Magic Eden Unleashes Trio of Transformative NFT Initiatives

2 months ago 83

Today, Magic Eden unveiled a trifecta of important initiatives to heighten its NFT ecosystem: a caller rewards program, open-source development, and planetary cross-chain wallet. 

Each caller measurement highlights Magic Eden’s dedication to broadening the influence, accessibility, and advantages of NFTs — reinforcing its presumption arsenic a starring secondary marketplace. 

The NFT ecosystem’s caller enhanced rewards programme is present unrecorded connected the Solana blockchain!

Magic Eden NFT

Revamped Rewards Program

Magic Eden’s upgraded rewards program, present connected the Solana blockchain, is acceptable to grow its scope to encompass Ethereum, Bitcoin, and Polygon networks.

As portion of its mission, the level strives to connection quests and advantages to its members, yet benefiting some collectors and creators who enactment crossed divers blockchains.

Open-Sourcing Tools

Recognizing the value of decentralization for NFT adoption, it is open-sourcing its NFT protocols and contributing them to Non-Fungible DAO.

Non-Fungible DAO, powered by $NFT, is simply a community-owned enactment with a ngo to make NFT commerce protocols.

The halfway absorption of this concern is to beforehand decentralization and fortify the NFT ecosystem crossed aggregate blockchains.

Decentralization is indispensable to the planetary adoption of NFTs. Magic Eden volition beryllium open-sourcing and contributing each of its NFT trading and minting protocols to Non-Fungible DAO.

— Magic Eden 🪄 (@MagicEden) January 22, 2024

Universal Cross-Chain Wallet

What’s more, Magic Eden’s cross-chain wallet — which has been successful Beta investigating since precocious 2023 and boasts implicit $1.9 cardinal successful secondary trading measurement — offers a compelling alternate to wallets specified arsenic MetaMask, Rainbow, Phantom, and xVerse. 

Designed for NFT collectors trading connected aggregate blockchains, the wallet enables swift cryptocurrency exchanges crossed Bitcoin, Solana, Ether, and Polygon. 

Keep an oculus retired astatine the extremity of January, arsenic this diagnostic is connected way to beryllium globally accessible, promising users alluring rewards.

Through each transformative initiative, Magic Eden is actively shaping the NFT landscape, competing successful the market, and contributing to the improvement and perks of integer assets on-chain. Stay tuned for much updates!

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