdrop details in a tweet, saying Magic Eden’s MSigner users will get the token rewards. MSigner lets traders sign Bitcoin transactions to trade Ordinals.
Over 75 million transactions have utilized MSigner so far. The DAO said it welcomes other platforms adopting MSigner, suggesting their users could also get the airdrop.
The NFT token was announced in January. The DAO described it as a decentralized organization aiming to drive NFT commerce adoption.
Which Platforms Will Benefit
Currently, the DAO is closely tied with Magic Eden. Magic Eden will open-source its technologies like its Ethereum launchpad and Solana marketplace contracts. The DAO plans to reward users of these protocols.
Previously, the DAO revealed plans to reward Bitcoin Ordinals MSigner users but hadn’t provided details. The airdrop clarifies those users will benefit.
No Timeline Yet
No timeline is set for the NFT token launch yet. It’s unclear which chains will mint the token. The DAO did not provide immediate clarification when asked.
Conclusion
The upcoming NFT token airdrop is great news for Bitcoin Ordinals traders across platforms like Magic Eden. It shows the growth and impact of Ordinals and benefits those helping drive adoption. Excitement is building in the NFT world ahead of this airdrop.
