Odaily Planet Daily News NFT market Magic Eden announced the launch of a new feature Lucky Buy, allowing buyers to purchase NFTs below the market price.
This feature uses a percentage-based system, which determines the percentage of the NFT price that the user wants to use and the user's probability of winning. Buyers can participate in the bidding when purchasing NFT. If the bidding is successful, Magic Eden will make up the difference, and the seller will still receive the full price of its NFT. Even if the purchase is not successful in the end, NFT buyers can still receive "diamond" incentives.
Currently, Magic Eden allows the Degenerate Ape Academy NFT series to support this function, and it will be expanded to other NFT series in the future. Magic Eden will charge a 3% handling fee for each Lucky Buy transaction, and the sharing ratio is: 1% to the creator, 1% to the seller, and 1% to the Magic Eden platform.