Magic Eden Introduces Launchpad for Bitcoin Ordinals Creators
Shortly after its digital artefacts marketplace launch on BitcoinMagic Eden focuses on giving creators a platform to launch collections
SAN FRANCISCO, 6 April 2023 /PRNewswire/ — Magic Eden (“The Company”), the leading cross-chain NFT platform, today announced plans to open a Launchpad for creators looking to enter Ordinals on Bitcoin. The first Ordinals launch will take place at 7 April 2023. Now the leading facilitation platform Bitcoin subscription transactions, Magic Eden continues to enhance its capabilities by providing creators with a safe and secure platform to launch their collections. In an effort to further advance the Ordinals ecosystem, Magic Eden launched a marketplace to facilitate end-user transactions and is now introducing Launchpad for service creators.
Bitcoin inscriptions have seen a sharp rise in popularity through Q1 2023, and as technology continues to catch up with demand, Magic Eden steps in to provide a way for creators to easily launch their collections. Launchpad will bring together a community of enthusiasts from other native chains and foster the growth of a growing Ordinals community.
Since the launch of its marketplace on March 21, 2023Magic Eden has become the best marketplace for trading Bitcoin inscriptions. Leading with up to 70% market share, the platform actively seeks to introduce new projects to collectors in a safe and secure manner. Magic Eden Launchpad now supports four blockchains, including EthereumSolana, Polygon and Bitcoin, and is the premier destination for creators to launch their projects. To date, Launchpad has served over 500 creators and counting 150 million dollars on behalf of creators.
Zhuoxun Yin, COO and co-founder of Magic Edencommented on today’s news: “We are excited to expand our creative capabilities to Bitcoin and offers easy ways for creators to get started and launch. Bitcoin is the granddaddy of all blockchains, and we believe it could be the home of pure digital artifacts. With Ordinals, content can be preserved forever, and we’re proud to help creators and the Ordinals community grow together.”
A growing one Bitcoin Ordinal’s ecosystem means that collectors and dealers of digital assets are interested in the value the digital objects provide and want to experience a smooth and user-friendly encounter when they first interact with inscriptions. Magic Eden looks forward to being the first to offer a Launchpad experience for Bitcoin. The launch partner Godjira, an established ETH collection, is scheduled to go live at Magic Eden on April 7 with their (Dead)jira Legacy coin. In addition, four other creators, including Genopets, Lazy Lions, Lil Durk, and Humanoids will launch Ordinals on the platform within the first week of it being live. Genopets will be the first game to launch Ordinals on the platform.
“We chose to work with Magic Eden because they are a team of experts who can provide advice and guidance and have a reputation for quality and reliability. We believe that this launch is not only beneficial to [our community] but also the entire Ordinals space,” said the Godjira co-founder. The team aims to educate and raise awareness of Ordinals through their collections to a wider audience.
Creators interested in writing ordinals on Bitcoin through the Magic Eden Launchpad should get in touch here.
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 visit www.magiceden.io.
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Dillon Arace
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SOURCE Magic Eden
