Tag Archives: Magic Eden

Magic Eden will act as a primary sales platform through which creators can debut their own collections The marketplace accounted for 69% of the total Ordinals sales volume at press time NFT marketplace Magic Eden will debut its creator launchpad for Bitcoin Ordinals on 7 April, which will help creators inscribe their artworks on theContinue reading “Magic Eden carves out niche in Ordinals as OpenSea and Blur…”

Magic Eden has launched its own marketplace for Bitcoin Ordinals. The total number of Bitcoin Ordinals inscriptions has increased from 679 to 240,000 until 1 March. Popular NFT marketplace Magic Eden has launched its own marketplace for Bitcoin [BTC] Ordinals, capitalising on the growing interest in “Bitcoin NFTs.” Welcome to a new dawn. Magic EdenContinue reading “Bitcoin Ordinals expands into Magic Eden: All you need to know”

Magic Eden stated that an exploit resulted in the sale of 25 fraudulent NFTs across four collections in the last 24 hours. The NFT marketplace has promised to refund all users who were duped into purchasing fake NFTs on its website. NFT marketplace Magic Eden has promised to refund all users who were duped intoContinue reading “Magic Eden falls victim to exploit: Here’s why your NFTs are safe”

The Solana-based NFT marketplace Magic Eden has announced the Open Creator Protocol (OCP). OCP is an open-source tool that NFT creators on Solana can deploy to ensure that royalties are paid whenever their assets are traded on secondary marketplaces. The tool has been built on top of Metaplex’s existing SPL token standard for NFTs onContinue reading “Magic Eden launches NFT tool to enforce creator royalties”

Magic Eden announced that it now supports NFTs minted on the Polygon network. Poly-based NFTs have seen more sales in the last month than their counterparts on Ethereum and Solana. Leading NFT marketplace Magic Eden took a step further in its multi-chain expansion as it announced support for non-fungible tokens (NFT) minted on Ethereum scalingContinue reading “As Magic Eden expands to Polygon, here is what you should know”

Magic Eden displayed continued dominance among NFT marketplaces Solana showing positive signs as the price shows a 10% recovery Solana [SOL] had been mired in a number of controversies over the past few weeks, including FTX‘s collapse and the token unlock news. All of this news could have thus, contributed to the decline of theContinue reading “Breathe SOL, Magic Eden might be bringing some positives to the network”

One of the most innovative NFT artists in the world, Beeple, will soon become a part of Solana, as he will unveil the future of streaming with immersive 3D NFTs. The co-founder and CEO of Metaplex Studios, Stephen Hess, made the announcement on 6 November during Solana’s Breakpoint conference in Lisbon, Portugal. Metaplex Studios isContinue reading “Beeple to introduce immersive 3D NFTs to Solana, details inside”

Magic Eden, the biggest NFT marketplace on Solana [SOL], with a monthly trading volume of over $87 million, announced its decision to implement an optional royalties structure on its platform. With this, buyers of NFTs on Magic Eden reserve the right to determine how much they wish to pay as royalties to the creators ofContinue reading “Magic Eden: Will this controversial move be a hit or a miss? Assessing…”

The debate over creator fees or royalties on NFTs has been going on for a while now. Both sides, the creators and collectors, have made their case as to why or why not there should be royalty on top of the sale price of an NFT. NFT marketplaces have become proxies in this debate, byContinue reading “Magic Eden becomes the latest to join NFT royalty debate”

Solana [SOL] has emerged as one of the biggest losers from the 19 August bloodbath in the crypto market. The famed Ethereum [ETH] killer has now lost the highest value among top 10 cryptocurrencies per Coin Market Cap. The SOL token is currently down 21.6% over the past week as the market showed a sharpContinue reading “Solana: Assessing the odds of SOL surviving the latest crypto bloodbath”

Imagine a Solana [SOL]-based NFT marketplace planning to build one for an Ethereum [ETH]-based collection. Would it ever be possible to achieve? Well, the leading Solana NFT marketplace, Magic Eden, seems not to think of impossible things. This is because the platform recently made an announcement that proposed to build a marketplace just for YugaLabs-ownedContinue reading “APE factor in Magic Eden’s plan to develop an exclusive for BAYC”

Imagine experiencing a robbery without knowing the culprit. Yes, quite an unfortunate scenario. Now, multiply this robbery by a multi-million dollar, think about the situation then. No wonder, you will be petrified. Well, this is the emerging case coming from the crypto world. Knock knock, who’s there?  On 3 August, the Solana network encountered aContinue reading “Solana suffers >8% as ongoing attack drains over 8k+ wallets”