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<p><span style="background-color:transparent;"><strong>Key insights:</strong></span></p><ul style="list-style-type:circle;"><li><a href="http://bit.ly/3URJCRL"><span style="background-color:transparent;"><i><u>Sign in</u></i></span></a><span style="background-color:transparent;"><i> and add all your wallets to view your Rewards Level</i></span></li><li><span style="background-color:transparent;"><i>Sign in this week to earn rewards, starting later this month</i></span></li><li><span style="background-color:transparent;"><i>Higher levels benefit with future fee discounts</i></span></li></ul><p>&nbsp;</p><p><span style="background-color:transparent;">The vision that we’re working towards is that Magic Eden Rewards Hub will help you make the most out of your experience on Magic Eden. By joining our loyalty program, you can claim rewards from ecosystem partners and creators, earn Magic Points based on your Magic Eden activity, and enjoy progressively greater fee discounts based on your points.</span></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>How do I join Magic Eden Rewards?</strong></span></h3><p><a href="http://bit.ly/3URJCRL"><span style="background-color:transparent;"><u>Sign in</u></span></a><span style="background-color:transparent;"> and connect each of your wallets. Wallets linked under one username are private to your profile only and are not visible to the public. Your initial level is determined by the highest level you’ve reached in either November or December. Make sure you connect this week, as our first rewards will be rolled out before EOY.&nbsp;</span></p><p><span style="background-color:transparent;"><i>More details on </i></span><a href="https://help.magiceden.io/en/articles/6815809-how-do-i-connect-multiple-wallets-to-my-profile" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><i>how to link wallets here.</i></span></a></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>Why is Magic Eden providing rewards?</strong></span></h3><p><span style="background-color:transparent;">We want to provide a cool place where creators could provide perks, discounts, or free NFTs via fun airdrops&nbsp; to Magic Eden’s community. Creators and collectors need more ways to connect, not fewer, and we’re happy to provide another way for creators to engage Magic Eden’s users. We hope this can also become a place where ecosystem partners and dapps can share amazing products with our users. If you are a creator or ecosystem partner who wants to partner with us on rewards,&nbsp;</span><a href="http://bit.ly/3WcCL6n"><span style="background-color:transparent;"><u>please contact us here</u></span></a><span style="background-color:transparent;">.</span></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>How will rewards work?</strong></span></h3><p><span style="background-color:transparent;">We created five different levels. The higher the level, the better the benefits. While we are still fleshing out our full plan for rewards, they will initially be released in the Rewards Hub in the form of NFTs - these NFTs could include loot boxes from your favorite collections, discounts from ecosystem partners, and much more. Higher levels are eligible for greater rewards, but collectors&nbsp;must sign in to see what level they are in. Rewards will be airdropped directly to users’ profiles, where they can be claimed.&nbsp;</span></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>How are Reward Points calculated?</strong></span></h3><p><span style="background-color:transparent;">Reward Points are earned by activity on ME based on volume of SOL transacted in the last calendar month. For every 1 SOL in volume by a connected wallet (buy or sell – currently, minting transactions are not included), collectors will earn 5 Magic Points. These points are what contribute to upgrading to the next level and better rewards. On the first of every month, a new reward cycle begins; your level from the previous month will carry over unless you surpass that level in the current reward cycle. Once you reach the next level up you will receive the added benefits of that higher level the next day!</span></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>How will fee discounts work?</strong></span></h3><p><span style="background-color:transparent;">For the last two months, we waived our platform fee. As a deeply creator-centric business, we did not feel that it was right to charge platform fees while going to optional royalties for creators. Recently, we developed the Open Creator Protocol (OCP), an open-source solution with decentralized governance. New collections using OCP can automatically protect their royalties.</span></p><p><span style="background-color:transparent;">Having re-introduced a sustainable way to respect royalties on Magic Eden via protocol enforcement, we wanted to approach re-introducing fees in the most considered manner to our community. We believe users should be rewarded based on how much they transact on Magic Eden. An everyday trader should receive lower fees than someone who is buying an NFT for the first time. That’s why we have decided to offer greater fee discounts at each level of trade volume. Rewards Hub members will save more on fees as their level increases.</span></p><p><span style="background-color:transparent;">Magic Eden will adopt a maker / taker model, meaning that fees will be shared across sellers and buyers. In this system, listing and bid transactions are considered “makers”, as opposed to buying and instant sell transactions, which are “takers.”</span></p><figure class="table"><table><tbody><tr><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;"><p style="text-align:center;"><span style="background-color:transparent;">Level</span></p></td><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;" colspan="2"><p style="text-align:center;"><span style="background-color:transparent;">Fee discount*</span></p></td></tr><tr><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;"><p style="text-align:right;"><span style="background-color:transparent;">1</span></p></td><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:bottom;" colspan="2"><p style="text-align:center;">2.5% taker, 0% maker</p></td></tr><tr><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;"><p style="text-align:right;"><span style="background-color:transparent;">2</span></p></td><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;" colspan="2"><p style="text-align:center;">2.25 taker, 0% maker</p></td></tr><tr><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;"><p style="text-align:right;"><span style="background-color:transparent;">3</span></p></td><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;" colspan="2"><p style="text-align:center;">2% taker, 0% maker</p></td></tr><tr><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;"><p style="text-align:right;"><span style="background-color:transparent;">4</span></p></td><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;" colspan="2"><p style="text-align:center;"><span style="background-color:transparent;">~25% lower fees</span></p></td></tr><tr><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;"><p style="text-align:right;"><span style="background-color:transparent;">5</span></p></td><td style="border:1pt solid #ffffff;padding:5pt;vertical-align:top;" colspan="2"><p style="text-align:center;"><span style="background-color:transparent;">~45% lower fees</span></p></td></tr></tbody></table></figure><p><span style="background-color:transparent;"><i>Fee structure, shared across makers and takers</i></span></p><p><span style="background-color:transparent;">Note: Magic Eden will be monitoring unusual trades. Should a profile demonstrate an inordinate level of suspicious activity, especially trades that appear to artificially inflate their volume so as to qualify for higher tiers, this profile will be reviewed by our team and may be downgraded to 'Explorer' tier and made ineligible for other rewards.</span></p><p><span style="background-color:transparent;"><i>More details on </i></span><a href="https://help.magiceden.io/en/articles/6805118-how-do-i-earn-rewards-and-receive-fee-discounts" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><i>how to earn fee discounts work here.</i></span></a></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>What about Magic Ticket holders?</strong></span></h3><p><span style="background-color:transparent;">Magic Ticket holders will receive special perks for the rewards program. We’ll announce more details soon.&nbsp;</span></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>As always, community feedback welcome</strong></span></h3><p><span style="background-color:transparent;">The above is an initial approach of how we would like to approach fees, and we welcome feedback from the community. It is our desire to always provide value to our users in a way where all parties can succeed – creator, collector, and our team. Please do not hesitate to&nbsp;</span><a href="http://help.magiceden.io"><span style="background-color:transparent;"><u>share your thoughts</u></span></a><span style="background-color:transparent;"> and we look forward to growing with you.</span></p>

Today is day one for our latest experiment: a NFT marketplace loyalty program for our collectors. We created Magic Eden Rewards to celebrate and create value for our community. This program includes future rewards and fee discounts for our collectors.

Announcing: Magic Eden Rewards (Beta)!

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<p>We are thrilled to announce ETH Genesis: the launch of our ETH Marketplace beta. With this expansion, we continue our cross-chain vision to serve the OG NFT ecosystem. <strong>You can now mint, buy, and sell NFTs across four chains on our platform across ETH, Bitcoin, Solana, and Polygon.</strong></p><p><strong>We Will Be A Home For Creators On ETH</strong></p><p>We know there's already a lot happening on Ethereum. Why is Magic Eden entering the space?&nbsp;</p><p>The opportunity to enter ETH and support the most established and largest blockchain NFT ecosystem has been on our minds since we launched Magic Eden in 2021. Last August, we debuted our aggregator and Launchpad. Since then, we have helped launch 33 Ethereum collections who have raised over 12,000 ETH. We knew entering this market wouldn’t be easy, and our goal was to first learn more about the ETH ecosystem in order to plan a thoughtful marketplace entry.&nbsp;</p><p>We’re finally ready to launch a dedicated marketplace, although we expect to eventually bring back the aggregator on top of our marketplace. <strong>Our value proposition is supporting creators. It's time the pendulum swung back to towards creators in the midst of heavy trader incentives and a race to zero on marketplace fees. </strong>We have sold out over 300 projects across chains and are trusted for our strategic guidance, distribution through our own and partner channels, as well as the ways we go above and beyond for our partners.</p><p><strong>Tangibly, here are ways Magic Eden hopes to support creators:</strong></p><ul><li>Royalties on all native listings, including new &amp; existing collections&nbsp;</li><li>For a limited time, we will offer our 2% transaction fee to ETH Launchpad creator partners for 6 months</li><li>Agility to provide custom integrations and support for top collections looking for a new platform partner</li><li>Tools including BYOC (Bring Your Own Contract) that allow creators to use their own contract on our Launchpad. This means they can drive more distribution to their mint either solely on Launchpad, or have the mint run simultaneously on their and our platform.</li></ul><p>In-line with our entry to Polygon and Bitcoin, our approach has been to adopt the ethos of the blockchain’s stance on royalties while applying learnings from our royalties journey on Solana. On ETH, new collections that have launched with operator filter have royalties respected across major platforms. We will follow suit in respecting royalties on operator filter collections. For listings within our control (i.e. native on ME), we want to give all creators, the same treatment of respecting their royalties. Thus, we’ve decided that all creators launched pre and post-operation filter will have royalties respected on Magic Eden native listings.</p><p>&nbsp;</p><p><strong>Our ETH Roadmap</strong></p><p>Over the next few months, we will be focused on:</p><ul><li><strong>Improving our marketplace functionality:</strong> Today, our marketplace is in a MVP state. More to come.</li><li><strong>Aggregation: </strong>For all listings that are not native to Magic Eden (aggregated listings), we are not able to control royalties on these listings and will also not be taking fees, so royalties for aggregated listings will be subject to approach from the listing’s native platform. The 2% marketplace fee offer for ETH Launchpad creators would also not apply to non-native listings.</li><li><strong>NFT use cases beyond trading: </strong>Consider this some alpha 😉</li></ul><p>&nbsp;</p><p><strong>Thank you to 17 ETH Creator Partners</strong></p><p>To celebrate ETH Genesis, we are partnering with 17 ETH collections who will launch on Magic Eden throughout the month of April.</p><p><strong>Our partners include</strong>:</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/dd0b7763-a0cd-427b-561c-bc4f033ca800/public"></figure><p><a href="https://twitter.com/CryptoNinja_NFT" target="_blank" rel="noopener noreferrer"><strong>CryptoNinja Holiday -in WAFUKU-</strong></a>: A collaboration between CryptoNinja and WAFUKU, Japan's most famous project and largest NFT IP in Japan.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/0a8fb193-867b-4f85-5c78-f1f92fe24c00/auction"></figure><p><a href="https://twitter.com/hashflow" target="_blank" rel="noopener noreferrer"><strong>Hashflow</strong></a>: The Hashverse is the first-ever storyverse-driven, gamified governance platform. It aims to bring Web3 communities together to enjoy an immersive experience where users can complete quests and earn $HFT rewards while deciding the future of the protocol.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/a429889b-e3a4-4bbd-b360-ef1c48e3bc00/auction"></figure><p><a href="https://twitter.com/realmhunterio" target="_blank" rel="noopener noreferrer"><strong>Realm Hunter</strong></a>: Enter a captivating universe filled with magical creatures known as NBMons, just waiting to be discovered and bonded with. Don't miss out on this opportunity to experience a one-of-a-kind adventure - claim your Genesis Key to begin the hunt.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/edb4feae-1896-4b23-5bf1-554b38201400/auction"></figure><p><a href="https://twitter.com/thespaceclub_" target="_blank" rel="noopener noreferrer"><strong>The Space Club</strong></a>: A project designed to empower its holders by granting exclusive access to a powerful suite of cutting-edge analytical trading tools, DAPP and Metaverse gamification system.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/f73913fe-2e3c-4b8d-4369-114afb975b00/public"></figure><p><a href="https://twitter.com/KaijuKingz" target="_blank" rel="noopener noreferrer"><strong>KaijuKingz</strong></a>: A Web3 community centered around art, programming, gaming, and culture.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/6335d589-99ed-4bba-f3a9-5b54b3b79600/public"></figure><p><a href="https://twitter.com/McPepes_AI" target="_blank" rel="noopener noreferrer"><strong>McPepe's</strong></a>: McPepe's has a vision to revolutionize the world of memes as we know it. This begins by bringing every possible variation of the legendary Pepe meme to the masses.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/9bcd702b-3598-4fd0-cda5-b86589474b00/public"></figure><p><a href="https://twitter.com/subberxyz" target="_blank" rel="noopener noreferrer"><strong>Subber</strong></a>: Freakz are the collection of 10,000 hand-drawn PFPs of the Subber community.<br><img class="image_resized" style="width:75%;" src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/ae7445a3-a363-4ee6-d0ce-155e92f9c500/auction"></p><p><a href="https://twitter.com/DogeBlocky" target="_blank" rel="noopener noreferrer"><strong>Blocky Doge 3</strong></a>: A PFP collection from BillyM2k, founder of doge coin.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/bb7e5733-9ffa-4367-2412-e0b026a4af00/public"></figure><p><a href="https://twitter.com/buymagna" target="_blank" rel="noopener noreferrer"><strong>Magna</strong></a>: A 5,000-piece, free storytelling collection aimed at onboarding newbies into the web3 ecosystem.</p><p style="text-align:center;"><img class="image_resized" style="width:75%;" src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/6ba35f63-31eb-46c9-81e5-2d9251bc3b00/auction"></p><p><strong><img></strong><a href="https://twitter.com/ZTXofficial" target="_blank" rel="noopener noreferrer"><strong>ZTX</strong></a>: ZTX is a metaverse platform empowering creators and communities to build, play and earn. ZTX will be releasing its first NFT collection called the ZTX Genesis Home, consisting of 4,000 bespoke 3D-rendered District Home NFTs -- immersive, customizable and multilayered in-game assets.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/4bbfc945-37e6-4d47-2cd0-d4340a2c0200/auction"></figure><p><a href="https://twitter.com/playSHRAPNEL" target="_blank" rel="noopener noreferrer"><strong>Shrapnel</strong></a>: The first moddable extraction shooter built by a unique team of BAFTA &amp; Emmy Award-winning talent using UE5 and blockchain.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/584b1534-65a9-4f58-565c-03bd3e5bc100/public"></figure><p><a href="https://twitter.com/1998_lain" target="_blank" rel="noopener noreferrer"><strong>Serial Experiments Lain</strong></a>: To commemorate the 25th anniversary of Serial Experiments Lain, a popular anime classic, Anime Metaverse is releasing Open Edition Digital Collectibles.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/056b2851-eba1-4131-0bab-1be0a1f61d00/public"></figure><p><a href="https://twitter.com/shelbystardust" target="_blank" rel="noopener noreferrer"><strong>Code: Name Stardust</strong></a>: An Open Edition and Burn Quest created by artist Shelby Stardust, telling the story of her character in the Sunderlands universe.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/f6ebd6cd-66d7-40d7-a768-5c7674e57b00/auction"></figure><p><a href="https://twitter.com/FreckleTrivia" target="_blank" rel="noopener noreferrer"><strong>Freckle Trivia</strong></a><strong>:</strong> The first P2E web3 game show with daily interactive game shows where you play to earn raffle tickets redeemable for prizes on their website!</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/51f375b2-b24c-4e3b-7953-59c5a656b000/auction"></figure><p><a href="https://twitter.com/kriminalsNFT" target="_blank" rel="noopener noreferrer"><strong>Kush Kriminals®</strong></a><strong>:</strong> A story-based digital collectible project written by Marvel &amp; DC writer Sam Humphries that features high-res 3d art, &amp; offers it’s holders lifetime discounts at select Cookies® cannabis locations.</p><figure class="image image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/9466056a-14bc-4fdc-e149-69b64fd05700/public"></figure><p><a href="https://twitter.com/SparkadiaGG" target="_blank" rel="noopener noreferrer"><strong>Sparkball</strong></a>: Welcome to Sparkadia, a new ecosystem of games featuring whimsical characters, a lighthearted ‘cozy-cosmic’ world, and best of all, super fun gameplay experiences.</p><p><a href="https://twitter.com/AbyssWorldHQ" target="_blank" rel="noopener noreferrer"><strong>Abyss World</strong></a>: The Abyss World is an Open-world Action-RPG with a dark fantasy theme. Players will explore the vast Nordinian realm, uncovering the secrets of the "old tide".</p><p>&nbsp;</p><p>&nbsp;</p><p><strong>We Look Forward To Helping All Creators Explore Ordinals</strong></p><p>Last week, we added Bitcoin by welcoming ordinals to Magic Eden. We believe there is great synergy between the Bitcoin and ETH ecosystems. Since our Ordinals launch, we’ve received an overwhelming positive response, especially from folks in the ETH ecosystem. We believe the opportunity to provide a frictionless user experience from Bitcoin to ETH and cross-pollinate across our four supported blockchains is stronger than ever.</p><p>As of early April, Magic Eden will have a dedicated Launchpad and core secondary market on all four chains (Solana, Polygon, Bitcoin, and Ethereum). We know many Ethereum collections are also interested in other chain expansion including Polygon and Solana, and look forward to helping creators engage more audiences.</p><p>&nbsp;</p><p><strong>A Final Note</strong></p><p>Magic Eden was born in the bull market in late 2021 but learned how to fight and grow throughout the bear. Growing on Ethereum is going to be a long journey ahead, but we're eager to show the market why we're different. We remain hungry and look forward to showing you why Magic Eden is different and built to last.&nbsp;</p><p>Follow us on Twitter at <a href="http://twitter.com/meonethereum" target="_blank" rel="noopener noreferrer">MEonEthereum</a> for regular updates and news.</p>

Ethereum is now Magic Eden's fourth supported chain. We are proud to partner closely with 17 creators to launch their collections this month.

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Announcing: Magic Eden ETH Marketplace & Our 17 Launch Partners

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<p><span style="background-color:transparent;">Where were you fifteen years ago? Somewhere in the distance in 2008, a mysterious figure by the name of Satoshi Nakomoto changed the world by creating Bitcoin. Bitcoin, the grandfather of all blockchains, created the foundations of a public decentralized protocol that could facilitate transactions. Through a grand butterfly effect and series of events, his actions led to the monumental growth of blockchains overall and ultimately this led to the very possibility of Magic Eden.</span></p><p><span style="background-color:transparent;">With great respect to the origins of web3, we are thrilled to announce the launch of&nbsp;</span><a href="http://magiceden.io/ordinals"><span style="background-color:transparent;"><u>our latest supported chain on Magic Eden - Bitcoin</u></span></a><span style="background-color:transparent;">. As the most original, decentralized, and biggest blockchain in the world, Bitcoin represents an opportunity to build a unique marketplace where folks can trade true, immutable collectibles, something that was inconceivable until the release of Ordinal Theory.&nbsp;</span></p><p><span style="background-color:transparent;">Just as we have expanded into other chains, we now aim to bring our expertise in building marketplaces to the nascent, yet flourishing Ordinals ecosystem. By doing so, we're honoring the culture of Bitcoin by providing the first audited marketplace and our winning user experience to collectible lovers.</span><br>&nbsp;</p><p><span style="background-color:transparent;"><strong>Why Bitcoin?</strong></span></p><p><span style="background-color:transparent;">At Magic Eden, innovation is an integral part of the foundation we’re built upon. As a result, we paid close attention to the release of Ordinal Theory and the lightning pace of adoption that soon followed.&nbsp;</span></p><p><span style="background-color:transparent;">We are starting on this journey by creating a Bitcoin marketplace that showcases the purest form of collectibles, ones that are truly immutable and that will exist on satoshis forever. Our aim is to empower creators and collectors, providing them with the tools and infrastructure they need to succeed. Our marketplace was built within a month, culminating in a hackathon in California with over a dozen devs. We’ve loved every step of the journey.</span></p><p>&nbsp;</p><p><span style="background-color:transparent;"><strong>Our decision to support Bitcoin is driven by several key factors:</strong></span></p><p><span style="background-color:transparent;"><strong>Getting back to our roots and exploring emerging markets:&nbsp;</strong>As the original and most prominent blockchain, Bitcoin holds a unique place in the hearts of many. We are the first major marketplace on Bitcoin and are excited to be in another pre-product market fit environment where we can learn and iterate quickly and support an emerging market. It reminds us of our early days on Solana, of finding something really special and growing an ecosystem alongside creators and collectors.</span></p><p><span style="background-color:transparent;"><strong>Delivering the best marketplace experience on chain:&nbsp;</strong>Creating a marketplace on Bitcoin challenges the status quo and showcases our ability to overcome technical barriers. Now you can easily buy, sell, list, and bid on collectibles with our familiar and intuitive interface on our platform.&nbsp;</span></p><ul><li><span style="background-color:transparent;"><strong>Wallets partners:&nbsp;</strong>We’re excited to partner with Hiro and Xverse to bring a familiar wallet transaction experience onto the marketplace.</span></li><li><span style="background-color:transparent;"><strong>Wen Launchpad?</strong> While we’re launching with a secondary collectibles platform, we have already been met with enormous demand to provide a Launchpad to deliver inscription services directly to creators. We are thinking through the best approach to this and will share more to come.</span></li><li><span style="background-color:transparent;"><strong>Royalties?&nbsp;</strong>We spent a lot of time on how to handle royalties in this new ecosystem where there is very little tooling and no secure and trustless enforcement solutions. With no royalty standard today, we have decided to launch on Bitcoin without royalty support for now. We believe that this is most in-line with the ethos of the ecosystem, and despite this, we are actively looking into the development of an on-chain, permissionless royalty standard and are committed to working with creators and the greater community.&nbsp;</span></li></ul><p><span style="background-color:transparent;"><strong>Continuing our multichain journey:&nbsp;</strong>By this point, we are no stranger to chain expansion. We’ve built marketplaces on Solana, Polygon, and are re-planning a more concerted entry into Ethereum. We’re excited to apply our learnings to the Bitcoin ecosystem and create cross pollination across chains.</span></p><p><span style="background-color:transparent;"><strong>Supporting the Bitcoin culture:&nbsp;</strong>By building on Bitcoin, we contribute to the culture of trust, security, and decentralization that is synonymous with the blockchain. This move aligns with our mission to promote the benefits of collectibles and blockchain technology while remaining true to the principles that underpin the technology. To help push the ordinal ecosystem forward, we also plan to open source key pieces of our marketplace infrastructure in the near future. We want to do our part and share the discoveries we’ve made to help this space flourish.&nbsp;</span></p><p><span style="background-color:transparent;">Join us on this exciting journey, as we continue to break down barriers and redefine the NFT landscape. We invite you to&nbsp;</span><a href="http://twitter.com/meonbtc"><span style="background-color:transparent;"><u>follow our new Bitcoin handle on Twitter</u></span></a><span style="background-color:transparent;"> and email to stay up to date with our latest developments.&nbsp;</span><a href="http://magiceden.io/ordinals"><span style="background-color:transparent;"><u>See you on our Bitcoin marketplace.</u></span></a></p><p>&nbsp;</p>

We are thrilled to announce the launch of our Bitcoin marketplace, offering our familiar user experience and the first audited, secure marketplace for Ordinals

