Shortly after its marketplace launch for digital artifacts on Bitcoin, Magic Eden turns its focus to providing creators with a platform to launch collections.
IMAGE CREDIT: www.nftsstreet.com
Here’s good news for Filipino Bitcoiners!
Magic Eden, one of the world’s leading cross-chain NFT platforms, today announced plans to open a launchpad for creators looking to inscribe Ordinals on Bitcoin. The first Ordinals launch took place last April 7, 2023.
Magic Eden, which is currently the leading platform facilitating Bitcoin inscription transactions, continues adding to its capabilities by providing creators with a safe and secure platform to launch their collections. In an effort to further advance the Ordinals ecosystem, Magic Eden launched a marketplace to facilitate transactions on the side of the users and is now set to introduce the same Launchpad to service creators.
Bitcoin inscriptions have seen a major uptick in popularity throughout Q1 2023 and while technology continues to catch up with demand, Magic Eden is stepping in to offer a way for creators to easily launch their collections.
The new launchpad will bring together a community of enthusiasts from other native chains and foster the growth of a growing Ordinals society.
Since the launch of its marketplace on March 21, 2023, Magic Eden has become the top marketplace for trading Bitcoin inscriptions. Leading with up to 70% market share, the platform is now actively looking to introduce new projects to collectors in a safe and secure way.
The Magic Eden launchpad now supports four blockchains, including Ethereum, Solana, Polygon, and Bitcoin, and is the premier destination for creators to launch their projects. To date, Launchpad has served over 500 creators and raised over $150 million on behalf of creators.
Expanding creator capabilities
In a press release, Zhuoxun Yin, COO and co-founder of Magic Eden, said, “We’re excited to expand our creator capabilities to Bitcoin and offer easy ways for creators to get started and launch. Bitcoin is the grandfather of all blockchains, and we believe it can be the home to pure digital artifacts. With Ordinals, content can be preserved forever, and we’re proud to be helping creators and the Ordinals community grow together.”
A growing Bitcoin Ordinals ecosystem means that digital asset collectors and traders are interested in the value the digital artifacts provide and are looking to experience a smooth and user-friendly encounter when first interacting with inscriptions.
Magic Eden looks forward to being the first to provide a Launchpad experience for Bitcoin. Its launch partner, Godjira, an established ETH collection, went live on Magic Eden last April 7 with their (Dead)jira Legacy mint.
Additionally, four other creators including Genopets, Lazy Lions, Lil Durk, and Humanoids will also soon be launching Ordinals on the platform. It was also reported that Genopets will be the first game to launch Ordinals on the platform.
“We chose to work with Magic Eden because they are a team of experts who can provide advice and guidance and have a reputation for quality and trustworthiness. We believe this launch is not only beneficial to (our community) but also (to) the entire Ordinals space,” stated its co-founder, Godjira. “The team aims to educate and raise awareness about Ordinals through its collections to a wider audience.”
Magic Eden is now the leading cross-chain NFT platform driving the next billion users to Web3. Led by former crypto, tech, and hospitality leaders, Magic Eden is building a user-friendly platform powered by market-leading minting and trading solutions. Magic Eden brings dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover and collect unique NFTs.
Creators interested in inscribing ordinals on Bitcoin through the Magic Eden launchpad should get in touch here. For more information, please visit www.magiceden.io.