Foresight News, Jeton non-fungible trading market Magic Eden Foundation announces Jeton ME Jeton economic model, with a total supply of 1 billion tokens, more than half of which will be distributed to the community. In the TGE: 12.5% of ME will be used for the initial Airdrop distribution (fully unlocked at TGE); 37.7% will be allocated to the community and ecosystem; 26.2% will be allocated to contributors; 23.6% will be allocated to strategic participants. ME will be distributed over 4 years, at which point all ME will be fully circulated, with the majority distributed to the community. To ensure the community and protocol are not affected by security issues, a security committee consisting of 5 members will be appointed to oversee a multisignature wallet capable of executing emergency and latency non-emergency actions. The ME Foundation will serve as the manager of ME. ME holders can obtain further rewards from staking.