Magic Eden Launches NFT Buyback Program: Boost for Creators

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author: CryptoNews

date: November 13, 2025

1 min. read

## Magic Eden's ME·NFT Buyback Program Fuels Ecosystem Growth Magic Eden (ME), a leading NFT marketplace, has unveiled its ME·NFT Buyback program, signaling a significant commitment to supporting creators and strengthening its ecosystem. This initiative involves allocating 15% of marketplace revenue to buy back ME tokens, bolstering their value and utility. Furthermore, another 15% will be dedicated to purchasing NFT collections listed on Magic Eden. These acquired NFTs will be securely stored in the "Garden of Eden," an on-chain storage solution. This move aims to provide direct financial support to NFT creators and projects on the platform. The buyback program is effective immediately. NFT purchases will initially focus on Solana-based collections, with plans to expand to Bitcoin, Ethereum, and Monad NFTs in the future. This multi-chain approach demonstrates Magic Eden's dedication to fostering a diverse and thriving NFT community. The program offers both short-term financial stimulus and long-term strategic investment in the burgeoning digital art world. ```