NFT Marketplace Magic Eden Launches Multi-Chain Wallet

NFT MARKET_WATCH

NFT marketplace Magic Eden announced the launch of its multi-chain wallet, which supports Solana, Bitcoin, Polygon, and Ethereum. Magic Eden's multi-chain wallet is designed to offer a seamless and intuitive experience for users to manage their NFT portfolios across multiple blockchains. It features instant cross-chain swaps, NFT portfolio management, and the ability to trade NFTs directly from the wallet.

Developed in collaboration with Exodus, the wallet is self-custodial, allowing users to retain complete control over their crypto assets. This is a critical feature for users who prioritize the security and privacy of their digital assets.

To incentivize early adopters, Magic Eden is offering limited-time in-wallet mints of popular NFT projects such as Claynosaurz, Degenerate Ape Academy, and BoDoggos throughout February. Additionally, users can participate in airdrops and other perks by using the wallet.

Product Market Lead, therealmiso, said in the official announcement post: “As the team made great strides in the NFT & Ordinals space, it became clear there was a missing complementary piece critical to convenience: a singular wallet that allows users to seamlessly manage and collect NFTs across major chains.”

Magic Eden's expansion into a multi-chain platform is a strategic move to cater to the growing demand for NFTs across different blockchains. The company initially focused on the Solana network, but has since expanded its support to include Polygon, Bitcoin, and Ethereum.

Source : Yahoo crypto / Jan 30, 2024

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