article-13.png

Successful, sold-out NFT mints can come in many ways. For first time NFT collections and creators, it’s important to carefully consider what is best for your NFT project and feasible to execute, to ensure your project gets off to a strong start. Without a smooth mint, negative sentiment and FUD will almost certainly creep up if NFT collectors have concerns around mint fairness or execution. With more first time NFT users coming to Solana, the minting experience should be user-friendly to get them on NFTs (we're all for onboarding!)Whether you're minting through an NFT platform, like Magic Eden, or on your own, here are some of the most common NFT minting approaches and their advantages to NFT collections:<h3 style="margin-left:0px;">Stealth Mints</h3>Generally, a stealth mint approach releases the minting smart contract at the time of or shortly before the NFT mint goes “live” to the public. Some projects may claim to be “stealth” while using it as a marketing tactic to lead to the launch itself. Marketing a stealth mint is counter-intuitive as a stealth launch should fly under the radar all the way up to the public release for open-minting.Stealth mints are utilized to prevent bots from having access to the smart contract and mint link ahead of the drop time to make tampering more difficult. It also promotes fairness and ensures equal opportunity for all those in the community interested in minting as a project is less susceptible to individuals deploying bots to “mass-mint” rather than allowing a fair launch!&nbsp;Most of the time, stealth mints are discovered by individual, DAOs or groups of NFT collectors on Twitter. Usually, stealth mints will target the attention of well-known players with the hopes of getting their attention and thinking that they may pass it along to their followers.&nbsp;To share a stealth mint: Reach out to key players on social media through DMs and give a quick rocket pitch. Once discovered on Twitter, the focus shifts to Discord where word of mouth discussions and mass invites occur in large quantities in the 24 hours leading up to mint. Friends in other Discord servers will often share the stealth mint’s Discord with one another which quickly attracts many new eyes in a short period of time. Therefore, your project’s Discord should have more detailed information.&nbsp;<h3 style="margin-left:0px;">Standard Mint</h3>A standard mint is a pre-announced mint, whereby the mint address and information are made public ahead of the mint time. These were common in the early days of Solana but with Solana’s increased popularity and entry of nefarious players, standard mints are less common.&nbsp;Standard mint advantages: It allows people to “audit” or look at the smart contract before your NFT mint to verify the legitimacy of the team and collection. It may be easier to build trust. It also allows your project to effectively market your NFT collection and ensure that you have your desired target audience and community size before going through with the launch. A stealth mint, in comparison, can be a bit more risky with these elements.<h3 style="margin-left:0px;">Free Mints</h3>The only cost to free mints on Solana are the transaction fees. Initially popularized on the Ethereum blockchain due to high gas fees (ETH gas fees easily surpasses the value of minting NFTs), free mints were an inexpensive way for creators to get their project into the hands of NFT collectors. This proved to be a great way to create awareness, launch a derivative project or capture secondary market fees, because everyone loves free stuff!Free mints are somewhat less common in today’s Solana environment for a variety of reasons. Primarily due to inexpensive transaction fees, the primary obstacle they were looking to evade is moot. Not to mention, creators invest big into their NFT projects and would want to at least cover costs.&nbsp;Is a free mint for you? Consider it if you're a first time NFT creator or you don’t have a strong social media following and want to entice individuals to explore your NFT collection. You could also use a tiered pricing model. For example, the first 100 mints are free and then there’s a mint price for the rest. Although you may be the real deal and not a scam, a golden rule is to use a burner wallet when it comes to minting NFTs, so advise your community accordingly.

Successful, sold-out mints can come in many ways. We explore some of the most popular minting approaches and their advantages. 

article13-t.png

Which Type of NFT Mint Should Creators Use?

article-16.png

The Street Dreams Origin story starts in the streets of New York City and in the halls of early Instagram days with street artists and photographers of all walks of life —black, brown, white, asian, male, female — building a community for almost a decade and democratizing photography with iPhones, social media, and a communal ethos that led to <a href="https://www.instagram.com/streetdreamsmag/">270,000 IG followers</a> and close to <a href="https://www.instagram.com/explore/tags/streetdreamsmag/">13 million hashtags</a>. Read our story <a href="https://streetdreamscafe.medium.com/what-the-fuck-is-street-dreams-5b858a50213f">here</a>.<h3 style="margin-left:0px;">#NowCrediting</h3>In May 2021, we launched a campaign called #NowCrediting to credit photographers and artists across all platforms and released a single photo NFT by artist <a href="https://twitter.com/IAMAIMOS">Aimos</a> (a portrait of the rapper XXXtentacion that holds the record for <a href="https://www.instagram.com/xxxtentacion/">most commented photo in Instagram history</a>). This sold for $130,000 with a portion of proceeds going to the <a href="https://www.thehotline.org/">National Domestic Violence Hotline</a> and <a href="https://halfthestoryproject.com/">Half The Story</a>.For too long, photographers have gone uncredited for the works they create. Images that travel the globe, inspire millions and sometimes even change lives often move so far away from the source that they completely leave out the original creator. We’ve seen this happen countless times to members of our community with real material and mental costs. With the promise of web3 allowing for proof of provenance, we are slowly changing this narrative and helping create a fairer ecosystem.&nbsp;<h3 style="margin-left:0px;">Web3 🤝 Photography</h3>Shortly after this momentous drop, we were introduced to Solana Labs; they told us they were launching an NFT product called Metaplex and were looking for launch partners with different perspectives and diverse backgrounds. We were new to Solana, but the energy from the community in addition to the transaction fees and environmental impact convinced us we were in the right place.&nbsp;We decided to launch <a href="https://twitter.com/sdcafe_nyc">Street Dreams Cafe</a>, our web3 vertical with the mission to onboard new artists and photographers into the metaverse and contribute diversity and an equal playing field into the space. We quickly understood that web3 and NFTs could help us scale our community and solidify our bonds, trading likes for tokens, and engagement for collective ownership.<blockquote>In a sense, as our friend and SD member Dave Krugman eloquently said, it allowed us to renegotiate our relationship with the internet.</blockquote>And with every magazine issue we’ve published in the past and every gallery show, equal gender representation and racial diversity is paramount. If you browse through our <a href="https://streetdreamscafe.com/#/artists">creator page</a> and dive into the work and social profiles of our artists, you will experience a wide and colorful rainbow of perspectives. This is in our DNA.<h3 style="margin-left:0px;">Behind-the-scenes of Celebrating The Wins</h3>We spent the summer creating our biggest gallery to date at The Seaport in NYC, <a href="https://www.timeout.com/newyork/art/celebrating-the-wins-an-outdoor-art-exhibit">a 3-month art and culture residency</a> called Celebrating The Wins and decided to bring the success of this IRL experience into the metaverse. The entirety of the show was re-adapted for our Metaplex launch - we gathered works from our 35 artists and designed a collection at a scale larger than anything we had seen in the photography NFT space.From ideation to mint launch, the process took almost 6 months with a team of about 10 people from the Street Dreams and Metaplex side working in collaboration on a daily basis. There were so many takeaways from the experience, but the main lesson that stands out is that building something completely new and unprecedented is both scary and exhilarating. Pushing culture and tech in a new frontier means there will be a lot of ups and downs, things will break, sleepless nights will be had, stress levels will spike, but if it leads to new doors opening for thousands and hopefully millions behind us to feel inspired and improve/elevate on our foundation, it becomes entirely worthwhile.The genesis for Celebrating The Wins on Street Dreams Cafe comes from something we had been mulling over for years: What if we could make trading cards for creatives? What would that look like? Inspired by sports cards like Topps and NBA Hoops as well as other collectibles like Marvel cards, Pokémon cards, and even Magic cards, we fantasized about creating our version of this, our own MCU, the Street Dreams Universe.With this project, we are creating digital collectible packs for the creative community, trading cards for photography if you will - something that has never been done before. At least not in the way we envision it. As for everything we’ve ever done, this is about community, inclusivity, and discoverability. We’ve always considered our photography community as a universe full of superheroes and artistic athletes, with the lens as their superpower and a unique point of view being their muscle. Photographers are native digital artists, so the NFT space is the perfect environment for the community to bloom.<h3 style="margin-left:0px;">Our Celebrating The Wins Collection features 49 cards:</h3><ul><li>32 cards from our original cast of <a href="https://twitter.com/sdcafe_nyc/status/1470546310461739009">CTW photographers</a></li><li>12 cards from legendary documentary photographer <a href="http://www.josephrodriguezphotography.com/">Joseph Rodriguez</a></li><li>2 cards from illustrator and concept artist <a href="https://www.instagram.com/okeefe_artist/">Patrick O’Keefe</a></li><li>3 cards from illustrator <a href="https://www.instagram.com/loubot/">Loubot</a></li></ul><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe285cacd-fab6-4a29-8420-735f78c95880_1920x3130.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe285cacd-fab6-4a29-8420-735f78c95880_1920x3130.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe285cacd-fab6-4a29-8420-735f78c95880_1920x3130.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe285cacd-fab6-4a29-8420-735f78c95880_1920x3130.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe285cacd-fab6-4a29-8420-735f78c95880_1920x3130.jpeg 1456w" sizes="100vw" width="1100"></figure>There’s also 5 revealed combos which holders can complete to unlock additional rewards:<ul><li>Full Signature Combo</li><li>Full Premium Combo</li><li>B&amp;W Signature Combo</li><li>B&amp;W Premium Combo</li><li>Harlem 96 Combo</li></ul>One of the main things to keep in mind when collecting are the two main categories- Premium and Signature. Premium cards have a white border and represent 80% of the supply. Signature cards, or “sigs” as they are already becoming known, have a black border and represent 20% of the supply. Both categories have their own rarities and combos but Signature cards are generally more rare. Rarity is further divided into 3 groups, in addition to Joseph Rodriguez, Patrick O’Keefe and Loubot having their own rarity.For the full breakdown and rewards, click <a href="https://streetdreamscafe.medium.com/rarity-combos-ca0420396141">here</a>.<h3 style="margin-left:0px;">Patrick O’Keefe</h3><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F558c3000-cdd9-4602-800b-248ce09f23d1_8000x4000.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F558c3000-cdd9-4602-800b-248ce09f23d1_8000x4000.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F558c3000-cdd9-4602-800b-248ce09f23d1_8000x4000.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F558c3000-cdd9-4602-800b-248ce09f23d1_8000x4000.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F558c3000-cdd9-4602-800b-248ce09f23d1_8000x4000.jpeg 1456w" sizes="100vw" width="1100"><figcaption>We Are Bigger Than Our Buildings by Patrick O’Keefe</figcaption></figure>Two of the rarest cards in the collection are a pair by concept artist <a href="https://www.instagram.com/okeefe_artist/">Patrick O’Keefe</a> who also happens to be the Production Designer for Sony Pictures Animation, Marvel Comics and the Spider-Man: Into The Spider-Verse franchise. These two cards combine to complete an original piece of artwork called “We Are Bigger Than Our Buildings”.Patrick on the inspiration behind this piece:<blockquote>“They tower above us, house us, and employ us. They are icons on postcards around the world. What is a city without its buildings? But what are those buildings without the people? New York’s skyline is big, but its personalities are bigger. Its architecture bold, but dull compared to those that call it home. The history and the future is not held in brick and mortar, it's in the hands of the people who placed them. We think it's the cities we're from that define us, when truly it is us who define our city. We are bigger than our buildings.”</blockquote>In partnership with Magic Eden, Street Dreams Cafe and Patrick O’Keefe will be auctioning the original piece as a 1 of 1 on the <a href="https://magiceden.io/auctions">17th of January</a>.Welcome to the Cafe. Have a seat :) &nbsp;

Street Dreams decodes their randomized pack NFT collection — the first major photography project on Solana — and breaks down the content, rarity, and grails; one of which will be auctioned on Jan 17. 

