Magic Eden (ME) Foundation has announced the upcoming launch of ME tokens, designed to support Web3 consumer decentralized applications (DApps) through cross-chain digital asset transactions. The ME Foundation's mission is to help develop ME decentralized autonomous organization (DAO) protocols with "community-led governance". The token is expected to become the core of NFT and Runes platform Magic Eden, which plans to become the first platform to officially adopt ME as its ecosystem token.