Magic Eden, the leading platform for Solana NFTs, has announced that it is going multi-chain through the addition of Ethereum NFTs into its ecosystem. To celebrate the landmark occasion, the platform has changed its Twitter name to Magic Ethen.
The platform has stated that it will offer Ethereum NFT enthusiasts with the same go-to-market services as it does for Solana NFTs. This means that irrespective of the blockchain in question, all users will be able to access the platform’s minting toolkit, whitelisting tools and marketing support when managing their NFTs.
To up the ante even further, the platform is also planning on launching a ‘cross-currency trading product’ wherein users can purchase both Solana and Ethereum NFTs using either of the blockchains’ native currencies. The service will also include a cross-chain analytics dashboard.
Although the addition of Ethereum NFTs onto the notorious Solana-based platform will inevitably send shockwaves throughout the Web3 ecosystem, Magic Eden’s co-founder Zhuoxun Yin is remaining humble in his expectations for the endeavour. This is what he had to say:
“We don’t think winning on ETH will happen overnight. We are entering the market with humility and are prepared to build for a long while. With that being said, we have a strong conviction for our hypothesis on what NFT creators and collectors need from their marketplace”.
Want more? Connect with NFT Plazas
Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Team Writer. 100% Non-Fungible.
‘News of the Day’ content, as reported by public domain newswires.
Source Information (if available)
It appears the above article may have originally appeared on nftplazas.com and has been shared elsewhere on the internet, repeatedly. News articles have become eerily similar to manufacturer descriptions.
We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.
First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!