Magic Eden will launch its ETH marketplace on Thursday, April 6th. The post Magic Eden Unveils Beta Launch of Its ETH Marketplace appeared first on Tokenist.
Magic Eden Introduces ETH Genesis
This Wednesday, the popular cross-chain NFT platform Magic Eden unveiled its latest cross-chain expansion—ETH Genesis. The Ethereum marketplace will initially launch as a beta on April 6th. The company is also partnering with numerous well-known projects from the ecosystem including Shrapnel, Magna, ZTX, Code Name: Stardust, Hashflow, and many others.
Magic Eden’s team pledged to curate the best NFT mints and facilitate the platform where creators can seamlessly mint and trade ETH NFTs efficiently. The marketplace will also respect royalties for native creations, and hopes to expand the feature across its ecosystem. At the launch, ETH Genesis partners will also see a period of “royalty boost” where they will receive a larger share.
We’ve always respected Ethereum as the largest, most established community for NFTs. We bring proven ability to partner with creators as the only NFT platform that has launched 400+ projects and raised over $120M for creators. We also have a team of shippers that can move nimbly. We think our strengths will continue to serve the growth of ETH’s NFT ecosystem. In the spirit of iteration, we’re going to start making inroads with our own marketplace and dedicated launch partners, and grow from there.
Zhuoxun Yin, COO and co-founder of Magic Eden
The Rise of NFT Aggregators
This diffusion can make finding and trading promising projects and interesting collections fairly difficult. NFT aggregators streamline the process by displaying the offerings from various locations within a single, easy-to-use interface. Together with Magic Eden’s recent cross-chain expansion, a platform called Blur made a major splash in the sector.
Do you think Magic Eden is poised to become the largest NFT platform in the world? Let us know in the comments below.