BlockBeats News, April 1st, NFT marketplace Magic Eden announced that its native wallet will enter export-only mode on April 1st and will cease all operations on May 1st. Users are required to export their private key or mnemonic phrase before this date, or they will be unable to recover their assets. The wallet has been removed from major app stores, and the new wallet cannot be downloaded or recovered.
Magic Eden had previously closed its Ethereum and Bitcoin markets, shifting its focus to entertainment and the Dicey app. The ME token will continue to serve as the core of ecosystem incentives, with stakers receiving USDC rewards, and the project team has established an ME buyback plan.
