• Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency
No Result
View All Result
No Result
View All Result
Home NFT

Magic Eden is about to take over ETH-based NFT trading

admin by admin
August 4, 2022
in NFT
0 0
0
Magic Eden is about to take over ETH-based NFT trading
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter



The initially Solana-centered NFT platform Magic Eden is getting over Ethereum NFTs. Launched back in September 2021, with over $2 billion trade volume so far, Magic Eden is entering a new era, risking to overperform the industry leaders.

Ethereum expansion will allow cross-chain adoption, which puts the marketplace in one row with multi-currency platforms like OpenSea, Binance NFT, and others. Among the features coming with the multi-chain update, there are:

  • Magic Eden List (a whitelist and audience targeting tool)
  • Magic Eden Launchpad (now with ETH/SOL compatibility) 
  • Magic Eden Drop Calendar

All the above-stated features will be provided during August, bringing Solana and Ethereum universes closer with the belief that “NFTs’ social, cultural, and connective utilities should be shared across chains.“

By going multi-chain, Magic Eden will enable NFT creators to launch their projects hassle-free, while collectors will access new experiences due to added liquidity, the opportunity to trade NFTs with fiat, and low gas fees. On top of that, the marketplace founders promise to roll out useful cross-chain trading analytic tools in a few months. Thus, the latter will include grade-A launch support with a seamless minting setup and profound marketing aid.

“Through our cross-chain Launchpad, creators will unlock a new set of audience through which they can amplify and grow their projects, as well as tap into additional sources of liquidity. Creators launching with Magic Eden will no longer have to face the difficult decision of choosing one chain over another at the cost of limiting their potential audience reach. Web3 is a place for us to share knowledge and evolve together,” Zhuoxun Yin, Magic Eden’s COO and Co-Founder, said.

With the community needs in mind, Magic Eden has all the chances to make the competitors bite the dust. Currently, the platform is conducting private beta tests to support the launch of cross-currency trading, offering the never-before-seen range of SOL/ETH NFTs to the web3 community.        



Source link

Previous Post

The Wolf of Kensington NFT Collection Brings a Lifestyle Upgrade

Next Post

Gucci starts accepting ApeCoin as a payment

admin

admin

Next Post
Gucci starts accepting ApeCoin as a payment

Gucci starts accepting ApeCoin as a payment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
CoinShare CSO: BTC will hit an all-time high in 24 months

CoinShare CSO: BTC will hit an all-time high in 24 months

July 13, 2022
This Indian Couple Decided to Hold a Hogwarts-themed Metaverse Wedding Reception

This Indian Couple Decided to Hold a Hogwarts-themed Metaverse Wedding Reception

June 25, 2022
Interview with Coin Of The City NFT

Interview with Coin Of The City NFT

May 2, 2022
Ukraine Sells Donated CryptoPunk NFT for $100,000

Ukraine Sells Donated CryptoPunk NFT for $100,000

June 25, 2022
Reshaping & Innovating the Music Industry Through NFTs

Reshaping & Innovating the Music Industry Through NFTs

0
Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

Fixing Broken Gamenomics: How to End Infinite Selling Pressure in P2E Gaming Economies

0
CryptoArt Sundays: Interview with Bushra Khan

CryptoArt Sundays: Interview with Bushra Khan

0
Big Time Readies Early Access for Gold VIP Pass Holders

Big Time Readies Early Access for Gold VIP Pass Holders

0
How to Choose the Best Bitcoin Wallet for Digital Security

How to Choose the Best Bitcoin Wallet for Digital Security

May 30, 2025
Anichess Season 4 Now Live, $10,000 Reward Pool Available

Anichess Season 4 Now Live, $10,000 Reward Pool Available

May 30, 2025
Kyvo and Optio Community Partner with HolyDeeds for FaithTech

Kyvo and Optio Community Partner with HolyDeeds for FaithTech

May 29, 2025
Deadfellaz To Debut Ghost Machine NFT Collection on June 5

Deadfellaz To Debut Ghost Machine NFT Collection on June 5

May 28, 2025

Recommended

How to Choose the Best Bitcoin Wallet for Digital Security

How to Choose the Best Bitcoin Wallet for Digital Security

May 30, 2025
Anichess Season 4 Now Live, $10,000 Reward Pool Available

Anichess Season 4 Now Live, $10,000 Reward Pool Available

May 30, 2025
Kyvo and Optio Community Partner with HolyDeeds for FaithTech

Kyvo and Optio Community Partner with HolyDeeds for FaithTech

May 29, 2025
Deadfellaz To Debut Ghost Machine NFT Collection on June 5

Deadfellaz To Debut Ghost Machine NFT Collection on June 5

May 28, 2025

About Us

We bring you the latest NFT News and update from all around the Internet!

Categories

  • Cryptocurrency
  • Metaverse
  • NFT
No Result
View All Result
  • Home
  • NFT
  • Metaverse
  • Cryptocurrency

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist