Magic Eden, the most popular marketplace for Solana NFTs, declared in August that it would begin supporting ETH NFTs. Just three months later, it now also supports NFTs based on polygons. Magic Eden appears to be in good shape despite the state of the market.
Magic The value of creator royalties is currently the subject of a discussion among Eden’s NFT community. The platform changed to a royalty-optional arrangement in October, which led to some community resentment. The market has also been harmed by FTX’s demise, which has impacted its main blockchain Solana.
Magic Eden can now sustain a sizable ecosystem of game developers and creators that was previously out of reach thanks to Polygon. Massive web3 game projects and companies like Ubisoft, Sandbox, Atari, and Decentraland are housed at Polygon!
The new action fits perfectly with Magic Eden’s goal to develop into a genuine “multi-chain” marketplace. Magic Eden has launched more than 20 projects and raised more than 5,000 ETH for its founders since switching to support ETH back in August. We may continue to be confident that there will be more of that now that Polygon has under its belt.