Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs

Searching...

The marketplace will use revenue from its entertainment products for $ME buybacks in 2026 to reinforce its token economy.

Magic Eden, an NFT marketplace platform, will expand its $ME token buyback program in 2026 to include revenue from three key products: Swaps, Lucky Buy, and Packs.

The expansion will direct revenue from these entertainment-focused features toward on-chain buybacks of $ME tokens and NFTs. Swaps enables users to exchange digital assets within the Magic Eden ecosystem, while Lucky Buy offers a gamified purchasing mechanism where users acquire NFTs through randomized processes.

Magic Eden to expand $ME buybacks in 2026 using revenue from Swaps, Lucky Buy, and Packs

Other newsrooms on this story

Related reading

Exclusive: Etherealize raises $40 million to expand Wall Street's use of…

Meta commits to spending additional $21 billion with CoreWeave as AI costs keep…

Meta pivots to AI smart glasses as metaverse bet struggles

Wall Street loves Meta’s reported metaverse cuts. Most analysts see 20%-plus…

Nexon expands MapleStory Universe beyond gaming

Income investors can use this strategy to boost 2026 performance, according to…