Magic Eden Launches ETH Beta
Magic Eden has partnered with 17 Ethereum-based creators to kickstart its now live Ethereum marketplace beta.
❗Why It Matters
Perhaps a footnote in a larger brewing marketplace war, Magic Eden has long suggested its plans were to be a top NFT marketplace on multiple chains. To date it has maintained its dominance on Solana NFT trading, but in recent months has made strides to launch a Bitcoin marketplace whilst bolstering its Polygon offerings as evidenced by last week's y00ts move. The Ethereum beta allows more options for traders and presents an excellent opportunity to discover upcoming projects that are part of Magic Eden's launchpad.
- Partnering with 17 ETH Launchpad creators
- Respecting royalties on native listings for all collections
- Providing royalties and a 2% fee for all ETH Launchpad partners for 6 months
- Live with 2 free mints, with 17 partner collections launching throughout April
Magic Eden aims to differentiate itself by actively supporting creators, having sold out over 300 projects. The current ETH platform is an MVP, with more features planned in the future.
The platform also plans to aggregate ETH platforms to provide a comprehensive market view while respecting royalties on native listings.
🎬 Take Action
Magic Eden's ETH beta is now live and opens with 2 FREE mints at 3:00 p.m. ET and 6:00 p.m. ET, respectively.
Interested project owners can learn more about launching their project on Magic Eden's launchpad here.
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