Bitcoin ordinal numbers Traders on the Magic Eden platform are in for a treat, as the Non-Fungible DAO recently announced that an airdrop of its new Ordinals ‘$NFT’ token is in the works.
Non-fungible DAOs X message indicates that this initiative aims to celebrate the community using MSigner – a tool developed by Magic Eden that helps sign Partially Signed Bitcoin Transactions (PSBTs) for managing Ordinals.
Collectively using the MSigner solution, over 75 million PSBTs have been signed, along with an impressive 1.3 million Ordinal exchanges on the trading platform.
Additionally, the DAO revealed a willingness to provide assistance to other platforms eager to integrate MSigner, suggesting that traders on several other trading platforms may also receive $NFT tokens.
Source: X (non-fungible DAO)Improving NFT trading dynamics
Initially, the $NFT token was marketed as a leap towards shaping innovative NFT trading protocols teased in Januaryis gaining attention for its role in cultivating the NFT trading of the future.
Magic Eden, which boasts high trading volume and is a primary cross-chain trading hub, has partnered with the Non-Fungible DAO. The marketplace plans to contribute its suite of NFT creation and exchange tools to the DAO as an open source offering.
Therefore, the DAO plans to provide token drops to those deploying such technologies – including MSigner for Bitcoin operations and Magic Eden’s launch tooling for Ethereum, along with other applicable protocols.
Although no set schedule has been set for the release of $NFT, expectations are high.
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