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 NFTeducation.org
*All investment/financial opinions expressed by NFTeducation.org 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.