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OpenSeas Rival NFT Marketplace Magic Eden Announces Support For Ethereum NFTs

  • Leading Solana NFT Marketplace Magic Eden announces support for Ethereum NFTs
  • The firm may also be adding comprehensive features to permit users to trade ETH NFTs and make payments in SOL/ETH or via bank cards.

Magic Eden, the Solana-centric NFT platform is expanding its base and contains recently announced multichain support for the Ethereum blockchain.

Per the state press statement, Magic Eden will be integrating Ethereum NFTs on its platform, giving users an opportunity to explore and trade suitable SOL and ETH NFTs with credible ease.

Magic Eden Set To Integrate Support For Ethereum NFTs.

Solana-based Magic Eden is leveling up with the addition of support for Ethereum NFTs. In its recently released press statement, the firm announced its decision to include Ethereum NFTs to its platform.

The statement further states the way the addition of Ethereum NFTs on Magic Eden can help the firm solidify its stance and provide a thorough virtual experience to varied NFT enthusiasts and collectors.

This news accelerates Magic Edens efforts to increase its presence across Web3 communities by integrating both largest blockchains for NFTs and delivering probably the most feature-rich multi-chain experience for creators and collectors.

Furthermore, the integration of Ethereum NFTs on Magic Eden is defined to aid NFT creators in seamlessly reaching new audiences and cause them to become build NFT-centric communities.

Magic Eden aims to create both of these universes closer on the fact that NFTs social, cultural, and connective utilities ought to be shared across chains. By going multi-chain, Magic Eden will enable NFT creators to launch seamlessly, reach new audiences, and access added liquidity, while collectors can discover new communities and connect over the passionate culture of the emerging space. The statement later adds.

The news release further revealed information on leading NFT elements that the firm will be launching. Magic Edens ETH NFT integration will undoubtedly be launched with comprehensive features that will include Magic Eden List, an attribute referred to as a whitelist and audience targeting tool. The firm may also be introducing other premium features such as for example Magic Eden Launchpad and Magic Eden Drop Calendar.

Furthermore, the Solana NFT marketplace happens to be in procedure for running private beta tests to launch an attribute called cross-currency trading. The said feature will enable users to browse and buy a number of ETH and SOL NFTs listed on the platform.

Magic Eden may also be simplifying the NFT payment process by permitting users to create purchases via crypto (SOL/ETH) or through their bank cards.

Want a chance to be among the first to obtain a sneak peak of our Eth integration?

A chance to join our Eth private beta will undoubtedly be posted inside our Discord server! Join via the invite below for additional information posted in Announcements!

Magic Eden (@MagicEden) August 2, 2022

Furthermore, the firm may also be introducing its cross-chain launchpad in colaboration with EZU, that is referred to as a sister assortment of the favorite ETH project Psychedelics Anonymous.

[ n e w s ]

EZU would be the first ever cross-chain mintable Ethereum NFT collection to launch on @MagicEdens Launchpad. Open to mint in $ETH or $SOL.

ezu (@ezu_xyz) August 2, 2022

Talking about their decision to include support for Ethereum, Zhuoxun Yin, COO and Co-Founder of Magic Eden added:

Through our cross-chain Launchpad, creators will unlock a fresh group of audiences by which they are able to amplify and grow their projects, along with utilize additional resources of liquidity. Creators launching with Magic Eden won’t need to face the difficult decision of choosing one chain over another at the expense of limiting their potential audience reach. Web3 is really a place for all of us to talk about knowledge and evolve together.

Founded in 2021 as a respected Solana NFT marketplace, Magic Eden serves as a central NFT platform to trade and buy Solana NFTs.

The platform has been aggressively working towards expanding its use cases and contains been exploring multiple partnerships to solidify its base. Recently, the firm announced its foray into Web3 digital gaming by announcing the launch of a gaming-centric venture arm called Magic Ventures.

Yesterday, the firm had also introduced its first semi-fungible token (SFTs) in colaboration with the favorite move-to-earn NFT game Genopets.

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