article-16-t.png

Street Dreams Cafe: Decoding Our First Photography NFT Project

article-26.png

From classic animal pfps to utility-based NFTs, to metaverse homes and gaming NFTs, we’ve seen all sorts of use cases for NFTs. As the year comes to a close, we wanted to highlight two NFT projects that are bringing something different to Solana:<h4 style="margin-left:0px;">Photography: Street Dreams Cafe</h4>As a creative collective, Street Dreams has been building community over the last 10 years. With their web3 extension, Street Dreams Cafe, they launched ‘<a href="https://magiceden.io/marketplace/sd_cafe_celebrating_the_wins">Celebrating the Wins</a>’, the first randomized pack collection on Solana. The collection features 15,000 digital trading cards from 35 different artists. Packs come in different sizes and there are two editions with <a href="https://streetdreamscafe.medium.com/rarity-combos-ca0420396141">differing rarities “Premium” and “Signature”</a>. In line with their vision, the collection focuses on community, inclusivity and discoverability. For some members of their community, this was their first time buying a SOL NFT.&nbsp;&nbsp;<div class="raw-html-embed"><blockquote class="twitter-tweet" conversation="none">First Solana NFTs thanks to <a href="https://twitter.com/EchoicProponent?ref_src=twsrc%5Etfw">@EchoicProponent</a>! Two of my favorites from the beautiful collection by <a href="https://twitter.com/sdcafe_nyc?ref_src=twsrc%5Etfw">@sdcafe_nyc</a>. <a href="https://t.co/zY8g4V93wZ">pic.twitter.com/zY8g4V93wZ</a>— Joan (@joanofdao) <a href="https://twitter.com/joanofdao/status/1476044692848402432?ref_src=twsrc%5Etfw">December 29, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>Their venture into the world of NFTs first came when they partnered with photographer Pedro Vazquez (aka <a href="https://www.instagram.com/Aim.os/">Aimos</a>) for a 24-hour auction of the legendary <a href="https://www.instagram.com/p/Bi-hISIghYe/">portrait of the late rapper XXXtencacion</a>, the last portrait of him posted on his page before his murder. In an effort to “get artists their proper credit and for him [Aimos] to share the mental impact from his harrowing experience with this image”, they launched the #NowCrediting movement with Aimos. The 1 of 1 sold for a record price for photography NFTs — $125,000 — and a portion of proceeds were channelled to the <a href="https://www.thehotline.org/">National Domestic Violence Hotline</a> and <a href="https://halfthestoryproject.com/">Half The Story</a>, an organization promoting digital wellbeing.&nbsp;<h4 style="margin-left:0px;">Fashion: Space Runners</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_lossy/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb373b44-be40-4d17-8bd3-9e24b13465ba_600x600.gif" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_lossy/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb373b44-be40-4d17-8bd3-9e24b13465ba_600x600.gif 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_lossy/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb373b44-be40-4d17-8bd3-9e24b13465ba_600x600.gif 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_lossy/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb373b44-be40-4d17-8bd3-9e24b13465ba_600x600.gif 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_lossy/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fdb373b44-be40-4d17-8bd3-9e24b13465ba_600x600.gif 1456w" sizes="100vw" width="424"></figure>Sneakerheads and NFT degens go together like peanut butter and jelly. There’s just something about the promise of hype and clout. <a href="https://magiceden.io/marketplace/space_runners">Space Runners</a> is the first digital sneaker brand and their first drop brings fashion and the NBA to the metaverse. Their NBA Champions Sneaker collection with <a href="https://twitter.com/kylekuzma">Kyle Kuzma</a> and <a href="https://twitter.com/NickSwagyPYoung">Nick Young</a> sold out in under 10 minutes!&nbsp;These NFTs are wearable through augmented reality. But, that’s not all. Space Runner holders are also members of the RUNNERS club which gives them access to IRL perks — tickets to NBA basketball games, signed merch, celebrity meets after games or concerts, and priority access to whitelist and pre-sales. A Space Runners NFT gives you sweet metaverse kicks but there’s also utility in the real world.&nbsp;Space Runners also does good — they donated a customized, 1 of 1 NFT to <a href="https://twitter.com/Boxingbullies">Boxing Bullies</a> for their live English auction on the 19th of December. The Boxing Bullies x Space Runners NFT raised $20,000 for anti-bullying initiatives.&nbsp;<div class="raw-html-embed"><blockquote class="twitter-tweet" conversation="none">SpaceRunners x <a href="https://twitter.com/Boxingbullies?ref_src=twsrc%5Etfw">@Boxingbullies</a> sneaker NFT has closed as the highest bidded NFT on <a href="https://twitter.com/jakepaul?ref_src=twsrc%5Etfw">@jakepaul</a>’s auction with $20,000 🔥🥊 All proceeds goes to <a href="https://twitter.com/hashtag/charity?src=hash&amp;ref_src=twsrc%5Etfw">#charity</a> to fight against bullying - we’re extremely happy to support! Using “<a href="https://twitter.com/hashtag/NFTs?src=hash&amp;ref_src=twsrc%5Etfw">#NFTs</a> for good” will always be a top priority🎗🙏<a href="https://twitter.com/hashtag/metaverse?src=hash&amp;ref_src=twsrc%5Etfw">#metaverse</a> <a href="https://t.co/cDlQfjqyhI">pic.twitter.com/cDlQfjqyhI</a>— Space Runners | Fashion Metaverse (@SpaceRunnersNFT) <a href="https://twitter.com/SpaceRunnersNFT/status/1472822654419755010?ref_src=twsrc%5Etfw">December 20, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><hr>🪄 Congrats, This Week's Top Performing Collections on ME! (12/22-28)<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1034f213-bf36-4524-bc9f-4e5f28663d25_2000x2000.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1034f213-bf36-4524-bc9f-4e5f28663d25_2000x2000.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1034f213-bf36-4524-bc9f-4e5f28663d25_2000x2000.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1034f213-bf36-4524-bc9f-4e5f28663d25_2000x2000.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1034f213-bf36-4524-bc9f-4e5f28663d25_2000x2000.png 1456w" sizes="100vw" width="1100"></figure><hr>🚀 Launchpad Releases<a href="https://blog.magiceden.io/p/magic-eden-launchpad">Launchpad</a> is Magic Eden’s white-glove full-minting support service with cutting edge capabilities, outbound marketing support and automatic listing. We provide the widest reach, exposure and tools for creators to launch their collections on Solana.<h4 style="margin-left:0px;">Sigh Ducks&nbsp;</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F638967a0-99ac-4f00-ba12-f573b94a20fd_1359x1479.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F638967a0-99ac-4f00-ba12-f573b94a20fd_1359x1479.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F638967a0-99ac-4f00-ba12-f573b94a20fd_1359x1479.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F638967a0-99ac-4f00-ba12-f573b94a20fd_1359x1479.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F638967a0-99ac-4f00-ba12-f573b94a20fd_1359x1479.jpeg 1456w" sizes="100vw" width="342"></figure>On Nov. 12th, <a href="https://twitter.com/sighducks">Sigh Ducks</a> launched their PX777 NFT mint pass and sold out. They’ll be minting Gen 0 soon and you can stake both NFTs on their portal to generate their native token $DOOK daily. Certain traits may generate additional $DOOK. With their token, you can also participate in The Grand Dook Casino, Gen 1 minting and purchase merch both IRL and in the metaverse.&nbsp;Launchpad Mint: 30 Dec 3 pm EST, 2,554 Sigh DucksNote: Total NFT supply is 4,554 Sigh Ducks.<h4 style="margin-left:0px;">MonkeyBall</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F2c9d5cf7-2991-471c-95a9-3ea53a77b07c_1280x1280.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F2c9d5cf7-2991-471c-95a9-3ea53a77b07c_1280x1280.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F2c9d5cf7-2991-471c-95a9-3ea53a77b07c_1280x1280.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F2c9d5cf7-2991-471c-95a9-3ea53a77b07c_1280x1280.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F2c9d5cf7-2991-471c-95a9-3ea53a77b07c_1280x1280.jpeg 1456w" sizes="100vw" width="402"></figure>An experienced team and game studio brings to you <a href="https://twitter.com/monkeyballgame">MonkeyBall</a>, a 4v4, play-to-earn soccer game that’s fun to play but will also serve a challenge. Matches are played between two teams each with four monkeys playing different positions. Their initial game mode will be released by the end of Q1 2022. Check out a sneak peek of the game <a href="https://www.youtube.com/watch?v=qzMKSi0dX18">here</a>!&nbsp;Launchpad Mint: 4 Jan, 1,000 MonkeysNote: The main public sale of 5,000 Monkeys will take place on Jan 6th on <a href="https://www.monkeyball.com/">MonkeyBall.com</a>.&nbsp;<h4 style="margin-left:0px;">Proof of Consciousness</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F292b6f04-4603-4aa8-8a6e-beac40043300_1000x1000.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F292b6f04-4603-4aa8-8a6e-beac40043300_1000x1000.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F292b6f04-4603-4aa8-8a6e-beac40043300_1000x1000.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F292b6f04-4603-4aa8-8a6e-beac40043300_1000x1000.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F292b6f04-4603-4aa8-8a6e-beac40043300_1000x1000.jpeg 1456w" sizes="100vw" width="386"></figure>The <a href="https://twitter.com/Conscious_NFT">Proof of Consciousness</a> collective has a mission to “elevate and unite human consciousness”. They host regular meditations online and their NFT serves as a membership token. They’ll also be donating to MAPS (Multidisciplinary Association for Psychedelic Studies).&nbsp;Launchpad Mint: 5 Jan, 4,444 Orbs of ConsciousnessNote (updated 30 Dec): Proof of Consciousness has changed their mint to a later date.<hr>📢 Our Merch Store is LIVE!<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6276c954-186d-48ae-afae-ffd7b0d15f4e_400x400.gif" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6276c954-186d-48ae-afae-ffd7b0d15f4e_400x400.gif 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6276c954-186d-48ae-afae-ffd7b0d15f4e_400x400.gif 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6276c954-186d-48ae-afae-ffd7b0d15f4e_400x400.gif 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6276c954-186d-48ae-afae-ffd7b0d15f4e_400x400.gif 1456w" sizes="100vw" width="400"></figure>We have 5 caps for you to choose from! Including a <a href="https://shop.magiceden.io/products/thugbirdz-x-magic-eden-caw-caw-hat">ThugBirdz</a> collab. We hope you enjoy these hats which we’re selling at cost!<a href="https://shop.magiceden.io/">https://shop.magiceden.io/</a><hr>❗️Following our move to an open-listing model: We have a <a href="https://blog.magiceden.io/p/magic-eden-open-listing-nft-marketplace">flagging mechanism</a> to keep users safe.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 1456w" sizes="100vw"></figure>Here’s how to flag collections:&nbsp;<ol><li>Click on the flag icon.</li><li>Select a reason for reporting from the dropdown menu. If your reason for reporting is not listed, choose ‘others’ and elaborate on your concern.</li><li>Once you’ve selected your reason, click ‘report’.</li></ol>We’d still love to hear your feedback to ensure that Magic Eden is the NFT Marketplace that Solana deserves. Join our Discord channel <a href="https://discord.com/invite/magiceden">here</a>.