Welcoming Our Bitcoin Marketplace on Magic Eden

<p><i>This blog is a short introduction of our 11 first investees for Magic Eden Ventures!</i></p><p><span style="background-color:#ffffff;">Today, we're delighted to share that </span><a href="http://magiceden.io" target="_blank" rel="noopener noreferrer"><span style="background-color:#ffffff;">Magic Eden</span></a><span style="background-color:#ffffff;"> Ventures has invested in our first 11 games. Since Magic Eden Ventures launched in July 2022, our dedicated gaming team has been working closely with innovative game studios with long-term vision in web3 gaming. The eleven studios range from web3 native developers to studios from traditional gaming backgrounds.&nbsp;</span></p><p><span style="background-color:#ffffff;">By forming partnerships with game studios, Magic Eden helps games launch NFT projects, acquire and engage users for their games, and support gaming infrastructure via in-game marketplaces. Magic Eden’s full suite of creator products and services can enable games’ monetization and engagement across the web3 ecosystem.&nbsp;&nbsp;</span></p><p><span style="background-color:#ffffff;">We have helped create visibility for games through its </span><a href="http://magiceden.io/launchpad" target="_blank" rel="noopener noreferrer"><span style="background-color:#ffffff;">Launchpad</span></a><span style="background-color:#ffffff;"> product, which has championed success for over 60 games’ mint launches across Solana, Ethereum, and Polygon. With 1.5M daily user sessions and average user sessions of 15 minutes, Magic Eden offers unparalleled exposure to gaming partners. Given its on-platform engagement, Magic Eden has also begun working with games post-mint to pilot rewards tokens on its Rewards Hub that will allow game developers to engage with new and existing users. Beyond supporting games’ monetization and engagement, Magic Eden also supports games’ infrastructure. When games become playable, game developers can power their own in-game marketplaces using Magic Eden’s APIs, enabling users to transact on digital collectibles without leaving the ecosystem of the game.</span></p><p>&nbsp;</p><p><span style="background-color:#ffffff;">Enough about us…here are our first 11 Magic Eden Venture game partners!</span></p><p>&nbsp;</p><figure class="image"><img src="https://pbs.twimg.com/profile_banners/1461428296927760384/1667944284/1500x500" alt="Image"></figure><p><a href="https://www.blockstars.com/" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Blockstars</strong></span></a></p><p><span style="background-color:transparent;">Blockstars is a deeply immersive and highly engaging management simulation game with a music theme. Designed to be played over many years, players take on the role of a music industry manager, collect Blockstars (rockstars on the blockchain!) with a range of unique skills, combine them into bands, level up their abilities, write, record and release singles and albums and compete with other players in the music charts. Earn enough, and launch your own record label!&nbsp;</span></p><p><span style="background-color:transparent;">Twitter: </span><a href="https://twitter.com/blockstarsgame"><span style="background-color:transparent;">https://twitter.com/blockstarsgame</span></a><span style="background-color:transparent;">&nbsp;</span></p><p>&nbsp;</p><figure class="image"><img src="https://pbs.twimg.com/profile_banners/435077538/1660062849/1500x500" alt="Image"></figure><p><a href="https://www.br1game.com/ " target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Bravo Ready/BR1:INFINITE</strong></span></a></p><p><span style="background-color:transparent;">Bravo Ready is a two-game studio. In addition to producing games like BR1:INFINITE &amp; Mini Arena, BRAVO READY offers a range of products &amp; services on the infrastructure side of our businesses. Licensing our risk-based &amp; win-to-earn IP, White labeling our games, tools, and go to market strategy for other games. We invented the concept of&nbsp; 'Kill-to-Earn' and 'Pay-to-spawn' and are a first mover in the world of risk-based video games.&nbsp;</span></p><p><span style="background-color:transparent;">Our flagship AAA game, BR1:INFINITE, is the world's first risk-based shooter where gamers pay-to-spawn and kill-to-earn. For every player you kill, you earn the greater of 10% of a player's earnings or $1 - all paid &amp; measured in USD.&nbsp;</span></p><p><span style="background-color:transparent;">Twitter:&nbsp;</span><a href="https://twitter.com/BR1INFINITE"><span style="background-color:transparent;"><u>https://twitter.com/BR1INFINITE</u></span></a></p><p>&nbsp;</p><figure class="image image_resized" style="width:100%;"><img src="https://pbs.twimg.com/profile_banners/866724896553836544/1644269371/1080x360"></figure><p><a href="https://twitter.com/bunchverse" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Bunch</strong></span></a></p><p><span style="background-color:transparent;">Bunch is a lightweight digital world built around communication. Backed by game developers like Supercell, Ubisoft and Electronic Arts, Bunch aims to become the place where teens spend time together online. The company plans to introduce its mainstream audience to blockchain via collectibles, and enabling marketplace activity through integrations with partners like Magic Eden.</span></p><p><span style="background-color:transparent;">Twitter:&nbsp;</span><a href="https://twitter.com/bunchverse"><span style="background-color:transparent;"><u>https://twitter.com/bunchverse</u></span></a></p><p>&nbsp;</p><figure class="image image_resized" style="width:100%;"><img src="https://pbs.twimg.com/profile_banners/1489051583442604032/1665870205/1080x360"></figure><p><a href="https://www.epicleague.io/" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Epic League / Dark Throne</strong></span></a></p><p><span style="background-color:transparent;">Epic League is a GameFi service platform developed by a group of game enthusiasts with over 200 years of combined experience in the world's leading gaming companies. By developing a blockchain-based game environment and connecting players, we provide players with a breakthrough gaming experience. Epic League's first game series, DARK THRONE is live now via mobile (iOS, Android), PC, and WebG. It has shown 23% retention rate in D+30 and 4.5 star ratings in both Android and iOS app stores. Also, There will be two more games to be released in 2023, Twilight Fantasy and Space Monsters.</span></p><p><span style="background-color:transparent;">Twitter:&nbsp; </span><a href="https://twitter.com/epicleagueteam"><span style="background-color:transparent;"><u>https://twitter.com/epicleagueteam</u></span></a></p><p>&nbsp;</p><figure class="image"><img src="https://pbs.twimg.com/profile_banners/1465037966338895872/1655708461/1500x500" alt="Image"></figure><p><a href="https://guide.honey.land" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Honeyland</strong></span></a></p><p><span style="background-color:transparent;">AAA play and own casual-strategy game for Android/iOS.&nbsp;Honeyland is a mobile-first blockchain strategy game where players assume the role of a Beekeeper to manage their colony of Bees and Lands.&nbsp;Playable game has been in testing since November with their community.&nbsp;</span></p><p><span style="background-color:transparent;">Team has an expertise in mobile user-acquisition, having built tech platforms and campaigns that drove millions of users for King, Zynga, Gree, and many others and exclusive relationships with OEMS (e.g. Samsung partnership with more to come).</span></p><p><span style="background-color:transparent;">Twitter:&nbsp;</span><a href="https://twitter.com/HoneylandGameFi"><span style="background-color:transparent;"><u>https://twitter.com/HoneylandGameFi</u></span></a></p><p>&nbsp;</p><figure class="image"><img src="https://pbs.twimg.com/profile_banners/1451135387963957249/1660131943/1500x500" alt="Image"></figure><p><a href="https://home.panzerdogs.io/" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Lucky Kat / Panzerdogs</strong></span></a></p><p><span style="background-color:transparent;">Lucky Kat is an award winning game studio from the Netherlands that has amassed over 200 million downloads on the app store. Its vision is to onboard the next billion web2 users through gameplay-first experiences.&nbsp;</span></p><p><span style="background-color:transparent;">Its first released web3 game is called Panzerdogs: a play &amp; earn PVP tank brawler. The game has been recently soft launched in various countries on iOS and Android and already has seen over 50,000 users in a short period of time. At the same time, Lucky Kat is working on its second title, Cosmocadia, a collaborative community-based game where people build their dream island. It will soon release its initial genesis collection on Sui.</span></p><p><span style="background-color:transparent;">Twitter: </span><a href="https://twitter.com/panzerdogs" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">https://twitter.com/panzerdogs</span></a></p><p>&nbsp;</p><p><span style="background-color:transparent;"><strong>Moonveil Entertainment [STEALTH]</strong></span></p><p><span style="background-color:transparent;">Moonveil Entertainment is a new web 3 game studio that aspires to deliver the most player-devoted game by effectively leveraging web 3 features. Moonveil’s team is comprised of top-tier game producers with soild gaming industry background and experience including League of Legends, Team Fight Tactics, and Minecraft etc).&nbsp;</span></p><p>&nbsp;</p><figure class="image image_resized" style="width:86.85%;"><img src="https://pbs.twimg.com/profile_banners/1535158136453349376/1675659734/1500x500" alt="Image"></figure><p><a href="https://www.neowiz.com/neowiz" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Neowiz / Intella X</strong></span></a></p><p><a href="https://intellax.io/" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">Intella X</span></a><span style="background-color:transparent;"> is the next generation of Web3 gaming platform that is committed to establishing a new benchmark for game platform providers in Web3. With its proprietary platform services, unique service protocol that perpetually rewards both game developers and gamers, and exclusive protocol that redistributes shares of its revenue back to the stakeholders of the ecosystem, Intella X has set its journey on redefining blockchain gaming and the widespread adoption of Web3.</span></p><p><span style="background-color:transparent;">Twitter: </span><a href="https://twitter.com/TeamIntella" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">https://twitter.com/TeamIntella</span></a></p><p>&nbsp;</p><figure class="image image_resized" style="width:100%;"><img src="https://pbs.twimg.com/profile_banners/52453491/1673352997/1080x360"></figure><p><a href="https://matchday.com/" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Play Time / Matchday</strong></span></a></p><p><span style="background-color:transparent;">Collect. Play. Trade. Matchday builds games for football's 5B fans, featuring thousands of officially licensed footballers and tournaments like the FIFA World Cup. Build squads of your favorite footballers to compete in any Matchday game. And since Matchday is powered by the blockchain, you truly own your squad.</span></p><p><span style="background-color:transparent;">Twitter:&nbsp;</span><a href="https://twitter.com/matchday"><span style="background-color:transparent;"><u>https://twitter.com/matchday</u></span></a></p><p>&nbsp;</p><figure class="image image_resized" style="width:100%;"><img src="https://pbs.twimg.com/profile_banners/1472784527752044546/1643250015/1080x360"></figure><p><a href="http://www.stellafantasy.io" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Ring Games / Stella Fantasy</strong></span></a></p><p><span style="background-color:transparent;">Stella Fantasy is a high-quality character collectible Web3 ARPG to conquer the Abyss Rift, gather, craft, and fight in an Anime-inspired world.</span></p><p><span style="background-color:transparent;">You can build and trade kawaii Waifu characters and epic weapons.</span></p><p><span style="background-color:transparent;">Stella Fantasy will be globally launched in 2023 and please join now for our communities;</span></p><p><span style="background-color:transparent;">Twitter: </span><a href="https://twitter.com/rStellaFantasy " target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">https://twitter.com/rStellaFantasy&nbsp;</span></a></p><p>&nbsp;</p><figure class="image image_resized" style="width:100%;"><img src="https://pbs.twimg.com/profile_banners/1490819298473951238/1644412875/1500x500" alt="Image"></figure><p><a href="https://twitter.com/Strider_DAO" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>Strider</strong></span></a></p><p><span style="background-color:transparent;">Strider is a Collaborative Storytelling platform that brings creative communities and fans together to co-create, invest in and develop new worlds and entertainment products with the Community.&nbsp;</span></p><p><span style="background-color:transparent;">Founded by games industry veterans Andrew Green (a16z, TinyCo, EA), Michael Brozman (EA, Jam City, Kabam), Michael Cala (Rockstar Games, Square-Enix) and Nick Braccia (Westworld, Watchmen).</span></p><p><span style="background-color:transparent;">Twitter: </span><a href="https://twitter.com/Strider_DAO" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">https://twitter.com/Strider_DAO</span></a></p><p>&nbsp;</p><figure class="image image_resized" style="width:100%;"><img src="https://pbs.twimg.com/profile_banners/1429864879133847556/1668818194/1500x500" alt="Image"></figure><p><a href="https://playrooniverse.com" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;"><strong>XP Foundry / Rooniverse</strong></span></a></p><p><span style="background-color:transparent;">Rooniverse, a F2P Hyper-Royale Mobile Game developed by XP Foundry, is releasing its Alpha build mid-February. The Alpha includes two game modes, custom lobbies, player accounts with battle pass progression, a soft currency, and an exclusive cosmetics store. The soft launch will include community tournaments, weekly leaderboard races, and competitions with partners such as YGG SEA, Snack Club, and Degen Legends. In lieu with this, XP Foundry will open its next round of seed funding at the end of Q1.</span></p><p><span style="background-color:transparent;">Twitter: </span><a href="https://twitter.com/playrooniverse" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">https://twitter.com/playrooniverse</span></a>&nbsp;</p>

Magic Eden Ventures Invests in 11 Web3 Game Studios

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<p>Team,</p><p>I am writing to share a difficult and painful decision that we have made to part ways with 22 teammates at Magic Eden today as part of a company-wide restructuring. This letter will outline why we made this decision, how we are going to treat these individuals with care and respect, and how we intend to move forward.<br>&nbsp;</p><h2><strong>Why is Magic Eden restructuring?</strong></h2><p>Just fifteen months ago, we were searching for product-market fit on Solana. Since then, our business has grown significantly and the nature of our challenges has evolved. Our focus areas for 2023 include growing traction across chains, developing services for NFT creators, and exploring new use cases like rewards and social experiences. As we established these priorities for the year, we had to take a hard look at what structure and roles are needed. To be clear-eyed, addressing our strategic goals requires making changes to our team. In order to reach our goals, our team must encompass certain types of new skills and expertise without losing momentum.<br>&nbsp;</p><h2><strong>How are we taking care of the impacted individuals?</strong></h2><p>We are deeply grateful to each and every person impacted. Their unique contributions have helped make Magic Eden what it is today. They have supported us through challenges and dedicated their time and efforts to help Magic Eden get from 0 to 1. This decision takes nothing away from their talent, commitment, and hard work. We plan to honor these folks and their contributions with the utmost care and consideration. At the time of this writing, we have already informed each individual via dedicated calls.</p><p>To help these individuals land on their feet as smoothly as possible, we will offer two months’ severance, remove the 1-year vesting cliff and extend the exercise period to 1 year, provide healthcare for another 6 months and a year’s subscription to Headspace, and set up complimentary career coaching and job placement services. All employees will also be able to keep their laptops. We acknowledge that most people use their company laptops for personal reasons, too, and it is therefore important to have as they are looking for their next role.<br>&nbsp;</p><h2><strong>How do we move forward?</strong></h2><p>Today is a sad day for everyone at Magic Eden. I recognize the team will need time to process this change and may surface questions about what led us here and what's ahead. This week, we will focus our energy on helping the people who are transitioning from Magic Eden. Next week, we will reset and move forward.&nbsp;</p><p>To our broader team, the company remains strongly capitalized with a long runway even in today’s bear market. Many of our products are entering new stages of growth and we will make it our utmost priority to support these products with the strongest teams.</p><p>We will be sharing forums for discussion at an all hands meeting later today, team-specific meetings throughout the week, and Founder AMAs towards the end of this week. Days like this are extremely difficult, and I hope we can all be kind to ourselves and to one another.&nbsp;</p><p>&nbsp;</p><p>Speak soon,</p><p>Jack</p><p><br>&nbsp;</p>

Earlier today, I shared the following note with Magic Eden employees!

A message from Magic Eden CEO and Cofounder, Jack Lu

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<h2>Your guide to Creator Hub</h2><h3 style="margin-left:40px;">What is Creator Hub?</h3><p>Creator Hub is your go-to destination for creating and managing your NFT collection on Magic Eden! Creator Hub also enables you to access our self-serve creator products that connect you deeper to your collection, the ecosystem, and your holders!</p><p>We want to continue to empower creators by building out easy-to-use tools in our Creator Hub. Stay tuned for latest Creator updates via email, sign up with your email on our blog site&nbsp;<a href="https://blog.magiceden.io/">here</a>.</p><p>In the meantime, let’s take a look at how to get set up in Creator Hub.</p><p>&nbsp;</p><h2>How do I get started in Creator Hub?</h2><p>Depending on if you are a new or existing collection, there are different instructions on how to get started in Creator Hub.&nbsp;</p><h3 style="margin-left:40px;">If you are a new collection:</h3><p>New collections should start their journey pre-mint by signing up for Creator Hub at&nbsp;<a href="https://creators.magiceden.io/.">https://creators.magiceden.io/.</a>&nbsp;</p><p>You can find instructions to get your collection listed on Drop Calendar and ready for immediate secondary listing&nbsp;<a href="https://help.magiceden.io/en/articles/6006558-how-do-i-list-my-collection">here</a>.</p><h3 style="margin-left:40px;">If you are an existing collection:</h3><p>Creator Hub was launched in February 2021, this means many collections that were launched prior to its inception may not have not had access to Creator Hub previously.&nbsp;</p><p>However, the good news is existing collections previously not in Creator Hub can now verify &amp; set up their collection in Creator Hub.</p><p>To set up a particular listing in Creator Hub, follow these steps:</p><ol><li>Head over to&nbsp;<a href="https://creators.magiceden.io/">https://creators.magiceden.io/</a>&nbsp;</li><li>Login or Sign Up with your email address for your collection.&nbsp;</li><li>Send a DM to @magiceden on Twitter, and include the name of your collection and the email used in step 2. We will take it from there with you!</li></ol><h2>&nbsp;</h2><h2>What can I do in Creator Hub?</h2><h4>Creator Announcements:</h4><p>Publish your latest news directly on Magic Eden to get the best exposure you can to the NFT community. We’ve seen Creator Announcements increase collection page impressions by as high as&nbsp;48x during announcement periods!</p><p>Our Creator Announcements product is a great way to increase your projects discoverability and continue to keep the community engaged.&nbsp;</p><p>When you submit a creator announcement, the announcement will be submitted to our team, to then populate on your collection page upon approval. Certain announcements will also populate on the Magic Eden homepage, for maximum exposure!</p><p>Your community can also share your Creator Announcements on Twitter to make sure you extend your communications reach to Twitter as well.</p><p>Creators can self serve post Creator Announcements within Creator Hub, learn more about how to&nbsp;<a href="https://help.magiceden.io/en/articles/6975894-how-do-i-submit-a-creator-announcement">here</a>!</p><h4>Create a collection page:</h4><p>If you signed up for Creator Hub, the first &amp; foremost thing you may be looking to do is list your collection on Magic Eden’s secondary marketplace.</p><p>You can learn how to create a new collection&nbsp;<a href="https://help.magiceden.io/en/articles/6006558-how-do-i-list-my-collection">here</a>!</p><p>Once you submit your application, our team will review the information you sent against our<a href="https://help.magiceden.io/en/articles/5968627-what-content-is-allowed-to-be-listed-on-me"> Content Guidelines</a>, which could take up to 24 hours.</p><h4>Apply for a badge</h4><p>We take trust and safety very seriously. To help users, we now give the badge to collections listed on our marketplace. The badge signals a collection’s being authentic, significant and in good standing. It is, however, not a sign of endorsement nor a recommendation from Magic Eden.</p><p>Should your collection be eligible based off our criteria, you will have access to the badging portal in Creator Hub, which is a 1-click application process!</p><p>You can learn more about Magic Eden’s badges &amp; the criteria&nbsp;<a href="https://help.magiceden.io/en/articles/6530368-what-is-a-badged-collection-on-me">here</a>.</p><h4>Get Access to Magic Eden List :</h4><p><a href="https://blog.magiceden.io/magic-eden-list-landing-page?from=sidebar">Magic Eden List</a> is a free whitelist tool to collect wallets for your mint. We simplify the presale whitelist address collection for creators across SOL, ETH &amp; Polygon. Leave the manual and time-consuming work to us!&nbsp;</p><p>Simply create a whitelist and start collecting Discord, Twitter IDs and wallet addresses - all in under 30 seconds.</p><p>We now have a dedicated tool to allocate whitelists to your community. The steps you should follow to begin this whitelist creation can be found&nbsp;<a href="https://help.magiceden.io/en/articles/6420501-how-do-i-set-up-my-whitelist">here</a>!</p><h4>Update your collection:&nbsp;</h4><p>Once you are listed on Magic Eden, Creator Hub is where you can come to make self serve updates to your collection page.&nbsp;</p><p>Collection page info you can update:</p><ul><li>Social links</li><li>Collection description</li><li>Hash list</li><li>Collection name</li><li>Collection images</li><li>Mint date</li><li>&amp; more!</li></ul><h4>Get some eyes on your upcoming drop with Drop Calendar</h4><p>Once you create a new collection, you'll automatically see your project on<a href="https://magiceden.io/drops"> Drop Calendar</a>. Feel free to share your project's Drop Calendar page to your community so you can get<a href="https://help.magiceden.io/en/articles/6182958-how-do-i-vote-on-the-drop-calendar"> upvotes</a> and even earn a spot on the 'Top Upvoted Drops' carousel on our homepage.</p>

Creators! Are you set up in Creator Hub yet? Learn about the benefits & products you can access in Creator Hub, and how to get onboarded!

Magic Eden Creator Hub 101

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<p>We’re back with more updates that make your life easier!&nbsp;Features include: simplified sign-in, collection page stats, collector announcements, instant listings and trait count filtering. These updated features also come with faster page loading performance to boot!&nbsp;</p><h3 style="text-align:center;"><strong>Simplified sign in&nbsp;</strong></h3><p>We heard your feedback about multiple sign in prompts on our site. Now you just need to verify your wallet once to get access to ME’s full set of features like Rewards Hub and notifications.&nbsp;</p><p><br><img src="https://lh3.googleusercontent.com/MUFLcnBTX1TXD9pgYrJa9RHYOTHMjF_PMle8A8J4SHkuOKer87MBjGW_QMTIxGqlVBI9aPgHzV0D0JK9ajMS5xDsJWoTIq0gM_top3yj4HjgB5gAT4Jkd5I4zdrMMnMiwb4oeRnSNe2jsio8kTNHZxo"></p><p>&nbsp;</p><h3 style="text-align:center;">&nbsp;</h3><h3 style="text-align:center;">Instant sell &amp; collection offers UX</h3><p>Collection offers are now displayed more prominently on a collection’s page, allowing sellers to instantly sell NFTs more easily and buyers to get more exposure on their offers.&nbsp;</p><div class="raw-html-embed"><div style="padding:58.85% 0 0 0;position:relative;"><iframe src="https://player.vimeo.com/video/797793611?h=e1301b6246&amp;title=0&amp;byline=0&amp;portrait=0" style="position:absolute;top:0;left:0;width:100%;height:100%;" frameborder="0" allow="autoplay; fullscreen; picture-in-picture" allowfullscreen=""></iframe></div><script src="https://player.vimeo.com/api/player.js"></script></div><h3 style="text-align:center;">&nbsp;</h3><h3 style="text-align:center;">Attribute count filtering</h3><p>Collectors may prefer to search for NFTs with a specific amount of attributes. We’ve made it easy to filter by attribute count to easily find your grail NFTs.&nbsp;</p><p>&nbsp;</p><h3 style="text-align:center;"><img src="https://lh5.googleusercontent.com/reA-cFM-xrlSRXEK3xtuNk9nWPj1BZ7bSUNxgsItxtxzVj_7Q473S3HceC9lXxPYqz8v4GFroEMJJWLUJ1TCvRS9YftbiLD_XAfquZqwFvh0wKaX9VR7a90d1_5PuOn2jG1t1im8RglJRkDiRosb44M"></h3><h3 style="text-align:center;">&nbsp;</h3><h3 style="text-align:center;">Collection Page listing&nbsp;</h3><p style="text-align:center;">&nbsp;</p><p>Our users total experience comprise of small steps they take in the trading journey. Being able to list directly from a collection’s page makes that journey just a little bit simpler. Research the floor, compare other listings and list directly from the collection page when you’re ready!<br>&nbsp;</p><h3>All it takes is 3 easy steps! Check out this mini tutorial!</h3><p>&nbsp;</p><p>1.) Head to collection page of an NFT you hold… On that page you can compare other listings and DYOR.&nbsp;</p><p><img src="https://lh5.googleusercontent.com/oYAm-zEbhRdH-dt_QILpsjmTx3lbZcfMJ3Cjhu2obj2tbuCZBTBYDq68TgpIyWadegUBNhChC9c0n33LJBonUdTmdRLjrRJpuQARcSBpw-6LnGRlzxP8oXNhuuyRf7i674y2FKbRn2Ywv2_vEBxFNu8"></p><p>&nbsp;</p><p>2.) Make sure your wallet is connected!&nbsp;</p><p><img src="https://lh3.googleusercontent.com/aN8aXmLNEVba-UZj309ow_cAReiD5krZIxiYlnr11fLOpXqFEohgrksj2HMMG4aZ-ryKMAKdUdKfY_4khQQrUdsVO7lNKp1D-F5_dYtrkUkI-IuGcMwMppFJdSW_6gCImlkFB4bmCqvgXRnU7aLJBqk"></p><p>&nbsp;</p><p>3.) Click the cart icon and toggle to “sell”. Set your price and you’re all set to list now!</p><p><img src="https://lh6.googleusercontent.com/M9zfjaznUDrldOoTYjleXLvApLM_SoEvgMgasMyzASn3RBm3SW33G0KBFR4ais_dfdxXfuoOGBHBQWr454lELynfEVSmj7r_xSeDE-EqpVdtbH-mVwuE4y830lfk13J1j1Bejqs0yyqAQdHyQsvXMx0"></p><p>&nbsp;</p><p><br>&nbsp;</p>

We've made updates to instant sells, listing from collections pages, and attribute count filters to help you trade easier on ME.

Trade easier with our newest features!

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<p><span style="background-color:transparent;"><i>Main insights:</i></span></p><ul><li><span style="background-color:transparent;">Effective immediately, new collections can launch with our open-source Open Creator Protocol to protect royalties</span></li><li><span style="background-color:transparent;">The tool is entirely open source and built to serve creators. It is a free option for the community to try.</span></li><li><span style="background-color:transparent;">Magic Eden will protect royalties on all collections who adopt the protocol. The protocol allows creators to ban marketplaces that have not protected royalties on their collection</span></li><li><span style="background-color:transparent;">Additional open Creator Protocol features include freeze authority, dynamic royalties and customizable token transferability</span></li><li><span style="background-color:transparent;">Existing collections will have the option to burn and re-mint their existing collections on the Open Creator Protocol</span></li></ul><p>&nbsp;</p><p>&nbsp;</p><p><span style="background-color:transparent;">In mid-October, we made the decision to go to optional royalties on our marketplace. As a deeply creator centric platform that has launched over 400 projects with founders, we have been working hard on solutions. In the last month, we launched a royalty-protected collection with Brave and Adam Ape, courtesy of Cardinal’s royalty protection solution. We also aggregated Coral Cube’s AMM, which has delivered over 500 SOL back to creators in one week. We also are running a&nbsp;</span><a href="https://gitcoin.co/hackathon/magic/onboard"><span style="background-color:transparent;"><u>Creator Monetization Hackathon</u></span></a><span style="background-color:transparent;"> to support Solana developers creating solutions for royalty protection, alternative creator monetization, and tools built on our royalty API.</span><br>&nbsp;</p><p><span style="background-color:transparent;">Today, we’re excited to launch royalty protection on Magic Eden with Open Creator Protocol, which will protect royalties for new collections effective immediately. We understand the ecosystem has been waiting for a solution and are excited to share our feature-packed standard that prioritizes principles of flexibility and customization for the creator.</span><br>&nbsp;</p><p><span style="background-color:transparent;">We look forward to being the best platform partner whereby creators can launch their collections, grow their communities, and monetize over the lifecycle of their collections.</span></p><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>How to get started with Open Creator Protocol:</strong></span></h3><ul><li><span style="background-color:transparent;">All new creators need to do is to mint their collection into the Open Creator Protocol and&nbsp;</span><a href="https://github.com/magiceden-oss/open_creator_protocol"><span style="background-color:transparent;"><u>go here to get started</u></span></a><span style="background-color:transparent;"><strong>.</strong></span></li><li><span style="background-color:transparent;">If you are interested in applying to Launchpad and using Open Creator Protocol,&nbsp;</span><a href="https://airtable.com/shrMhMDpcvt9nB6cu"><span style="background-color:transparent;"><u>please fill out an inquiry form.</u></span></a><span style="background-color:transparent;"> Of course, collections do not need to launch on Launchpad in order to use Open Creator Protocol.</span></li></ul><p>&nbsp;</p><h3><span style="background-color:transparent;"><strong>Core Features of Open Creator Protocol:</strong></span><br>&nbsp;</h3><p><span style="background-color:transparent;"><strong><img src="https://lh6.googleusercontent.com/HSNkgOIQxOit51AxE_rNFflmEmoJK8n9QbWeB1F1SkKKyk95aFZKmAN-HVm8Lf2VE9AYBQjDpRR8fe_P10Kc3iEG9U2OiE8SfeG81u8IDqlnJkvyuTDlnf6CSBW1qbckFoNrO8w67QOVIsAc_3FfhXSXYC41pZ9zy1KFtQlAsOVYfqGj5jvoFjve9tbNS5VR">Protected royalties:</strong> We will protect royalties on all collections who adopt the standard. The protocol allows creators to ban marketplaces that have not protected royalties on their collection. For new collections that do not adopt the standard, royalties will remain optional on Magic Eden. We will also welcome the inclusion of other future royalty protection protocols that emerge and gain market adoption.&nbsp;</span></p><p><br><span style="background-color:transparent;"><img src="https://lh3.googleusercontent.com/ESelGT6zplsjxYnZ9pkkj0vK4_bvezedleiP5oxTCYyozLX2EwbqPPq4gdoomuuy2pVnxtGLd4CePUs5YDNZ_YuCln79CUxiHoPuAe9cR8JXhu0WVP5e7276PJoPoy7MlFC_pOH-dPrSYd03no9i15ecKF2AcPCC_HhWGsE-EEGeH04KaLxwmEei6xXsJIup"></span></p><p><span style="background-color:transparent;"><strong>Open source:&nbsp;</strong>This is a tool built on top of Solana’s SPL managed-token standard. Creators will be in control of creating and managing the rules of their collection.</span></p><p><br><span style="background-color:transparent;"><strong><img src="https://lh5.googleusercontent.com/XSXtvQCz2m2sTq_Un6zq2rJviOPJIE1DNjHgmgcd-I-U6vLhVNYuCQgVk3jxTsmGk034wofeJtBvQ_HytSRMzT-KihatweGPEImYGZ_9paqF9yUTRr8FuVA-JIQsv8GpPzpqIMY0V8XN4cg5zewV7VIjESMDHiuEhjbpxk0ibYB19wfdjxzSSYEt4BRO-msj"></strong></span></p><p><span style="background-color:transparent;"><strong>Dynamic royalties&nbsp;</strong>- Creators can specify a relationship between an NFT’s sale price and royalty amount via a linear price curve. For example, creators can reduce the nominal value of royalties for buyers who pay a higher price for the NFT.</span></p><p><br><span style="background-color:transparent;"><strong><img src="https://lh6.googleusercontent.com/wVjaDyNlGOrCPLEgeCibxTz1eMPTjaayZZjdl8xawHVKNoL5ogx1CPDgjU0XljIjC8mRgfST-fDXDTu--gF_TuWsJbPM-1log2zxF5yQMwmv18HB2z-1tnXBDwA9Hysu15eBmm_d3v6IYxGYkJehQhK6axAXll7lrGZZRx8lPpmZ-xOLzwVgcImHyvVDHgyW"></strong></span></p><p><span style="background-color:transparent;"><strong>Freeze trading until mint is done&nbsp;</strong>- Creators can use Open Creator Protocol to limit trading until after mint is complete (only time based)</span><br>&nbsp;</p><p><span style="background-color:transparent;"><strong><img src="https://lh5.googleusercontent.com/LELI0eYX4yNsvBcw_zbSA-bOmyYaZFSaP3Ouv0Q_c0CqGpA89cuKiE_I1oBXSkuum-lyCc4-qYTqLrOGoB4w6hFWCmgPlhNzlcv9tqc9p9V3iEamH2sHUs3x4n4S438AaDNtYtbqHg7XuQi6xASPRrcM6BNEAoWW8BjFbgtLy-klhr3ZsCiLlc64FVMT7kHI"></strong></span></p><p><span style="background-color:transparent;"><strong>Create rules for NFT transfers -&nbsp;</strong>Creators can gamify transferability for collections, including completely non-transferable tokens (or restrictions based on time, # of transfers, or metadata name)</span></p><p>&nbsp;</p><p><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/d87315e8-7555-480a-3030-02ace7aa9e00/auction"></p><p><span style="background-color:transparent;"><strong>Burn &amp; re-mint option for existing collections:&nbsp;</strong>If existing collections want to, they can burn their existing collections and re-mint on Open Creator Protocol to enjoy all the features shared above.</span></p><p>&nbsp;</p><figure class="image"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/9208af00-644a-4095-2287-29354e8bd000/auction"></figure><p><span style="background-color:transparent;"><strong>Enjoy bulk transfers directly on Magic Eden:&nbsp;</strong>Magic Eden is also unveiling bulk transfers on the platform so collectors can move their NFTs freely for collections using the Open Creator Protocol. These bulk transfers will be subject to the token transferability rules the creator sets.</span></p><p>&nbsp;</p><h3><strong>Looking forward</strong></h3><p><span style="background-color:transparent;">We created this Open Creator Protocol because we wanted to provide tools to creators as soon as possible. We look forward to a world where there are different standards and creators can choose what works best for them. We intend to support Metaplex’s MIP-1 when it goes live in Q1 2023. MIP-1 will offer a migration path towards royalty protection for existing collections. We also remain open-minded to adopting other standards that receive market adoption and look forward to community feedback.</span></p>

Magic Eden is proud to announce Open Creator Protocol, an open source and feature-packed standard built on Solana Token Standard that enables creators to protect royalties

