{"id":93313,"date":"2026-01-20T10:36:11","date_gmt":"2026-01-20T07:36:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=93313"},"modified":"2026-01-20T10:40:14","modified_gmt":"2026-01-20T07:40:14","slug":"magic-eden-ceo-predicts-a-supercycle-of-speculation","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/magic-eden-ceo-predicts-a-supercycle-of-speculation\/","title":{"rendered":"Magic Eden CEO Predicts a &#8216;Supercycle of Speculation&#8217;"},"content":{"rendered":"<p>Jack Lu, CEO of Magic Eden, announced a strategic shift for the company. He stated that the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">NFT<\/a> marketplace will focus on the segment where &#8220;finance merges with entertainment.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Excited to announce increasing our revenues flowing into <a href=\"https:\/\/twitter.com\/search?q=%24ME&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ME<\/a> today. 15% going into <a href=\"https:\/\/twitter.com\/search?q=%24ME&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ME<\/a>, split across buybacks and USDC yield.<\/p>\n<p>Stepping back: we\u2019re heading into a speculation supercycle \u2014 where finance merges with entertainment.<\/p>\n<p>Prediction markets are all over Emmys and the\u2026 <a href=\"https:\/\/t.co\/DyZ1HQQyTl\">https:\/\/t.co\/DyZ1HQQyTl<\/a><\/p>\n<p>\u2014 Jack (@0xLeoInRio) <a href=\"https:\/\/twitter.com\/0xLeoInRio\/status\/2013300246776799734?ref_src=twsrc%5Etfw\">January 19, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Lu highlighted the growing interest in prediction markets and betting. He noted that speculation has become mainstream, and Magic Eden is adapting to these new realities.<\/p>\n<p>This quarter, the company will introduce Dicey, its own crypto casino and betting platform. Users will be able to create games, place bets, and interact in a decentralized environment.<\/p>\n<p>According to Lu, despite a prolonged downturn in the NFT market in 2025, the marketplace generated approximately $24 million in revenue. A representative of the platform described the native asset ME as the core of the revamped &#8220;crypto entertainment&#8221; ecosystem.<\/p>\n<p>The decision comes amid a boom in prediction platforms. The daily trading volume in this sector recently reached a record $814.2 million, surpassing the previous high of $701.7 million. Kalshi remains the leader, with Polymarket and Opinion holding strong positions.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"510\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-827e81d7e6650069-4110699662960575-1024x510.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2026-01-20 094448\" class=\"wp-image-273640\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-827e81d7e6650069-4110699662960575-1024x510.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-827e81d7e6650069-4110699662960575-300x150.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-827e81d7e6650069-4110699662960575-768x383.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-827e81d7e6650069-4110699662960575.png 1202w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/dune.com\/gateresearch\/prediction-markets-overview\">Dune<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Payouts to Token Holders<\/h2>\n<p>Additionally, the Magic Eden team has revised the project&#8217;s tokenomics. ME holders will receive 15% of all platform revenues.<\/p>\n<p>The funds will be distributed equally:<\/p>\n<ul class=\"wp-block-list\">\n<li>50% will go towards token buybacks;<\/li>\n<li>50% will be allocated to <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">staking<\/a> rewards.<\/li>\n<\/ul>\n<p>Payouts will be made in the stablecoin <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a>. The reward size depends on the amount and duration of staking. Rewards can be claimed starting in March.<\/p>\n<p>Earlier, analysts at a16z crypto <a href=\"https:\/\/forklog.com\/en\/news\/a16z-predicts-growth-in-prediction-markets-and-zk-proofs\">stated<\/a> that in 2026, the crypto market will focus on integrating its tools, such as prediction platforms and cryptographic proofs, into traditional business and infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jack Lu, CEO of Magic Eden, announced a strategic shift for the company. He stated that the marketplace will focus on the segment where &#8220;finance merges with entertainment.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Magic Eden shifts focus to where finance merges with entertainment, says CEO.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1213,1595,1258],"class_list":["post-93313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-nft","tag-prediction-markets","tag-tokenomics"],"aioseo_notices":[],"amp_enabled":true,"views":"271","promo_type":"1","layout_type":"1","short_excerpt":"Magic Eden shifts focus to where finance merges with entertainment, says CEO.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=93313"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93313\/revisions"}],"predecessor-version":[{"id":93314,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93313\/revisions\/93314"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=93313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=93313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=93313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}