Monday, January 30, 2023
HomeNFTsMagic Eden Begins Support for Polygon-Based NFTs

Magic Eden Begins Support for Polygon-Based NFTs

Generally known as the main market for Solana NFTs, Magic Eden introduced in August that it’s going to begin supporting ETH NFTs. Now fast-forward simply 3 months to the current, and it helps Polygon-based NFTs too. Regardless of market situations, Magic Eden appears to be on a roll.

Magic Eden’s NFT group is within the midst of a debate over the significance of creator royalties. In October, the platform switched to a royalty-optional mannequin, which created considerably of a group backlash. {The marketplace} has additionally suffered from the collapse of FTX, which affected its main blockchain Solana.

With Polygon, Magic Eden is now capable of help an enormous ecosystem of sport builders and creators that had been beforehand out of attain. Polygon homes large web3 gaming tasks and publishers that embody the likes of Ubisoft, Sandbox, Atari, and Decentraland!

The brand new transfer is all a part of Magic Eden’s imaginative and prescient to grow to be a real ‘multi-chain’ market. Following its transfer to help ETH again in August, Magic Eden has launched over 20 tasks and raised 5,000+ ETH for its creators. Now with Polygon beneath its belt, we are able to stay optimistic that they’ll be extra of that to come back.

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