Magic Eden Begins Assist for Polygon-Based mostly NFTs

Often called the main market for Solana NFTs, Magic Eden introduced in August that it’ll begin supporting ETH NFTs. Now fast-forward simply 3 months to the current, and it helps Polygon-based NFTs too. Regardless of market circumstances, 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 in a position to help an enormous ecosystem of sport builders and creators that have been beforehand out of attain. Polygon homes large web3 gaming initiatives and publishers that embrace the likes of Ubisoft, Sandbox, Atari, and Decentraland!

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

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