NFTs News

Magic Eden Announces Expansion To Polygon Network

Magic Eden, an NFT marketplace, announced Tuesday that it will now support Polygon-based non-fungible tokens (NFT), embracing a new ecosystem of creators and developers.

The NFT marketplace will be able to collaborate closely with important IP owners, top-tier game developers, and up-and-coming creators from the Polygon ecosystem thanks to the expansion.

Zhuoxun Yin, Co-Founder and COO of Magic Eden, stated:

“Our expansion to Polygon is really exciting for two reasons: first, we’ve always envisioned a cross chain future for Magic Eden, and this brings us closer to uniting a broader audience who love NFTs.”

Recently, Polygon has also forged partnerships with major corporations like Stripe, Robinhood, and Adobe. In order to create new digital communities and enroll people in Web3 initiatives, which are closely aligned with Magic Eden’s goal of reaching broader NFT consumers, Polygon’s cooperation is assisting global brands.

Magic Eden will create a launchpad and marketplace to assist Web3 game developers developing on Polygon utilizing its native MATIC token in order to accomplish these aims.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.