NFT Marketplace Program - Magic Eden introduced an NFT buyback program for collections listed on their marketplace [1] - The program uses trading fees to buy back NFTs from the respective collection [1] - 30% of ALL secondary marketplace revenue will go towards buybacks [2] Revenue Allocation - 15% of trading fees will be allocated towards $ME buybacks [1][2] - 15% towards NFT's, starting with collections on @solana [2] - Magic Eden is currently making over $500 thousand a month in trading revenue [1] Potential Impact - The buyback program could have a long-term impact on NFTs [1]