The anticipation is increasing daily, as we count down to the release of CoinGames’s Rising Legends NFT collection on Magic Eden. The NFT marketplace has been at the forefront of the sector since its launch in September 2021, and we are overjoyed to be able to showcase our amazing collection on the platform. In this article, we’ll explain how to navigate an NFT marketplace, as well as explore Magic Eden. We will also give you a detailed overview of the perks of buying a CoinGames NFT, which will be available on Magic Eden starting June 5th. If you are eager to access our collection beforehand, we’ll also provide information about how to get whitelisted, a process we explained in an earlier post – for those interested in exploring this possibility.
What is an NFT marketplace?
After a brief period of downturn, NFTs have once again entered the mainstream ecosphere, so much so that popular celebrities and major corporations are releasing collections of their own – one major example are Sony’s cross-platform NFTs. These NFTs can be traded – meaning bought or sold – and this is precisely where an NFT marketplace comes into play.
- An NFT marketplace is a specialized decentralized application (dapp) that facilitates the creation, and transfer (buying or selling) of a non fungible token.
- The most important thing to keep in mind when vising a marketplace with the intention of buying an NFT is to have a crypto wallet that is compatible with that platform’s blockchain network. For example, if a marketplace uses the Ethereum network, you will need a MetaMask wallet; if it uses Solana, a Phantom wallet, and so on.
- If you have a compatible wallet, and you have chosen your desired collection and/or piece, you are ready to buy your NFT, which is usually sold at a fixed price or through an auction.
Magic Eden: At the Forefront of NFT Marketplaces
Magic Eden, originally, was built as an NFT marketplace catering to the Solana ecosystem. Since then, however, they have expanede their operations to integrate more projects and users, and now support Ethereum-based NFTs as well. In addition to being an NFT marketplace, Magic Eden is also a launchpad where NFT collections are minted, which is the case with our CoinGames Rising legends collection.
- Magic Eden is the world’s number one NFT marketplace using the Solana blockchain. It has now grown its market share to 95% of the Solana NFT ecosystem.
- According to a DappRadar report, Magic Eden is “the NFT marketplace Solana deserves, smooth as silk and fast as Solana.” We couldn’t agree more, as combining Magic Eden’s value as an NFT marketplace that millions of traders use with Solana chain’s quickness and efficiency makes for a semaless and facilitated user experience that its customers love.
- Magic Eden is now at the forefront of the NFT trading landscape, as it has now surpassed established platforms like OpenSea, claiming the top spot in terms of marketplace users.
- Some trending stats regarding Magic Eden include close to $4 billion in trading volume, over 2 million unique traders and charges a transaction fee of 2% compared to OpenSea’s 2.5%. No wonder it has become a behemoth in its industry.
- To acquire a Rising Legends NFT – starting June 5 – all you will need is a Solana-compatible wallet such as Phantom or Backpack to make a transaction on Magic Eden. You are then ready to explore CoinGames’s captivating collection, which we will now give you an overview of.
CoinGames’s Rising Legends Collection
At CoinGames, we want to offer our users the best possible experience while playing on our platform and have therefore designed and programmed a rewards-based benefit system when it comes to our NFT collection. Users will therefore receive sneak peeks of upcoming games, exclusive prizes and even the chance to generate their very own tokens by essentially doing nothing! Through our NFT collection, we aim to provide users with unique and rewarding experiences to enhance their decentralized gaming journey. Major notable perks of our Rising Legends collection include:
- Revenue Share: We are proud to introduce a revolutionary approach to reward our dedicated NFT buyers and community. As a result, we’ve decided that a significant protion – 10% – of our casino’s Net Gaming Revenue (NGR), will be earmarked for direct redistribution to our esteemed NFT holders.
- Staking: Earn while you hold! This is an entirely new benefit that no centralized platform can guarantee. By decentralizating our casino, we’re able to offer our users this amazing perk: here’s how it works. Holders of our exclusive NFTs can enjoy the unique ability of staking these digital assets and therefore earn tokens passively. Essentially, the more NFTs you hold, the greater your staking power, leading to enhanced token rewards that will fuel your crypto gaming adventures.
- VIP and Loyalty: Here’s another unique benefit linked to our decentralized platform’s collection. Each NFT in our collection isn’t just a unique piece of digital art, but also your gatweay to different levels of prestige in our Loyalty and VIP System. For example, if you hold a “King” NFT, you’ll automatically ascend to the highest level in our casino’s system and automatically become one of our esteemed VIPs. In other words, the rarer your NFT, the better your loyalty rank will be!
- Exclusive Previews and Promotions: As our NFT holder, you’re at the forefront of decentralized innovation in the gaming sector. Therefore we will offer you exclusive access to sneak peeks and early previews of new slots we will be implementing on our casino before they are actually released. You’ll also be eligible to participate to exclusive tournaments and contests tailor-made for our amazing NFT community, with unparalleled prizes at stake. In addition, you’ll be able to receive exclusive promotions such as enhanced odds on many sport events and markets, as well as unique deposit bonuses and much more yet to discover.
Rising Legends NFT Whitelist Opportunities
Generally speaking, whitelisting is a process that refers to “approving a list of IP addresses, email addresses and applications while rejecting everyone else.” When speaking in particular about digital assets, whitelisting basically grants presale minting access to pre-approved crypto addresses. There are a number of ways our users can get whitelisted.
- For those interested in being whitelisted for the Rising legends collection, you can do so through a multitude of options. One of them is by completing certain quests on our Zealy and TaskOn pages. By completing quests like, for example, reaching the “OG Role” on our Discord server, you will enter our whitelist, giving you earlier access to the collection and a discounted price.
- Users can also try to get whitelisted by participating in a couple of our dedicated CoinGames promotions, which run from May 20th to May 26th. You can choose to participate in our Royal NFT Acca Riches promo, playing on the week’s best football matches and receiving a whitelist spot if your selections are correct, or you can join our Whitelist Wars Tournament and battle other users for the bragging rights to a whitelist spot if you finish the contest in the top three spots. For more information about these events and more, visit our CoinGames Promotions page.
Conclusively, we are eagerly counting down the clock until our Rising Legends collection is finally available to all our wonderful users. The fact that Magic Eden has graciously partnered with us makes this experience even more special, giving NFT enthusiasts the chance to have an amazing user experience topped by low transactions fees and an incredible array of collections. Our NFT collection will grant you a number of wonderful perks that you won’t get anywhere else on the CoinGames ecosystem: and, if that’s not enough, for the most avid fans we are also offering the chance to get whitelisted, therefore earing early access to the collection at a discounted price.
Are you ready for Rising Legends? Cause we sure are!
For more information and details, visit Magic Eden, our CoinGames NFT Page and the CoinGames platform.