We're excited to see the NFT space on Solana grow and expand!

article26-t.png

Creative NFT Expression: Photography & Fashion

Keep in touch

Main Menu

Playbook

Guide

Marketplace

Resources

Social

Footer

Magic Eden

Hey guys,Hope you enjoyed our surprise airdrop yesterday! We’re so excited to share more about Magic Ticket and MagicDAO with you. Over the last few months, we’ve been wanting to find a way to work together with our community. We also wanted to find a meaningful way to fund projects that serve the ecosystem. Finally, we wanted to show some love to people who actively trade on Magic Eden.A note on scams - there are fake airdrops happening right now. Unless your NFT is a Magic Ticket, it is a scam. Please be weary and only visit <a href="http://magiceden.io/">magiceden.io</a>. Check your URLs. Do NOT give your private keys or password to anyone. Make sure that you are only receiving emails from <a href="mailto:noreply@magiceden.io">noreply@magiceden.io</a>. Double, triple check all of the above. If you’re not sure if you’re about to get scammed, DM us.About Our Airdrop:Our team designed 3 levels of Magic Tickets based on the 1st date of transaction with ME and having also been active in the past month:<ul><li>OGs - people who first transacted on ME from Sep 17 - Oct 17</li><li>Degens - people who first transacted on ME between Oct 18 - Dec 18</li><li>Normies - people who first transacted on ME Dec 19 onwards</li></ul>Timeline:<ul><li>Yesterday (Monday, Feb 21), we airdropped around 4K NFTs to active wallets (meaning they have conducted a trade on Magic Eden in the last month) that connected their discord IDs + emails.</li><li>Today (Tuesday, Feb 22): we will continue airdropping active wallets.</li><li>Tomorrow (Wednesday, Feb 23), we will airdrop active wallets from last month who connect email / discord by end of day Tuesday, Feb 22.</li><li>This will conclude our first drop. By the nature of what we’ve described, we do not have a final # for a set quantity.</li><li>We will compile a master list of all wallets that should have received a Magic Ticket and we will work on reconciling cases where people were on the list but did not receive a ticket. Our ops team is working hard to keep up with all the requests in the meantime.</li></ul>Why Didn’t I Get An Airdrop?Please keep in mind the airdrops are not completed yet. We’ve found that most folks who DM us have been able to get their questions sorted through <a href="https://intercom.help/magiceden/en/articles/6000915-magic-ticket-airdrop">this help center article.</a> We are still seeing additional questions and trying to diagnose remaining issues with discord / email connection.Why Connect Discord / Email?We saw that there were some people who asked us why we requested an email / discord connection. The main reason is that we wanted to make sure people receiving the airdrop were actual people.&nbsp;In the spirit of transparency, here’s how we will use your data:<ul><li>Discord:<ul><li>We use your Discord to confirm you’re a holder because we built our own verification bot. That’s it.</li></ul></li><li>Email:<ul><li>We will add you to our newsletter subscription list to send you a weekly newsletter, which we prefaced under your email opt-in in your profile, so there should be no surprises there. You can unsubscribe from the newsletter at any time.</li><li>We will email you in the future (date TBD) to ask if you’d like to receive email notifications covering key platform activities like bids, offers, subscribing to listing and launch. Many community members have asked us for email notifications. However, you can directly opt out of the email from there if you don’t want notifications. Additionally, you will have the option to change your notification preferences on our platform soon.&nbsp;</li><li>Please note all emails will come from <a href="mailto:noreply@magiceden.io">noreply@magiceden.io</a>. Our weekly newsletter currently comes from <a href="mailto:magiceden+me-weekly@substack.com">magiceden+me-weekly@substack.com.</a> Please disregard all other emails and beware of scams.</li></ul></li></ul>These are the only use cases we have planned, and anything on top of that will be communicated explicitly for you to decide whether you want to partake or not.We’re building a way for you to easily disconnect your email at anytime. For now, if you’ve already verified your email, you can simply replace the email to a fake email (e.g., asd;fljas;dklfja;dslkjf;adlsjf@cdeeznuts.com) if you don’t want to have your email connected. We do not store your information once it’s disconnected.About Our Levels: Normie, Degen, OGThe reason we created 3 sections of our DAO was to create different experiences that will be most helpful for different groups in our community. There are many different types of people in our ecosystem. Different people, depending on how long they’ve been in the Solana NFT ecosystem, look for different things. OGs are people who have been in the ecosystem for a long time and are considered veterans in the NFT space. Degens are people who have been in the ecosystem for a few months and have immersed themselves in the world of NFTs. Normies are people who are dipping their toes into the NFT scene on Solana but want to learn more.We think each level includes people with shared objectives. Many of these goals will overlap with other groups and we will look to accommodate that:Examples of objectives for OGs:<ul><li>Champion stronger projects</li><li>Build better tools for NFT marketplaces (analytics, safety tools, trading tools)</li><li>Brainstorm ideas to strengthen the ecosystem in general</li></ul>Examples of objectives for Degens:<ul><li>Learn how to become better traders</li><li>Get connected to other project founders / devs / marketers</li><li>Help identify scams / rugs</li></ul>Examples of objectives for Normies:<ul><li>Make friends + help the ecosystem feel more inclusive</li><li>Learn how to gauge the quality of projects</li></ul>These goals will change over time as our DAO, our community and the Solana NFT ecosystem evolves, so we must all acknowledge a level of adaptivity and experimentation here.About MagicDAOThe primary markers of a DAO are as follows:<ul><li>A mission and set of rules to which will operate</li><li>Funding and treasury that can be used to fund and reward certain activities&nbsp;</li><li>Voting rights to establish operation rules and make key decisions</li></ul>To that point, here is our approach to managing the DAO:MagicDAO Mission: MagicDAO’s purpose is to work together with our community to create a stronger Solana NFT ecosystem. Of course, we have a vested interest in the health of Magic Eden as a platform. However, we think that as a platform, we have the opportunity to make the ecosystem better. There will be situations where both goals are possible. There may be other situations where some tensions may exist. However, our creation of MagicDAO is a commitment to identify and work through these tensions with the community openly and transparently in order to support the people who use ME.Funding:&nbsp; We have put in 1,000 SOL from our fees to kickstart the DAO. From there on out, 5% of creator royalties on secondary sales and 2% of trading fees from Magic Ticket will be used to also fund MagicDAO as a dedicated budget. We may run future campaigns to generate more DAO funding. While we are not launching a token-based DAO, we are creating an NFT-gated access to MagicDAO via Magic Ticket and consider this an experiment to grow closer to our community. We expect our DAO’s purpose and decisions to evolve over time, and we want to co-create the experience with the community. All funds will be used for initiatives that serve the community.Governance: Each person in MagicDAO will be given voting privileges on various initiatives. We will also have a governance model for each level to ensure decentralized ownership of each level.&nbsp;<ul><li>Core teams: MagicDAO will identify core teams of 5-10 people for each level who can refine the objectives and curate projects at that level (time commitment 5-10 hours per week). Core teams should be extremely passionate about the objectives for their level.</li><li>Advisors: We will also identify 4-5 advisors per level to provide guidance several times per month (time commitment 5-10 hours per month).&nbsp;</li><li>These advisors and working teams will be placed in groups together with members of the Magic Eden team, who will serve as support on the projects at each level (but ultimately led by core teams). Advisors are welcome (but not obligated) to share that they are <a href="http://twitter.com/themagicdao">@TheMagicDAO</a> advisors in their Twitter bios.&nbsp;</li><li>Core teams and advisors may receive additional voting privileges on key initiatives (e.g., their votes might count as double). We want these people to reflect who the community wants to see.&nbsp;</li><li>Magic Eden has identified advisors, but we will ask for the community to elect the core teams for each level. Expect elections in the upcoming month.</li></ul>All of the above is subject to change based on community input. We will refine governance over time with the community’s input. In the beginning, Magic Eden’s team will be more heavily involved in decision-making since we want to start slowly and make sure MagicDAO is successful. Over time, we hope the community will play a larger role. Tangibly, what this means is that budget allocation and advisor selection across levels may first be a Magic Eden decision, but eventually we hope to work out a system where DAO members can have more ownership for who’s leading the levels and how projects can pitch for or receive funding.The Map of Eden:We have put together a roadmap for your review and expect it to evolve and grow over time.Soon (in the next 2 weeks):<ul><li>Dedicated treasury wallet to fund initiatives: As mentioned, 5% creator royalties and 2% transaction fees from Magic Ticket will fund the DAO. We also added 1,000 SOL from our side to help kickstart the DAO.</li><li>Homepage curation: Members will be able to vote on MagicDAO featured collections on our homepage. To reduce conflict of interest, only select Magic Eden employees will see these collections before they are featured on our homepage, and they will be barred from aping into these collections in advance</li><li>Hacker challenge: Given that we <a href="https://api.magiceden.dev/">recently published our API</a>, we will lead a hacker challenge to co-develop challenges and bounties for winners</li><li>Merch: We have already developed merch designs and will sell these to our MagicDAO holders for free (we’ll waive the price but you will likely have to cover shipping, still working out details)</li><li>Whitelists for Launchpad: Moving forward, we expect to secure whitelists for Magic Ticket holders. We know the whitelist game gets painful. Given how hot certain mints are, we want to reserve some supply for Magic Eden users. However, we know that for creators, whitelists are challenging because the redemption rates are variable. For that reason, we expect to develop a way to reward people who redeem and potentially disallow further whitelists from users who repeatedly abuse receiving and not redeeming whitelists. These tactics will be worked out with the community.</li><li>Dedicated feedback sessions for ME in general: We always want to learn how to make our platform better and want to listen to active users who care about Magic Eden. We’ll hold a regular forum where people can share their concerns. At least 1 co-founder will be present during these sessions. TBD if they will be voice or general chat.</li><li>AMAs: We will host regular AMAs with the DAOs of blue chip collections. Our first AMAs will include ThugDAO, LotusDAO and NootDAO.</li></ul>Medium term (in the next 1-2 months):<ul><li>Magic Ticket event at NFT LA: We’re still planning, but we expect to have either an exclusive event for Magic Ticket holders only or a public event that gives special perks to Magic Ticket holders</li><li>Elections for OG, Degen, Normie core teams: We will create an election campaign where people can vote on who they want to lead the charge per level. These people will be in charge of managing initiatives.</li><li>Games &amp; challenges: We intend on developing community challenges that can build tribalism and camaraderie within the levels, teach people about NFT trading, and raise funds for the DAO.</li><li>Ecosystem / collection perks: More to come, but at at a high level, we want to offer brands, collections, or ecosystem partners to give perks to our Magic Ticket holders based on their desire to receive such perks. Our desire for holders is to feel like holding a Magic Ticket is a ticket to the Solana Metaverse, where they can get some fun freebies, access to certain spaces, discounts, etc if they so wish.</li></ul>Next steps:<ul><li>Today (Tuesday US time), we will share this document publicly. Throughout the day, we will collect feedback to this document in our Discord DAO general chat.&nbsp;</li><li>On Tuesday evening US time 10 pm ET, we’ll hold our first DAO meeting to welcome everyone, say hi, and collect more feedback.</li><li>Afterwards, we will ask the DAO members to help us refine the objectives for each level. We will focus on setting up advisors and elections for teams for each level.&nbsp;</li></ul>Thank you all for reading and looking forward to your feedback!Cheers,ME Team

Learn about our plans to work together with the community...

About Magic Ticket Airdrop & MagicDAO Roadmap

Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team.&nbsp;A big shoutout to the community — we implemented these features thanks to your feedback — so, keep them coming! We appreciate you.Here’s a round-up of features:<h4 style="margin-left:0px;">Jan 3: Auctions are LIVE!</h4>Both Dutch and English auctions are available on Magic Eden. We hosted our first English auction for 24 hours with Gooney Toons. The winning bid closed at 125 SOL!<div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none">To show our commitment to artists and celebrate them for pushing the Solana ecosystem, we are proud to announce that our 1ST EVER LAUNCHPAD AUCTION goes live in 8h 🤩🤩🤩 English auction GOONEY TOONS NIGHT OUT by <a href="https://twitter.com/GooneyToonsNFT?ref_src=twsrc%5Etfw">@GooneyToonsNFT</a> site is now up👇🏼!!<a href="https://t.co/F5xFGbKixd">https://t.co/F5xFGbKixd</a> <a href="https://t.co/rkSX5kvij0">pic.twitter.com/rkSX5kvij0</a>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1478003429738000388?ref_src=twsrc%5Etfw">January 3, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Jan 1: “Fat Finger Check”</h4>Remember that time you accidentally listed an NFT below its floor price? Yeah… that’s not going to happen, again. If a user types in a listing price that’s lower than the collection floor price, a warning will pop up. We got you!<div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none">By popular demand: fat finger check (for lack of a better term)! Now, if you accidentally offer to list your NFTs below floor price, we will warn you in advance 🤝 <a href="https://t.co/HOo6x6XqNu">pic.twitter.com/HOo6x6XqNu</a>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1477020810715959300?ref_src=twsrc%5Etfw">December 31, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Jan 1: Play on Magic Eden!</h4>Buy your blockchain gaming NFT on Magic Eden and within the same collection page, you can play that game! To start, we’ve embedded <a href="https://magiceden.io/marketplace/mrn_s1_vikings_premium_drop">Mini Nations</a> on Magic Eden. Fun fact: Our dev team delivered this feature in less than a day.<div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none">Wyd for NYE? We're playing <a href="https://twitter.com/MiniNations?ref_src=twsrc%5Etfw">@mininations</a> 😉 Now offering users the chance to play games directly on Magic Eden! Congrats <a href="https://twitter.com/farawaygg?ref_src=twsrc%5Etfw">@farawaygg</a> on your 2nd drop 🎉<a href="https://twitter.com/hashtag/gg?src=hash&amp;ref_src=twsrc%5Etfw">#gg</a> <a href="https://twitter.com/hashtag/EdenGames?src=hash&amp;ref_src=twsrc%5Etfw">#EdenGames</a><a href="https://t.co/4l8zFEalxG">https://t.co/4l8zFEalxG</a> <a href="https://t.co/6Op47kqO9q">pic.twitter.com/6Op47kqO9q</a>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1477142460853850113?ref_src=twsrc%5Etfw">January 1, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Dec 29: Collection Search by Volume</h4>When you use our search bar, collections are ranked by volume instead of by alphabet.<div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none">By popular demand: now, searches are prioritised by volume vs alphabet. Gotta hand it to <a href="https://twitter.com/thugbirdz?ref_src=twsrc%5Etfw">@thugbirdz</a> and <a href="https://twitter.com/BoryokuDragonz?ref_src=twsrc%5Etfw">@BoryokuDragonz</a> for being most vocal about this. Hope this helps 🤙🏼 <a href="https://t.co/4MtYUGHqVV">pic.twitter.com/4MtYUGHqVV</a>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1476076960031789057?ref_src=twsrc%5Etfw">December 29, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Dec 23: Community-led Flagging&nbsp;</h4>Following our move to an <a href="https://blog.magiceden.io/p/magic-eden-open-listing-nft-marketplace">open-listing model</a>, collection flagging was a top of mind feature. We appreciate how active the community has been in reporting problematic collections to us on an ongoing basis. Community-led flagging allows the community to play an active role on Magic Eden.<div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none">Now live: ability to flag problematic collections. Please remember w/ great power comes great responsibility. Let's use this flag fairly so the entire community benefits. For now, our team will monitor on the backend to remove / keep flags or escalate for delisting if needed. <a href="https://t.co/FNHwk8CWRN">pic.twitter.com/FNHwk8CWRN</a>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1473860740775919617?ref_src=twsrc%5Etfw">December 23, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Dec 23: Special Mint Button</h4>This is a white-label minting feature we rolled out for Launchpad. It enables creators to host the mint on their website with tools and support from Magic Eden.<div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none">As an early Christmas gift, we specially prepared Raydium's very own mint button! 💝 Heads up <a href="https://twitter.com/search?q=%24RAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RAY</a> stakers, the <a href="https://twitter.com/RaydiumProtocol?ref_src=twsrc%5Etfw">@RaydiumProtocol</a> x Magic Eden Holiday NFT Mint is happening at 12PM UTC! Mint 1 and enjoy a 2% fee rebate whenever you purchase an NFT from <a href="https://t.co/4cJFyexmLL">https://t.co/4cJFyexmLL</a>. <a href="https://t.co/augLaS8lEh">pic.twitter.com/augLaS8lEh</a>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1473976934417711108?ref_src=twsrc%5Etfw">December 23, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Dec 22: Wallet Auto-Connect</h4>A simple but necessary feature for a seamless experience on Magic Eden. If you’re already connected on <a href="https://magiceden.io/">magiceden.io</a>, you won’t get disconnected if you refresh the page. You’ll automatically be connected. If you’re not connected, a pop-up will show once and won’t appear once connected.<h4 style="margin-left:0px;">Dec 21: GLB Support&nbsp;</h4>We’ve implemented GLB support, a 3D file format which allows NFTs that uses virtual reality and augmented reality (among others) to take flight.<h4 style="margin-left:0px;">Dec 20: Data Source Change for Popular Collections</h4>Popular collections are directly computed from our in-house database. We are currently using the last 24 hour volume and displaying the top 8 NFT collections on Magic Eden.<h4 style="margin-left:0px;">Dec 17: New Launchpad Feature - Whitelisted Wallets</h4>Whitelisted wallets can get an exclusive countdown while everyone else sees a different “presale” label on the button. This enables <a href="https://magiceden.io/launchpad">Launchpad</a> projects to further customize their mint by having a mixture of a pre-sale and public launch or a completely private launch. It also works for a 100% stealth launch.<hr>🛠 So much more to come. Tweet your suggestions to us <a href="https://twitter.com/MagicEden_NFT">@MagicEden_NFT</a>. Let’s build together!

A round-up of Magic Eden's Dec-Jan latest features and updates!

