Introducing Magispin: A Fun Way to Reward Our Loyal Members

We truly appreciate the support from our loyal members, and we’ve been thinking of ways to reward you in a fun and exciting manner. That’s how Magispin was born! Magispin is a free-to-play spin wheel offering discounts, points, and exclusive prizes like ordinals, rare sats, and even runes.

How Magispin Works

Magispin runs daily at 15:00 GMT+3 and is designed for anyone interacting with our Bitcoin marketplace, Magisat.io. A snapshot is taken one hour before the starting time, and the spin wheel remains live for 12 hours. Now, let’s dive into the exciting part: Magispin has two modules called tiers, each with specific eligibility requirements.

Magispin from Magisat

Magispin from Magisat

Tier 1 (T1) Eligibility

Tier 1, or T1, is for anyone who has performed any action on Magisat.io that involved paying a fee, except for using tools (which will be available later). If you’ve been active on Magisat in the past, you’re probably eligible for T1. If not, simply perform a fee-based action to become automatically eligible. Even if Magispin is already live, it will automatically unlock, and you’ll be able to hit the spin button. Once qualified, you’ll be eligible for lifetime participation (this might change in the future).

Tier 1 Prizes

  • 1x Single Discount: 100% off next action
  • 1x Single Discount: 75% off next action
  • 1x Single Discount: 50% off next action
  • 1x Multi Discount: 75% off all actions
  • 1x Multi Discount: 50% off all actions

Tier 2 (T2) Eligibility

Tier 2, or T2, is available only for those who interact with our partners or popular collections. T2 includes T1 prizes too. To qualify, click the button “Show T2 Eligible Collections” and interact with those. Here’s what “interact” means:

  • LIST: You’ll be marked as eligible if your listing is the floor OR if you list at less than 15% above the floor. Note that if someone lists below the floor and your listing is more than 15% above the floor price, you’ll be disqualified. Listing will keep you qualified for multiple days if you remain at the floor or within the specified range.
  • BUY: You’ll be automatically eligible for the next day’s run, but only once (1 buy = 1 run with T2 eligibility).

Tier 2 Prizes

  • 1x OMB
  • 1x Runestone
  • 1x Apostles of Greed
  • 1x Uncommon
  • 1x Black Uncommon
  • 100x Magisat Points
  • 25x Magisat Points

Important Notes

  • If you list and delist solely for Magispin, you may be disqualified.
  • Mempool listings will not impact your eligibility for Magispin.
  • Magispin v1 will be available for 100,000 spins.
  • Magispin win rates are currently kept private.
  • Sharing your win on Twitter is required for claiming your prize.
  • Eligibility requirements can change at any time if collections are removed or replaced.

Join us in this exciting new way to win big on Magisat.io! Spin the wheel or how our users call it “bitcoin spin wheel”, and may the odds be in your favor!

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