What is Magic Eden? – Part 1
NFTs

What is Magic Eden? – Part 1

1m"
1 year ago

Magic Eden is a decentralized NFT marketplace on the Solana blockchain. Here are a few things to note about the platform.

What is Magic Eden? – Part 1

NFT marketplaces are where people can buy and sell NFTs. And since there has never been a shortage of creatives in the world, NFT marketplaces are bound to remain part of the blockchain ecosystem.

The Solana blockchain has become a good spot for NFT projects seeking to leverage its speed and cheap cost. The NFT sales on Solana have eclipsed $1 billion in all-time total volume and Magic Eden is the leading NFT marketplace on Solana. It is mostly used for minting. Now let's get into this platform!

Read more here.
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