We Always Ship: January

If you are new to NFTs, setting up your Solana wallet is an important place to start. Your wallet will be your access point to all things NFT: it is where you exchange tokens, purchase NFTs, and store these assets.&nbsp;Your wallet contains two key components:<ol><li>Your unique Solana address (public key) which you can share with others to receive funds and digital assets</li><li>Your private key, which makes sure you are the only one who can access and transact with those funds and assets. Think of this as your password.</li></ol><h3 style="margin-left:0px;">Software vs. Hardware</h3>A wallet can be either hardware or software. Among Magic Eden users, a software wallet is a popular choice - it is an easy and free way to transfer and store your funds and assets. These wallets are typically available as a browser extension and/or phone app, which you can easily connect to Magic Eden.&nbsp;For those interested in an increased level of security, a hardware wallet is a great option. Your private keys will be stored in a physical device and you will need an additional password to access the funds and assets stored there.<h2 style="margin-left:0px;">Choosing your Wallet&nbsp;</h2><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 1456w" sizes="100vw" width="1100"></figure>When connecting to a wallet for the first time, you will notice that Magic Eden connects to several different Solana wallets -&nbsp;Phantom, Slope, Sollet, Solflare, Clover, Ledger, Solong, and MathWallet.Let’s explore which of these wallets is right for you:&nbsp;<h3 style="margin-left:0px;">Phantom</h3><a href="https://phantom.app/">Phantom</a> is an easy-to-add browser extension with an intuitive user interface. It’s currently supported by all major browsers (Chrome, Firefox, Microsoft Edge, Brave). Phantom is currently only available as a browser extension, with the mobile app still in development.&nbsp;Phantom is a non-custodial wallet, meaning your private keys are stored on your device so that only you have access to the wallet’s contents. It supports linking to a hardware wallet, for those interested in having both.&nbsp;Phantom is one of the most popular wallets available in the Solana ecosystem right now, with a wide range of functionalities and users at every expertise level. It connects to nearly every Solana dApp and is a great option for those new to MagicEden!<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 1456w" sizes="100vw" width="500"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Slope</h3><a href="https://slope.finance/">Slope</a> is a cross-platform non-custodial mobile Solana wallet. Slope, unlike Phantom, offers both a mobile application and a browser extension. Slope also uniquely supports both Solana and Ethereum assets, and allows users to import existing Ethereum addresses directly into Slope wallet.&nbsp;Slope is a great option for those who prefer a mobile experience. Magic Eden is on Solana but if you also interact with Ethereum-based applications and exchanges, Slope is a great all-in-one option!<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 1456w" sizes="100vw" width="518"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Sollet</h3><a href="https://www.sollet.io/">Sollet</a>, unlike the other wallets on this list, is a totally open-sourced wallet. It is designed for advanced Solana users and developers, and provides some useful developer functionalities. However, it offers less support and a less optimized user interface. In fact, when navigating to Sollet’s website, you will see a pop-up directing you to Phantom or Solflare for better user support and functionality. Sollet offers both a web app and browser extension.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 1456w" sizes="100vw" width="512"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Solflare</h3><a href="https://solflare.com/">Solflare</a> is a cross-platform non-custodial wallet for Solana users - it is available in mobile and&nbsp; browser. It’s a popular alternative to Phantom with similar functionalities such as staking and hardware wallet support. It’s a good option for those interested in hardware integration and mobile functionality.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 1456w" sizes="100vw" width="522"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Clover</h3><a href="https://clover.finance/">Clover</a> is a DeFi-focused cross-platform wallet, with support for Solana along with 8+ additional chains. Clover includes NFT support, gas-saving transfer functionalities for EVM based assets, and a DeFi app store. This wallet is a great option for the crypto-savvy, multi-chain user with an interest in DeFi applications as well as NFTs. Clover is available as a browser extension, mobile app, and web app.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 1456w" sizes="100vw" width="524"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Ledger</h3><a href="https://www.ledger.com/">Ledger</a> is a hardware wallet for crypto asset storage and exchange. It comes in two different models, the Nano S and the Nano X, costing $60 and $120 respectively. It integrates easily with software wallets such as Phantom and Solflare. It provides storage for a variety of assets (SOL, ETH, BTC, etc.) and is a great option for those interested in a more secure wallet option.&nbsp;Hardware wallets can be confusing for beginners, so you may wish to opt for a software wallet instead. For those actively trading with a substantial number of assets, however, this hardware wallet is a great option for increased asset security.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg" alt="Ledger Live - Securely Supporting ERC-20 Tokens | Ledger" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 1456w" sizes="100vw" width="506"><figcaption>Source: Ledger</figcaption></figure><h3 style="margin-left:0px;">Solong</h3><a href="https://chrome.google.com/webstore/detail/solong/memijejgibaodndkimcclfapfladdchj?hl=en-US">Solong</a> is currently offered only as a browser extension. Solong offers a clean interface for users to interact with Solana dApps and assets. Solong also includes the in-app ability to mint new SPL tokens.&nbsp;Solong is not nearly as popular as wallets such as Phantom and Solflare, and isn’t updated quite as often.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 1456w" sizes="100vw" width="512"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">MathWallet</h3><a href="https://mathwallet.org/en-us/">MathWallet</a> is a multi-platform wallet offering both mobile and browser. It also supports connection to hardware wallets. It is a versatile wallet offering support for over 86 public chains. MathWallet has their own dApp store, native token, and staking and swapping capabilities.&nbsp;MathWallet is not as well known as some of the others on the list, but can be a great option for those involved in a variety of crypto projects due to its multi-chain support.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png" alt="Solana Wallet operation guide — MathWallet - MathWallet Official - Medium" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 1456w" sizes="100vw" width="194"><figcaption>Source: MathWallet Official</figcaption></figure>

Before you dive into NFTs and Web3, you'd need a wallet to explore the Solana ecosystem. 

How to Choose a Solana Wallet

