An Ethereum marketplace and the launch of over 10 NFT collections through the ETH launchpad
With the upcoming launch of ETH Genesis, Magic Eden continues to expand its on-chain capabilities to serve creators and collectors across NFT ecosystems
SAN FRANCISCO, March 29, 2023 /PRNewswire/ — Magic Eden (“The Company”), the leading cross-chain NFT platform, unveiled today ETH Genesis – the beta launch of its Ethereum (ETH) marketplace together with over 10 new ones Ethereum collections available for coin through Launchpad. With the launch of ETH Genesis planned for Thursday 6 Aprilis Magic Eden curating the top ETH coins for collectors and provides a platform where they can seamlessly create and trade ETH NFTs are efficient.
To expand the base of creators and collectors the platform can serve, Magic Eden is pushing forward with its cross-chain efforts by rolling out its Ethereum marketplace and devote its attention to its ETH Launchpad for the platform to become the ultimate destination for NFTs on all chains. ETH Genesis is the next step in Magic Eden’s expansion within Ethereum, after the first integration into the ecosystem last year. Magic Eden will launch a marketplace that will honor royalties for original listings, with the goal of eventually aggregating marketplaces across the ecosystem.
Zhuoxun Yin, COO and co-founder of Magic Edencommented: “We have always respected Ethereum as the largest, most established community for NFTs. We have a proven ability to collaborate with creators as the only NFT platform that has launched over 400 projects and collected 120 million dollars for creators. We also have a team of dispatchers who can move quickly. We believe that our strengths will continue to serve the growth ETHits NFT ecosystem. In the spirit of iteration, we’re going to start making inroads with our own marketplace and dedicated launch partners, and grow from there.”
To remember ETH launch of the marketplace, Magic Eden will partner with leading projects in the ecosystem including Hashflow, CNWAFUKU, KaijuKingz, Realm Hunter, The Space Club, McPepe’s, Blocky Doge 3.0, Freakz by Subber, Shrapnel, Magna, ZTX, Serial Experiments Lain and Codename: Stardust. For a limited time, Magic Eden will give its partners a “royalty boost” and share revenue from marketplace fees with the listed launch platform partners. The team will continue to support creators in the marketplace with royalties for everyone ETH NFT collections are traded on native listings.
Magic Eden acts as a single landing spot for NFTs across various chains, where collectors visit to discover and mint the most vibrant projects selected through careful assessment and vetting processes. The team curates the top ETH mints, giving users a seamless experience where they can exchange parts from collections that live on the most prominent blockchains, including recent addition of Bitcoin.
As a marketplace that strives to best serve both creators and collectors, Magic Eden has introduced countless features that benefit both communities. These include rewards programs for collectors and traders, highlighted by advanced analytics for traders, and announcement support and Launchpad service for creators. Over the coming months, the company plans to scale its differentiators to continue expanding into new and existing markets. Today marks the initial phase of ETH marketplace rollout, and the team will continue to expand the offering over the coming months.
About Magic Eden
Magic Eden is the leading cross-chain NFT platform powering the next billion users of Web3. Led by former crypto, technology and hospitality leaders, Magic Eden is building an easy-to-use platform powered by market-leading coin and commerce solutions. Magic Eden brings dynamic cultural moments into the blockchain, empowering users in thousands of digital communities to create, discover and collect unique NFTs. For more information, please visitwww.magiceden.io.
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SOURCE Magic Eden