Announcing: Royalty Protection for New Collections with Open Creator Protocol

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<p><span class="text-small"><i>We are adding Polygon as our third supported chain on Magic Eden. We’re excited to partner closely with industry-leading game developers building on blockchain technology, reach new NFT collectors brought by global brands entering NFTs, and continue unifying cross chain audiences.</i></span></p><p>&nbsp;</p><p><span style="background-color:transparent;">This week, we’re excited to announce the launch of Polygon on Magic Eden and continue our pursuit of a multi-chain future. Fourteen months ago, we started Magic Eden with the dream of building an NFT platform that won the hearts and minds of collectors and creators on Solana. We had a crazy year and remain proud of our ability to ship fast, adapt to ever-changing market conditions, and partner closely with creators through thick and thin.&nbsp;</span><br>&nbsp;</p><p><span style="background-color:transparent;">To us, what sets Magic Eden apart is how hungry and bold we are as a team. We dare to experiment and make moves others don’t. This hunger led us to going cross chain first with Ethereum in August with a Launchpad and aggregator, where we’ve launched over 20 projects and raised 5,000+ ETH for creators. Today, we’re adding our third chain. Our entry into Polygon will include a Launchpad and marketplace, both of which will go live next month. Someone said builders build in the bear. If that’s the case, count us in.</span></p><p>&nbsp;</p><p>&nbsp;</p><h3><span class="text-big" style="background-color:transparent;"><strong>Why Polygon?</strong></span></h3><p><span style="background-color:transparent;">We believe that different chains each have their own audiences, theses, and goals around NFTs. We met the Polygon team several months ago and immediately hit it off with them–their team was just as passionate as us and treated us like partners from the get-go.&nbsp;<strong>Our entry into Polygon is motivated by reasons including:&nbsp;</strong></span></p><p><br>&nbsp;</p><p><span style="background-color:transparent;"><strong>We will partner with Polygon to onboard more global brands and new users onto NFTs&nbsp;</strong></span></p><p><span style="background-color:transparent;">This is a team that put their money where their mouth was. Polygon has brought Web2 consumer IP’s into the world of NFTs.&nbsp; These partnerships are key to bringing Web3 to the masses, which aligns with our broader mission to spread the magic of NFTs.</span></p><p><br>&nbsp;</p><p><span style="background-color:transparent;"><strong>We will continue bring web3 games to the masses with Polygon</strong>&nbsp;</span><br><span style="background-color:transparent;">Polygon is already home to some of the biggest Web3 gaming projects, including Sandbox, Atari, Skyweaver, Midnight Society, Metalcore, Wildcard, and Zed Run. We expect many high quality Polygon games to come online in the next year and are excited to work with Polygon to bring those to market in a way that no marketplace has before. We’re still in the beginning stages of mass adoption for blockchain games with </span><a href="http://magiceden.io/games" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">Magic Eden Games</span></a><span style="background-color:transparent;"> and we’re excited to partner with Polygon to bring an exciting new wave of web3 games to market.&nbsp;</span></p><p>&nbsp;</p><p><span style="background-color:transparent;">Magic Eden supports game developers via the following ways:</span></p><ul><li><strong>Reach: </strong>We help games reach high value audiences (4M users on Magic Eden last month)</li><li><strong>Go-to-Market: </strong>We've launched 100+ gaming / metaverse projects through our Launchpad and marketplace, and offer game devs a strong GTM playbook</li><li><strong>Funding: </strong>We invest in early stage games via Magic Eden Ventures</li><li><strong>Monetization: </strong>Magic Eden offers games the most active and liquid marketplace dedicated to games</li><li><strong>Infrastructure:</strong> We provide games core marketplace infrastructure so they can focus on what they do best–building amazing games. We are provide in-game marketplaces connected to Magic Eden liquidity for our gaming partners</li></ul><p>&nbsp;</p><p><span style="background-color:transparent;"><strong>We will continue to build our cross chain vision</strong></span><br><span style="background-color:transparent;">We believe Magic Eden will be the default destination for creators and collectors on web3. In the long run, people will flock to Magic Eden not because of a specific chain, but simply because they love NFTs. Our conviction remains that one day, sooner than we think, NFT traders will be chain agnostic.&nbsp;</span><br>&nbsp;</p><p><span style="background-color:transparent;">By expanding to our third chain, we hope to bring the universes of Solana, Ethereum, and Polygon closer. Creators across chains on Ethereum, Solana, or Polygon can benefit from the same go-to-market expertise that put us on the map with over 400 projects launched to date. They also will no longer have to restrict themselves to the audience of one chain when they launch with Magic Eden. Conversely, collectors on our platform will have the most optionality of NFTs to choose from and trade.</span></p><p><br>&nbsp;</p><h3><span class="text-big" style="background-color:transparent;"><strong>So, what’s the plan?</strong></span></h3><p><span style="background-color:transparent;">By the end of this year, we will begin with a Polygon Launchpad and royalty-respecting marketplace. Our launch partners will include:</span>&nbsp;</p><ul><li><a href="https://www.boraportal.com/" target="_blank" rel="noopener noreferrer">BORA backed by Kakao Games</a> - is a developer of popular casual and blockchain games such as Birdieshot and Archeworld. Based in South Korea, the publisher also has its own native token BORA.&nbsp;<br>&nbsp;</li><li><a href="https://intellax.io/" target="_blank" rel="noopener noreferrer">Intella X</a> - is the web3 gaming platform of multi-platform video game development and online publishing giant Neowiz. Neowiz has published popular games like Brave Nine and Cats &amp; Soup.&nbsp;<br>&nbsp;</li><li><a href="https://nwayplay.com/" target="_blank" rel="noopener noreferrer">nWay</a> - is a decentralized marketplace for collectors and gamers to buy, sell, and earn various NFTs with officially licensed IPs, such as the Olympic Games.&nbsp;<br>&nbsp;</li><li><a href="https://www.shatterpoint.game/" target="_blank" rel="noopener noreferrer">Shatterpoint by Block Games</a> - is a free-to-play RPG game created by Block Games, a mobile games studio partnered with Estoty – a European games developer studio with titles that have been downloaded over 1.5 billion times and enjoyed by 250 million active monthly players.&nbsp;<br>&nbsp;</li><li><a href="https://www.boomland.io/" target="_blank" rel="noopener noreferrer">Boomland</a>&nbsp;-BoomLand is a game developer and publisher focused on developing and publishing high-quality games while lowering the Web3 barrier to entry for players and developers by providing tools and onboarding protocols that are missing in the expanding GameFi space.&nbsp;<br>&nbsp;</li><li><a href="https://www.planetmojo.io/" target="_blank" rel="noopener noreferrer">Planet Mojo</a> -&nbsp;Planet Mojo is a magical and imaginative Web3 gaming metaverse platform being built by a team of industry veterans from LucasArts, EA, Activision, ILM and other publishers.&nbsp;<br>&nbsp;</li><li><a href="https://www.playtaunt.io/" target="_blank" rel="noopener noreferrer">Taunt Battleworld</a> - is an engage-to-earn NFT fighting game simulator developed by industry leaders from Amazon, EA, and Unity.&nbsp;</li></ul><p><br>&nbsp;</p><h3><span class="text-big" style="background-color:transparent;"><strong>Going multichain is good for all of us</strong></span></h3><p><span style="background-color:transparent;">Being part of web3 so early means that we need to be open to all the possibilities that innovation brings. Our goal is to grow the overall market for NFTs. We can grow the pie by bringing in new users, and testing real use cases for NFTs that have longevity, such as games. Going to Polygon creates more inspiration and cross-exposure opportunities for everyone.&nbsp;</span></p><p><br>&nbsp;</p><p><span style="background-color:transparent;">Join the journey with us–there’s enough room for everyone.</span></p><p><br>&nbsp;</p><p><span style="background-color:transparent;">Follow us on&nbsp;</span><a href="http://twitter.com/magiceden"><span style="background-color:transparent;"><u>Twitter</u></span></a><span style="background-color:transparent;"> and </span><a href="https://cdn.forms-content.sg-form.com/013b5b0a-cc40-11ec-ba89-fe0638626297" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;">email</span></a><span style="background-color:transparent;"> to keep in touch!</span><br>&nbsp;</p>

We are adding Polygon as our third supported chain on Magic Eden.  

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Continuing our multi-chain vision with Polygon

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<p style="margin-left:0px;"><i><strong>Collection Offers</strong></i> enable buyers to easily place offers globally--on an entire NFT collection. This feature is useful when you want to buy into a project at a specified price but also are <i>not</i> particular about exactly which item you're buying. Collection Offers save time for buyers by reducing the need to constantly make item-level offers on NFTs listed close to the floor price. It also creates the opportunity for any potential sellers to instantly liquidate their holdings.</p><p style="margin-left:0px;">&nbsp;</p><h2 style="margin-left:0px;"><strong>How Collection Offers Work</strong></h2><p style="margin-left:0px;">In order to place a collection offer, Magic Eden recommends creating a separate wallet specifically dedicated for this purpose. The new wallet will need to be funded by the <strong>total</strong> <strong>intended offer amount</strong>.</p><p style="margin-left:0px;">&nbsp;</p><p style="margin-left:0px;">You can find the Collection Offer widget on the right hand side of the Items tab, under the Buy button.</p><p style="margin-left:0px;">&nbsp;</p><p><a href="https://downloads.intercomcdn.com/i/o/614022614/18292357333321cf4a1bfbd8/image.png"><u><img src="https://downloads.intercomcdn.com/i/o/614022614/18292357333321cf4a1bfbd8/image.png"></u></a></p><figure class="table" style="width:640px;"><table style="border:1px solid rgba(0, 0, 0, 0.2);"><tbody><tr><td style="border-bottom:0px solid rgba(0, 0, 0, 0.1);border-left:0px solid rgba(0, 0, 0, 0.1);border-right:0px solid rgba(0, 0, 0, 0.1);border-top-style:none;padding:8px;"><p style="margin-left:0px;"><i><strong>Tip</strong>: Your <strong>selected royalty setting</strong> (full, half or none) will apply to the collection offer/s that you will make. For example, for a collection that has 5% royalty, if you select 'full royalty' and make an offer for 10 SOL, your total offer amount will be 10.5 SOL (10 + 0.05 * 10 = 10.5).</i></p></td></tr></tbody></table></figure><h1 style="margin-left:0px;"><strong>Instant Selling</strong></h1><p style="margin-left:0px;">The introduction of Collection Offers means all holders (potential sellers!) will have the option of <strong>instantly selling</strong> their NFT.</p><p style="margin-left:0px;">&nbsp;</p><p style="margin-left:0px;">All collections with a Collection Offer will show the highest “ Instant Sell” button at the top of the project’s collection page, and interested sellers will see their NFTs preselected based on the number of items they want to sell.</p><p><a href="https://downloads.intercomcdn.com/i/o/614040176/e25ca1a9a4faff32658cb882/image.png"><u><img src="https://downloads.intercomcdn.com/i/o/614040176/e25ca1a9a4faff32658cb882/image.png"></u></a></p><figure class="table" style="width:640px;"><table style="border:1px solid rgba(0, 0, 0, 0.2);"><tbody><tr><td style="border-bottom:0px solid rgba(0, 0, 0, 0.1);border-left:0px solid rgba(0, 0, 0, 0.1);border-right:0px solid rgba(0, 0, 0, 0.1);border-top-style:none;padding:8px;"><p style="margin-left:0px;"><i><strong>Tip</strong>: Please be extremely careful to avoid mistakenly selling rarer NFTs when filling collection offers.</i></p></td></tr></tbody></table></figure><p style="margin-left:0px;">&nbsp;</p><h1 style="margin-left:0px;"><strong>What's next?</strong></h1><h2 style="margin-left:0px;"><strong>Multiple offers with options</strong></h2><p style="margin-left:0px;">Soon you will also have the ability to:</p><p style="margin-left:0px;">Choose the <strong>total quantity</strong> of collection offers you want to make</p><p style="margin-left:0px;">Customize the <strong>duration</strong> of your offer/s</p><p style="margin-left:0px;">When making multiple offers, choose whether to have <strong>fixed or dynamically priced</strong> offers</p><p style="margin-left:0px;">&nbsp;</p><h2 style="margin-left:0px;"><strong>Other features</strong></h2><p style="margin-left:0px;">Magic Eden is working on Collection Offers based on <strong>traits</strong>. We also plan on organizing all Collection Offers into a <strong>chart</strong> so both buyers and sellers can experience optimized visualization. Preselected sales to instant bids will be selected according to rarity. We also plan on tweaking and adjusting features based on community feedback.</p>

You can now make a global offer on any NFT Collection and get instant liquidity for your holdings.

Introducing: Collection Offers and Instant Sell

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<h2>Key Insights:&nbsp;</h2><ul><li>The zero royalty trend had taken off exponentially before we made the decision to switch to optional royalties.</li><li>The sooner we accept this trend, the sooner we can catalyze innovative new royalty solutions.</li><li>It’s pertinent to us that your voices are heard as we navigate the ever-evolving NFT space together.</li></ul><hr><p>Our optional royalty decision has spurred a lot of questions. Uncertainty. Confusion. Frustration. It’s never easy adapting to changes in a space that moves lightning fast.&nbsp;</p><p>Magic Eden is a rapid innovator. But the truth is we can only innovate as fast as the NFT space can adapt. Sometimes this means making hard decisions. Decisions that don’t feel good at first. But have the potential to catalyze much needed-solutions that are best for the long run.</p><p>In this recap of an AMA, ChartFu from Magic Eden chats with&nbsp;<a href="https://twitter.com/EasyEatsBodega">EasyEatsBodega</a> to cover key questions and share views from the wider Solana community. Listen to the&nbsp;<a href="https://twitter.com/i/spaces/1ynKOabPlOvJR?s=20">full AMA here</a>.&nbsp;</p><h3>EasyEats: How did the royalty decision happen? Give us the backstory. [7:56]&nbsp;</h3><p><strong>ChartFu:</strong> To start, this was not something Magic Eden intended to do. When we first saw marketplaces offer 0% royalties, the effect was very small. We knew it sucked but we were confident that we’d find a way to combat 0% royalties.&nbsp;</p><p>But then more and more marketplaces began introducing zero royalties. The trading stats went ballistic. As we watched the data, the number of wallets trading without royalties grew exponentially. Soon there were 60,000 to 70,000 wallets. It all happened super fast.</p><p>At that point,&nbsp;we knew that the zero royalty trend was not stoppable — at least not in a short period of time.&nbsp;&nbsp;</p><h3>EasyEats: I’m also a huge metrics guy, so I was also watching those stats in real-time. With Yawww, there was little effect. But it gained traction with AMMs. Then Solanart was able to get a zero royalty audience on a smaller scale as opposed to Yaww. [10:13]&nbsp;</h3><p><strong>C: </strong>It was really hard to accept that royalties were not enforceable. But once you accept it, you can move on to new options. Solana NFTs have only been around for a year.&nbsp; This is time to figure out new solutions, such as:</p><ul><li>Royalty enforcing solutions</li><li>Ways to incentivize people to pay royalties</li><li>Automated market models</li></ul><p>And in general, figuring out a new and better way of doing things.</p><h3>EasyEats: What really led to the change in opinion on royalties? [12:33]&nbsp;</h3><p><strong>C:</strong> When the trend took over, it was clear that it’d lead to the end of our business if we didn’t adapt. We&nbsp;are a business and have over 100 employees to take care of.&nbsp;</p><p>The sooner we realized this, the sooner we could explore next steps to help creators. Before we made it official, we also wanted to be sure we had some sort of solution and that’s why&nbsp;we set up a $1,000,000 (research &amp; development) fund to help creators with royalties.&nbsp;</p><h3>EasyEats: What led to that fund and how did you select the judges? I noticed a few traders on the panel. [14:00]&nbsp;</h3><p><strong>C:</strong> We wanted something fast that also has maximal impact. So we needed judges to be Solana devs that also had experience running hackathons because Magic Eden didn’t have that experience. Plus, these judges can spread word to maximize participation. Altogether, this will help the ecosystem find solutions faster.</p><h3><a href="https://twitter.com/runn1ngm8n">Runn1ngm8n</a>: I applaud Magic Eden for making the change so they squeeze out the zero royalty markets. Otherwise Magic Eden would’ve went to zero market share… [15:47]&nbsp;</h3><p>That said, the high royalties (e.g. 10-12%) is why zero royalties were appealing. Those levels are way too high for traders. If Magic Eden capped royalties at a lower percent, I don’t think zero royalty marketplaces would’ve gained traction.&nbsp;</p><p><strong>C:&nbsp;</strong>Thank you. Yes, this trend was larger than just Solana. We saw it with Sudoswap and even the Blur marketplace on Ethereum.</p><h3>EasyEats: Was there anything going on behind the scenes at Magic Eden to prepare for this trend? [18:52]&nbsp;</h3><p><strong>C:</strong>&nbsp;To be honest, we were too naive and spent too much time trying to prevent the zero royalty trend before exploring other options.&nbsp;</p><p>In the background, we were building Metashield — an option for creators to use. This option is still available today.</p><p>The dilemma is that&nbsp;if you want to enforce royalties, you have to give up full ownership. Some projects will use Metashield. Some will use AMMs. <strong>Our goal is to give as many options to creators as we can.</strong></p><h3><a href="https://twitter.com/IMSO_Game">Sølana Chris</a>: I saw Magic Eden mention Boots and Raindrop protocol right after the optional royalty announcement. Do you think this is a feasible solution until a royalty solution is found?&nbsp;[22:31]&nbsp;</h3><p><strong>C:</strong>&nbsp;For sure, it could help both short and long term. I’m honestly impressed with Raindrops and how well it works.</p><h3><a href="https://twitter.com/JohnnyJPEGs">JonnyJpegs</a>:&nbsp;Magic Eden has enough resources to build for years and these trends come and go. So wouldn’t it make more sense to do the hackathon and build solutions before switching to optional royalties? [24:26]&nbsp;</h3><p><strong>C:</strong> The data shows that this trend is not going away anytime soon.&nbsp;The sooner we accept it, the sooner we will find new solutions. No one knows how long this phase will last, so trying to predict is just speculation. It could be two months or two years. We don’t know yet. In the end, it’s better to do it sooner so we can find solutions sooner.</p><h3><a href="https://twitter.com/deephhcrypto">DeDeep</a>: Do you believe that Magic Eden could be participating more in the community? [30:36]&nbsp;</h3><p><strong>C: </strong>We do keep in touch with the community and actively listen, even if we don’t always respond. The main mistake we could probably improve was waiting it out too long and the last minute communication.</p><h3><a href="https://twitter.com/mannyv_sol">Manny</a>: What’s Magic Eden’s new monetization model? Where do NFTs go next? [34:07]&nbsp;</h3><p><strong>C:</strong>&nbsp;It all depends on a project-by-project basis.&nbsp;There is no one-size-fits-all solution. The important thing is figuring out enough options to support all the different types of projects.</p><p>For Magic Eden, we are also exploring new monetization mechanisms. We’re in the same boat as creators.</p><h3><a href="https://twitter.com/LibertySquareHQ">LibertySquare</a>:&nbsp;Metaplex alluded to providing a solution to all marketplaces when Yaww first did optional royalties. Could you shed some light on this and your relationship with Metaplex? [48:58]&nbsp;</h3><p><strong>C:</strong> I wasn’t there for the conversation. But it wasn’t something immediately feasible at the time. When they approached us, we were heavily focused on keeping royalties alive and fighting for creators.</p><h3><a href="https://twitter.com/LH_exe">Hex</a>: The data that this decision was based mostly comes from traders. But ME has a great, convenient user experience. Doesn’t optional royalties add more friction and hurt your platform in the long run? Or cause people to go to other chains?&nbsp;[52:01]&nbsp;</h3><p><strong>C: </strong>The zero royalty trend is happening on many chains. On Solana, it happened faster because it has a smaller market.&nbsp;</p><p>Regarding friction, the default is to pay full royalties so there’s actually more friction to&nbsp;disable royalties. Overall, the user experience hasn’t changed much.<br>&nbsp;</p><h3><a href="https://twitter.com/frankdegods">Frank</a>: Majority of people on Solana were unaware that Royalties were not enforceable…</h3><p>I believe royalties will help NFTs go mainstream but the problem is the lack of enforceability. Everything happening right now will only accelerate royalty solutions, bringing them back stronger than before.</p><p>The difference between Solana and ETH is that it’s a lot simpler to blacklist zero royalty marketplaces on ETH. Solana is set up via token standards like Metaplex — a standard built by a small team in only a few weeks. There’s always issues with V1 of anything.</p><p>People need to be less bearish and more optimistic because blockchains are about social consensus and if people want something, it can happen.&nbsp;[1:03:33]</p><h3><a href="https://twitter.com/NftHellboy">Hellboy</a>:&nbsp;I agree, royalties will come back…&nbsp;</h3><p>We can point fingers, but the vulnerability is in Solana and the current token standards. My main advice for ME is to strengthen your Public Relations. Even if that means breaking things down and centralizing info, so everyone’s on the same page. As the top marketplaces, you don’t need to cater to all the flak you get. [1:09:17]&nbsp;</p><p><strong>C:</strong>&nbsp;Thank you, and yeah, it’s definitely something we can work on today. With Metashield, we didn’t introduce the problem properly and only offered the solution, which came across as too controlling.</p><h3><a href="https://twitter.com/MetaSaiyansNFT">AlphaSai</a>: What will happen to NFTs when a new token standard is developed? Will there be a hybrid standard?&nbsp;[1:13:32]&nbsp;</h3><p><strong>C:</strong> As a marketplace, we can just implement a new standard. If an old project transitions to a new standard, the&nbsp;users will likely need to accept the transfer to a new standard.</p><h3><a href="https://twitter.com/runn1ngm8n">Runn1ngm8n</a>: Royalties do need to be cut and enforced on the smart contract level. Magic Eden would also make more money by lowering the royalty percent. From the Metaplex spaces, they seemed to be losing patience with marketplaces…</h3><p>We need this resolved and ME&nbsp;can flourish on a lower royalty model.&nbsp;We have solidarity across the blockchain and can grow from this to become the biggest blockchain in the world. It just needs communication and people working together to see the bigger picture. [1:24:41]&nbsp;</p><h3><a href="https://twitter.com/LibertySquareHQ">LibertySquare</a>: Sentiment can often be overlooked when viewing data. If you compare data between now and a few weeks ago, can you see an increase in Magic Eden’s market share? [1:27:57]&nbsp;</h3><p><strong>C:</strong> There’s been a small increase in market share. But no major solution yet. One week’s a pretty short timeframe.</p><h3><br><a href="https://twitter.com/frankdegods">Frank</a>: I think the key is a deep understanding and clear communication of the trade-offs. If people get angry at everything, we’ll go in a downward spiral…</h3><p>It’s hilarious how Metashield got FUD but now people are praising solutions that mirror what Metashield does. When you see the negativity, remember that these people have consistently been wrong. A better discourse is needed than the angry mobs. [1:30:47]&nbsp;</p><h3>EasyEats:&nbsp;The angier someone is, the louder they are. It doesn’t reflect the majority of the space. I also saw something about royalty enforcement launching on Solport. Would Magic Eden be open to solutions like that on other launchpads? [1:32:44]&nbsp;</h3><p><strong>C</strong>:&nbsp;Yes, provided that it’s something open-source, available for everyone, and better than other solutions out there.</p><h3><a href="https://twitter.com/solanaberries">Berry</a>:&nbsp;Between the time of the Metashield announcement and optional royalties, was anyone told that ME was making the zero royalty announcement? I remember the intern replying that the announcement wasn’t zero royalties.&nbsp;[1:35:40]&nbsp;</h3><p><strong>C:</strong>&nbsp;Yes, we talked to everyone possible. We couldn’t reach everyone in time, but we called creators, and covered around 50 projects in total before the announcement.</p><h3><a href="https://twitter.com/runn1ngm8n">Runn1ngm8n</a>: What Magic Eden did was revolutionary for their marketplace…</h3><p>I love using it and despite the grill, we want to see Magic Eden succeed. We want to communicate better and work together for the future of our ecosystem. [1:37:15]&nbsp;</p><hr><p><i>In case you missed it, you can listen to our first&nbsp;</i><a href="https://twitter.com/MagicEden/status/1581110576620544001"><i>Town Hall on Optional Royalties here</i></a><i>.&nbsp;</i></p>

We sat down with EasyEatsBodega in an AMA to answer your questions regarding the optional royalties. Read the recap here.

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Magic Eden’s AMA on Royalties with @EasyEatsBodega

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<h2>Key insights</h2><ul><li><strong>Market Update:</strong>&nbsp;We return to a solid weekly SOL volume of 100,000, signaling that the primary market is recovering and that collectors have their eyes peeled.&nbsp;</li><li><strong>Featured Launches:&nbsp;</strong><a href="https://magiceden.io/marketplace/wade">WADE Family &amp; Friends</a>,&nbsp;<a href="https://magiceden.io/marketplace/tay_keith">Anybodies: Tay Keith</a>, and&nbsp;<a href="https://magiceden.io/collections/eth/0xc4973de5ee925b8219f1e74559fb217a8e355ecf">Azra Games: The Hopeful</a> were all sell-out launches and shows that NFTs are a force of culture.&nbsp;</li><li><strong>Latest Tech &amp; Tools:&nbsp;</strong>Introducing our open-source Ethereum minting contract and our Pro Trade suite that collectors love. Be on the lookout for anti-botting tech coming soon 👀.&nbsp;</li></ul><hr><h1>Minting Market Update</h1><p>September marked a turning point in the bear market. We return to a weekly primary SOL volume of &gt;100,000, a ~5x boost from previous months. This signals that the primary market is gaining momentum and restoring its health from the burnout of the bear. Collectors are cautious in what they choose to mint, but the sell-outs below will show that demand is back.&nbsp;</p><p style="text-align:center;"><strong>Magic Eden launched 17 collections in September.&nbsp;</strong></p><p style="text-align:center;"><strong>Out of these 17 collections, 15 sold out original supply.&nbsp;</strong></p><p><strong>Key Takeaway: </strong>The improvements we’ve made to our Launchpad standards by raising the quality bar is working. We continue to tighten up our filtering mechanisms as we strive to give our users the best minting experiences. For more information on how we vet collections,&nbsp;<a href="https://trustandsafety.magiceden.io/what-are-magic-eden-s-launchpad-vetting-criteria">read here</a>.&nbsp;</p><h1>&nbsp;</h1><h1>Featured Launches</h1><h2>WADE Family &amp; Friends</h2><figure class="image image-style-align-center"><a href="http://magiceden.io" target="_blank" rel="noopener noreferrer"><img src="https://lh5.googleusercontent.com/7McNSyMlev5Mzn5fv6lA_dbM28cHffEvhdIGZlc2P__DQ2KDKky1P4Xr2TeV9tg1ELxIFOMGzK8uHHWRh8VZlFuSqldkaf6I3rQrsTOf2a0TwVeeupzy53EgERhh2V0TkxN1kKLRknwN4pQV0aGxU7h-OKRYRq5N89XziwOhEHlZ2ywxzDT5x6QQAg"></a></figure><p>The creators of LINE Friends (the super cute characters that took the world by storm), now known as IPX, have partnered with CRIPCO, the world’s first industry-led DAO. Together, they’re on a mission&nbsp;to <strong>revolutionize IP 3.0</strong>.&nbsp;</p><p><strong>The Drop:&nbsp;</strong>The&nbsp;<a href="https://magiceden.io/marketplace/wade">WADE Pass</a> is an all-access pass to all future drops. This includes the<a href="https://magiceden.io/launchpad/ooz"> hyped OOZ drop</a> and all future fashion drops they have in the works. All WADE Pass holders will receive the WADE PFP airdropped to them. Their vision of “IP 3.0” is to unite brands, artists, stakeholders, influencers, and others in the governance of IP, meaning that the community (i.e. holders) partake in the brand’s successes. Mind you, this is a global brand with over 200 retail spaces world and even created the beloved characters, BT21 of mega-popular Korean boy band BTS.&nbsp;</p><p><strong>Next Up on Oct 7th:</strong>&nbsp;<a href="https://magiceden.io/launchpad/ooz">Ooz and Mates: Spaceships</a></p><h2>&nbsp;</h2><h2>Anybodies: Tay Keith</h2><figure class="image image-style-align-center image_resized" style="width:75%;"><a href="http://magiceden.io" target="_blank" rel="noopener noreferrer"><img src="https://lh4.googleusercontent.com/SE2oc2-gpZMicY4M0LQQHrQOFNfKKYYx7rmQXiQA316FxhgUhxm0Q6EssRjFj7FN4oRb7tnnX8Xh9X2y7ekgbRwzE-bt0wfK7ZJl9UzYPvw27qoiM7AG2xgefBPG6wdK0-3weAgIUvtgsmAXsvCOHn8UABLOW2XHCqH3p0cIz7qnPAfunVGMg6n4dw"></a></figure><p>What does apparel in web3 look like?&nbsp;<a href="https://magiceden.io/creators/anybodies">Anybodies</a> is paving the way with partnerships with Nike, DeGods and most recently — grammy-nominated Hip Hop producer&nbsp;<a href="https://magiceden.io/marketplace/tay_keith">Tay Keith</a>. With integrations of NFC technology, AR and NFTs, Anybodies is shaping a <strong>true web3 product experience</strong>.&nbsp;</p><p><strong>The Drop:&nbsp;</strong>Tay Keith brings his signature DOA brand to the metaverse. This exclusive streetwear collaboration offers a limited edition collectible, designed by Anybodies and inspired by DOA. Minters not only accessed a culturally-significant NFT, but they could also redeem it for a physical sweater that gives them access to Tay Keith’s drops: 3D avatars, tickets to live events (anyone Drake fans out there)? All by tapping into the NFC chip tech in the sweater.&nbsp;</p><h2>&nbsp;</h2><h2>Azra Games: The Hopeful</h2><h2><a href="http://magiceden.io" target="_blank" rel="noopener noreferrer"><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/1uRgwv2UNTKcEkF-CNEqv9wXnMSeRIzYNy9UMC3c9ZtbMNpOcwbJXFqqRrXgg_vnsP8WXXAJNTLqPdEKkqtxIebb_S05vqmn8xFWlruiS-bpykkLYB7nYo5gqmjDjTXZBtXVlfW2QWfR7QrX7huaOOmdee-GDvWjTWdHV6RtFGJmKzu8vkrwdCgZWA"></span></a></h2><p>With a cumulative game development experience of 35 years, Azra Games brings its outstanding background to web3 gaming. Mark Otero, CEO and Founder of Azra Games, was the GM of EA Capital Games who launched Star Wars: Galaxy of Heroes, EA’s most successful mobile game six years in a row with $1.4B in revenue and 100M+ downloads.&nbsp;</p><p><strong>The Drop:&nbsp;</strong><a href="https://magiceden.io/collections/eth/0xc4973de5ee925b8219f1e74559fb217a8e355ecf">The Hopeful</a> is Azra’s first NFT art collection that used Magic Eden’s open-source ETH minting contract. They sold out within 25 seconds. Otero’s key inspiration behind the Hopeful release is “the pioneering spirit of the Web3 community and the shared aspiration of hope for the promise of Web3.” Holders of the Hopeful will have access to the much-awaited game&nbsp;<strong>Legions &amp; Legends</strong>, as well as benefits such as: limited edition founder packs, surprise drops, opportunities to shape the game, early beta access, and more alpha.&nbsp;</p><p>&nbsp;</p><h1>Latest Tech &amp; Tools&nbsp;</h1><ul><li>We introduced an&nbsp;<a href="https://github.com/magiceden-oss/erc721m"><strong>open-sourced Ethereum minting contract</strong></a> to save creators on Ethereum precious engineering time and shorten execution timelines to integrate.&nbsp;Our fully built contracts are audited, making them a trusted and safe option for creators to use.&nbsp;</li></ul><figure class="image image-style-align-center"><a href="http://magiceden.io" target="_blank" rel="noopener noreferrer"><img src="https://lh4.googleusercontent.com/SQuxSzuiy2JoyuKvaNk7XHMoi8h9lOVdAEBH3RTzghQtLG4PFzSRC6EShxc69ebOJiFyyUgbi46Nh-m8rJqyeihvMu8ZV3QSIuG2_zl7bVfln5urU65ubpv91JWmiCNRyfjO-_ZUyt2xXn1EtCb6yxrkiCAtsz4gSoc3D3w6HEks82GfGUTw6gxRXw"></a></figure><ul><li><strong>Pro Trade</strong> extends beyond Launchpad, and it’s a great addition to your mint. We debuted this in beta alongside the&nbsp;<a href="https://magiceden.io/marketplace/t00bs">y00ts</a> mint, and the response was incredibly positive. NFT holders can view trading activity on your mint on the secondary marketplace real time. This is another tool in a creator’s arsenal to use at the beginning of their NFT launches.&nbsp;</li></ul>

In September, we launched WADE FRIENDS & FAMILY, Anybodies: Tay Keith, and Azra Games: The Hopeful. More on the latest Launchpad features that will redefine your collection. 

