Magic Eden's Ethereum NFT Marketplace Now Live
Magic Eden, in collaboration with Yuga Labs, officially opened its Ethereum NFT marketplace for trading.
The Deets
- New Ethereum NFT marketplace built in collaboration with Yuga Labs
- Supported by notable creator alliance which features top collections
- Protects royalties for all creators
- Incentive: Users will earn Magic Eden Diamonds for trading
The Bulk
After a few months of teases, the Yuga Labs and Magic Eden Ethereum NFT marketplace is now open for trading.
The marketplace, which will support royalties for creators, makes use of Limit Break's "Payment Processor" technology to protect royalties in a way that is seamless for the end user.
In fact, trading on Magic Eden's Ethereum marketplace should provide no barriers for regularly users of its Solana or Bitcoin marketplaces, as the UI/UX matches near step-for-step.
As part of the launch, notable Ethereum-based NFT projects like Pudgy Penguins, Azuki, and RTFKT pledged their respective support in the building of a creator alliance. All projects are now said to pledge their support towards Magic Eden's marketplace over all others.
🎤 Founder Feedback
Royalties are the lifeline that keep creators building fun, weird, and innovative activations in web3Greg Solano, Yuga Labs CEO
🎬 Take Action
You can start trading NFTs and earning Diamonds on Magic Eden's Ethereum NFT marketplace now.
🔜 What's Next?
In two weeks, Magic Eden will continue its Ethereum activations, allowing "OG Ethereum NFT users" to claim a bonus Diamond Drop.
For more web3 and NFT news, visit the Lucky Trader newsfeed.
