Magic Eden


Web3

NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire

Chris Akhavan will take on the new role of chief gaming officer to build the marketplace’s Web3 gaming strategy following its expansion to the Polygon network.

Chris Akhavan (Magic Eden)

Web3

Magic Eden Launches Protocol to Enforce Creator Royalties

The top marketplace for Solana NFTs had moved to an optional creator royalty model in October.

(Pixabay modified by CoinDesk)

Web3

NFT Marketplace Magic Eden Expands Support for Polygon-Based NFTs

The leading Solana NFT platform will welcome a new community of Web3 gaming developers and publishers on the Polygon network.

(Polygon X Magic Eden)

Web3

Retract Royalties, Reduce Revenue: NFT Creators Are Suffering and so Are Marketplaces

A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market.

(Getty Images)

Web3

NFT Royalties May Be ‘Dwindling,’ Galaxy Digital Researcher Says

Salmaan Qadir said NFT creators have earned upwards of $1.8 billion in royalties from secondary sales. But that number may be skewed.

Galaxy Digital Research Associate Salmaan Qadir (LinkedIn)

Videos

Magic Eden Dominance has Wavered

Magic Eden's dominance as an NFT marketplace in the Solana ecosystem has wavered since the introduction of zero-royalty marketplaces. Galaxy Digital Research Associate Salmaan Qadir breaks down its dominance over time compared to other marketplaces like OpenSea, HadeSwap and more.

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Videos

Solana-Based NFT Marketplace Magic Eden Switches to Optional Royalty Model

Solana's leading non-fungible token (NFT) marketplace Magic Eden is moving to an optional royalty model, following in the controversial trend set by X2Y2 and others. "The Hash" team discusses what this means for the world of digital collectibles.

CoinDesk placeholder image

Web3

NFT Marketplace Magic Eden Moves to Optional Royalty Model

Solana’s top NFT marketplace is the latest platform to switch to a no-fee model, following in the controversial trend set by X2Y2 and others.

Magic Eden's booth at the Solana Hacker House in Miami, April 2022. (Danny Nelson/CoinDesk)

Videos

Magic Eden COO on Multimillion Dollar Solana-Based Crypto Wallet Hack: 'It's an Education Thing'

Over 8,000 “hot” Solana-based crypto wallets have been compromised in an ongoing exploit amassing at least $5 million. Zhuoxun Yin, COO and co-founder of NFT marketplace Magic Eden, discusses what this means for Magic Eden and NFT application builders. "This is sort of a longer-term education piece that will continue to be a strong narrative," Yin said.

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