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The Launchpad Scoop

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<p>Choosing which NFT to buy is part art, part science (or it could be completely random).&nbsp;</p><p>Making these decisions aren’t easy.&nbsp;</p><p><strong>Magic Ethen Beta is your first destination to buy NFTs on ETH.&nbsp;</strong></p><p><strong>With an array of tools and features, our Ethereum Aggregator will help you make the best decisions in real-time.&nbsp;</strong>We also believe that the future of NFTs is cross-chain and that it should be simple for our everyday user.&nbsp;</p><hr><h3>Key Insights</h3><ul><li><strong>Magic Ethen Beta:</strong>&nbsp;We are starting our ETH aggregator in beta to support our cross chain vision. Stay tuned for more updates and features.&nbsp;</li><li><strong>Need for speed:</strong>&nbsp;ETH NFT listings surface&nbsp;live&nbsp;so you don’t need to refresh the page. Buy fast with&nbsp;Quick Buy and&nbsp;Auto-Swap, our sweeper tool to enable you to snipe the next best available NFT on popular collections.&nbsp;</li><li><strong>Collection discovery:</strong>&nbsp;Through multiple tools, such as our&nbsp;<a href="https://magiceden.io/drops">cross-chain drop calendar</a>,&nbsp;<a href="https://magiceden.io/drops?tab=whitelists">whitelist</a> sign-ups on our homepage, and&nbsp;<a href="https://magiceden.io/stats">stats page</a>, you’ll be exposed to more NFT collections.&nbsp;</li><li><strong>Trade best:</strong> Pro Trade has a real-time trades chart, allowing you to make the best decisions on the fly, when it counts. View listings, sales and compare price v. rarity.&nbsp;</li><li><strong>Cross-chain payment options: </strong>Be it ETH or SOL NFTs, buy NFTs on Magic Eden with your choice of SOL, ETH and fiat (via credit card).&nbsp;</li></ul><hr><h2>Enjoy lightning fast speed with no need to refresh page</h2><p>Our marketplace just got snappier. Expect lightning-fast listings and sales, as they surface live when listed. Buy NFTs faster on Magic Eden. Sold items appear and disappear in real time and you'll see marketplace symbols quickly shift as listings change.&nbsp;</p><h2>&nbsp;</h2><h2>Find the latest drops with our cross-chain drop calendar</h2><h3><span style="background-color:transparent;color:#434343;"><strong><img src="https://lh5.googleusercontent.com/urtFzywknHYdp4nRjO0b0F0WSPs2qhZVufl58sODaMwtztv88bA3Kk_Z00NsYhietCcK_EtiyVNVgdhR71biryHpJjZ1fgzax_Y9ruz--NGOJo-MrcrMX4Lk-k5Q7UwQywNKYmopWVRd9x-_JlWx9KFltYIq6EbSrnnBX9e8eyqO1t5xJIOdiN0v"></strong></span></h3><p>Stay informed with our&nbsp;<a href="https://magiceden.io/drops">cross-chain drop calendar</a> is a central place for all mints happening across Ethereum and Solana. Access everything you need to begin your collection discovery.&nbsp;</p><p>With upvotes, you can use this as a signal to see what other collections people are interested in. You’ll also have access to links that creators have put in, so you’ll have all the information to find out when a collection is minting and if you’d like to mint that collection.&nbsp;</p><h3>&nbsp;</h3><h2>Sign up for cross-chain whitelists directly on our homepage</h2><h3><span style="background-color:transparent;color:#434343;"><strong><img src="https://lh6.googleusercontent.com/GetDJmhtorYFGiRXK4DXFNrpHRRevMd8Dc1OOFnrM1jH3JjjC2asDrbt4W2LWpd4zTzonyl--5RRiJlQR9-ff9f-N0GKBuy7i824tpuk3dZ42NrY5l0D-mJH2SqNDkjccn7YlPVP2iesrAiPbxeTK7qkXdA4IQV2OwK_Fu-2yvOeRJE45H94dBFJ"></strong></span></h3><p><strong>We know how hard it is to keep track of all the whitelists you’ve signed up for on Discord so we launched a tool to make it easier.</strong>&nbsp;<a href="https://blog.magiceden.io/magic-eden-list-landing-page"><strong>Magic Eden List</strong></a> is a free whitelist tool for creators on ETH and SOL to manage their communities pre-mint.&nbsp;</p><p>Besides signing up for whitelists on our&nbsp;<a href="https://magiceden.io/drops">cross-chain drop calendar</a>, discover whitelist opportunities directly from our&nbsp;<a href="http://magiceden.io">homepage</a>&nbsp;and&nbsp;<strong>sign up directly.</strong></p><p><strong>Keep track of all your whitelist sign ups on Magic Eden, your first destination to trade ETH NFTs</strong>.&nbsp;It’s secure and you’ll find out if you’re eligible for a project’s whitelist easily.&nbsp;</p><p>&nbsp;</p><p style="text-align:center;"><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/aPlGeKpZqpBTsl7gjLf_yNQaUfUSj6NeMrVG0GTATEnJdGKaVO0FLUO_eol-n0OiU5QqeI-tPDl7V90l7ayUhGoudYGAZwPHSFhXqF0v1d4xv1-bbI1QGAVBrOcKhibYtbRIgQXpVXLYJt9jXnjVawPgFml1ORbHf9t-P9y1xZBYidxmVBWCp9fuBA"></span></p><p>Once you make it to the whitelist page for your desired NFT collection, you will see requirements to qualify. If you do, log in with your wallet and secure your whitelist spots!&nbsp;</p><p><strong>Coming soon: Whitelist Opportunities!</strong></p><p>Feeling lucky? Stay tuned to try your hand at whitelist opportunities, where you can input your wallet for a chance to be selected for a whitelist.&nbsp;</p><h2>&nbsp;</h2><h2>Check out the latest activity on our stats page</h2><p><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/7Ay7VfY6YhMU4xG_c0-oSay1RR_lZ1IREc1ifmnR6UpRYGut31T_GLQ4_gjBqc3absbP-l0PZUe2ihidjkNDxclmB0VucE5Kvv7ta4YOduBETLt3BVJZ_BLcsyLhOEVuIhbB6TvXMHRgeEMqk8KmuPuDwTYzH2gYp1SulKAmHdXcCAU68zmb4qunKA"></span></p><p><strong>Gain more insight into an Ethereum NFT collection with our </strong><a href="https://magiceden.io/stats" target="_blank" rel="noopener noreferrer"><strong>stats page</strong></a><strong>. </strong>Use our search function to find collections that meet your requirements (i.e floor price).&nbsp;<strong>Get down to the details of sorting by time, giving you a larger picture (last 28 days) to the most current statistics up to the last 5 minutes.&nbsp;</strong></p><p>On other sites, these key statistics are available to paid users.&nbsp;<strong>On Magic Eden, our stats page is completely free.&nbsp;</strong>With our granular time interval that shows the most current activity (i.e last 5 minutes, 15 minutes),&nbsp;you can use these markers as key trading signals and… well, early alpha.&nbsp;</p><p><strong>If you want to discover trending collections, use the granular time intervals as signals and have a look at the number of sales.&nbsp;</strong>Besides volume changes, have a look at the&nbsp;number of owners. This is static but it’s a great trading signal to distinguish the value of a collection — whether it’s a long-term hold or if it’s something you’d want to flip.&nbsp;</p><h2>&nbsp;</h2><h2>View collection listings across ETH marketplaces</h2><p><span style="background-color:transparent;color:#000000;"><img src="https://lh5.googleusercontent.com/7fVXZUWK258sEwl4SbogQkSJAmGzs-wtL2ePug5adobJu75Ed1yUnPUJqrATx5NzFVQafshhJhf95TyurPLiJHGxlaqBP23ncxFI2m0SOLSdHVL4HUu3vOrdJscw2VB6W-oJWTjCo_2kVaTPmdSxcuZspsELkdoG0-nPDRN_xggDt_nfogIpHMfQ"></span></p><p>Opening a bunch of tabs to different ETH marketplaces and comparing prices for the best deals are now a thing of the past.&nbsp;</p><p><strong>On Magic Eden, view listings across all Ethereum marketplaces and buy at a click of a button.&nbsp;</strong>You can also filter and choose marketplaces across Ethereum, along with other filters such as price, traits, and more.&nbsp;</p><p><span style="background-color:transparent;color:#000000;"><img src="https://lh4.googleusercontent.com/r0OJvkU1yCzznzPTqvLrjM5_VZOhzcSCnTbx8JxhK31MvCKlGA6niJcNtGSl2-BKRsR95XedMFW2e1yBTvM5-ZyK1TDk8I5i7GYKiaXK4QqGBw9Nb1IDyfHtQGmTAQuC9gp2fkJCPUWh1Ea2tyTvEVfarGQJAWJMxctbEW1zSQYtst7K3tPCQebOyQ"></span></p><p>Additionally, on a collection page, you can see the latest transactions happening across major Ethereum marketplaces.&nbsp;</p><h2>&nbsp;</h2><h2>DYOR and find early alpha with Pro Trade</h2><p><span style="background-color:transparent;color:#000000;"><img src="https://lh6.googleusercontent.com/7Q-sfUgf02gn64sjnaH49ghH5AOlxnEcZciRbL2K4Q36NatU53UeDPTvKJxb0UvgCkMnW0nWkUFx85qBzhRclNy-BjwVnlTbLNptz9B3vgFQvd7yQ7VZZZy7YWw_Lk-IZ-uE0PswU63Ag5DiD9qKP_lHFc7QG51Ujl64qd0KgZdXYTgVwa9s1BkV"></span></p><p>Seconds matter when you trade popular NFT collections.&nbsp;</p><p><strong>Pro Trade is a weapon built for traders to make the best decisions in real time.&nbsp;</strong></p><h3><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/fSpMmnRhjtE9jLDq30wywTFqVyHuPU-PcvZxUbrpu_YydFV2fFAaxFpcZOBkyOXCaXuWaCi1bGZsXiMAG-rQS6CXxKJHgG3KiqOZu6kz1hT_oETgggfynlQHBJoKW-ml8ovpYLSrD719lkWnI_VWasIgia91PqyoTFf3M8Ox1qGcxNPWLU-gfAi4hQ"></span></h3><p><strong>Pro Trade has a real time trades chart that is especially useful for popular collections.&nbsp;</strong>It’ll show you how listings are distributed according to time and price.&nbsp;<strong>With each green dot representing a trade, there’s insights for you if you’re looking to trade now or long-term.&nbsp;</strong></p><ul><li>With&nbsp;<strong>price data</strong>,&nbsp;you can gather additional indications of a collection’s momentum and use these as trading signals.&nbsp;</li><li><strong>Say there’s a hyped mint and it’s gone to secondaries. Sort by shorter time frames (up to 15 mins)</strong>&nbsp;and you can view sales and listings in real time, without needing to refresh.&nbsp;</li><li><strong>If you’re looking for historical data, sort by longer time frames (i.e a month or more)&nbsp;</strong>to view historical trades of an NFT collection to view its long-term momentum and its price distribution. If you’re looking for longevity in a collection, look at how often a trade happens.&nbsp;</li></ul><p><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/ajlXdQbCNkzxRCJgmlcHgnUnM3MkeIu5sqet7zv1RXoKlENnsKN1z0xCFW9yw89dEXa41CUV-L6Of0hIYe8x5JiFsdy5y5X7o49NsP98aR0vYSfh6i1vJuB8-FaNZn32GHo8y7gzDJGiXGs1Gy5geLWBGq6RqQ-bqfE03aPJtiHnyUM08PqOrMEU"></span></p><ul><li><strong>Use&nbsp;listing distribution and sort by different distribution of listings down to intervals of 0.01 ETH.</strong> Use this chart to see how many NFTs are listed at a certain price. This can help you find the sell wall of a collection, which will give you data for projecting what price it may pump to or where the floor will find its resistance.&nbsp;</li><li><strong>Coming soon:&nbsp;</strong>If you’re looking to snipe rares, use the&nbsp;<strong>price v rarity&nbsp;chart </strong>to see how rarity comes into play with pricing and how much it matters to a collection. For those with rares, this can give you guidance on what it could potentially sell for and what price you should list it at.&nbsp;</li></ul><h2>&nbsp;</h2><h2>Buy your NFTs fast with Quick Buy</h2><p><span style="background-color:transparent;color:#000000;"><img src="https://lh5.googleusercontent.com/5Wr1qU_xafpvucdTzcDU_pOEQt_3Z-rMW0174hFi5RORIIIfmvlIEIhfSPCxGwHIp2RbRuFpeU6a1SOl7iRAsZMDhDRXqrmTI0z9nfWKBkUA6k46eodZNSEYmk0gn9zyMRbBX8YDenzcWlBNDXuk6nnKi6nAqwUsZOk5pczDC04xuQH4x30V-iK0"></span></p><p>Want to checkout faster? Use&nbsp;<strong>Quick Buy</strong> by hovering over the NFT you’d like to buy and you’ll have the NFT in your bag in no time.&nbsp;</p><h2>&nbsp;</h2><h2>Sweep floors up to 50 NFTs with option to auto-swap for next best available options on popular collections</h2><p>We know that speed is of the essence here. Especially if it’s a hot NFT mint. Being fellow traders ourselves, we feel the pain of missing out by that millisecond. So, we introduced two sweeper tools that we dare say, will sweep you off your feet:&nbsp;&nbsp;</p><p style="text-align:center;"><span style="background-color:transparent;color:#000000;"><img src="https://lh6.googleusercontent.com/kvdBf3_Y_G92AomISYb33BU9w29glHpA0ETBYtBIsKUnOhq6oEAUy7SwwMo-3kJTP8JY1HMJLjk6f_XkUl3phhnFHpIXmt7f5mJeYyjNgB6VUAhH_Jugl6eY6gnBWicuu1U5ttAGr9_Likf4Lw8m0P4-FhmiwTtJ4YtGjuqd-puuPkOzR6qzaFCbgg"></span></p><p><strong>Sweep:&nbsp;</strong>Fallen head over heels with a collection? Load up your cart and&nbsp;buy up to 50 NFTs all in one purchase, with a single click of a button.&nbsp;</p><p>&nbsp;</p><p style="margin-left:36pt;text-align:center;"><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/mFGZDfA-R4MFw8M71IA1mv6aZFxwNHRWPTzZ8Gt3wBu-aUEOoFStPvNxsx0m728i74f4hGEMka2qv-s6uzol0smI5EIcZeaZKaCcLW2409FJMtEPg9F9xv8JAsh-twpcTY2vsFxqX1sCALo4prO5BnHmoXot1r0ST8iMIpwSKs_5v7nJU2LhY_Lbig"></span></p><p><strong>Auto-swap:&nbsp;</strong>Really bullish on a hot mint and want to ape in hard? Sweep a project’s floor with our auto swap function that&nbsp;swaps out sold NFTs for the next best available NFT!&nbsp;You won’t have to miss out.&nbsp;</p><h2>&nbsp;</h2><h2>Pay as you wish across SOL, ETH, and fiat</h2><figure class="image image-style-align-center"><img src="https://lh5.googleusercontent.com/uK08imYMpFdkUdz1YdX0YyX79hrSARoM6lOJO0rhDGakDxnzDTZ0os-OZjImqhhsRJ24PwzbLCrZ_uyIEslQIS2jM2LIX7IA4lpho0r8GnrqDmtcvrjxG_0wbiYRpp_MdER2eavk4yzAnV8LZ385KT4KAgdNoF86OoUKvqymIZJZ3bjUv1-U0xZL"></figure><p>Now you can pay as you see fit. You can buy SOL NFTs with ETH or fiat, and buy ETH NFTs with SOL and fiat. We believe that the cross-chain experience should be as seamless and as frictionless as possible. The next 1M to onboard into NFTs can start now.&nbsp;</p><p><strong>By introducing credit card payments, you have greater flexibility into how you want to buy your NFTs. </strong>Plus, it takes time to bridge funds between wormholes and crypto exchanges.&nbsp;Save time and buy straight away.</p><h2>&nbsp;</h2><h2>We’re just getting started</h2><p>With these real-time trading tools, analytics and cross-chain features, you’ll be able to make the best purchasing decisions all on Magic Eden. We’re just getting started. So, stay tuned.&nbsp;</p><p>&nbsp;</p><h2 style="text-align:center;"><a href="https://magiceden.io/" target="_blank" rel="noopener noreferrer"><strong>Explore Magic Eden</strong></a></h2>

We launched a laser-fast, feature-rich Ethereum aggregator in beta. Here’s the scoop.

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Magic Ethen Beta: Debuting our ETH Aggregator

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<p>The future NFT trader shouldn’t have to jump through hoops to trade NFTs cross-chain. They should have a seamless buying experience. <strong>We’re making it easier for your current and prospective audience.&nbsp;</strong>Partnering with Magic Eden means unlocking more growth opportunities&nbsp;<i>with as little friction as possible</i>. We believe that it should be as simple as hitting that ‘connect wallet’ on Magic Eden.&nbsp;</p><h2 style="text-align:center;">Pioneer with us as we build the best cross-chain experience across Solana and Ethereum.&nbsp;</h2><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/-JqH14thwag" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></div><hr><h3>Key Insights:</h3><ul><li><strong>Exposure to a SOL audience:</strong>&nbsp;We have captivated Solana’s attention with&nbsp;90% market share on secondaries. With over 700,000 daily impressions on our homepage,&nbsp;Ethereum NFT projects will get a whole new level of cross-chain exposure.&nbsp;</li><li><a href="https://blog.magiceden.io/magic-eden-list-landing-page"><strong>Magic Eden List</strong></a><strong>, THE whitelist management tool:&nbsp;</strong>We built this free tool with creators in mind. Set it up through the creator hub, receive a customized report and additional exposure on a dedicated homepage carousel.&nbsp;</li><li><strong>Announcing our ETH Launchpad:&nbsp;</strong>With the same unparalleled minting tech, marketing support and many other capabilities that has launched 350+ Solana NFT projects, your mint is guaranteed to be hassle-free and customizable.&nbsp;</li><li><strong>Cross-chain payment:&nbsp;</strong>Your collectors will appreciate greater accessibility to join communities as they can choose to pay with ETH, SOL and fiat (via credit card). &nbsp;</li></ul><hr><h2>Why relevance among a captive SOL audience matters</h2><p>Each day, we have over 400,000 unique sessions on Magic Eden. Some are native Solana users. Others trade Ethereum NFTs as well but elsewhere. Now on Magic Eden, your collector can&nbsp;<i>do both</i>.&nbsp;<strong>And, you get to tap into the attention that we’ve managed to engage — with 90% of all Solana trading activity happens on Magic Eden.&nbsp;</strong></p><figure class="image image-style-align-center"><img src="https://lh6.googleusercontent.com/5awKbEgja1Ez52Wdu352hwmFwwZlHmn1aquADa4H-yUv8fP6hwJEE3EhDtB_K07m40SfV9CLi8inK2c8qoRG19nRfDBMslovUpCUyMYE2fRCVkTZ1SvOxqU7sWmBOJiRXSCArCYkFMVlfhb3m5rKc4KY_hV5ptKt2YwoifGRVBABuwuVXp911d5xOQ"></figure><p>With its low barrier to entry, recent statistics from Coin98 Analytics show that since March 2020, Solana has&nbsp;<strong>over 100B total transactions</strong>, surpassing Ethereum’s amount of transactions despite it being the older chain.&nbsp;</p><p><strong>Because of its wide appeal, the Solana blockchain has proven to be a key contender and contributor to the mass adoption of NFTs.&nbsp;</strong>Despite the bear market, research by&nbsp;<a href="https://www.theblock.co/post/169050/nft-mints-on-solana-have-surged-to-an-all-time-high">the Block</a> found that mints on Solana have been increasing.&nbsp;</p><p>We know for a fact that the Ethereum community has taken a keen interest in Solana given the engagement of a very large and passionate base of collectors. In a&nbsp;<a href="https://blog.magiceden.io/champsonly-not-your-regular-eth-alpha-group">recent interview with Champ</a> of ChampsOnly and co-host of NGMI Podcast, he stresses that a differentiating factor is the “wild Twitter culture” of the Solana NFT community.&nbsp;</p><p>We are thoroughly attuned to this Twitter culture which we’re a big part of, between posting memes, to educational content to hosting&nbsp;<strong>Launchpad &amp; Grill Twitter Spaces</strong>. Launchpad &amp; Grill is a unique opportunity for our upcoming Launchpad projects to further engage with the Solana community and beyond, with regular attendees averaging to 3,000 listeners. By partnering with us, you can captivate a new audience while engaging the ETH community.&nbsp;</p><h2>&nbsp;</h2><h2>Drive exposure for your collection on our cross-chain drop calendar</h2><p style="text-align:center;"><span style="background-color:transparent;color:#434343;"><strong><img src="https://lh4.googleusercontent.com/ZHyenYlvj6_SiavT9kQ2y7tfMUs2zIgoCOwqz-JfkIDBAZyHXrVDo_fY2oOzMyLrG0yu_yECIJAa7oLuUnOfqiE0KI5Zp5w9QecmxugeUuDcZPjJMFhyMiV_A9pzZe6TyJOKFhRftB70dZtrUSBj_1fe6XHiYGcczipx0gwatvZGbGMo-epxInlFJw"></strong></span></p><p>With our&nbsp;<a href="https://magiceden.io/drops">cross-chain drop calendar</a>, your collectors can easily navigate to your drops&nbsp;<strong>and</strong>&nbsp;whitelists. As prospective minters use our page to conduct deeper research into the latest NFT projects, give greater exposure to your project by being featured on our&nbsp;<a href="https://magiceden.io/drops">Drop Calendar</a>, which garners&nbsp;<strong>over 300,000 impressions monthly</strong>. With a default mode of showing drops across Ethereum and Solana, tap into our existing Solana traders and the growing Ethereum traders.&nbsp;</p><p>Setting up drops is also simple. All you have to do is login via our&nbsp;<a href="https://creators.magiceden.io/dashboard">creator hub</a>, your one-stop-shop to manage drops and whitelists.</p><h2>&nbsp;</h2><h2>Manage your SOL or ETH whitelists with Magic Eden List!</h2><p><img src="https://lh5.googleusercontent.com/J_-boB7jHTiY1xZW79XX2fTrZF-9m8HfNXgVO66pGf2rKCe2p4toRR-FghaZlTUEvRgBIr3HhZy_rHzo5uPx9tQM5JMcwhCUK9Vwh5YKJ7TXvj6HNsAo5shrZoGC4TvZhCp5pzpHF_UGvjsGqnXfVq13KMK49fTuaHpkjviiUZxDyfwK4ftqE13wEQ"></p><p>We debuted a&nbsp;<a href="https://blog.magiceden.io/our-free-whitelist-tool-available-now">whitelist tool called Magic Eden List</a> that allows you and your community a seamless experience. With over 700,000 impressions daily on our homepage and a guaranteed 400,000 impressions on our Whitelist Opportunities Carousel, you will get<strong>&nbsp;unparalleled exposure</strong>.&nbsp;</p><p>The Magic Eden List is a&nbsp;<strong>free tool that we made just for creators</strong>. and with each whitelist you create, we’ll generate a&nbsp;<strong>dedicated report&nbsp;</strong>so you can track key metrics, find out more about your minters and overall performance.&nbsp;</p><p>There’s no need to juggle between multiple providers,&nbsp;<strong>Magic Eden is the place where your mint starts and your creator journey continues</strong>.&nbsp;</p><h2>&nbsp;</h2><h2>Enable homepage discovery for your collection with Magic Eden List</h2><h3><img src="https://lh4.googleusercontent.com/VQF6qJf6z74HdhNQhBsVQlwP0FkRYmECgcGtefOvbCmxyu4oDTA8107nAtIZ-s7jLvA8e_O6TnjwvQCs95wH3Psp7rqW0v9lSfpA1mwPv_PIzcxKympBUagEd5T1Xo3Eby3QdsP6jTFl0fbcCWmDCrh07wEsU0YqxGsX0IJCtKpkN_c7GQtSCxnopg"></h3><p>To put your mint in front of our users, we have a whitelist opportunities carousel on our front page that encourages easier whitelist registration.</p><h2>&nbsp;</h2><h2>Launch a project with us targeting both SOL + ETH audiences</h2><p>We’ve launched over 350+ collections on Solana. <strong>And, we’re just getting started with Ethereum.&nbsp;</strong>We know that NFT launches aren’t as easy as they sound. Many creators have to create a mint from scratch and use third party platforms to facilitate their whitelist mint. Time is limited, and you could be spending it on your art, value and community.&nbsp;<strong>That’s where Launchpad comes in.</strong></p><p><strong>Launchpad is the premier NFT minting tool, allowing you to mint both Solana and Ethereum collections and target both chains with cross-chain minting.</strong> With an acceptance rate of less than 3%, we partner with the finest creators who are co-creating NFT culture.&nbsp;</p><p>Carl Jones who created cult-classics like Boondocks, minted cross-mint with&nbsp;<a href="https://blog.magiceden.io/gm-gm-with-bubblegoose-ballers-carl-jones"><strong>Bubblegoose Ballers</strong></a>&nbsp;and is redefining web3 media. Tay Keith, grammy nominated musician, launched&nbsp;<a href="https://magiceden.io/marketplace/tay_keith"><strong>Anybodies</strong></a>, a fashion collectibles collection which utilizes NFC microchip for wear-to-earn technology and has collaborated with a titan in web2,&nbsp;Nike, and a legend in the web3 space,&nbsp;<a href="https://magiceden.io/marketplace/degods">DeGods</a>.&nbsp;</p><p>On the 28th of September, Azra Games added&nbsp;<a href="https://magiceden.io/collections/eth/0xc4973de5ee925b8219f1e74559fb217a8e355ecf"><strong>The Hopeful</strong></a>, a collection of 5,555 ‘Play Forever Passes’, into the web3 gaming sphere. Holders of The Hopeful will use it to discover their first game, Legions &amp; Legends. The Hopeful minted for free on Ethereum via Magic Eden’s Launchpad.&nbsp;</p><p><strong>Since then, they’ve achieved:&nbsp;</strong></p><ul><li>1,300+ ETH traded&nbsp;</li><li>15 ETH highest sale</li><li>#3 in 24-hour ETH volume</li><li>0.38 ETH average sale</li><li>2,000+ transactions</li></ul><p>With our experienced team on&nbsp;Launchpad, gain the greatest exposure and widest reach in web3. With dedicated tech development and marketing support, have a hassle-free mint to do what you do best:&nbsp;<strong>add value to your collectors.&nbsp;</strong></p><p>&nbsp;</p><h2>Enjoy best-in-class, customizable mint tech</h2><p>With over 350+ NFT collections launched, Magic Eden has been on the forefront of NFT Launchpads. Our&nbsp;<strong>bespoke launch experience</strong>&nbsp;has everything your NFT project needs for creating a stronger project, having a seamless mint and launching with a blast. Focus on what you do best, and leave the rest to us.</p><p>Besides bespoke Launchpad support, consisting of mentorship, connections, and training, our mint tech capabilities will allow you to build out the seamless mint you dream of.&nbsp;</p><h3>Some of our many capabilities we offer:&nbsp;</h3><ul><li><strong>Custom launchpad page:&nbsp;</strong>Choose to host your mint on Magic Eden or on your own page.&nbsp;</li><li><strong>End-to-end marketing support:&nbsp;</strong>For all your NFT project needs, be it launch mechanics to community management, we are here with you through mentorship, training support and connecting you to the right people.&nbsp;</li><li><strong>Ops support through launch:&nbsp;</strong>Your mint doesn’t end with our tech capabilities. We’ll support you through launch, reachable 24/7.&nbsp;</li><li><strong>Cross-chain payment:&nbsp;</strong>Besides ETH and SOL, minters can also use their credit card to join your community, giving them greater accessibility to your collection.&nbsp;</li></ul><p>&nbsp;</p><h2>Give minters greater choice with ETH, SOL, or fiat</h2><p><span style="background-color:transparent;color:#ff0000;"><img src="https://lh4.googleusercontent.com/fS83ogEZAZ0i-gexqb4-psZZM-x_PyO0n80Jrvp6ZdAob1BwejWuknDoUInoYzGM4-AKe-CcueC7xdRUueKnFvCnGEYEiuMnaEg-fTHqvP8SztyNj_sA6Oa7HW1LsqQokmvolvkqvUBau8e31exXgqjO-ktTHOgt7m2BZbKOYogBKllv5jFwfuNf4w"></span></p><p>A cross-chain future wouldn’t be possible without cross-chain payments. Magic Eden helps you open up your target collector market to both normies as well as crypto native audiences. Now, collectors can buy NFTs with their&nbsp;<i>currency of choice</i>. Choose between $SOL, $ETH, and good ol’ fiat (via credit)! Those curious about NFTs may not be familiar with crypto-native methods of purchasing NFTs with $SOL or $ETH. So, we’re also introducing credit as a form of payment, making collecting NFTs less mystifying and time-consuming.&nbsp;</p><p><strong>We also offer this capability for ETH launches via Launchpad. Give collectors greater options to make it easier to join your community.&nbsp;</strong></p><h2>&nbsp;</h2><h2>Watch your collection flow directly into a lightning fast aggregator!</h2><p>Collectors are faced with many basic trading decisions that are time-consuming because of the fragmented set of tools that collectors have to find before they can become collectors.&nbsp;</p><p><strong>From sweeper tools to a host of analytic charts, our ETH aggregator gives users the complete picture on a single site.</strong>&nbsp;Making buying NFTs a whole lot easier.&nbsp;</p><p><strong>Magic Eden equips collectors to make the best purchasing decisions in real-time</strong> as we show them listings across ETH marketplaces.&nbsp;</p><h3>Some tools we’re especially proud of:</h3><figure class="image image-style-align-center"><img src="https://lh5.googleusercontent.com/0z0ygBCL43-5sZmQohdHNisP0-d9actkLvXBdp3m7SGINrvyVmQDbr_DljqKDGNV7q66ie6MUrDRJJ7WMK45MF036owKFcI9745103mmwqxTEzLjqJhtvFQeXNO9J-w0ctsCE5MWACogZTPkLjfvQsXKRstqGMS6Sn3W1jXUmU4zgm_Kb9emCkwl3A"></figure><ol style="list-style-type:decimal;"><li><strong>Sweeper tools:</strong>&nbsp;Your collectors will be able to sweep up to 50 NFTs at once, even if you have a hot mint. If they’ve selected&nbsp;<strong>auto swap</strong>, NFTs that are no longer available will be automatically swapped for the next best available NFT.&nbsp;</li><li><strong>Pro Trade:</strong>&nbsp;With a variety of charts available at their disposal, your collectors will be able to perform better research and find real-time alpha — whether they’re looking to flip or to trade long-term.&nbsp;<strong>Our charts go from the last 15 minutes to the last 2 months</strong>,&nbsp;giving them insight into real-time and historical data on trade activity and price. We also have a listings distribution chart and price vs. rarity chart.&nbsp;</li><li><strong>Trade in real time:&nbsp;</strong>Without refreshing your collection page, collectors can&nbsp;<strong>see NFTs bought and listed by others in real time down to the latest 5 seconds</strong>, enabling them to make the best purchasing decisions on Magic Eden.&nbsp;</li></ol><h2 style="text-align:center;"><br><a href="https://airtable.com/shrMhMDpcvt9nB6cu">Apply for Launchpad</a></h2>

Magic Eden brings a whole new set of eyes to unlock your NFT project’s growth. Welcome to the future of NFTs. 