For the last 3 months, we’ve loved every moment of growing Magic Eden from scratch. Everything we do is in service of growing a long-term Solana ecosystem and offering a platform to the next generation of creators. As the largest NFT marketplace on Solana, we have a responsibility but also a significant opportunity. To see all the success so far feels like magic because it really is. When we started working on Magic Eden, we never imagined becoming the leading marketplace on Solana in such a short amount of time. Our success is only possible thanks to creators and collectors on Solana.&nbsp;The last month has been filled with a lot of learning for our team. Given the state of the ecosystem, it’s critical that we balance trust, fairness, and transparency to offer creators the best home for their hard work and collectors the best place to discover NFTs. While our team has worked steadfastly to vet and list collections, doing so quickly, carefully, and consistently is challenging considering the rapid growth of NFTs on Solana. This is a good problem to have.Our direction moving forward is to gradually migrate to an open listing model in a way that delivers a great user experience and community-driven marketplace experience that feels fair, autonomous, and efficient for everyone.Below, we present our current thinking around how we intend to migrate to an open listings model. We are putting this out there in the interests of transparency and giving the community a chance to provide input and feedback.We have two goals:<ul><li>Deliver helpful information and trust &amp; safety tools to help collectors trade safely</li><li>Accelerate speed to list the work of our creators</li></ul>Based on these two goals, we are rolling out 2 phases of updates over the rest of December and into 2022 :<ol><li>Community-led flagging mechanism and escalation paths</li><li>Badging system for listings to help users make more informed choices&nbsp; + Open Listing model</li></ol>We will be rolling these changes in a phased approach with some of these changes in December but we expect more of these changes to roll out in 2022. This is a big change and we want to do this carefully to ensure that we deliver a safe and clean user-experience whilst moving towards an open-listing model.<h3 style="margin-left:0px;">PHASE 1: COMMUNITY-DRIVEN COLLECTION FLAGGING MECHANISM</h3><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 1456w" sizes="100vw" width="1100"><figcaption>Note: this mock (and the ones below) are illustrative and subject to change</figcaption></figure>We appreciate how active the community has been in reporting problematic collections to us on an ongoing basis. As much as we try to vet collections carefully, we know that the community can oftentimes provide immense support here. We are offering our users a way to flag any collection that raises concerns.&nbsp;<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 1456w" sizes="100vw" width="1100"></figure><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 1456w" sizes="100vw" width="1100"></figure>Starting this week and to the end of December, Magic Eden users with engaged wallets (meaning they have transacted on ME recently) will be able to flag a collection via 2 categories:<ul><li>Rugs</li><li>Inappropriate or offensive content that<ul><li>incites hate, racism or violence</li><li>shows sexually explicit content</li><li>degrades or doxxes another individual</li><li>promotes suicide or self-harm</li></ul></li></ul>There may be other categories that are defined over time – and we welcome input from the community.&nbsp;For flagged collections, the entire page will be blurred out and a pop-up banner will emerge to indicate the collection has been flagged. The banner will encourage users to do their own research before proceeding onto the page.<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 1456w" sizes="100vw" width="1100"></figure>If users proceed onto the page, they’ll see a yellow ‘flagged’ icon on the right of the page that indicates the collection is flagged. In addition, if a user hovers over the ‘flagged’ icon under the PFP, they will see a disclaimer.&nbsp;<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 1456w" sizes="100vw" width="1100"></figure>Once flagged, our team will manually review the collection and choose to either de-escalate to remove the flag, keep the flag in place, or escalate. Escalation may result in the collection potentially also being delisted.A special note on rugs: Based on this system for flagging, reported rugs will remain online but will include a special pop-up warning that all users will see upon reaching the collection site. This pop-up banner will be a specific warning that states that the collection has been reported as a rug. By leaving collections up, we leave it in the community’s hands to determine what to do. They can rally together to de-rug the project or walk away with knowledge of the warning.<h3 style="margin-left:0px;">PHASE 2: OPEN LISTING MODEL + COLLECTION BADGES</h3>Currently, all collections on Magic Eden have the same badge of verification. Our community has shown a desire to know how to distinguish quality across collections. We don’t believe in a binary trust signal (i.e., checkmark vs no checkmark). Instead, we believe quality constitutes many signals and we want to surface the right information for users to make informed choices for themselves.In Phase 2 which will happen gradually in 2022, we will create different levels of listings that allow creators to list quickly while providing a set of badges for collectors to consider during the browsing experience.&nbsp;<h4 style="margin-left:0px;">DEFAULT COLLECTION SETTING: OPEN LISTING</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 1456w" sizes="100vw" width="1100"></figure><ul><li>Efficient speed to list: By default, any collection will be able to list their collection automatically so long as it does not fall under one of the inappropriate or offensive categories listed above. Creators will be able to create a page and self-serve to build a storefront for their collection.</li><li>Not featured: Their collection will not be featured (meaning their collection will not be featured on our homepage in sections including the carousel bar, popular collections, or popular items), we will also look to monitor and limit the searchability of open listings to protect users from duplicated or otherwise scammy collections</li><li>User protection warning: When any user visits the collection page, the page will include a warning&nbsp; under the PFP to show that the collection has not had its provenance checked and that the user needs to do their own research before transacting</li><li>Upvote or follower count: Another feature we’re exploring is the&nbsp; ability for users to upvote or follow collections. All collections will display an upvote or follower count on their storefront. We will be allowing users with engaged wallets to upvote or follow a collection. Once a user with an engaged wallet to upvote or follow a collection, they will remain as an upvote or follower unless they proactively unfollow a collection.</li></ul><h4 style="margin-left:0px;">EARNABLE BADGES FOR COLLECTIONS</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 1456w" sizes="100vw" width="1100"><figcaption>Again, all mockups are drafts only and do not represent final UI</figcaption></figure>We’re working on three badges to give collectors additional signals of trust.&nbsp;<ul><li>Provenance badge: this badge indicates that a collection’s candy machine ID or hash list has been verified to belong to the respective project team (as opposed a duplicate collection that has copy and pasted the original team’s artwork and is trying to pass off the NFT as the original). No other benefits are unlocked by the collection having this badge, but we believe this is an important signal to NFT collectors.</li><li>Doxxed badge: our stance is that doxxing is completely optional. However, we wish to provide a badge of distinction for the creators who want to dox as we recognize some collectors value this signal. We are partnering with Civic (a KYC company) and other ecosystem partners to allow project leads to present themselves for identity verification. <a href="https://www.civic.com/solutions/verified-by-civic-pass/">Civic’s standards are listed here</a>. Again, having this badge does not unlock any other benefits, but we have heard that it helps help some users feel more secure transacting.</li><li>Volume Badge: Based on collections passing a threshold of volume, they will also receive a volume badge. We will continue to define, monitor and iterate what the threshold should be, because we don’t want bad actors to exploit this system.</li></ul><h3 style="margin-left:0px;">Conclusion</h3>These updates seek to balance protecting users and giving them the right information to make informed choices while striving towards an open and community-driven listing model. Note that our <a href="https://magiceden.io/terms-of-service.pdf">terms of service</a> will apply to users who use our platform and these features as we roll these out.Once again, many of these ideas are still in development, and we pride ourselves on listening to our community and we will certainly continue to refine, iterate and add to these changes going forward as we learn more about the issues that the community faces. We look forward to your feedback <a href="https://discord.com/invite/magiceden">on our Discord channel</a> to help us refine these ideas further in the upcoming days before launch.—Ask us anything at Magic Eden’s Townhall on Twitter, 20 Dec at 6.15PM EST/ 11.15PM UTC.

