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DeFi News

Magic Eden Launches ETH Beta Along With 17 Launchpad Partners 

For a period of six months, Magic Eden will offer royalties and a 2% fee to the partners of the ETH Launchpad.

Written By Rajpalsinh
Published April 7, 2023 10:47 AM·Updated 1 year ago
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Magic Eden Launches ETH Beta Along With 17 Launchpad Partners 

The multi-chain non-fungible token (NFT) platform, Magic Eden announced the launch of the ETH Beta platform in partnership with 17 ETH Launchpad creators. Ethereum is now Magic Eden’s fourth supported chain.

🧵 OUR ETH PLATFORM IS NOW LIVE!

Today is day 1 of many.

We're proud of
– Partnering w/ 17 ETH Launchpad creators
– Respecting royalties on native listings for ALL collections
– Providing ALL ETH Launchpad partners royalties AND our 2% fee for 6 months

Follow @MEonEthereum! pic.twitter.com/OcGdz4kr9Z

— Magic Eden 🪄 (@MagicEden) April 6, 2023

Magic Eden strives to support digital artists and NFT curators on the Ethereum network. They can launch their projects on Magic Eden with already existing custom contracts or bring their own projects.

Also, the NFT platform will provide ETH Launchpad partners royalties and a 2% fee for 6 months.

Furthermore, Magic Eden will drop two free mints on April 7 at the time of launching 17 partner collections. The first one, Hashflow minting will go live at 3 PM ET while the minting for the second one Cryptoninja will start at 9 PM ET.

The exhaustive list of partners includes Realm Hunter, The Space Club, KaijuKingz, McPepe’s, and others.

Until now, Magic Eden has been the leading platform for NFT trading on Solana. However, in the past few months, they have been making efforts to establish a Bitcoin marketplace and strengthen their offerings on Polygon, as demonstrated by their recent move in y00ts. 

The launch of the Ethereum beta provides traders with more choices and an excellent chance to explore new projects that are part of Magic Eden’s launchpad. However, the current launch is an MVP of Magic Eden and in the upcoming time, more features will be integrated with it. 

Also Read: Magic Eden Launches Bitcoin NFT Marketplace

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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