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ETH Creators: Partner with us to reach a cross-chain audience

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<p>Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team. A big shoutout to our community — we implemented these features thanks to your&nbsp;<a href="https://twitter.com/MagicEden">@MagicEden</a> and feedback — so, keep them coming! We appreciate you.</p><h2>Magic ETHen</h2><p>Magic Eden is finally on $ETH! Read our manifesto <a href="https://contenthub.magiceden.io/magic-manifesto-ethereum" target="_blank" rel="noopener noreferrer">here</a> to find out more about our plans and vision as we embrace the multi-chain future.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Magic Ethen. <a href="https://t.co/2X5a2fOcQ3">pic.twitter.com/2X5a2fOcQ3</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1554497669032206336?ref_src=twsrc%5Etfw">August 2, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><p>Here’s a round-up of features:</p><h2>30 Aug: The Bear Market is LIVE!</h2><p><a href="https://www.okaybears.com/bear-market" target="_blank" rel="noopener noreferrer">The Bear Market</a> - Okay Bears' white-label marketplace is now live! #WAGBO 👌</p><p>Enjoy this custom trading experience and explore all NFT collections by Okay Bears. Powered by Magic Eden.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">The Bear Market, powered by Magic Eden 🪄, in collaboration with <a href="https://twitter.com/okaybears?ref_src=twsrc%5Etfw">@okaybears</a>. 👌<br><br>Supporting our partners is our #1 priority at Magic Eden. <br><br>We're honored to use ME tech to create a beautiful space for Bears to trade &amp; interact! Updates coming soon 👀<a href="https://t.co/TeId9tG55e">https://t.co/TeId9tG55e</a> <a href="https://t.co/gO5d7r7LLG">pic.twitter.com/gO5d7r7LLG</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1564296832435384320?ref_src=twsrc%5Etfw">August 29, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>27 July: VBA's Custom Marketplace is LIVE!</h2><p>Never miss a second of action! <img class="image_resized" style="width:1.2em;" src="https://abs-0.twimg.com/emoji/v2/svg/1f3c0.svg" alt="🏀"> You can now purchase <a href="https://twitter.com/vbagame" target="_blank" rel="noopener noreferrer">VBA</a> players without leaving <a href="https://www.vbagame.com/" target="_blank" rel="noopener noreferrer">VBAgame.com</a>! Powered by Magic Eden.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Take your squad to new levels without missing a second of 🏀 action<br><br>You can now buy <a href="https://twitter.com/vbagame?ref_src=twsrc%5Etfw">@vbagame</a> players without leaving <a href="https://t.co/IuVykQ4FfN">https://t.co/IuVykQ4FfN</a> Check out the Magic Eden powered marketplace below! <a href="https://t.co/96ZEHOsQtL">pic.twitter.com/96ZEHOsQtL</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1564343036947369984?ref_src=twsrc%5Etfw">August 29, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>26 Aug: Buy $SOL NFTs with $ETH &amp; Credit Cards</h2><p>In collaboration with <a href="https://twitter.com/crossmint_io" target="_blank" rel="noopener noreferrer">@crossmint_io</a>, you can now purchase any SOL NFTs with $ETH or credit cards right from Magic Eden! Simply select your preferred payment method on the listed NFT.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Magic Ethen is becoming a reality step by step! With help from our friends <a href="https://twitter.com/crossmint_io?ref_src=twsrc%5Etfw">@crossmint_io</a>, you can now purchase any Sol NFT with <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> or credit cards on our site 🔥🚀<br><br>Click the dropdown function under a listed item’s price to choose your preferred payment method. <a href="https://t.co/yYUOFiJgck">pic.twitter.com/yYUOFiJgck</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1562907764955168770?ref_src=twsrc%5Etfw">August 25, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>22 Aug: Discovering Whitelist Opportunities</h2><p>With the addition of our FREE whitelisting tool - Magic Eden List, we've incorporated a carousel on our homepage featuring available whitelists for users to easily track and register for them!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Wen whitelist? 👀<br><br>Our NEW feature allows you to easily enter and keep track of whitelist opportunities, all in one place! 🪄 <a href="https://t.co/dqMBV4GFvy">pic.twitter.com/dqMBV4GFvy</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1561461891804778496?ref_src=twsrc%5Etfw">August 21, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>20 Aug: Magic Eden List Setup Guide - Creators</h2><p>Creators - Looking to create a whitelist for your upcoming mint? Here's a guide on how to do it. Head on over to our <a href="https://creators.magiceden.io/dashboard" target="_blank" rel="noopener noreferrer">Creator Hub</a> now. More information <a href="https://help.magiceden.io/en/articles/6420501-how-do-i-set-up-my-whitelist" target="_blank" rel="noopener noreferrer">here</a>.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">This one is for you creators out there 😉<br><br>Setup your collection's whitelist with our new self-serve tooling. Best thing about it? It's completely 🆓<br><br>Magic Eden List - Whitelists at your fingertips.<br><br>🔗 : <a href="https://t.co/IbDRMEHxWu">https://t.co/IbDRMEHxWu</a> <a href="https://t.co/CLUctG0jOd">pic.twitter.com/CLUctG0jOd</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1560665396281282560?ref_src=twsrc%5Etfw">August 19, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>16 Aug: First ETH Launchpad Mint</h2><p><a href="https://twitter.com/ezu_xyz" target="_blank" rel="noopener noreferrer">EZU</a>'s mint has concluded! 🎉 This also marks the first $ETH launchpad mint on Magic Eden. Want to get on Magic Eden Launchpad? <a href="https://airtable.com/shrMhMDpcvt9nB6cu" target="_blank" rel="noopener noreferrer">Shoot your shot</a>! 👀</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Raise your hands if you're stoked for <a href="https://twitter.com/ezu_xyz?ref_src=twsrc%5Etfw">@ezu_xyz</a>'s upcoming mint! 🙋‍♂️<br><br>ETH creators - Submit your collections today 📣<br><br>🔗: <a href="https://t.co/nHyBlmn9z8">https://t.co/nHyBlmn9z8</a> <a href="https://t.co/wpbPAN0605">pic.twitter.com/wpbPAN0605</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1559283172453470208?ref_src=twsrc%5Etfw">August 15, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>11 Aug: Cross-chain Drop Calendar</h2><p>We've updated our <a href="https://creators.magiceden.io/dashboard" target="_blank" rel="noopener noreferrer">drop calendar</a> to feature collections on both ETH &amp; SOL. Head over to our <a href="https://creators.magiceden.io/dashboard" target="_blank" rel="noopener noreferrer">Creator Hub</a> to get your collection featured now!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">📢 57 ETH projects and counting... Plenty of exciting new drops to look forward to this month!<br><br>We're one step closer to getting all upcoming ETH launches onto our Drop Calendar.<br><br>Creators - Get your upcoming project featured now 💜<br><br>🔗:<a href="https://t.co/IbDRMEHxWu">https://t.co/IbDRMEHxWu</a> <a href="https://t.co/GhdCdrbouG">pic.twitter.com/GhdCdrbouG</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1557457540572758018?ref_src=twsrc%5Etfw">August 10, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>

A round-up of features, updates and what we built on Magic Eden in the past month.

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We Always Ship: August

<p>We hear the community loud and clear about the Degen Town collection launched on Launchpad and have been working behind the scenes to reach a resolution with the original founders and current collection owners. We wanted to communicate more, but also wanted to ensure that the communication was actionable and accountable.</p><p>The outcomes of this project have disappointed us and the ecosystem and we should not have given it access to Launchpad. Period. As a platform that aims to bring web3 to the masses, we understand that the events surrounding Degen Town may contribute towards a narrative that NFTs are dangerous and harmful, which runs counter to our intentions as a team and as a member of the broader NFT community.</p><p>Our goal is to move towards a brighter future. Over the last few weeks, we have been in contact with the community, the original founders of Degen Town, and the new community-elected founders of Degen Town to drive towards a resolution. These conversations have taken time, which is why we haven’t spoken up earlier.&nbsp;</p><p>Below we outline our proposal. It is not yet set in stone, and we’ll continue to make updates if/when it evolves.&nbsp;We encourage feedback and always looking for constructive criticism and contribution:</p><ol><li>We are urging the original Degen Town founders to return funds from the project:&nbsp;We have been in conversation with the original co-founders of Degen Town, including&nbsp;<a href="http://twitter.com/Nftramo">@NFTRamo</a> and&nbsp;<a href="http://twitter.com/0xLerk">@0xLerk</a> and urged them to return funds raised from the project given they have profited significantly from the project and walked away from it. We secured&nbsp;funds&nbsp;from&nbsp;<a href="http://twitter.com/0xLerk">@0xLerk</a>. We are still in discussions with&nbsp;<a href="http://twitter.com/Nftramo">@NFTRamo</a>.</li><li>Returned funds will first be used to serve the victims of the wallet drain:&nbsp;One recurring question from the community is when the individuals affected by the wallet drain will receive refunds from the hack, which was promised by&nbsp;<a href="http://twitter.com/Nftramo">@NFTRamo</a>. He has not taken any action to support the victims. We previously helped identify a partner who could process the refunds but the new team also did not process the refunds. Given the urgency around this issue, we will find a 3rd party who will analyze the wallet drain to quantify the damage so we can understand how we can allocate the funds to serve the victims of the drain. We will share our approach as we finalize a partner who will lead this work.</li><li>We have updated our Launchpad vetting criteria:&nbsp;The NFT landscape is constantly changing. We are constantly working to improve and refine our community protection processes, including the Launchpad application. We understand that the Launchpad vetting criteria have not been clear in the eyes of the community and we want to increase transparency as much as possible to address that. We have updated the Launchpad vetting processes&nbsp;<a href="https://help.magiceden.io/en/articles/6483599-trust-safety-launchpad-vetting-criteria">here</a>.</li><li>We encourage everyone to continue to DYOR:&nbsp;In light of these events, we intend to champion stronger artists and/ creators. At the same time, we want to remind the community at large to please DYOR when making minting / trading decisions. Ultimately, each minter or buyer is responsible for their decision to purchase an NFT and they should not do so unless they have taken the time to first research the art and the project. It is ultimately the&nbsp; buyer’s decision. Magic Eden strives to increase transparency for Launchpad projects to assist minters / buyers responsible for providing a fair Launchpad with access to transparency on the project. One such initiative where we try to improve transparency is the Launchpad &amp; Grill Twitter Spaces every Friday where the community asks projects questions. We encourage the community to attend and voice their questions, suggestions and criticisms so that we can continue to create a better experience.</li><li>We will keep marketing benefits more consistent across Launchpad projects:&nbsp;We understand that some people associated Degen Town with Magic Eden given Magic Eden’s marketing efforts. We apologize for the resulting confusion. Moving forward, we will be careful to make sure our words are not, and do not look like Launchpad projects are co-owned by Magic Eden. We have an employee policy that prohibits Magic Eden employees from launching an NFT project on Launchpad.</li><li>We are launching a scholarship program to champion artists &amp; founders on Launchpad:&nbsp;Immediately, we are moving 100% of the funds that Magic Eden raised from Degen Town (both primaries + secondaries) to create a scholarship program for NFT artists and creators. Our hope was to announce a scholarship under better orchestrated circumstances, but given what we are present to, we are moving forward with making this public commitment today. We would like to partner with artists and founders we admire in web3. This scholarship will be the first step in that direction.</li></ol><p>We know people have spoken out because they’re angry and hoped for better. We agree with you. We value this feedback and we will continue striving to be better.<br>&nbsp;</p><p>Thank you,</p><p>Magic Eden Team</p>

On strengthening Launchpad, serving the ecosystem, and starting a dialogue.

Magic Eden Response to Degen Town

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<p>Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team. A big shoutout to our community — we implemented these features thanks to your&nbsp;<a href="https://twitter.com/MagicEden">@MagicEden</a> and feedback — so, keep them coming! We appreciate you.</p><p>Here’s a round-up of features:</p><h2>28 July: Genopets SFT Marketplace is Live</h2><p>The first Semi-Fungible Token (SFT) Marketplace is SOL is live! This allows players to mint/buy/sell their assets in-game to evolve their characters!&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Proud to launch the first Semi-Fungible Token (SFT) Marketplace on Solana with <a href="https://twitter.com/genopets?ref_src=twsrc%5Etfw">@Genopets</a> &amp; <a href="https://twitter.com/serum?ref_src=twsrc%5Etfw">@Serum</a>. <a href="https://twitter.com/genopets?ref_src=twsrc%5Etfw">@Genopets</a> players can now mint/buy/sell assets to evolve their in-game character. <br><br>You may be wondering: What is an SFT? Scroll down to learn more! <a href="https://t.co/0G4DXYgKAj">https://t.co/0G4DXYgKAj</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1552396550277578754?ref_src=twsrc%5Etfw">July 27, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>27 July: Magic Eden List is LIVE!</h2><p>Meet Magic Eden List, whitelist management at your fingertips. Creators can now allocate whitelists seamlessly, and collectors can sign up for whitelists with a simple click!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Say hello to the "Magic Eden List", our dedicated whitelist tool for creators and collectors 🤝<br><br>For creators - allocate whitelists to your community seamlessly.<br><br>For collectors - Sign up for whitelists with a click of a button.<br><br>Your one-stop-shop,<br>Magic Eden💜 <a href="https://t.co/CQtPZFEUFF">pic.twitter.com/CQtPZFEUFF</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1552098834549030913?ref_src=twsrc%5Etfw">July 27, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>24 July: SolScan Integration</h2><p>View, trade and research NFTs listed on Magic Eden directly on SolScan. More tools coming soon!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Now LIVE: Explore, research, and trade NFTs directly from <a href="https://twitter.com/solscanofficial?ref_src=twsrc%5Etfw">@SolscanOfficial</a> with the new “View on <a href="https://twitter.com/MagicEden?ref_src=twsrc%5Etfw">@MagicEden</a>” button. 💜 🔎 <br><br>Stay tuned for other exciting trading tools we will be releasing with <a href="https://twitter.com/solscanofficial?ref_src=twsrc%5Etfw">@SolscanOfficial</a> in the coming weeks. 📊 📈 <a href="https://t.co/NnAeEtmacD">pic.twitter.com/NnAeEtmacD</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1549439429256904707?ref_src=twsrc%5Etfw">July 19, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>24 July: Popular Collections Indexing Updates</h2><p>Our Popular Collection stats update every minute! Track floor price movement and sales volumes right from our homepage.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Did you know? 👀<br><br>Our Popular Collection stats refresh every. single. minute.⏰<br><br>Keep track of the collections that have seen the most trade activity, anywhere from the last 5 minutes to the last 30 days. <br><br>Which setting do you prefer?👇 <a href="https://t.co/bPLUqYOf3f">pic.twitter.com/bPLUqYOf3f</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1551230726577655808?ref_src=twsrc%5Etfw">July 24, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>19 July: Ledger Connections</h2><p>Ledger wallet connections are now supported on Magic Eden!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Good news guys!!! We now support ledger wallet connections!! 💜💜💜<br><br>Other big news comin...😉 <a href="https://t.co/pbsP5nmFb5">pic.twitter.com/pbsP5nmFb5</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1549209194800197632?ref_src=twsrc%5Etfw">July 19, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>16 July: NFT Details Pop-Up</h2><p>Hover your cursor over an NFT to view it's details and metadata! More UX/UI upgrades to come.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Hover your cursor over the details button and watch the magic happen 🪄🙈<a href="https://twitter.com/hashtag/RejectHumanityReturnToMonke?src=hash&amp;ref_src=twsrc%5Etfw">#RejectHumanityReturnToMonke</a> <a href="https://t.co/VOc6dNJfBm">pic.twitter.com/VOc6dNJfBm</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1548081291215527943?ref_src=twsrc%5Etfw">July 15, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>8 July: Bulk Sweeping NFTs</h2><p>‘Sweep’ Button now available for users who want to purchase multiple NFTs off the floor! Sweeping 2.0 upgrades coming soon.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">🚨 Attention all sweepoooors 🚨<br><br>We told our engineers that you degens love sweeping floors and they went ahead and added a brand new 'Sweep' Button 🧹 <a href="https://t.co/FiQCUgAx3O">pic.twitter.com/FiQCUgAx3O</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1545428951501344769?ref_src=twsrc%5Etfw">July 8, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>8 July: Speed Speed Speed!</h2><p>Our NFT listing and purchasing speeds are poppin' off! New listings appear within seconds even during times with high site traffic. Quick buy NFTs with a single click and get real-time updates when items get sold out or delisted.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Anyone else feels how lightning quick our site is rn? 🙋⚡<br><br>1️⃣/ New listings now appear within seconds upon refreshing<br>2️⃣/ Get real-time updates when NFTs get sold or delisted<br>3️⃣/ Quick buy any NFT with one click<br><br>Sit tight. this is just a taste of what else we have in store 👀🛠️ <a href="https://t.co/yZ0mvwF0Gp">pic.twitter.com/yZ0mvwF0Gp</a></p>— Magic Ethen 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1545525392374734850?ref_src=twsrc%5Etfw">July 8, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>

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We Always Ship: July

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<p><span style="background-color:transparent;">On April’s Fools this year,&nbsp;</span><a href="https://twitter.com/MagicEden/status/1509919180216147968?s=20&amp;t=TA43ptWQceIH8jYT63AuHA"><span style="background-color:transparent;"><u>we spent 15 min on Canva mocking up a potential Ethereum UI for Magic Eden</u></span></a><span style="background-color:transparent;">. Our community was riveted. Ecstatic, even. Some called us out. Some thought it was real. Mutual internet laughter ensued. We carried on but the community’s response to our ETH entry joke continued to sit with us.</span></p><p><span style="background-color:transparent;"><strong>What if we went to ETH?&nbsp;</strong>To be honest, we hadn’t made that decision yet, but the response&nbsp; crystallized our beliefs that our future was multi-chain. The community had spoken.</span></p><p><span style="background-color:transparent;"><strong>Today, we announce our entry into Ethereum.</strong> This time it’s not a joke. You read that right, we’re for real. We came to this decision after much careful consideration and many long nights at the drawing board. In this post, we share our reasons behind why and how we plan on entering the Ethereum NFT market.</span></p><hr><h2>🪄<span style="background-color:transparent;"><u>Our goal: mass adoption of NFTs</u></span></h2><p><span style="background-color:transparent;">From jpegs of monkes to animated in-game characters, NFTs have evolved as a technology with boundless potential. For creators, it’s a radical way to create value, amplify subcultures, and bypass traditional industry gatekeepers. For collectors, they’re a powerful vehicle for expression and connection.&nbsp;</span></p><p><span style="background-color:transparent;">When we first started Magic Eden, we wanted to ship the best product possible on Solana. In 10 months, we’ve accomplished more than our wildest dreams, including over $2B in cumulative trade volume, representing over 90% of all Solana NFT trades. We serve as the home for over 10,000 collections, have launched 300+ projects on our Launchpad, and grown to over 100 team members around the world. We’ve built a gaming vertical and launched over 60 gaming projects, and are partnering with many more to power their in-game marketplaces. We also recently&nbsp;</span><a href="https://contenthub.magiceden.io/series-b-in-bear-markets-we-build-1"><span style="background-color:transparent;"><u>closed a $130M</u></span></a><span style="background-color:transparent;"> round, to further accelerate our growth across the NFT ecosystem.</span></p><p><span style="background-color:transparent;">This was made possible by all the Solana creators and collectors who placed their trust in us. From the bottom of our hearts,&nbsp;<strong>thank you</strong>.</span></p><p><span style="background-color:transparent;">Our love for NFTs created a deep desire and long-run mission: mass adoption. We want to bring NFTs to people’s everyday life and onboard the next billion users to the blockchain. To do that, we want to cover the ecosystem at large, regardless of chains. Ethereum paved the way for NFTs, period. Ethereum is still the dominant chain by volume for NFTs. There are many vibrant NFT communities built on ETH that all of us collectively admire.&nbsp;</span></p><p><span style="background-color:transparent;">While we don’t expect to stop at two chains, our team decided to enter ETH as the next stop on our journey. Why? We believe we can add value. There are things that can be done to improve the experience for ETH creators and collectors, and there is more that we can do to engage and bring the community closer together. As we journey into ETH, we also understand that we won’t always have the right answer right away, but we will continue our ethos of&nbsp;<i><strong>always listening to the community</strong></i> and&nbsp;<strong>improving from their feedback</strong>.&nbsp;</span></p><hr><h2>🪄 <span style="background-color:transparent;"><u>Journeying through ETH: our roadmap</u></span></h2><p><span style="background-color:transparent;">In comparison to other chains, the Ethereum NFT ecosystem is mature. But, there’s always room for improvement. We’ve identified several pain points. And we believe that&nbsp;<strong>we can address them and drastically scale the size of the community.&nbsp;</strong></span></p><h3><span style="background-color:transparent;"><strong>Challenge: Today, creators and collectors still need to do too much on Ethereum to launch collections and trade NFTs.&nbsp;</strong></span></h3><h3><span style="background-color:transparent;"><strong>This should be simple.&nbsp;</strong></span></h3><p><span style="background-color:transparent;">For NFT launches, creators have to stand up their mints from scratch. They also have to find third party platforms to facilitate their whitelist collection. All this takes away from creators being able to stay focused on their art and community. On secondaries, collectors need to work across a fragmented set of Chrome plug-ins and analytics tools to make basic trading decisions, preventing many people from becoming collectors.</span><br>&nbsp;</p><h3><span style="background-color:transparent;"><strong>Solution: Offer both creators and collectors the support needed across the end-to-end user journey.&nbsp;</strong></span></h3><p><span style="background-color:transparent;">We will provide the single, best destination for both NFT creators and collectors. For creators, we will provide the support necessary to launch new collections and grow communities. For collectors, we will provide the best-in-class user experience to discover, own, and trade NFTs.&nbsp;</span></p><p>&nbsp;</p><h4><span style="background-color:transparent;"><u>Our ETH Roadmap: A phased approach</u></span></h4><p><span style="background-color:transparent;"><strong>We will take a phased approach to adding new offerings for Ethereum.</strong></span><br><span style="background-color:transparent;"><strong>Phase 1: Discover and trade ETH collections</strong></span></p><p><span style="background-color:transparent;">The first phase will allow ME users to discover and trade ETH collections on the secondary market.&nbsp;</span><br>&nbsp;</p><ul><li><span style="background-color:transparent;"><strong>Magic Eden List:&nbsp;</strong>We are debuting a<strong> free whitelist and raffle tool right on ME</strong>, supporting both SOL and ETH collections. Creators can easily reach their audiences and plan launches seamlessly. This will be live by 8/3. Creators can go to our&nbsp;</span><a href="http://creators.magiceden.io"><span style="background-color:transparent;"><u>Creator Hub</u></span></a><span style="background-color:transparent;"> to apply to be on the drop calendar and create a whitelist.</span><br>&nbsp;</li><li><span style="background-color:transparent;"><strong>Drop Calendar:&nbsp;</strong>We know NFT enthusiasts love drop calendars, and we don’t think a holistic one exists on ETH. It’s an obvious win to everyone to see all upcoming launches on ETH.&nbsp;</span><br><br><span style="background-color:transparent;">Any ETH creators will be able to apply to show up on our ETH drop calendar by registering&nbsp;</span><a href="https://magiceden.io/drops"><span style="background-color:transparent;"><u>here</u></span></a><span style="background-color:transparent;">.</span><br>&nbsp;</li><li><span style="background-color:transparent;"><strong>Buying SOL NFTs with ETH:&nbsp;</strong>In the coming week, we’ll add functionality where users can purchase SOL NFTs with ETH, with credit card to come after.</span><br>&nbsp;</li><li><span style="background-color:transparent;"><strong>ETH private beta:&nbsp;</strong>We are releasing our ETH private beta in the upcoming weeks to browse and purchase ETH NFTs with their choice of ETH, SOL, or credit card.&nbsp;</span><a href="https://form.asana.com/?k=VqRfmkRY_o7f6QITFNIOsw&amp;d=1201548672850509"><span style="background-color:transparent;"><u>Provide us your details</u></span></a><span style="background-color:transparent;"> if you’d like to join! We’ll choose a selection of folks from the submissions.</span></li></ul><p>&nbsp;</p><p><span style="background-color:transparent;"><strong>Phase 2: Launch new ETH collections</strong></span></p><p><span style="background-color:transparent;">The second phase in mid-August will bring our full-service offerings to new ETH launches.</span></p><p>&nbsp;</p><ul><li><span style="background-color:transparent;"><strong>Launchpad:&nbsp;</strong>We believe the current meta of creators launching from scratch could, and should, change. Creators on ETH confirmed our belief that a Launchpad service would be very welcomed.&nbsp;</span></li></ul><p style="margin-left:40px;"><span style="background-color:transparent;">We will give the same full-service NFT minting support that launched many top SOL collections for ETH creators. At this time, we’re happy to share that we will be launching&nbsp;</span><a href="http://twitter.com/ezu_xyz"><span style="background-color:transparent;"><u>EZU</u></span></a><span style="background-color:transparent;">, the sister collection from&nbsp;</span><a href="https://psychedelicsanonymous.com/"><span style="background-color:transparent;"><u>Psychedelics Anonymous</u>&nbsp;</span></a><span style="background-color:transparent;">as our first ETH collection.&nbsp;</span></p><p style="margin-left:40px;"><span style="background-color:transparent;">If you’re interested in launching with us, we are actively taking applications&nbsp;</span><a href="https://airtable.com/shrMhMDpcvt9nB6cu"><span style="background-color:transparent;"><u>here</u></span></a><span style="background-color:transparent;">.</span></p><p>&nbsp;</p><p><span style="background-color:transparent;"><strong>Phase 3 &amp; Beyond: More surprises in store!</strong></span></p><p><span style="background-color:transparent;">We are in talks with the top collections on ETH to forge long-term partnerships, whether to build their custom marketplaces, work on co-marketing initiatives together, or something else entirely.&nbsp;</span></p><p><span style="background-color:transparent;">We are committed to continually improving and building awesome new products for the ETH ecosystem. As we learn from what you, our community, tells us, we will deliver on your needs to create a better experience for all NFT creators and collectors.</span></p>

Magic Eden expands to Ethereum, ushering in a Multi-chain future. 