Sharing our early thoughts on what an open listing model can look like.

Magic Eden's Approach To An Open Listing Model

As community manager of <a href="https://twitter.com/peskypenguins">Pesky Penguins</a>, I get asked questions about community-building on a daily basis. While there’s no one-size-fits-all approach when it comes to growing or engaging your community, I thought it might be helpful for new and upcoming projects to jot down my take. Bear in mind that market conditions may have an impact on the speed with which you grow, but it shouldn’t change the fundamentals.<h3 style="margin-left:0px;">🔑 Build first, mint later</h3>This flies directly in the face of all the sold-out “stealth” launch projects we’ve been seeing lately, but: do not mint without establishing yourself in the ecosystem.<blockquote>The surest way to develop trust between you and your community is proof of work.&nbsp;</blockquote>If your community is able to see the contributions you’re making to the space and within your project, they’re going to be much more comfortable sticking around long-term. And that’s really what you want the core of your community to be -- long-term holders who are happy to grow with you.&nbsp;If you’re worried about losing hype or momentum by not launching immediately, don’t be. Hype can sell out a project and even carry it a week or two, but it’s not sustainable and can bankrupt a community of its dedicated members.Slow and steady wins the race.&nbsp;&nbsp;&nbsp;<h3 style="margin-left:0px;">🔑 No viral marketing</h3>This should be intuitive, but it bears repeating. Viral marketing has never been successful at building a community -- ever.&nbsp;Sure, it may have helped sell out a project. But the type of person who will buy into a project because they’ve been DM-ed a project’s Discord by a stranger is probably not the type of person you want to help build your community long-term.&nbsp;To this end, you might want to forgo hiring a marketing service to market for you. I’ve spoken with teams who hired social media management firms with the best of intentions, only to later find out that their project information was getting mass spammed to 500,000 people in Discord.&nbsp;The best kind of marketing manager will be in house; someone who works with you, not for you.<h3 style="margin-left:0px;">🔑 Stay Active</h3>Social media activity should not be conflated with viral marketing; the latter is unsolicited and obtrusive, the former can be inviting. For better or for worse, Twitter serves as the gateway into the NFT metaverse.&nbsp;Maintaining an active social media presence is the surest way to get new eyes on your project. Tweeting several times a day will be very helpful to this end. This does not mean you should shill your project in the comments of every post you see.&nbsp;Instead, try to engage thoughtfully with the community around you. What exactly this means is up to you, but make sure you keep the self-promotion confined to your own page, and not in random comments.Your tweets don’t all need to be progress updates; there are plenty of ways to engage Crypto Twitter and get them interested in joining your community without having something new to show off.&nbsp;Remember, a little “gm” can go a long way!<h3 style="margin-left:0px;">🔑 Be kind</h3>Finally: be kind. That’s it, that’s the tweet.But really, kindness is fully necessary to grow the ecosystem going forward. As we move further along the adoption curve and more people enter the space, it’s important to make everyone feel as welcome as possible.&nbsp;<blockquote>For all that we like to joke about being massive degens, the metaverse is growing daily.We are onboarding to Solana increasingly diverse users of all backgrounds. It might be tempting to leverage for cachet the edgy subculture early NFTers have cultivated, but this is shortsighted and exclusionary.&nbsp;</blockquote>As crypto becomes increasingly mainstream, so too will its users. The more welcome you can make everyone in your community feel, the better. Increasingly we are seeing NFTs gifted to friends, spouses, parents, and children; be the type of community they will be proud to represent.&nbsp;In the end, as with most things in life, there are no shortcuts. Building and maintaining a strong community will be an ongoing effort for the lifespan of your project. There is no magic button to press and receive organic growth. You have to build that trust one day at a time.It might seem painfully slow in an extremely fast-paced world, but in the end, your community’s conviction will carry your project.—Big ups and a massive thank you to <a href="https://twitter.com/kylienft">Kylie</a> of Pesky Penguins!NOOT NOOT &amp; Get a Pengu <a href="https://www.magiceden.io/marketplace/pesky_penguins">here</a>.

The fundamentals to building lasting NFT communities

Stay up to date on the latest web3 news & Magic Eden updates