PAWS Vouchers are now available for pre-market trading

PAWS Vouchers are now available for pre-market trading on Magic Eden, a leading NFT marketplace. Here’s how you can get involved:

What is PAWS Pre-Market Trading?

  • PAWS has launched pre-market trading for its NFT vouchers, allowing traders to buy and sell these vouchers before they are fully listed on major exchanges. This provides an opportunity for early adopters to potentially benefit from price movements before the official launch.

How to Get and Trade PAWS Vouchers

  1. PAWS Website: Visit the PAWS pre-market section, which is now open for trading.
  2. Mint Your Voucher: Each PAWS NFT voucher costs 0.005 $SOL (approximately $1+). The minting fee will be deducted from your Phantom wallet.
  3. Voucher Value: Each PAWS voucher is equivalent to 300,000 PAWS tokens.
  4. Trade on Magic Eden: After minting, you can list and trade PAWS vouchers on the Magic Eden marketplace using your Phantom Wallet.

Why Get In Early?

Historically, pre-market trading has offered significant gains for early participants. For example, the X Empire project saw substantial increases before its official token launch. PAWS vouchers could similarly become a hot trading opportunity before the main PAWS launch.

PAWS Pre-Market NFT Price Prediction

While the exact pre-market price of PAWS NFTs has not been confirmed by analysts, it is expected to be between $0.0072 and $0.0078.

PAWS Airdrop

  • To celebrate the launch, PAWS is giving away 200,000 inDOGS tokens to the first 20,000 users. This airdrop rewards early adopters who support the PAWS ecosystem.

Optional Minting

  • If you’re not familiar with PAWS voucher trading, you can skip the minting phase and wait for the official listing and TGE (Token Generation Event). However, if you want to get ahead, you can take advantage of the pre-market phase.

About Magic Eden

  • Magic Eden is a leading NFT marketplace that supports multiple blockchains, including Solana, Ethereum, and Bitcoin. It offers a wide range of features, such as NFT trading, project incubation through its Launchpad, and various tools to enhance the trading experience.

Getting Started on Magic Eden

  1. Set Up Your Wallet: Create and fund a crypto wallet like Phantom for Solana.
  2. Connect Your Wallet: Go to the Magic Eden website and connect your wallet.
  3. Browse Collections: Explore the vast selection of NFTs available on the platform.
  4. Buy or Make an Offer: Purchase NFTs directly or make offers to negotiate prices.

Key Features of Magic Eden

  • NFT Marketplace: User-friendly interface for buying, selling, and auctioning NFTs.
  • Multi-Chain Support: Supports Solana, Ethereum, and Bitcoin ecosystems.
  • Launchpad: A platform for incubating and launching new NFT projects.
  • Staking and Rewards: Earn rewards by staking your NFTs.
  • Aggregation: Aggregates listings from other NFT platforms for a comprehensive view.

By participating in the PAWS pre-market trading on Magic Eden, you can potentially capitalise on early opportunities and contribute to the growing PAWS ecosystem.When engaging with projects like PAWS that involve purchasing vouchers and trading NFTs in a pre-market, it’s essential to approach with caution and thorough research. Here’s a structured guide to help navigate such opportunities:

1. Understand the PAWS Project

  • Research the Basics: Determine if PAWS is an NFT collection, a blockchain game, or a community-driven project. Check its official website, whitepaper, and social media (Twitter, Discord, Telegram) for legitimacy.
  • Vouchers vs. NFTs: Clarify if vouchers are redeemable for future NFTs, grant exclusive access, or act as tradable assets themselves. Pre-market vouchers often represent claims on unreleased assets.

2. Steps to Acquire PAWS Vouchers

  • Platform Identification: Find where PAWS vouchers are sold (e.g., project website, partnered platforms like OpenSea, Rarible, or decentralised exchanges).
  • Purchase Process:
    • Set up a crypto wallet (e.g., MetaMask) and fund it with cryptocurrency (likely ETH or a blockchain native to PAWS).
    • Follow official instructions to buy vouchers, which may involve auctions, direct sales, or raffles.
  • Redemption: If vouchers are redeemable for NFTs, note timelines and procedures outlined by the project.

3. Pre-Market NFT Trading

  • Platforms: Pre-market trading may occur on NFT marketplaces (e.g., OpenSea, LooksRare), decentralised exchanges (Uniswap), or specialised platforms like NFTX.
  • Trading Vouchers: If vouchers are tradable, treat them as speculative assets. List them on supported platforms, setting prices based on demand.
  • Secondary Sales: After NFTs are minted, trade them on mainstream marketplaces. Monitor liquidity and price trends.

4. Key Risks & Mitigation

  • Scams: Verify all links and avoid phishing sites. Use hardware wallets for security.
  • Volatility: NFT/voucher values can fluctuate wildly. Invest only what you can afford to lose.
  • Smart Contract Risks: Ensure audits are conducted by reputable firms (e.g., CertiK, PeckShield).
  • Regulatory Uncertainty: Be aware of tax implications and legal status in your jurisdiction.

5. Due Diligence Tips

  • Team transparency: check if developers are doxxed or have credible track records.
  • Community Sentiment: engage in PAWS communities to gauge trustworthiness and enthusiasm.
  • Roadmap Utility: Assess if the project has long-term plans (e.g., gaming integration, metaverse use) to sustain value.

6. Security Best Practices

  • Use hardware wallets (e.g., Ledger) for large holdings.
  • Enable two-factor authentication (2FA) on all accounts.
  • Avoid sharing private keys or seed phrases.

Final Note

Without specific details on PAWS, this guide remains general. Always prioritise official project communications and exercise extreme caution in speculative pre-market environments. If PAWS lacks transparency or audits, consider it high-risk.

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