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Magic Manifesto: On Adding Ethereum & Our Future Vision 

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<p>On July 11th, <a href="https://magiceden.io/creators/immutable_image?utm_source=press-release&amp;utm_medium=blog&amp;utm_term=immutable-image&amp;utm_content=&amp;utm_campaign=partnership-marketing" target="_blank" rel="noopener noreferrer"><strong>Immutable Image</strong></a><strong> </strong>is excited to return to&nbsp;<strong>Magic&nbsp;Eden</strong>’s <a href="https://magiceden.io/launchpad?utm_source=press-release&amp;utm_medium=blog&amp;utm_term=immutable-image&amp;utm_content=&amp;utm_campaign=partnership-marketing" target="_blank" rel="noopener noreferrer">Launchpad</a> for another special NFT photography event:&nbsp;<strong>The Legends Mint</strong>. This time, we have partnered with<strong>&nbsp;Canon U.S.A.</strong> to bring world-class iconic photography from their&nbsp;<strong>Canon Legends </strong>exclusively to the Solana community.</p><p>Each mint delivers a unique edition of an amazing Solana NFT Photograph. It’s a very fun and fair way to introduce collections to a wider collector base and it’s why we love doing this on Magic Eden’s Launchpad.&nbsp;</p><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/n7ciIEIdxSM" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></div><p>And today, we’re excited to reveal all the images in the mint! Featuring seven iconic photographers (six having their genesis mints), they are offering up 71 images in edition sizes ranging from coveted 1/1’s to a maximum of 50. It’s quite an offering that we’re very proud of, so be sure to check out the&nbsp;<a href="https://www.immutableimage.com/collections/the_legends_mint">collection page on our website</a> to explore the full set of images and their complete information, including the percentage chance of minting.&nbsp;</p><figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/1ceb4b04-ad82-426a-5d8b-92e1ab7eea00/public"></figure><figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/527e9b07-e759-49a1-bc6c-dbcd508d0b00/public"></figure><p>We believe this collection, offered in this way, adds value to the world of photography, collectible NFT art, and the Solana community. We have worked closely with the following photographers and Canon for the past few months to curate this.&nbsp;<br><strong>Click on their names to learn more about the remarkable careers of each:</strong></p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/sam_abell"><strong>Sam Abell</strong></a></p><p style="text-align:center;">National Geographic magazine photographer</p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/barbara_bordnick"><strong>Barbara Bordnick</strong></a></p><p style="text-align:center;">Internationally renowned portrait and fashion photographer</p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/gregory_heisler"><strong>Gregory Heisler</strong></a></p><p style="text-align:center;">"The eye of an artist, the mind of a scientist, and the heart of a journalist"</p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/ryszard_horowitz"><strong>Ryszard Horowitz</strong></a></p><p style="text-align:center;">Pioneer of special effects photography</p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/walter_iooss_jr"><strong>Walter Iooss Jr.</strong></a></p><p style="text-align:center;">"The Rembrandt of sports photography"</p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/melvin_sokolsky"><strong>Melvin Sokolsky</strong></a></p><p style="text-align:center;">One of the great editorial fashion photographers of our time</p><p style="text-align:center;"><a href="https://www.immutableimage.com/artists/joyce_tenneson"><strong>Joyce Tenneson</strong></a></p><p style="text-align:center;">A master of the haunting, ethereal, mystical photographic style</p><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/NzwpQA2fM6o" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></div><p>The participating artists are all official&nbsp;<strong>Canon Legends</strong>.&nbsp;The Canon Legends is a program created by Canon to honor and preserve the legacy and leadership of some of the most accomplished photographers of our time. All of the Legends participating in this NFT collection have made a profound impact within the imaging industry and are leaders within their respective genres of photography. Canon is supporting this event, foregoing any revenue, by introducing the Canon Legends to the NFT ecosystem and spreading the word about #nftphotography to a broader community.</p><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/yQAIISQu938" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></div><p>At Immutable Image, we firmly believe that NFTs/Web3 is still only beginning and that great, authentic art, direct from the artists, will survive as the ecosystem develops and grows. Great art always wins! Digital Prints are a vital new category for photographers, old and new, to support themselves and create new work for the future. And, for collectors like yourself, it allows you to appreciate art and collect in ways never before available. It’s why many of our “drops” have been against the grain, tailored not for the short-term but to build a long-term and broader community in this new ecosystem. It’s&nbsp;why, while we’re blockchain-agnostic, we’ve&nbsp;been “Solana-first” for over a year, deeply integrated into its ecosystem from protocols to people, and committed to bringing great photography with pedigree onto this chain.</p><p>This one-of-a-kind event is your chance to begin or grow your NFT photography collection with some genuinely legendary imagery.&nbsp;&nbsp;</p><p>Thank you so much for giving this a look; we hope you’ll check it out!</p><p><strong>—Immutable Image</strong></p><p>&nbsp;</p><h3>Drop Info:</h3><p><strong>Drop Date and Time: July 11th, 2022</strong></p><ul><li>Tier 1: 6:50 PM UTC</li><li>Tier 2: 7:20 PM UTC</li><li>Public: 8:20 PM UTC</li><li>Total Image Supply: 71</li><li>Minimum Edition Size: 1/1 (a total of eight are included in this release)</li><li>Maximum Edition Size: 50</li><li>Total Edition Supply: 1,618</li><li>Price Per Mint:&nbsp; 2 SOL</li></ul><p>&nbsp;</p><p><strong>Additional Information:</strong></p><ul><li>We have two tiers of allowlists for this mint. The best way to learn more and participate is to join our community on&nbsp;<a href="https://discord.com/invite/Pwx5QVfpK2">Discord</a>.&nbsp;</li><li>On&nbsp;<strong>July 7th</strong>,&nbsp;join us for a <strong>very special&nbsp;Artist Round Table</strong> on&nbsp;<a href="https://twitter.com/immutableimage">Twitter</a> Spaces hosted by Magic Eden.</li></ul>

Immutable Image Reveal Of The Legends Mint: A Collaboration With Canon U.S.A. Bringing World-Class Photography Exclusively To Launchpad. 

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Immutable Image: The Legends Mint

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<p>Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team. A big shoutout to our community — we implemented these features thanks to your&nbsp;<a href="https://twitter.com/MagicEden">@MagicEden</a> and feedback — so, keep them coming! We appreciate you.</p><p>Here’s a round-up of features:</p><h2>27 June: Floor Price Chart Goes PRO</h2><p>We've introduced “Pro Mode” for users who wish to have a more granular view of a collection's floor price movement.</p><p>More features will be added in the upcoming weeks.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">❗️CALLING ALL PRO/NOVICE TRADERS❗️<br><br>Time to put your chart plotting skills to the test!<br><br>Trade your NFTs with our newest Floor Price chart in Pro Mode.<br><br>What other tools would you like to see? 👀👇 <a href="https://t.co/MqiCy5KkNT">pic.twitter.com/MqiCy5KkNT</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1541457641808986114?ref_src=twsrc%5Etfw">June 27, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>22 June: Popular Collections UI Revamp</h2><p>Our Popular Collections section got a major overhaul! We are continually working on implementing UI/UX changes to improve our customer experience.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Our Popular Collections just went through an extreme makeover 💅 Buckle up, we’ve got more UI upgrades coming soon 👀<br><br>How do you like ME now? <a href="https://t.co/HD4kL9yX9C">pic.twitter.com/HD4kL9yX9C</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1539734368012435476?ref_src=twsrc%5Etfw">June 22, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>21 June: Celebrating 20,000,000+ SOL Volume!</h2><p>We hit a total of 20M+ of SOL Volume traded on Magic Eden! A huge milestone for us, and we couldn't have done it without our community.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">WE JUST HIT ANOTHER MILESTONE! 20,000,000 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SOL</a> IN TOTAL VOLUME, LFG 🚀<br><br>It took us 7 months to get to 10mil, and only 2 months to double that number. All thanks to you guys, it really is <a href="https://twitter.com/hashtag/SolanaSummer?src=hash&amp;ref_src=twsrc%5Etfw">#SolanaSummer</a> 💜🌴 <a href="https://t.co/KoLZAt5TNm">pic.twitter.com/KoLZAt5TNm</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1539385822788591622?ref_src=twsrc%5Etfw">June 21, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>21 June: Launchpad Retrospective</h2><p>Launchpad as a business is tough. In this ever-changing market, we talk about what Magic Eden Launchpad means for us and it's impact on our ecosystem.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">1/ Over the last few months, we’ve received plenty of feedback about both Magic Eden Launchpad, and the impact it has on collections and collectors<br><br>This thread aims to clarify how we view our launchpad and its role in the ecosystem 👇</p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1539335341806690305?ref_src=twsrc%5Etfw">June 21, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>20 June: Whitelist Management Tool Beta Launch</h2><p>We kicked off our Whitelist Management Tool beta launch with Yeah Tigers. Sign up for your whitelists by simply connecting your wallet, signing in, and linking your Discord account.</p><p>Stay tuned for more upcoming launch partners.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Nothing to see here 👀 - just your casual sunday afternoon. Testing out our newest feature with <a href="https://twitter.com/yeahtigers?ref_src=twsrc%5Etfw">@yeahtigers</a> 😛<br><br>What did you guys think of it? <a href="https://t.co/IQWdmwYHXy">pic.twitter.com/IQWdmwYHXy</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1538594495788462082?ref_src=twsrc%5Etfw">June 19, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>17 June: V2.7.0 Mobile App Update</h2><p>Our Mobile App team have been killin' it! In our latest update, users are now able to enable in-app notifications for all marketplace activity. This includes watchlisted collections hitting users' preset floor price threshold limits.</p><p>The Magic Eden Mobile App is available for download on&nbsp;<a href="https://apps.apple.com/us/app/magic-eden-nft-marketplace/id1602924580">iOS</a> and&nbsp;<a href="https://play.google.com/store/apps/details?id=io.magiceden.android&amp;hl=en_SG&amp;gl=US">Android</a>!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">We’re back at it again, bringing you the freshest mobile updates!<br><br>What’s new in our latest Mobile App v2.7.0 update?👇👀 <a href="https://t.co/xXSYfkGa9o">pic.twitter.com/xXSYfkGa9o</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1537577250354257920?ref_src=twsrc%5Etfw">June 16, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>16 June: Launchpad Customized Launch Solutions</h2><p>There are several post-mint NFT reveal methods that have become popular recently. Magic Eden aims to give creators the freedom to choose from several launch options.</p><p>Here is our list of customized launch solutions.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">We piloted various post-mint NFT reveal options with our Launchpad creators over the past weeks<br><br>On <a href="https://twitter.com/hashtag/MagicEdenLaunchpad?src=hash&amp;ref_src=twsrc%5Etfw">#MagicEdenLaunchpad</a>, we believe in working closely with our Creators &amp; giving them the freedom to choose from several options 💜<br><br>Here’s a list of our customized launch solutions👇🏼 <a href="https://t.co/wMiKTMfVaN">pic.twitter.com/wMiKTMfVaN</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1537223688957087745?ref_src=twsrc%5Etfw">June 16, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>11 June: List NFTs in ~3 Seconds</h2><p>New upgrades to our marketplace! Listing your NFT now takes ~3 seconds upon confirming the transaction from your wallet.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">We said we’d deliver and that’s what we’re doing 🤝<br><br>It now takes ~3 seconds for you to list your NFT on our marketplace 🐐⚡️<br><br>More updates coming. It’s build season. <a href="https://t.co/55txJ06c1y">pic.twitter.com/55txJ06c1y</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1535655611266142209?ref_src=twsrc%5Etfw">June 11, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>

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We Always Ship: June

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<p>Magic Eden will become more fully integrated in your Phantom wallet experience so that you can soon trade directly on our marketplace and receive rich notifications about your favorite NFTs.&nbsp;</p><p>We all begin our web3 journey with a crypto wallet. Through this partnership, millions of Phantom’s users will become more connected to the Solana NFT ecosystem.&nbsp;</p><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/g5UwWE2Hvno" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe></div><p>In the latest Phantom wallet release, users can begin receiving push notifications about their NFT bids and transactions on their iOS and Android devices. In another first for the web3 ecosystem, users can also list NFTs directly and exclusively on Magic Eden from their browser-connected Phantom wallet. Additional features and functionality will be released in the coming months.&nbsp;</p><p>“Magic Eden has set an industry standard for being a marketplace that provides cutting-edge infrastructure that enables anyone to seamlessly enter Web3 via an intuitive experience for art, gaming, sport, music and more. This collaboration will provide a vital upgrade to the onboarding experience while enabling our users to access their marketplace. We look forward to collaborating on accelerating NFT adoption and utility together,” said Brandon Millman, CEO of Phantom.&nbsp;</p><div class="raw-html-embed"><iframe width="560" height="315" src="https://www.youtube.com/embed/haKi3Is97AA" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen=""></iframe>
</div><p>Phantom is available as an in-browser app (on Chrome, Brave, Firefox and Edge) and on iOS and Android devices, allowing users to manage their digital assets and access Solana-based apps (such as Magic Eden). Talk about interconnection between two of Solana’s greatest ecosystem partners. In January, Phantom raised $109 million in a Series B funding round, earning the project its unicorn status. Just a little over a year since their beta launch, Phantom has already seen explosive growth.&nbsp;</p><p>“As leaders of the Solana blockchain, Magic Eden and Phantom both recognise the need to build better bridges between the mainstream world and DeFi. Together, we hope to scale the growth of the Solana community by increasing ease of use, convenience and access to more NFTs. '' said Zhuoxun Yin, Co-Founder of Magic Eden.&nbsp;&nbsp;</p><p><i>If you’re not a Phantom user yet or you’d like to teach someone how to create a Phantom wallet, we have the perfect video for you!&nbsp;</i><a href="https://www.youtube.com/watch?v=BiZJDWgxIvs"><i>Watch</i></a><i> this and set someone on the glorious path of non-fungible tokens (NFTs).&nbsp;</i></p><p><br>&nbsp;</p>

Leading crypto wallet provider, Phantom, and fast-growing Solana NFT marketplace, Magic Eden, partner up to create enhance browser and mobile experiences for NFT lovers on Solana.

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Say gm to the future of greater integrated NFT experiences

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<p><strong>We’re going cross-chain, baby!&nbsp;</strong></p><p>Before we dive in, here’s some alpha: Win allowlist spots via Metalink.&nbsp;</p><p>On June 13, the creators behind <a href="https://bit.ly/3xnn5Cj" target="_blank" rel="noopener noreferrer">Catalina Whales</a>, <a href="http://twitter.com/WAGMIBeach" target="_blank" rel="noopener noreferrer">WAGMI Beach</a>, will launch their second drop:&nbsp;<a href="https://twitter.com/bubblegoosexyz" target="_blank" rel="noopener noreferrer">Bubblegoose Ballers</a>. Bubblegoose Ballers is the brainchild of legendary animation producer&nbsp;<a href="https://twitter.com/iamcarljones">Carl Jones</a>, most known for The Boondocks and Black Dynamite.&nbsp;</p><p>Holders will gain access to exclusive merchandise and a seat at the writing table with Carl Jones. <strong>Together, the Bubblegoose Ballers community and WAGMI Beach will bring the aspirational stories of these </strong><i><strong>goosey geese </strong></i><strong>in bubble coats, which have lived in Jones’ sketchbooks for decades, to life. </strong>This partnership ties into WAGMI Beach’s mission to onboard prolific creators and IP holders into web3. WAGMI Beach is intent on working collaboratively with Solana to leverage popular culture to onboard the next 100m users into crypto. And, we’re all for accelerating the mass adoption of NFTs.&nbsp;</p><p>&nbsp;</p><figure class="image image-style-align-center image_resized" style="width:75%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/c431f12f-4fd1-4a06-b892-c68d72a20200/public"></figure><p>&nbsp;</p><p>Magic Eden has decided to offer ETH minting capabilities due to the convergence of ETH and SOL ecosystems. No doubt, there's been an increased demand from ETH NFT traders and investors. Recent data has shown that due to increased volatility, SOL NFT markets have been a constant store of value for users,&nbsp; which has led to an influx of liquidity from Ethereum to Solana. We’re partnering with Crossmint to diligently remove friction points for ETH native users and offer compatibility for a portion of the upcoming Bubblegoose Ballers mint.&nbsp;</p><p>Crossmint is a crypto-native, NFT infrastructure provider, who will assist in&nbsp;enabling an <strong>allowlist of 150 users to mint their Bubblegoose collection utilizing a Metamask wallet and paying in ETH for the mint</strong>.&nbsp;Bubblegoose has selected Metalink, the premiere platform for NFT communities, as its partner to give away the allowlist spots in advance of Metalink's integration with Solana.&nbsp;Crossmint delivers seamless cross-chain NFT purchases, enabling Ethereum native users to purchase Solana NFTs directly with Metamask and ETH and creating Solana wallets instantly in the backend.</p><p><strong>In addition to the ability of minting in ETH, you’d be able to mint in SOL on&nbsp;</strong><a href="https://bit.ly/3NEkZFm"><strong>Magic Eden’s Launchpad</strong></a><strong> as per usual.&nbsp;</strong></p>

Magic Eden is integrating ETH minting with the upcoming Bubblegoose Ballers NFT launch from WAGMI Beach, the creators behind Catalina Whales. 

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Going cross-chain with Bubblegoose Ballers 

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<p>Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team. A big shoutout to our community — we implemented these features thanks to your&nbsp;<a href="https://twitter.com/MagicEden">@MagicEden</a> and feedback — so, keep them coming! We appreciate you.</p><p>Here’s a round-up of features:</p><h2>31 May: Attribute Filter Upgrade</h2><p>Filter through NFTs better: Search for specific attributes (i.e mutant, gold, purple hat) by typing out the ones you’re looking for!&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Searching for your favorite NFTs just got a lot simpler 🔎👀<br><br>Look for specific attributes by typing them directly into the Attributes Filter! ⌨️<br><br>Check it out in action 👇 <a href="https://t.co/hRNm7SExXG">pic.twitter.com/hRNm7SExXG</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1531717767225049088?ref_src=twsrc%5Etfw">May 31, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>26 May: SPL Token Auctions ft. Famous Fox Federation</h2><p>Tired of using $SOL all the time? Want something to do with your $FOXY? We’ve just integrated the ability to host auctions with the use of SPL Tokens! Thank you to <a href="https://contenthub.magiceden.io/spl-token-auction-bid-in-foxy" target="_blank" rel="noopener noreferrer">Famous Fox Federation</a> for being our partner for the first SPL token auction on Magic Eden!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">🟠 Fresh out the oven - We've partnered up with fellow builders at <a href="https://twitter.com/FamousFoxFed?ref_src=twsrc%5Etfw">@FamousFoxFed</a> to host our first ever SPL Token Auction! 🔨🦊 This is just the beginning, more token integrations coming 👀👷<br><br>More info: <a href="https://t.co/Z57i7wDgT0">https://t.co/Z57i7wDgT0</a> <a href="https://t.co/iNFHk21BG6">pic.twitter.com/iNFHk21BG6</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1529841465308114944?ref_src=twsrc%5Etfw">May 26, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>22 May: V2.6.0 Mobile App Update</h2><p>More upgrades have been added to our mobile app! Minting on mobile has never been easier. Users will now be redirected to the Phantom Wallet mobile app to mint Launchpad Drops.</p><p><br>The Magic Eden Mobile App is available for download on&nbsp;<a href="https://apps.apple.com/us/app/magic-eden-nft-marketplace/id1602924580">iOS</a> and&nbsp;<a href="https://play.google.com/store/apps/details?id=io.magiceden.android&amp;hl=en_SG&amp;gl=US">Android</a>!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">NEW MOBILE APP UPDATES 📱🚀<br><br>Some big ups to lift up spirits in the stormy market<br><br>1/ MOAR stats! Mobile collection pages now display Total Supply of that collection as well as the total number of Unique Holders <a href="https://t.co/fJjNkxQG4B">pic.twitter.com/fJjNkxQG4B</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1528047831369785345?ref_src=twsrc%5Etfw">May 21, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>15 May: Collection Stats Page</h2><p>Bring your NFT trading to the next level with our new stats page. Use the analytic tools provided to help yourself make informed trading decisions!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">HOW TO BE AN INFORMED DEGEN 1O1🚀<br><br>Collection pages now include a new "Stats" tab, giving you access to insights on your favorite NFTs 👀<br><br>You guys wanted more graphs and stats, right? Now... what do we have here? 👇 <a href="https://t.co/5ibIjJJL6x">pic.twitter.com/5ibIjJJL6x</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1525545591111307264?ref_src=twsrc%5Etfw">May 14, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>12 May: Bidding on Unlisted NFTs</h2><p>Users are now able to make bids on NFTs that are sitting in a wallet - NOT listed on any marketplace. Simply head to a collection page, select “All Items” and make a bid.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Ever dreamed of purchasing an unlisted NFT? 👀<br><br>Well, NOW YOU CAN!🎉🚀<br><br>Introducing Unlisted Bidding! Users can now make bids on unlisted NFTs in 2 simple steps:<br><br>1. Select "All Items" on the collection page <a href="https://t.co/0mcW3bMGfk">pic.twitter.com/0mcW3bMGfk</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1524468701176623104?ref_src=twsrc%5Etfw">May 11, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>8 May: Collection Page Live Updates</h2><p>Collection pages now reflect real-time updates. Watch floors get swept right in front of your eyes!</p><p>Users need to connect their wallet and sign in to their Magic Eden Profile.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">HEY FLIPPORS, we've just released one of our most degen features yet - LIVE Collection Page updates 👀<br><br>Watch floors get swept IN REAL TIME, simply connect your wallet &amp; sign in to your Magic Eden Profile<br><br>Which collections do you think need sweeping? 🧹👇my brooms are ready 🚀 <a href="https://t.co/yuWJ9KUrxL">pic.twitter.com/yuWJ9KUrxL</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1523049383927115777?ref_src=twsrc%5Etfw">May 7, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>4 May: Self-Service Auctions</h2><p>Host your own auction and get the best prices out of your NFTs with our newest Self-Service Auctions Tool! Set your own auction duration, start date &amp; time as well as your starting bid price.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">NEW FEATURE UPDATE 🔥<br><br>Ready your gavel! Get the best price out of your NFTs with our newest Self-Service Auctions feature!<br><br>Here's how you do it! 👇 <a href="https://t.co/h1vShkCyFU">pic.twitter.com/h1vShkCyFU</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1521596305273135104?ref_src=twsrc%5Etfw">May 3, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>2 May: V2.4.0 Mobile App Update</h2><p>We’ve added more tools onto our mobile app! Users can now view collection floor price charts and also add their favorite NFTs to their watchlist!</p><p><br>The Magic Eden Mobile App is available for download on&nbsp;<a href="https://apps.apple.com/us/app/magic-eden-nft-marketplace/id1602924580">iOS</a> and&nbsp;<a href="https://play.google.com/store/apps/details?id=io.magiceden.android&amp;hl=en_SG&amp;gl=US">Android</a>!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">1/ Magic Eden V2.4.0 Mobile App Update<br><br>Price charts have GONE MOBILE - now you can be THAT degen that reads charts on their phones! 📈 <a href="https://t.co/CvO9gXqgn7">pic.twitter.com/CvO9gXqgn7</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1520853838860750848?ref_src=twsrc%5Etfw">May 1, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><p><br>&nbsp;</p>

We Always Ship: May

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<p><strong>Magic Eden introduces SPL-token auctions. We’re partnering with collections to put the ‘lit’ in utility. First up, our friends at </strong><a href="https://magiceden.io/creators/famous_fox_federation" target="_blank" rel="noopener noreferrer"><strong>Famous Fox Federation</strong></a><strong> (FFF).&nbsp;</strong></p><p><strong>$FOXY</strong>&nbsp;is Famous Fox Federation’s (FFF) utility token, used to access FFF’s tools. $FOXY can be used for everything within the Fox ecosystem — from FoxySwap to rafffles — now,&nbsp;<strong>you can use $FOXY to bid on Saint Fox, a 1/1 NFT</strong>&nbsp;by artist&nbsp;<a href="https://twitter.com/nyaumon">@nyaumon</a>.&nbsp;</p><figure class="table"><table><tbody><tr><td><h4>Key Details</h4><p>Auction Starts&nbsp;🦊:&nbsp;26th of May, 2022.&nbsp;</p><p>Auction Duration ⏰: 72H</p><p>Starting Bid 🪙: 100.00 $FOXY</p><p>Bid Increment&nbsp;🟠: 1.00 $FOXY</p></td></tr></tbody></table></figure><h4>How to Bid with $FOXY</h4><figure class="image image-style-align-center image_resized" style="width:50%;"><img src="https://imagedelivery.net/E-VnZk4fwouzlzwX_qz4fg/144d9be2-5e53-419c-6173-208eb36fcd00/auction"></figure><p style="text-align:center;"><a href="https://magiceden.io/auction/saint_fox" target="_blank" rel="noopener noreferrer"><strong>Saint Fox</strong></a></p><ol style="list-style-type:decimal;"><li>Go to the&nbsp;<a href="https://magiceden.io/auction/saint_fox">Saint Fox auction</a> page on Magic Eden.&nbsp;</li><li>Connect your wallet and place a bid. The bid must be at least 1.00 FOXY greater than the current bid.&nbsp;</li><li>You will automatically get your FOXY returned to your wallet if you've been outbid.&nbsp;</li><li>If a bid is received 300 minutes from the end of the auction, the bidding time will be extended by 300 minutes.&nbsp;</li><li>When the auction closes, the artwork will belong to the highest bidder. Please claim the NFT by pressing the “claim item” button.&nbsp;</li></ol><p style="text-align:center;">&nbsp;</p><h4><i><strong>“With or without holding a fox, we envisioned $FOXY to be accessible and widely adopted. Magic Eden is the most widely used secondary marketplace on Solana, so integrating $FOXY to Magic Eden felt organic. A great win for both parties, as we both aim to provide more value to the Solana ecosystem.” — Famous Fox Federation</strong></i></h4><hr><p><a href="https://magiceden.io/marketplace/famous_fox_federation"><strong>Famous Fox Federation</strong></a> is a collection of 7,777 (from over a million combinations) randomly generated and stylistically generated NFTs that exist on the Solana Blockchain.&nbsp;</p><p>They’re one of the most active builders on Solana. Their most recent utility launched is FoxyShare, which allows transfers of tokens and Solana to multiple addresses at once. Other notable tools built: Ding!, an NFT messaging service, the Famous Token Market, Rafffle, and of course, FoxySwap.&nbsp;</p>

We've partnered up with fellow builders at Famous Fox Federation to host our first ever SPL Token Auction! 

