Bitcoin Ordinals traders interacting with the Magic Eden platform will soon encounter a unique opportunity – participation in an NFT token airdrop organized by Non-Fungible DAO. This opportunity has been made possible through the use of MSigner, developed by Magic Eden, an open-source tool that allows traders to sign partially signed Bitcoin transactions (PSBT) for executing ordinal operations. Since the launch of MSigner, over 75 million PSBTs have been signed, and more than 1.3 million Ordinals have been traded on the market.
Non-Fungible DAO, closely associated with Magic Eden, had previously announced its intention to reward users utilizing MSigner, but specific details of this plan remained unclear until recently. Now, thanks to this initiative, traders on other platforms who have chosen MSigner also have a chance to benefit from the upcoming token airdrop.
The NFT token introduced by Non-Fungible DAO is described as "a public decentralized organization aimed at developing and promoting protocols that contribute to the future of NFT commerce." Magic Eden plans to open-source its code and provide DAO with access to its NFT mining and trading technologies, after which the DAO intends to reward users of these protocols through a token airdrop.
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