H3at Studios, a Dubai-based fast-growing media production company focused on the Web3 industry, was a major contributor to the success of Magic Eden’s $ME token airdrop. H3at Studios partnered with Magic Eden, a multi-chain non-fungible tokens (NFTs)marketplace, to create compelling content for the global web3 community. Remarkably, the 3D video
Ahead of the anticipated altcoin rally, notable altcoins are fluctuating with both dumps and pumps. In addition, one of the expected airdrops is Magic Eden (ME), a leading cross-chain NFT marketplace. The ME token’s airdrop worth around $700 million, officially went live on December 10. Post-launch, the token’s price has
The much-awaited Magic Eden’s $ME token generation event (TGE) pre-sale is live today. Magic Eden is the most popular NFT marketplace on Solana, with a total trading volume of $2.89 billion for 23.07 million sales. As the NFT market showed signs of revival, the timing of the Magic Eden $ME
Magic Eden is planning to introduce and use a utility token called “ME” on its Non-Fungible Token (NFT) marketplace. Importantly, the firm said that the ME Foundation is working on the token’s development. The new token is designed to make cross-chain trade easier on the platform that is built on
According to a statement by Magic Eden’s CEO and co-founder, Jack Lu, the platform’s sales reached $50 million, which caused a stir in the world of digital assets. Magic Eden is a well-known decentralized NFT marketplace. As the community’s euphoria around the possible rebirth of the NFT arena is reflected
Yuga Labs, a leading NFT studio renowned for its iconic Bored Ape Yacht Club and Mutant Ape Yacht Club collections, has made a groundbreaking decision. The company announced it will stop working with NFT marketplaces that “don’t support royalties for all creators.” This move signifies a pivotal moment in the
As a more affordable and scalable approach to owning digital collectibles, Magic Eden, a marketplace for NFTs, has announced its support for Solana’s compressed NFTs (cNFTs). Compressed and held off-chain, cNFT data is what sets them apart from regular Solana NFTs. Since there are less costs associated with minting them,
As part of a company-wide restructuring, non-fungible token (NFT) marketplace Magic Eden announced on Monday that it will be letting go of 22 of its employees. Jack Lu, the CEO, and co-founder of Magic Eden, wrote on Twitter that the firm needed to make staff adjustments to meet new objectives
There is a potential danger to creator royalties in the NFT arena. Particularly on Solana, where almost all major markets have ceased mandating that traders pay the costs. Magic Eden, the most popular Solana marketplace, has recently taken action toward establishing a more stable method to enforce creator royalties. The
Magic Eden, a cross-chain NFT marketplace, will now handle non-fungible tokens (NFT) based on Polygon, embracing a new community of creators and developers. Magic Eden will be able to support Polygon’s ecosystem of game developers and creators thanks to the expansion. Among others, Ubisoft, Atari, Animoca Brands, Decentraland, and Sandbox