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SPL Token Auction: Bid in $FOXY 

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<p>Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team. A big shoutout to our community — we implemented these features thanks to your <a href="https://twitter.com/MagicEden">@MagicEden</a>(s) and feedback — so, keep them coming! We appreciate you.</p><p>Here’s a round-up of features:</p><h2>27 April: Watchlist Improvement</h2><p>With our watchlists feature, you can track the floor price and listings of your favorite collections. Stay up to date with the in-app notifications you’ll receive whenever these thresholds are met.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">⚠️MORE. UPDATES. COMING.⚠️<br><br>Our watchlists just got a whole lot better.<br><br>We’ve just shipped the ability to track Floor Price &amp; Listings on your favorite collections!<br><br>Stay up to date and receive in-app notifications whenever these thresholds are hit!🔔📈 <a href="https://t.co/kTuMioyyar">pic.twitter.com/kTuMioyyar</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1519404086554394624?ref_src=twsrc%5Etfw">April 27, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>20 April: Drop Calendar Updates</h2><p>Now you can toggle between card &amp; list view. Both views are redesigned for all display sizes. You can also view projects in whatever order you want — sort them through alphabetical order, by number of upvotes or by mint date. And when you’re done navigating onto a dedicated drop page, you’ll return to where you were scrolling.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">DROP CALENDAR UPDATES LETS GOOOO! 👀👇<br><br>1/ Toggle between card &amp; list view. Both views are redesigned for all display sizes 🖼️ <a href="https://t.co/uWqMtLS4NW">pic.twitter.com/uWqMtLS4NW</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1516918627903373313?ref_src=twsrc%5Etfw">April 20, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>20 April: More Mobile Updates!&nbsp;</h2><p>Users that update their app to V2.2.2 and connect their profile will be able to receive mobile push notifications whenever: (1) they receive an offer on their listed NFTs, (2) their bids on NFTs are accepted, and (3) one of their NFTs sells. And we switched up the design for our mobile drop calendar because who doesn't love a clean &amp; aesthetic UI?</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">🎊 WE'VE CROSSED OVER 100,000 iOS APP DOWNLOADS! 🎊<br><br>We're proud to bring you our latest V2.2.2 (on a TWO-sday) Mobile App update! <a href="https://t.co/Rf2MaJiJCv">pic.twitter.com/Rf2MaJiJCv</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1516588927444041730?ref_src=twsrc%5Etfw">April 20, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>15 April: Bulk Updates</h2><p>Sweep floors with our newest bulk bidding and purchasing feature. You can also change your listing prices of up to 5 NFTs at one go!&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">🐳🐳🐳 what do we have here...<br><br>BULK BULK BULK UPDATES</p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1515087952288034819?ref_src=twsrc%5Etfw">April 15, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>14 April: Mobile Updates</h2><p>We improved collection filtering and with the addition of mobile drop calendar notifications, you can track the 15 most upvoted projects, and get push notifications when their drop is live!&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">MOBILE APP UPDATES LFG 📱🚀<br><br>What better way to keep up with NFTs when you're on-the-go🚶or when you're having your me-time🚽?<br><br>We've made a couple of updates to our Magic Eden Mobile App, and here's what you can expect 👇 <a href="https://t.co/SKe6mwwfOC">pic.twitter.com/SKe6mwwfOC</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1514676065670930432?ref_src=twsrc%5Etfw">April 14, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>12 April: Offers Made Upgrade</h2><p>We upgraded the way you make offers and bid on NFTs on&nbsp;<a href="https://magiceden.io/">Magic Eden</a>. Learn of these improvements&nbsp;<a href="https://contenthub.magiceden.io/me-upgrade-offers-made">here</a>.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">📈ANOTHA ONE📈<br><br>Offer Bidding UI Update 🤩👀<br><br>We're proud to introduce the latest UI updates when making offers on NFTs, which aims to make the entire bidding experience more seamless and normie-friendly<br><br>Head over to our blog post to see how it works!👀<a href="https://t.co/EglHLFhA1F">https://t.co/EglHLFhA1F</a> <a href="https://t.co/svpPH11i6j">pic.twitter.com/svpPH11i6j</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1513971657421242372?ref_src=twsrc%5Etfw">April 12, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>9 April: URL Embeds</h2><p>If you send a URL of an NFT or a collection (for example, on Discord), the corresponding embedded image will be of the NFT or icon respectively.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">🚨📢UPDATE ALERT 📢🚨<br><br>If you send a URL of an NFT or a collection, the corresponding embedded image will be of the NFT or icon respectively 💜<br><br>Made possible by these beasts: <a href="https://twitter.com/Rhino2333?ref_src=twsrc%5Etfw">@Rhino2333</a> <a href="https://twitter.com/zhouzhuojie?ref_src=twsrc%5Etfw">@zhouzhuojie</a> <a href="https://t.co/EQTRb8SXeJ">pic.twitter.com/EQTRb8SXeJ</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1512909933108674560?ref_src=twsrc%5Etfw">April 9, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>8 April: Top Upvoted Collections Carousel</h2><p>Projects that users have upvoted are displayed on a carousel right on the Magic Eden homepage. Check community sentiment right before a drop!&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">WE HEAR YOU GUYS! 📢📢<br><br>Projects that YOU have upvoted will now be displayed on a Carousel right on the homepage! 🥳<br><br>This is a great way to spot dedicated communities right before a drop! (DYOR 💜)<br><br>KEEP THE FEEDBACK ROLLING IN, and we'll be sure to work on makin em happen👇 <a href="https://t.co/Qo4bGSfzaW">pic.twitter.com/Qo4bGSfzaW</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1512432842382647304?ref_src=twsrc%5Etfw">April 8, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>7 April: Price Chart</h2><p>Examine price histories of your favorite NFT collections and figure out when exactly they moon-ed right from the "Activity" tab.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Seems like you degens were up late last night playing with our newest feature 👀 <br><br>That's right, you can now examine price histories of your favourite collections and figure out when exactly they moon-ed right from the "Activity" tab 📈 <br><br>Built by: <a href="https://twitter.com/teebszet?ref_src=twsrc%5Etfw">@teebszet</a> &amp; <a href="https://twitter.com/Rhino2333?ref_src=twsrc%5Etfw">@Rhino2333</a> <a href="https://t.co/SYMAAhrik6">pic.twitter.com/SYMAAhrik6</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1512072897153880071?ref_src=twsrc%5Etfw">April 7, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>5 April: Mobile App QR Integration</h2><p>Access your Magic Eden profile on the Magic Eden mobile app (iOS | Android). Once you have linked your device, you can scan the QR code displayed.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">CAN'T STOP, WON'T STOP 🚀<br><br>We've just rolled out the ability to access your Magic Eden profile on our Mobile App!<br><br>Here's how you do it 👇</p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1511454028458520576?ref_src=twsrc%5Etfw">April 5, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2>4 April: Bulk Listing</h2><p>You can paper-hand harder with listings of up to 5 NFTs available at the same time. List up to 5 NFTs across different collections and set different prices for each of them all at once.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">1) Spend more time DYOR and less time listing 😉<br><br>Now you can list up to 5 NFTs across different collections, and set different prices for each of them, all at once! <br><br>Made possible by <a href="https://twitter.com/Rhino2333?ref_src=twsrc%5Etfw">@Rhino2333</a> and Nate 💜 <a href="https://t.co/bEcUTSbLgV">pic.twitter.com/bEcUTSbLgV</a></p>— Magic Eden 🪄 (@MagicEden) <a href="https://twitter.com/MagicEden/status/1511028701764685824?ref_src=twsrc%5Etfw">April 4, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>

We Always Ship: April

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<p>We have upgraded the way you make offers and bid on NFTs on <a href="https://magiceden.io/" target="_blank" rel="noopener noreferrer">Magic Eden</a>. In this post, we share these improvements and teach you how to use this feature.&nbsp;</p><p><strong>First things first:</strong> Most of your bidding action will take place in the “offers made” tab located in your Magic Eden profile page.&nbsp;</p><p>Under the “offers made” tab, you can view:&nbsp;</p><ol><li>Your&nbsp;<strong>bidding wallet</strong>&nbsp;and&nbsp;<strong>main wallet</strong>&nbsp;balances</li><li>The NFTs you’ve made an offer on with your&nbsp;<strong>offer price</strong>&nbsp;and its&nbsp;<strong>buy now price</strong></li><li>The&nbsp;<strong>status</strong>&nbsp;of your offers</li></ol><h2>Key Terminologies</h2><p><br><span style="background-color:transparent;color:#000000;"><img src="https://lh4.googleusercontent.com/R3MOBo32l1JTZeBCZ_iP68AJvcDuU5TstWhJsCHdhypaehsw-lMof91Usp_ZE68s1ADDe0lLHPbUPTJlaONbCEtr5tzsZRMIDwe-L5wnlE0IZeALyPC7-WfRD23iiuMS6RvPeC5O"></span></p><p>Under the “offers made” tab on your Magic Eden profile page, you will see your&nbsp;main wallet&nbsp;and&nbsp;bidding wallet&nbsp;balance:&nbsp;</p><ul><li><strong>Main Wallet</strong>:&nbsp;This is your default Magic Eden wallet. You will be able to withdraw funds into your main wallet from your bidding wallet.&nbsp;</li><li><strong>Bidding Wallet</strong>:&nbsp;Use it to make offers on NFTs. In order to make an offer, your bidding wallet needs enough SOL (at least 50% of the item’s buy now price).&nbsp;</li></ul><p>When you make an offer on an NFT, you’ll see the<strong>&nbsp;status</strong>&nbsp;of that offer:&nbsp;&nbsp;</p><p><span style="background-color:transparent;color:#000000;"><img src="https://lh5.googleusercontent.com/gpNQtVjlNBlRuZik4JI_IUe_wkWTUAnLBm-fbh5rIRxq8yE1ryXu4hAXlIP0erXl9DuiAVlwIcnlXx6EhKK6Y-yo9LkvPrrsm_oZ61lqUPlThjAl1-lO8tj8tBPvuDG_lBVfiIjz"></span></p><ul><li><strong>Pending:</strong> Your offer is valid and waiting on the seller’s response. The seller will be notified of the bid and can choose to accept or decline your offer. Once they accept your offer, the amount offered will be deducted from your bidding wallet.&nbsp;</li></ul><p><span style="background-color:transparent;color:#000000;"><img src="https://lh4.googleusercontent.com/-P8BimCOZZxFw-mtN-jnhZtjZLqbQr8Yq8ZVO61J6GFueZc-XucsZWUCMYGyaEwH4uLb2LWFpKuf0ri1LQ79GG1c2exuNDA4jfop7P2HScORyVuwih0OiOaguVKdg-wwLs8dM9vX"></span></p><ul><li><strong>Insufficient funds:</strong> Your bidding wallet does not have enough SOL in order to make an offer. Top-up your bidding wallet from your main wallet in order to have sufficient funds.&nbsp;</li></ul><h2>Funding your bidding wallet and making an offer</h2><p>Before you can make an offer on an NFT, you would need to have sufficient funds in your bidding wallet (at least 50% of the item’s buy now price).&nbsp;<br>&nbsp;</p><p><strong>Here’s how to fund your bidding wallet:&nbsp;</strong></p><p><span style="background-color:transparent;color:#ff0000;"><img src="https://lh6.googleusercontent.com/9U5N-ksgdHLMm3oed7flS75NR-pJS70GdBCSYZ6fiTruiI3FwCKK8xa3XzMwFo1o0innUFnHaa9XEMUgYzUKNoa1gBLiXxO4sJA7Lm5ooX9ycYkjdsEVQ-jfahWJFxhaeslRFEJI"></span></p><p>(1) Click the “make an offer” button on an NFT.&nbsp;</p><p><span style="background-color:transparent;color:#ff0000;"><img src="https://lh3.googleusercontent.com/LOVyEdTKit0R5XdbAa_zd_saBIjOnaL8JJHVZyAv6x0cVQX27dbdXVdMt8SIgBMRzNvQSPYJKimp9qyAshR91i1eSditUE7FmZBw1Pz1D2u4uRRiVUJipo6GotbsaBzxbvrL7HqY"></span></p><p>(2) You will be prompted to fund your bidding wallet if you have insufficient funds.&nbsp;</p><p><span style="background-color:transparent;color:#000000;"><img src="https://lh6.googleusercontent.com/n0jlerUvvFgRRCm-HEyG7L4ni0T6fSBrr1omJGLJh7w0WW_O10s_rHboR0dOqDFdRZv30QTebQo74UrhqAMxHet_7TUFHRlsXUmAySZxdG94UDFVsaIA1thNt6sKsI2ap8Ik4vmi"></span></p><p>(3) Alternatively, to fund your bidding wallet, you can head over to your profile page, click the “offers made” tab and click the 3 dots that will prompt you to deposit SOL from your main wallet.&nbsp;</p><p><span style="background-color:transparent;color:#000000;"><img src="https://lh3.googleusercontent.com/hdkaimCeY0FG6d0-luFMYhNkkz-Z7wCWGDV-2LrEag1II0mFKKLyMID1QSoCSaNX45VPXtel9ul86D_RVeMhlSylfTgyUTeyRcIYuUYO0dWinncOUDR6uyoOPeHVXz3Xz_Zs0HIR"></span></p><p>(4) Once your bidding wallet is funded to 50% of the NFT's SOL value, you will be able to make an offer and bid on the NFT.&nbsp;</p><h2>Introducing: Unlimited Bidding</h2><p><span style="background-color:transparent;color:#000000;"><strong><img src="https://lh4.googleusercontent.com/sGk189N5HIu8IPKHGFUTUgaLGfMWK-_M8bToBSXmX5_DvwRvmciRGA3DNVz7hRSbfpas1HOXSafju1tA4BAAGFhLbMoqkgfb15gcCHu70GBkDPGg5l3LtkuLkIPmXGu9P_-Uiphp"></strong></span></p><p>On Magic Eden, you can place unlimited bids on multiple NFTs.&nbsp;To do this, ensure that your bidding wallet is funded with the desired amount, and make bids at or under the value held in the bidding wallet.&nbsp;</p><h4>How does this work?&nbsp;</h4><p>Say you have your eye on a variety of NFTs and you want to get the best deal possible without having to choose which one to put funds towards. You can deposit 5 SOL (any amount works) into the bidding wallet, and you will now have the ability to place unlimited bids at 5 SOL or under. This means you could have over 100 SOL worth of bids active, while only putting up 5 SOL! Ensure that you click the option “Use bidding wallet (advanced)” to access this feature.</p><p><img src="https://lh5.googleusercontent.com/S8eOs72cgoRtRQBGwI55WNJjj6nX-im_rdIrJGwWDaJdmIRp6BqNo4GiNwNmBwWL6owN3e1uMCQE0mZLejBLosy035SZR2uk-WxCuGmnK5D3cLyXKguBZI8QknupSavUpGygvSjo"></p><h4>What happens if one of the offers gets accepted?&nbsp;</h4><p><span style="background-color:transparent;color:#000000;"><strong><img src="https://lh4.googleusercontent.com/-KvQnJARgQyQmyHseLup50H_83g_ddOeNgApxW_5eruZ0IeN1Lajl5MARDwkn4vcnSA0RwmeLQQ7QEHzq_IzYVGVS4y8JJO2U0_uKKOk5P2TAnjmf5p70Y91QhHthrplwuno7FNI"></strong></span></p><p>Drawing from the above image: if your bid for 5 SOL is accepted, the SOL will be deducted from your bidding wallet, making your other bids inactive. To fund the bid, click on the three dots next to your bidding wallet. This will give you the option to&nbsp;<strong>Fund all offers</strong>, or&nbsp;<strong>Fund the highest offer</strong>.</p><h2>Canceling your offer&nbsp;</h2><p><span style="background-color:transparent;color:#000000;"><img src="https://lh6.googleusercontent.com/z7S1fdxPU0YAeHeUskCFnB4OrQYvVbEEF4wVmUNhThX83v17yZTjj9zeee5BoW-upegVuMW9nmRSkOu2si7gpgHDz7liRwrMohqSIIgPdVAjeq6rOiODUM2YKbGJC5v7tD1PTDN8"></span></p><p><strong>Here’s how to cancel an offer:&nbsp;</strong></p><ol><li>Head over to your profile page and click on the “offers made” tab.</li><li>Once you’ve identified the offer to cancel, navigate to the “actions” column on the far right and click cancel.&nbsp;</li></ol><p>When offers are canceled,&nbsp;<strong>funds will remain in the users’ bidding wallet</strong>&nbsp;<strong>by default </strong>to allow for quicker bidding in the future. Users can withdraw SOL to their main wallet at any time.&nbsp;</p><p><span style="background-color:transparent;color:#000000;"><img src="https://lh6.googleusercontent.com/L8sd0AtOvsJL3tdip9UOHLpscn8AGmsCpPJUC1jj564xoig8vbYSFm-geu_9fk3A5m-L0mA3-8y4jnwdvNWJXfAil7nkBfYbkh9lhsNdhnP-uYKW0WSrCKhL_qMFLqAKRpdIGKPS"></span></p><p><strong>Here’s how to withdraw your funds:</strong></p><ol><li>Head over to the “offers made” tab on your profile page.&nbsp;</li><li>Click on the 3 dots that are next to your bidding wallet.&nbsp;</li><li>Select “withdraw all to the main wallet” from the drop down menu.&nbsp;</li></ol>

What’s new with offers made and bidding on Magic Eden.

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ME Upgrade: Offers Made 

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<p style="margin-left:0px;">Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team. A big shoutout to our community — we implemented these features thanks to your <a href="https://twitter.com/MagicEden"><u>@MagicEden</u></a>(s) and feedback — so, keep them coming! We appreciate you.</p><p style="margin-left:0px;">Here’s a round-up of features:</p><h2 style="margin-left:0px;"><strong>31 March: Metaplex Certified Collection&nbsp;</strong></h2><p style="margin-left:0px;">We integrated the Metaplex Certified Collection Standard on our marketplace. NFTs from Metaplex Certified Collections will be instantly tradable on Magic Eden via a special link, without the need for any review by our team.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Hey builders, can't wait to trade your NFTs? 👀<br><br>Magic Eden will be supporting the <a href="https://twitter.com/metaplex?ref_src=twsrc%5Etfw">@metaplex</a> Certified Collection (MCC) Standard on our marketplace starting today.<br><br>Here’s a little thread to explain what’s going on 🧵👇</p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1509636802163920902?ref_src=twsrc%5Etfw">March 31, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>30 March:</strong> <strong>Collection Upvoting</strong></h2><p style="margin-left:0px;">On <a href="https://magiceden.io/drops"><u>Upcoming Drops</u></a>, users can now view community sentiment by voting on the latest NFT drops. Popular drops will appear on a “trending” tab.&nbsp;In three days, we received a total of 700+ upvotes.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">The people have spoken!! 🗣️ Collection voting is now rolled out.<br><br>- Simply connect your wallet to vote<br>- Drops with &gt;100 votes will also appear on a separate “Trending” tab<br><br>p.s. in order to vote, your wallet needs to have a cumulative transaction volume of 1 SOL on Magic Eden 💜 <a href="https://t.co/J8QpZGETWu">https://t.co/J8QpZGETWu</a> <a href="https://t.co/fgKuFmfgOE">pic.twitter.com/fgKuFmfgOE</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1509234543462522880?ref_src=twsrc%5Etfw">March 30, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>28 March:</strong> <strong>Collection Watchlist</strong></h2><p style="margin-left:0px;">Gone are the days of typing in collection names into the search bar. Now you can bookmark your favorite collections and they’ll appear in a custom carousel on your Magic Eden homepage.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Did somebody say... Watchlist?? 🤩<br><br>👀 Add your favorite NFT collections into your Watchlist with a simple click of a button! <br><br>Access &amp; track these collections right from your homepage and profile 😉 <a href="https://t.co/j6r0QFnK55">pic.twitter.com/j6r0QFnK55</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1508550407542517760?ref_src=twsrc%5Etfw">March 28, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>24 March: In-app Notifications</strong></h2><p style="margin-left:0px;">Ding, ding. Get notified as you're scrolling through Magic Eden whenever your NFT sells, someone bids on your items and accepts your bids!&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">You asked 🤝 we delivered <br><br>In-app notifications are here. <a href="https://t.co/rk8Ch603Bp">pic.twitter.com/rk8Ch603Bp</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1507052640869310482?ref_src=twsrc%5Etfw">March 24, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>19 March: Drop Calendar&nbsp;</strong></h2><p style="margin-left:0px;">We’ve built THE page to go to for your minting needs. Check out the latest NFT collections on Solana <a href="https://magiceden.io/drops"><u>here</u></a>. Since going live, the drop calendar reached an all-time high of 17,000+ impressions on 31 March. Total page impressions are 160,000+.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Behold… OUR Drop Calendar! 👀⬇️<a href="https://t.co/xNsURkhPx0">https://t.co/xNsURkhPx0</a><br><br>You’ll now be able to view upcoming NFT drops on Solana. 🤝<br><br>wen upvoting? 😆 <a href="https://twitter.com/sidazhang?ref_src=twsrc%5Etfw">@sidazhang</a> <a href="https://t.co/TOkUqD11py">pic.twitter.com/TOkUqD11py</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1505364531798761474?ref_src=twsrc%5Etfw">March 20, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>18 March: SOL NFT Marketplaces Rankings&nbsp;</strong></h2><p style="margin-left:0px;">We now have rankings of NFT Marketplaces on Solana based on marketplace volume, transactions and active wallets.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">1/ We’ve got new stats!! 👇<br><br>Head over to <a href="https://t.co/RHtvd1LA7p">https://t.co/RHtvd1LA7p</a> to check out rankings of SOL NFT marketplaces based on these following filters:<br><br>- Marketplace Volume<br>- Transactions<br>- Active Wallets</p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1504977440954847239?ref_src=twsrc%5Etfw">March 19, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>18 March: Solscan/Solana Explorer</strong></h2><p style="margin-left:0px;">Under details on an NFT, you now have the power to redirect from an NFT to Solscan or Solana Explorer.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">The power to redirect from an NFT to <a href="https://twitter.com/solscanofficial?ref_src=twsrc%5Etfw">@solscanofficial</a> or Solana Explorer with a simple click of a button? <br><br>Now yours. 😉 <a href="https://t.co/qRZgwsCVIs">pic.twitter.com/qRZgwsCVIs</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1504646630859026434?ref_src=twsrc%5Etfw">March 18, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>14 March: About Us Page</strong></h2><p style="margin-left:0px;">It was about time! Get to know us <a href="https://magiceden.io/about"><u>here</u></a>.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Along with the close of our Series A, check out our new About Us page! 🪄<br><br>Link: <a href="https://t.co/tn1mbeMh53">https://t.co/tn1mbeMh53</a> <a href="https://t.co/JfIBWe12QU">pic.twitter.com/JfIBWe12QU</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1503422884248797185?ref_src=twsrc%5Etfw">March 14, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>14 March: Eden Games&nbsp;</strong></h2><p style="margin-left:0px;">You know we’re bullish on blockchain gaming. We partnered with leading games on Solana to launch <a href="https://magiceden.io/games"><u>Eden Games</u></a>. We help games launch collections, build custom pages, connect to players, showcase gameplay and build in-game marketplaces. 10% of views on the Eden Games page has drove traffic to a game collection page.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Welcome to the future of gaming 👾💜<a href="https://t.co/H7gftH5STl">https://t.co/H7gftH5STl</a> <a href="https://t.co/l56c9s4AQQ">pic.twitter.com/l56c9s4AQQ</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1503522573241524226?ref_src=twsrc%5Etfw">March 15, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>12 March: Email Notifications</strong></h2><p style="margin-left:0px;">Opt in to receive email notifications when someone buys your NFT, bids on your NFT or when your bid has been accepted. 290,000+ emails have been sent and out of those, 64% have been opened. A total of 85,000+ users have received an email.&nbsp;</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">1/ 📣 Notifications are OUT!<br><br>Users that connect their email address on their Magic Eden profile will now receive email notifications.</p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1502804528617431041?ref_src=twsrc%5Etfw">March 13, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>10 March: Rarity Ranking</strong></h2><p style="margin-left:0px;">We’ve integrated How Rare and Moonrank to display NFT rarity ranks on listings. Filter and sort through collections based on their rarity rankings.</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">1/ Rollout in progress... Rarity rankings! ✨<br><br>We've started integrating our marketplace with <a href="https://twitter.com/howrareis?ref_src=twsrc%5Etfw">@howrareis</a> and <a href="https://twitter.com/MoonRankNFT?ref_src=twsrc%5Etfw">@MoonRankNFT</a>. This gives us the ability to display NFT rarity ranks on our marketplace listings, and on the "Details" section of any specific NFT. 😎 <a href="https://t.co/d7BtKeUf3Z">pic.twitter.com/d7BtKeUf3Z</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1502001609999532032?ref_src=twsrc%5Etfw">March 10, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h2 style="margin-left:0px;"><strong>1 March: Over 100K Mobile-App Downloads</strong></h2><p style="margin-left:0px;">Thank you for over 100,000 downloads across our iOS and Android mobile apps!</p><div class="raw-html-embed"><blockquote class="twitter-tweet"><p lang="en" dir="ltr">Over 100K app downloads across iOS &amp; Android. Thank you 🙏🏼<br><br>How can we make the apps better? Tell us in comments. Our dev <a href="https://twitter.com/safaiyeh?ref_src=twsrc%5Etfw">@safaiyeh</a> will be on the lookout for suggestions 👇🏼 <a href="https://t.co/s51WbvhWTh">pic.twitter.com/s51WbvhWTh</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1498695386948640773?ref_src=twsrc%5Etfw">March 1, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><p style="margin-left:0px;"><br>&nbsp;</p>

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We Always Ship: March

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<p style="margin-left:0px;">We recently talked to top gaming projects to learn how marketplaces can better support games. Based on their input, we are launching Eden Games, a content destination for gamers.</p><p style="margin-left:0px;">&nbsp;</p><h2 style="margin-left:0px;">We are proud to launch Eden Games with top gaming partners on Solana.</h2><p style="margin-left:0px;">Gaming NFTs are an ecosystem on their own within Solana NFTs. Games are distinguished by different needs across development cycles, community engagement, and launch requirements. Within the NFT ecosystem, users often are looking for the next thing. The nature of this buying behavior means that people across all platforms easily become impatient after projects launch and move on after mint. Every marketplace experiences this, given the very nature of NFTs. This makes it challenging for games, whose development cycles are longer and have to continuously reach people with new and engaging content to hold their investors’ attention.</p><p style="margin-left:0px;">Given the decentralized nature of web3, it’s also hard to keep up with NFT projects, including games. There is a lack of platforms where games can provide the content they want to get out to the world. Users have to search far and wide to find information hidden across Twitter, Discord channels, and websites. After speaking with ten games, we found that one of their greatest needs is a place where they can display their product in a way that makes sense for them. They also want to share major updates and news with prospective and existing holders.</p><h2 style="margin-left:0px;"><strong>Eden Games is a content platform directly on our marketplace.</strong></h2><p style="margin-left:0px;"><strong>Included in this launch are several components:</strong></p><ul><li><strong>Dedicated gaming listing pages: </strong>We help games by displaying games the way they are meant to be displayed. Each gaming page will have a trailer to showcase the game, a dedicated content section where games can share their socials and description, their collection listing, and a dedicated IFrame where players can play the games on the listing page itself.</li><li><strong>Content hub: </strong>We know how painful it is to search through multiple Discords and channels to get the information you need. We will review and showcase the best games with your favorite influencers from both the Web3 and Web2 world. Content is king, it's how games live and die nowadays and it's about time we showcased what the Solana ecosystem has to offer.</li><li><strong>Competitions &amp; tournaments:</strong> We will host games directly on our platform and via <a href="http://discord.gg/magiceden"><u>our Discord</u></a>. Our marketplace sees 1.5M daily active visitors and 10M monthly active visitors. We now boast the largest Discord across all marketplaces on Solana with 141K members. We also want to showcase the best players and teams on Solana. Let's put our favorite bluechips against each other to see who has the best FPS players.</li></ul><p style="margin-left:0px;">We will build these functionalities and we look forward to the community’s feedback. We care about games because we see them as fantastic onboarding experiences into NFTs and web3. NFTs and crypto may seem complicated, but games are fun and a great way to ease people into new technology. Gamers are smart, curious and engaged. The next generation of gamers will have lived in a world with crypto for most if not all of their lives. We’re here for that generation and we’re not going anywhere.</p>

We are proud to launch Eden Games with top gaming partners on Solana. Eden Games goes live on Monday, March 14th. 

Eden Games Launch Announcement

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<p style="margin-left:0px;">As an NFT marketplace, we are often caught in the middle of people with vastly different opinions. Such was the case this week with derivative projects–some vehemently dislike them, but we learned today that many don’t share the same view. Earlier this week, we created a derivative badge and took derivatives off the home page. We understand that our actions had the effect of penalizing all derivative projects and their communities and creating confusion on what exactly is / isn’t a derivative. Over the last few days, we’ve been developing a better approach that we hope most users can accept as fair.</p><p style="margin-left:0px;">In this blog post, we will share:</p><ul><li>How derivatives are defined for the purposes of the derivative badge, and</li><li>Our new homepage update</li></ul><h2 style="margin-left:0px;"><strong>Defining A Derivative</strong></h2><p style="margin-left:0px;">We heard that people were confused as to how we’re defining derivative collections which led to folks believing we were giving certain projects preferential treatment. Ultimately, what is and is not a derivative is subjective.</p><p style="margin-left:0px;">Based on discussions with several NFT project owners and community members, to the best of our knowledge, we came to the conclusion that an underlying feature of a derivative collection is when the <strong>base character/image is the same as the NFT collection it is derived from. When a collection uses the same base character/image (e.g. the face structure of a punk), it is a derivative if that base character/image is then modified via:</strong></p><ul><li>Resized</li><li>Translated (flipped, rotated)</li><li>Pixelated (i.e in a different art style)</li><li>Modified with new traits (e.g additional hats, eyewear, etc)</li><li>Color change</li></ul><p style="margin-left:0px;"><i>Note: This list is non-extensive&nbsp;</i></p><p style="margin-left:0px;"><strong>We do not consider the following to be a derivative when considered in isolation:&nbsp;</strong></p><ul><li>Where a collection has a similar name</li><li>Where it includes inanimate objects/non-live things (e.g., certain metaverse projects have access cards. We won’t be labeling these derivatives)</li></ul><p style="margin-left:0px;"><strong>There are 2 ways a collection can get a derivative badge:</strong></p><ol><li>A NFT collection creator self-nominates their collection with links to the original art that the collection is derived from.</li><li>Multiple flags via the community</li></ol><h2 style="margin-left:0px;"><strong>Homepage Update</strong></h2><p style="margin-left:0px;">Our decision to exclude derivative collections from the Magic Eden homepage was heavy handed. Our popular collections are based on volume and it is only fair that if a derivative NFT collection has high volume, it should be on there in its rightful place.</p><p style="margin-left:0px;"><strong>Derivative collections will be back on the Magic Eden homepage, but with some slight changes</strong>:</p><ul><li>We will be adding a toggle feature on popular collections based on timeframe</li><li>Our default toggle is set to 7 days</li><li>Derivative NFT collections will have a small derivative tag on the image displayed on the homepage. This will serve to inform users to help ensure that newer or less aware users are not mistaking them for the original</li></ul><p style="margin-left:0px;">We took these measures following community feedback and ideas. We would like to thank everyone who contributed and we hope that these are moves in the right direction.&nbsp;</p><p style="margin-left:0px;">Our mission coming into the Solana NFT space is and was to be the NFT marketplace for Solana. Our community-first value has not changed and we will continue to be transparent moving forward. We are not and do not want to be centralized arbiters. We will be more communicative with our community and better Magic Eden together.&nbsp;</p>

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Derivatives Update

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<p style="margin-left:0px;">A month ago, we decided as a marketplace to move towards an open listings marketplace. This decision came off the heels of several occasions where we decided to not list certain collections. We were not consistent in our decisions of whether or not to list a project, and we heard the frustrations from the community as a result. The lessons we took from these experiences was that a marketplace should not be a central arbiter on what collections to list and not list. For this reason, we created a flagging mechanism to rely on the community to raise awareness on problematic collections and moved towards openness in listings.</p><p style="margin-left:0px;">We’ve seen public perception shift since Bored Ape Solana Club came out. The outcry ranges from “this collection is IP infringement” to “this collection makes Solana look cringe.” Our opinion on the matter is inconsequential. We are not the central arbiters of IP infringement when these matters can become very legally nuanced. Instead, we have a formal legally-vetted process to deal with allegations of IP infringement where the IP owner or their representative can make submissions for removal of the listing using our Flag feature.</p><p style="margin-left:0px;">The second piece of the community’s feedback is much more subjective. Do these derivative projects make Solana look bad? What responsibility do we have as market leaders to not let our homepage (and Solana NFTs in general) look like Derivatives R Us?</p><h4 style="margin-left:0px;"><strong>We believe as a team that the following 2 beliefs can co-exist:</strong></h4><ol><li><strong>We should encourage openness in listings. </strong>Eventually, we still plan to move towards an open listing model that will make listing a self-serve experience. In the meantime, barring explicit violations of our content guidelines (e.g., content that is pornographic, incites violence, or is politically / culturally insensitive) and our internal checks, we want to list collections. A Magic Eden listing is <i>not </i>an endorsement about the quality of the collection.</li><li><strong>Yet, we should not actively promote</strong><i><strong> </strong></i><strong>derivative collections in order to foster a healthier ecosystem.</strong> We recognize that Solana as an ecosystem gets a bad reputation for being full of derivatives. To progress the ecosystem forward, we have a responsibility to amplify the work of original creators.</li></ol><h4 style="margin-left:0px;"><strong>Based on these two beliefs, we are proposing to move forward with the following set of resolutions when it comes to derivatives:</strong></h4><ol><li><strong>Delisting: </strong>If collections are an exact copy of an existing collection, we will delist them. If an <a href="https://airtable.com/shrisBD93WbGoZsWZ"><u>IP infringement</u></a> submission is made, this will also mean delisting from Magic Eden. Only owners of the IP and authorized representatives of the IP owners should file a claim. Keep in mind this form is not a joke – it requires users’ personal information, and anyone who fills it out faces penalties of perjury if the information submitted is false.</li><li><strong>Flagging: </strong>As is the case today, users can also flag collections that do not meet our content guidelines (referenced above) or are suspected rugs.</li><li><strong>Derivative badge (NEW): To be clear, in our view, a derivative is a project that is instantly recognizable for paying homage or clearly inspired by the work of another collection on any chain. </strong>We will begin driving awareness of derivatives in two ways. First, we will allow new secondary listings to self-identify as derivatives through our application form. Secondly, we’ll let the community flag collections as a derivative. After a certain threshold, those collections will be listed as derivatives. The consequence of having a derivative badge is that directly under the collection, there will be a badge that says “this collection is a derivative of xxx” and some description copy upon hovering over the badge that the collection has been identified as a derivative by the community. By this logic, <a href="https://magiceden.io/marketplace/mutant_phaycs"><u>Mutant Phaycs</u></a> will have a derivative badge and will be unflagged.</li></ol><p style="margin-left:0px;"><strong>We also will ensure that collections that are either flagged or marked as derivatives will not be featured on our home page or any other Magic Eden landing page, but will remain tradable. </strong>We hope this gesture shows the community that we do care about the long term ecosystem. We hope removing landing page features for derivative projects encourages the amplification of original work. At the same time, reducing discoverability does not prevent someone from making a derivative collection and getting it listed.</p>

We recognize that Solana as an ecosystem gets a bad rep for being full of derivatives. Here's how we plan to move forward.

