cryptopolitan.com
Magic Eden, a cross-chain NFT platform, has recently unveiled its much-anticipated Bitcoin marketplace for digital artifacts. As the only fully audited marketplace in the Bitcoin Ordinals ecosystem to date, it promises a safe and secure trading experience for collectors with a familiar interface.
Boasting over 400,000 inscriptions of unique digital artifacts, ranging from images to audio clips, Magic Eden has become the go-to destination for collectors and appreciators of digital art. These artifacts are securely inscribed on the blockchain and tied to its smallest unit, a Satoshi. In addition, wallets and explorers are currently being built with cutting-edge infrastructure to support Bitcoin inscriptions.
Hiro and Xverse, two non-custodial wallets, will be integrated to provide users with a Phantom-like experience, enabling efficient listing, delisting, buying, selling, and facilitating transactions. Users can process transactions more effectively by incorporating these two wallets into their system.
Welcome to a new dawn. Magic Eden is now on Bitcoin.
— Magic Eden 🪄 (@MagicEden) March 21, 2023
Now, you can safely trade your favorite collectibles on the 1st audited marketplace with $BTC 🤝
Explore 70+ collections on our marketplace: https://t.co/WiYYgIWPG5
Don't forget to follow @MEonBTC! pic.twitter.com/KNCrVFrCTu
Magic Eden partners with 13 leading collections
During the launch of the new marketplace, Magic Eden will partner with 13 leading collections, including Taproot Wizards, Inscribed Pepes, and Bitcoin Bandits. These collections have been subject to good filtering to ensure that collectors can access comprehensive artifact information such as ordinal rarity, age, name, inscription numbers, and more. In addition, the team plans to update the platform with new features and improvements as the platform matures and evolves.
Jack Lu, CEO and co-founder of Magic Eden, expressed his enthusiasm for the launch of the Bitcoin marketplace: “Adding a Bitcoin marketplace is a fascinating step for us as we are all passionate about blockchain technology and appreciate its importance as the grandfather of all blockchains.”
Jack emphasized the platform’s simplicity, which has been embraced by many creators who desire to build veritable collectibles that are securely stored on the blockchain. He also expressed enthusiasm for enabling users to experience the winning marketplace user interface that his team has developed over the past eighteen months with Bitcoin.
5/ The Magic Eden experience on Ordinals features a fully permissionless, non-custodial marketplace for secondaries that utilizes partially signed Bitcoin transactions (PSBT), as the core technology, instead of smart contracts.
— Magic Eden 🪄 (@MagicEden) March 21, 2023
Magic Eden becomes an integral part of NFT communities
Since its launch in 2021, Magic Eden has become integral to the NFT communities on Solana, Ethereum, and Polygon. Users benefit from its user-friendly experience with analytical features and a loyalty program offering lower marketplace fees. In addition, their Launchpad offering enables creators to bring their collections to life with marketing and market strategy support, trusted by hundreds of users.
Led by experienced crypto, tech, and hospitality entrepreneurs, Magic Eden is developing a user-friendly platform backed by cutting-edge minting and trading tools. By bringing dynamic cultural moments to the blockchain, Magic Eden’s platform enables users across numerous digital communities to create, explore, and collect exclusive NFTs.