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Magic Eden Simplifies Bitcoin NFT Creation with Creator Launchpad
Magic Eden has unveiled a new creator launch platform to help creators enter their Bitcoin-based NFT collections for Ordinals. With the new platform, creators will be able to create tokens on the Bitcoin network without having to worry about the technical details of Taproot and inscriptions. Ultimately, the move is part of Magic Eden’s effort to make NFTs more accessible to everyone. Let’s dive in!
The NFT Marketplace everyone is talking about
First, let’s take a look at Magic Eden. Essentially, the popular NFT marketplace provides a platform for creators to create and sell various types of NFTs. These include digital collectibles and game assets, all with minimal fees. Ultimately, it has earned a reputation for being a community-driven platform that supports various NFT projects, allowing users to discover new and exciting NFTs to add to their collections.
Since its launch, Magic Eden has grown in popularity. Investors and collectors see it as one of the most vibrant and dynamic marketplaces in the NFT space. It has attracted major investors such as Alameda Research and Jump Trading, who recognized the potential to become a major player in the NFT market.
Magic Eden began as one of the most popular marketplaces for buying and selling Solana NFTs. However, its popularity has grown far beyond that. The decentralized marketplace has already expanded its offerings to include Ethereum-based NFTs and Bitcoin NFTs, making it a top destination for NFT enthusiasts.
Magic Eden’s previous expansions helped the platform attract even more attention from NFT collectors and creators. Providing a marketplace for everyone, and now with their Creator Launchpad, Magic Eden is a one-stop-shop for NFT enthusiasts.
Magic Eden’s expansion to Ordinals
Magic Eden has launched a creator launchpad for Ordinals, making it easier for creators to enter their Bitcoin-based NFT collections. Significantly, the new feature is aimed at helping creators enter their NFT collections and foster the growth of a larger market for Bitcoin.
Also, the platform has partnered with the NFT collection, Godjira, to release its (dead) jira Bitcoin-based collection on April 7. Lazy Lions, Humanoids and rapper Lil Durk are also set to mint Bitcoin inscriptions on the new platform over the next week.
The popularity of Ordinals has increased since January. It is clear that Magic Eden seeks to meet the needs of the growing community. In addition to expanding their offerings beyond Solana, they have launched a Bitcoin NFT marketplace. This enables collectors to purchase Ordinals on the secondary market, with support for two integrated Bitcoin wallets.
Furthermore, the platform has started a Web3 game collective. This aims to bring together leading blockchain-based gaming funds and publishers to promote mass growth in the space. Earlier in March, Magic Eden started “Mint Madness,” allowing users to create free NFTs for over a dozen Web3 games.