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Magic Eden's Thoughts on NFT Derivatives & Steps Forward

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<p style="margin-left:0px;">Each month, we’ll share features rolled out by Magic Eden’s innovative and hardworking dev team.&nbsp;A big shoutout to the community — we implemented these features thanks to your feedback — so, keep them coming! We appreciate you.</p><p style="margin-left:0px;">Here’s a round-up of features:</p><h4 style="margin-left:0px;">Jan 3: Auctions are LIVE!</h4><p style="margin-left:0px;">Both Dutch and English auctions are available on Magic Eden. We hosted our first English auction for 24 hours with Gooney Toons. The winning bid closed at 125 SOL!</p><div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none"><p lang="en" dir="ltr">To show our commitment to artists and celebrate them for pushing the Solana ecosystem, we are proud to announce that our 1ST EVER LAUNCHPAD AUCTION goes live in 8h 🤩🤩🤩<br><br>English auction GOONEY TOONS NIGHT OUT by <a href="https://twitter.com/GooneyToonsNFT?ref_src=twsrc%5Etfw">@GooneyToonsNFT</a> site is now up👇🏼!!<a href="https://t.co/F5xFGbKixd">https://t.co/F5xFGbKixd</a> <a href="https://t.co/rkSX5kvij0">pic.twitter.com/rkSX5kvij0</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1478003429738000388?ref_src=twsrc%5Etfw">January 3, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Jan 1: “Fat Finger Check”</h4><p style="margin-left:0px;">Remember that time you accidentally listed an NFT below its floor price? Yeah… that’s not going to happen, again. If a user types in a listing price that’s lower than the collection floor price, a warning will pop up. We got you!</p><div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none"><p lang="en" dir="ltr">By popular demand: fat finger check (for lack of a better term)! Now, if you accidentally offer to list your NFTs below floor price, we will warn you in advance 🤝 <a href="https://t.co/HOo6x6XqNu">pic.twitter.com/HOo6x6XqNu</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1477020810715959300?ref_src=twsrc%5Etfw">December 31, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Jan 1: Play on Magic Eden!</h4><p style="margin-left:0px;">Buy your blockchain gaming NFT on Magic Eden and within the same collection page, you can play that game! To start, we’ve embedded <a href="https://magiceden.io/marketplace/mrn_s1_vikings_premium_drop"><u>Mini Nations</u></a> on Magic Eden. Fun fact: Our dev team delivered this feature in less than a day.</p><div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none"><p lang="en" dir="ltr">Wyd for NYE? We're playing <a href="https://twitter.com/MiniNations?ref_src=twsrc%5Etfw">@mininations</a> 😉<br>Now offering users the chance to play games directly on Magic Eden!<br>Congrats <a href="https://twitter.com/farawaygg?ref_src=twsrc%5Etfw">@farawaygg</a> on your 2nd drop 🎉<a href="https://twitter.com/hashtag/gg?src=hash&amp;ref_src=twsrc%5Etfw">#gg</a> <a href="https://twitter.com/hashtag/EdenGames?src=hash&amp;ref_src=twsrc%5Etfw">#EdenGames</a><a href="https://t.co/4l8zFEalxG">https://t.co/4l8zFEalxG</a> <a href="https://t.co/6Op47kqO9q">pic.twitter.com/6Op47kqO9q</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1477142460853850113?ref_src=twsrc%5Etfw">January 1, 2022</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Dec 29: Collection Search by Volume</h4><p style="margin-left:0px;">When you use our search bar, collections are ranked by volume instead of by alphabet.</p><div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none"><p lang="en" dir="ltr">By popular demand: now, searches are prioritised by volume vs alphabet. Gotta hand it to <a href="https://twitter.com/thugbirdz?ref_src=twsrc%5Etfw">@thugbirdz</a> and <a href="https://twitter.com/BoryokuDragonz?ref_src=twsrc%5Etfw">@BoryokuDragonz</a> for being most vocal about this. Hope this helps 🤙🏼 <a href="https://t.co/4MtYUGHqVV">pic.twitter.com/4MtYUGHqVV</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1476076960031789057?ref_src=twsrc%5Etfw">December 29, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;"><strong>Dec 23: Community-led Flagging&nbsp;</strong></h4><p style="margin-left:0px;">Following our move to an <a href="https://blog.magiceden.io/p/magic-eden-open-listing-nft-marketplace"><u>open-listing model</u></a>, collection flagging was a top of mind feature. We appreciate how active the community has been in reporting problematic collections to us on an ongoing basis. Community-led flagging allows the community to play an active role on Magic Eden.</p><div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none"><p lang="en" dir="ltr">Now live: ability to flag problematic collections. Please remember w/ great power comes great responsibility. Let's use this flag fairly so the entire community benefits. For now, our team will monitor on the backend to remove / keep flags or escalate for delisting if needed. <a href="https://t.co/FNHwk8CWRN">pic.twitter.com/FNHwk8CWRN</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1473860740775919617?ref_src=twsrc%5Etfw">December 23, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;">Dec 23: Special Mint Button</h4><p style="margin-left:0px;">This is a white-label minting feature we rolled out for Launchpad. It enables creators to host the mint on their website with tools and support from Magic Eden.</p><div class="raw-html-embed"><blockquote class="twitter-tweet" hide_thread="true" data-conversation="none"><p lang="en" dir="ltr">As an early Christmas gift, we specially prepared Raydium's very own mint button! 💝 <br><br>Heads up <a href="https://twitter.com/search?q=%24RAY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RAY</a> stakers, the <a href="https://twitter.com/RaydiumProtocol?ref_src=twsrc%5Etfw">@RaydiumProtocol</a> x Magic Eden Holiday NFT Mint is happening at 12PM UTC!<br><br>Mint 1 and enjoy a 2% fee rebate whenever you purchase an NFT from <a href="https://t.co/4cJFyexmLL">https://t.co/4cJFyexmLL</a>. <a href="https://t.co/augLaS8lEh">pic.twitter.com/augLaS8lEh</a></p>— Magic Eden 🪄 Solana's Leading NFT Marketplace (@MagicEden) <a href="https://twitter.com/MagicEden/status/1473976934417711108?ref_src=twsrc%5Etfw">December 23, 2021</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div><h4 style="margin-left:0px;"><strong>Dec 22: Wallet Auto-Connect</strong></h4><p style="margin-left:0px;">A simple but necessary feature for a seamless experience on Magic Eden. If you’re already connected on <a href="https://magiceden.io/"><u>magiceden.io</u></a>, you won’t get disconnected if you refresh the page. You’ll automatically be connected. If you’re not connected, a pop-up will show once and won’t appear once connected.</p><h4 style="margin-left:0px;"><strong>Dec 21: GLB Support&nbsp;</strong></h4><p style="margin-left:0px;">We’ve implemented GLB support, a 3D file format which allows NFTs that uses virtual reality and augmented reality (among others) to take flight.</p><h4 style="margin-left:0px;"><strong>Dec 20: Data Source Change for Popular Collections</strong></h4><p style="margin-left:0px;">Popular collections are directly computed from our in-house database. We are currently using the last 24 hour volume and displaying the top 8 NFT collections on Magic Eden.</p><h4 style="margin-left:0px;"><strong>Dec 17: New Launchpad Feature - Whitelisted Wallets</strong></h4><p style="margin-left:0px;">Whitelisted wallets can get an exclusive countdown while everyone else sees a different “presale” label on the button. This enables <a href="https://magiceden.io/launchpad"><u>Launchpad</u></a> projects to further customize their mint by having a mixture of a pre-sale and public launch or a completely private launch. It also works for a 100% stealth launch.</p><hr><p style="margin-left:0px;">🛠 So much more to come. Tweet your suggestions to us <a href="https://twitter.com/MagicEden_NFT"><u>@MagicEden_NFT</u></a>. Let’s build together!</p>

A round-up of Magic Eden's Dec-Jan latest features and updates!

We Always Ship: January

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<p style="margin-left:0px;">We are proud to announce a multifaceted partnership today with Faraway as part of our broader commitment to games on Solana. This blog post will share our perspective on how marketplaces can partner closely with games to help them achieve their growth objectives.</p><p style="margin-left:0px;">For starters, <a href="http://faraway.gg/"><u>Faraway</u></a> is the creator behind <a href="https://twitter.com/mininations"><u>Mini Royale: Nations</u></a>, the first live multiplayer game using the Solana blockchain. Mini Nations is a first-person shooter game that prides itself on being a fun game first and foremost, prioritizing ease of play above having high fidelity graphics. To date, <a href="https://dappradar.com/blog/solanas-mini-royale-nations-hits-2-million-players"><u>they have over 600,000 monthly active users</u></a> around the world. These users engage in 92,000 battles daily.</p><p style="margin-left:0px;">The first time we met with Faraway was in early November during Solana Breakpoint in Lisbon. We still remember when cofounder Alex Paley sat across a table from us and asked, “Who the fuck are you guys?” when we told him Magic Eden was less than 2 months old. We laughed and started spitballing ideas in a corner amidst a busy cafe.&nbsp;</p><p style="margin-left:0px;">Since then, our team has been so proud of how iterative and organic our partnership has been, including several drops, <a href="https://twitter.com/rea_loretta/status/1466536890090336256?s=20"><u>an event promoting web3 gaming in Miami</u></a> during Art Basel, powering their in-game marketplace, and <a href="https://magiceden.io/marketplace/mrn_s1_loot"><u>embedding Mini Nations gameplay directly onto Magic Eden</u></a>.</p><p style="margin-left:0px;">&nbsp;</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fddde5421-9b04-4b47-ab32-ca3fc4b22b8a_600x337.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fddde5421-9b04-4b47-ab32-ca3fc4b22b8a_600x337.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fddde5421-9b04-4b47-ab32-ca3fc4b22b8a_600x337.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fddde5421-9b04-4b47-ab32-ca3fc4b22b8a_600x337.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fddde5421-9b04-4b47-ab32-ca3fc4b22b8a_600x337.png 1456w" sizes="100vw" width="600"></figure><h4 style="margin-left:0px;"><strong>Our partnership with Mini Nations has encompassed:</strong></h4><ol><li><strong>Collaborating on collection drops using Magic Eden Launchpad</strong><br>In early December, we hosted a Launchpad for <a href="http://twitter.com/mininations"><u>Mini Royale: Nations</u></a> for their <a href="https://magiceden.io/marketplace/mrn_s1_vikings_premium_drop"><u>“Vikings of the MiniVerse” Genesis drop.</u></a> We helped them mint 2,500 items which sold out in 30 seconds (even with the use of captcha technology, which we deployed for the first time at Faraway’s request). Faraway was then able to leverage the hype and excitement from this drop to host the sale of the remaining 7,500 items a week later.&nbsp;<br>Beyond the Genesis drop, we’re also excited to support listing of the <a href="https://magiceden.io/marketplace/mrn_s1_loot"><u>Mini Nations Loot Collections</u></a> and to utilize <a href="http://magiceden.io/launchpad"><u>Launchpad</u></a> for future premium drops (e.g., weapons, buildings, land).</li></ol><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4342fdcd-6ba9-4ceb-b7ba-b18896c05a48_1600x1600.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4342fdcd-6ba9-4ceb-b7ba-b18896c05a48_1600x1600.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4342fdcd-6ba9-4ceb-b7ba-b18896c05a48_1600x1600.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4342fdcd-6ba9-4ceb-b7ba-b18896c05a48_1600x1600.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4342fdcd-6ba9-4ceb-b7ba-b18896c05a48_1600x1600.png 1456w" sizes="100vw" width="284"></figure><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcea4119-636b-4bcd-a871-f13eae3cb2db_1600x1600.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcea4119-636b-4bcd-a871-f13eae3cb2db_1600x1600.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcea4119-636b-4bcd-a871-f13eae3cb2db_1600x1600.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcea4119-636b-4bcd-a871-f13eae3cb2db_1600x1600.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcea4119-636b-4bcd-a871-f13eae3cb2db_1600x1600.png 1456w" sizes="100vw" width="286"><figcaption><i>Mini Royale: Nations “Vikings of the MiniVerse” Genesis drop</i></figcaption></figure><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F63fe5bc9-6543-411b-8363-0512da65c0ef_640x640.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F63fe5bc9-6543-411b-8363-0512da65c0ef_640x640.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F63fe5bc9-6543-411b-8363-0512da65c0ef_640x640.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F63fe5bc9-6543-411b-8363-0512da65c0ef_640x640.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F63fe5bc9-6543-411b-8363-0512da65c0ef_640x640.png 1456w" sizes="100vw" width="284"></figure><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F80ebb83c-d78f-49f9-9f61-e454b16e6798_640x640.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F80ebb83c-d78f-49f9-9f61-e454b16e6798_640x640.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F80ebb83c-d78f-49f9-9f61-e454b16e6798_640x640.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F80ebb83c-d78f-49f9-9f61-e454b16e6798_640x640.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F80ebb83c-d78f-49f9-9f61-e454b16e6798_640x640.png 1456w" sizes="100vw" width="296"><figcaption>Mini Royale: Nations “Season 1 Loot Collection”</figcaption></figure><ol><li><strong>Powering Mini Nations’ in-game marketplace</strong><br>We’re thrilled to be powering the in-game marketplace experience for Mini Nations, allowing players to directly exchange items without disrupting their gaming experience. This marketplace will run on the same tech that’s behind the <a href="https://dappradar.com/rankings/protocol/solana/category/marketplaces"><u>largest marketplace on Solana</u></a>.<br><br><strong>Later this month, we will be releasing an SDK product that will allow any developer to integrate trading experiences powered by us in their own environments. All of the functionality available via the Magic Eden app today will be exposed via our APIs (eg. mint, list, buy now, bid etc).</strong>&nbsp;<br><br>In the words of cofounder Alex Paley, "We’re really excited to partner with Magic Eden on our in-game marketplace. Our focus at Faraway is building the best possible games and social experiences for our players. Not needing to worry about building our own marketplace tech allows us to focus on what we do best: making games."</li><li><strong>Embedding Mini Nations directly within the Magic Eden marketplace</strong><br><a href="https://twitter.com/MagicEden_NFT/status/1477142460853850113?s=20"><u>We were the first NFT marketplace on Solana</u></a> to let users immerse themselves by playing <a href="https://magiceden.io/marketplace/mrn_s1_loot"><u>Mini Nations directly on our platform </u></a>(under the Play Now tab). NFTs, and especially gaming NFTs, should inherently be immersive and we want our users to feel what is possible when they land on Magic Eden. Similarly, we think games will benefit enormously from the distribution + end users that are visiting Magic Eden daily.<br>&nbsp;</li></ol><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fab486a43-48f8-4ca6-83bd-e24f37c73eda_1600x1528.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fab486a43-48f8-4ca6-83bd-e24f37c73eda_1600x1528.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fab486a43-48f8-4ca6-83bd-e24f37c73eda_1600x1528.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fab486a43-48f8-4ca6-83bd-e24f37c73eda_1600x1528.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fab486a43-48f8-4ca6-83bd-e24f37c73eda_1600x1528.png 1456w" sizes="100vw" width="1100"><figcaption>Now, anyone can directly play Mini Royale: Nations directly on Magic Eden</figcaption></figure><ol><li><strong>Building community IRL at Art Basel Miami</strong><br>We decided very serendipitously to go to Art Basel Miami, <a href="https://twitter.com/MagicEden_NFT/status/1468377132858499074?s=20"><u>where we hosted an event on web3 gaming with 120+ people.</u></a> We hosted a panel discussion where we talked about our partnership and the opportunities for marketplaces to help games build open economies. Magic Eden <a href="https://twitter.com/MagicEden_NFT/status/1466944932439076864?s=20"><u>also hosted a supper club</u></a> the following night with around 40 attendees. We broke bread with both Faraway and Genopets at the same table, talking about the future for both of their games…and may or may not have gone to a Diplo concert together afterwards.</li></ol><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ba1ba-edaa-41a1-afa5-054c08e68e2b_1600x1200.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ba1ba-edaa-41a1-afa5-054c08e68e2b_1600x1200.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ba1ba-edaa-41a1-afa5-054c08e68e2b_1600x1200.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ba1ba-edaa-41a1-afa5-054c08e68e2b_1600x1200.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8c1ba1ba-edaa-41a1-afa5-054c08e68e2b_1600x1200.png 1456w" sizes="100vw" width="1100"><figcaption>Our web3 gaming panel during Art Basel Miami</figcaption></figure><h4 style="margin-left:0px;"><strong>Our partnership with Faraway is evidence of how we want to partner with games period.</strong></h4><p style="margin-left:0px;"><strong>Games can:&nbsp;</strong></p><ol><li>Use Magic Eden Launchpad to drop their in-game items. Launchpad is by far the most robust and sophisticated minting platform on Solana and the best way for games to debut their collections to the widest set of users</li><li>Utilize infrastructure already built by Magic Eden to power the slickest in-game marketplace experiences. We offer this so games can focus on the gameplay</li><li>Leverage the reach and distribution of the largest marketplace on Solana to acquire and engage new users</li></ol><p style="margin-left:0px;">We aim to grow with gaming partners looking for a long term home and a true partner. If you’re building a game and want to collaborate, reach out to our BD team.</p>

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Magic Eden x Faraway: How Marketplaces & Blockchain Games Can Grow Together

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<p style="margin-left:0px;">For the last 3 months, we’ve loved every moment of growing Magic Eden from scratch. Everything we do is in service of growing a long-term Solana ecosystem and offering a platform to the next generation of creators. As the largest NFT marketplace on Solana, we have a responsibility but also a significant opportunity. To see all the success so far feels like magic because it really is. When we started working on Magic Eden, we never imagined becoming the leading marketplace on Solana in such a short amount of time. Our success is only possible thanks to creators and collectors on Solana.&nbsp;</p><p style="margin-left:0px;">The last month has been filled with a lot of learning for our team. Given the state of the ecosystem, it’s critical that we balance trust, fairness, and transparency to offer creators the best home for their hard work and collectors the best place to discover NFTs. While our team has worked steadfastly to vet and list collections, doing so quickly, carefully, and consistently is challenging considering the rapid growth of NFTs on Solana. This is a good problem to have.</p><p style="margin-left:0px;">Our direction moving forward is to gradually migrate to an open listing model in a way that delivers a great user experience and community-driven marketplace experience that feels fair, autonomous, and efficient for everyone.</p><p style="margin-left:0px;">Below, we present our current thinking around how we intend to migrate to an open listings model. We are putting this out there in the interests of transparency and giving the community a chance to provide input and feedback.</p><p style="margin-left:0px;"><strong>We have two goals:</strong></p><ul><li><strong>Deliver helpful information and trust &amp; safety tools to help collectors trade safely</strong></li><li><strong>Accelerate speed to list the work of our creators</strong></li></ul><p style="margin-left:0px;"><strong>Based on these two goals, we are rolling out 2 phases of updates over the rest of December and into 2022 :</strong></p><ol><li><strong>Community-led flagging mechanism and escalation paths</strong></li><li><strong>Badging system for listings to help users make more informed choices&nbsp; + Open Listing model</strong></li></ol><p style="margin-left:0px;">We will be rolling these changes in a phased approach with some of these changes in December but we expect more of these changes to roll out in 2022. This is a big change and we want to do this carefully to ensure that we deliver a safe and clean user-experience whilst moving towards an open-listing model.</p><h3 style="margin-left:0px;">PHASE 1: COMMUNITY-DRIVEN COLLECTION FLAGGING MECHANISM</h3><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3d4396bf-3eb6-44d6-8a23-fcbf1e9a5a47_1600x889.png 1456w" sizes="100vw" width="1100"><figcaption>Note: this mock (and the ones below) are illustrative and subject to change</figcaption></figure><p style="margin-left:0px;">We appreciate how active the community has been in reporting problematic collections to us on an ongoing basis. As much as we try to vet collections carefully, we know that the community can oftentimes provide immense support here. We are offering our users a way to flag any collection that raises concerns.&nbsp;</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd1b70601-332b-44eb-8aac-54f5498c588d_1600x868.jpeg 1456w" sizes="100vw" width="1100"></figure><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F90d47eee-015d-400c-a7a8-45ea8b67d398_1600x520.png 1456w" sizes="100vw" width="1100"></figure><p style="margin-left:0px;">Starting this week and to the end of December, Magic Eden users with engaged wallets (meaning they have transacted on ME recently) will be able to flag a collection via 2 categories:</p><ul><li>Rugs</li><li>Inappropriate or offensive content that<ul><li>incites hate, racism or violence</li><li>shows sexually explicit content</li><li>degrades or doxxes another individual</li><li>promotes suicide or self-harm</li></ul></li></ul><p style="margin-left:0px;">There may be other categories that are defined over time – and we welcome input from the community.&nbsp;</p><p style="margin-left:0px;">For flagged collections, the entire page will be blurred out and a pop-up banner will emerge to indicate the collection has been flagged. The banner will encourage users to do their own research before proceeding onto the page.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59e37222-655e-4522-833c-72086f47621e_1600x887.png 1456w" sizes="100vw" width="1100"></figure><p style="margin-left:0px;">If users proceed onto the page, they’ll see a yellow ‘flagged’ icon on the right of the page that indicates the collection is flagged. In addition, if a user hovers over the ‘flagged’ icon under the PFP, they will see a disclaimer.</p><p style="margin-left:0px;">&nbsp;</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8a02c0ba-6a73-47b1-a7c7-993d3a6303e9_1600x873.jpeg 1456w" sizes="100vw" width="1100"></figure><p style="margin-left:0px;">Once flagged, our team will manually review the collection and choose to either de-escalate to remove the flag, keep the flag in place, or escalate. Escalation may result in the collection potentially also being delisted.</p><p style="margin-left:0px;"><strong>A special note on rugs: </strong>Based on this system for flagging, <strong>reported rugs will remain online but will include a special pop-up warning that all users will see upon reaching the collection site. </strong>This pop-up banner will be a specific warning that states that the collection has been reported as a rug. By leaving collections up, we leave it in the community’s hands to determine what to do. They can rally together to de-rug the project or walk away with knowledge of the warning.</p><h3 style="margin-left:0px;">PHASE 2: OPEN LISTING MODEL + COLLECTION BADGES</h3><p style="margin-left:0px;">Currently, all collections on Magic Eden have the same badge of verification. Our community has shown a desire to know how to distinguish quality across collections. We don’t believe in a binary trust signal (i.e., checkmark vs no checkmark). Instead, we believe quality constitutes many signals and we want to surface the right information for users to make informed choices for themselves.</p><p style="margin-left:0px;">In Phase 2 which will happen gradually in 2022, we will create different levels of listings that allow creators to list quickly while providing a set of badges for collectors to consider during the browsing experience.&nbsp;</p><h4 style="margin-left:0px;"><strong>DEFAULT COLLECTION SETTING: OPEN LISTING</strong></h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F705a2b59-0204-4718-8462-6a1793fc7ddd_1592x1337.jpeg 1456w" sizes="100vw" width="1100"></figure><ul><li><strong>Efficient speed to list: </strong>By default, any collection will be able to list their collection automatically so long as it does not fall under one of the inappropriate or offensive categories listed above. Creators will be able to create a page and self-serve to build a storefront for their collection.</li><li><strong>Not featured: </strong>Their collection will <strong>not</strong> be <i>featured</i> (meaning their collection will not be featured on our homepage in sections including the carousel bar, popular collections, or popular items), we will also look to monitor and <i><strong>limit the searchability</strong></i> of open listings to protect users from duplicated or otherwise scammy collections</li><li><strong>User protection warning:</strong> When any user visits the collection page, the page will include a warning&nbsp; under the PFP to show that the collection has not had its provenance checked and that the user needs to do their own research before transacting</li><li><strong>Upvote or follower count: </strong>Another feature we’re exploring is the&nbsp; ability for users to upvote or follow collections. All collections will display an upvote or follower count on their storefront. We will be allowing users with engaged wallets to upvote or follow a collection. Once a user with an engaged wallet to upvote or follow a collection, they will remain as an upvote or follower unless they proactively unfollow a collection.</li></ul><h4 style="margin-left:0px;">EARNABLE BADGES FOR COLLECTIONS</h4><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3a5198b5-f314-4d83-98c7-25fa216d3e41_1589x885.jpeg 1456w" sizes="100vw" width="1100"><figcaption>Again, all mockups are drafts only and do not represent final UI</figcaption></figure><p style="margin-left:0px;">We’re working on three badges to give collectors additional signals of trust.&nbsp;</p><ul><li><strong>Provenance badge:</strong> this badge indicates that a collection’s candy machine ID or hash list has been verified to belong to the respective project team (as opposed a duplicate collection that has copy and pasted the original team’s artwork and is trying to pass off the NFT as the original). No other benefits are unlocked by the collection having this badge, but we believe this is an important signal to NFT collectors.</li><li><strong>Doxxed badge: our stance is that</strong> <strong>doxxing is completely optional. </strong>However, we wish to provide a badge of distinction for the creators who want to dox as we recognize some collectors value this signal. We are partnering with Civic (a KYC company) and other ecosystem partners to allow project leads to present themselves for identity verification. <a href="https://www.civic.com/solutions/verified-by-civic-pass/"><u>Civic’s standards are listed here</u></a>. Again, having this badge does not unlock any other benefits, but we have heard that it helps help some users feel more secure transacting.</li><li><strong>Volume Badge: </strong>Based on collections passing a threshold of volume, they will also receive a volume badge. We will continue to define, monitor and iterate what the threshold should be, because we don’t want bad actors to exploit this system.</li></ul><h3 style="margin-left:0px;">Conclusion</h3><p style="margin-left:0px;">These updates seek to balance protecting users and giving them the right information to make informed choices while striving towards an open and community-driven listing model. Note that our <a href="https://magiceden.io/terms-of-service.pdf"><u>terms of service</u></a><i> </i>will apply to users who use our platform and these features as we roll these out.</p><p style="margin-left:0px;">Once again, many of these ideas are still in development, and we pride ourselves on listening to our community and we will certainly continue to refine, iterate and add to these changes going forward as we learn more about the issues that the community faces. We look forward to your feedback <a href="https://discord.com/invite/magiceden"><u>on our Discord channel</u></a> to help us refine these ideas further in the upcoming days before launch.</p><p style="margin-left:0px;">—</p><p style="margin-left:0px;"><i>Ask us anything at Magic Eden’s Townhall on Twitter, 20 Dec at 6.15PM EST/ 11.15PM UTC.</i></p>

Sharing our early thoughts on what an open listing model can look like.

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Magic Eden's Approach To An Open Listing Model

<figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd72bb709-20fd-402a-9d04-535b2ead9df7_1400x787.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd72bb709-20fd-402a-9d04-535b2ead9df7_1400x787.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd72bb709-20fd-402a-9d04-535b2ead9df7_1400x787.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd72bb709-20fd-402a-9d04-535b2ead9df7_1400x787.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd72bb709-20fd-402a-9d04-535b2ead9df7_1400x787.jpeg 1456w" sizes="100vw" width="1400"><figcaption><i>Magic Eden is proud to be</i><a href="http://faraway.gg/"><i><u> Faraway</u></i></a><i>’s primary marketplace for their Genesis Drop. We will feature them on</i><a href="https://magiceden.io/launchpad"><i><u> Magic Eden Launchpad</u></i></a><i> on December 6.</i></figcaption></figure><h2 style="margin-left:0px;"><a href="http://magiceden.io/"><strong><u>Magic Eden</u></strong></a><strong> is building partnerships with </strong><a href="http://faraway.gg/"><strong><u>Faraway</u></strong></a><strong>, one of the best crypto gaming companies.</strong></h2><h4 style="margin-left:0px;"><strong>Why gaming?</strong></h4><p style="margin-left:0px;">Web3 and gaming are a no-brainer. According to<a href="https://twitter.com/brianjcho/status/1459176570174672897"><u> Brian Cho</u></a>, it’s symbiotic — gamers are used to the fundamental elements of Web3 and Web3 builds on the fundamental elements of gaming. NFTs integrate seamlessly into this idea as gamers love collecting things. In the US alone,<a href="https://www.statista.com/statistics/558952/in-game-consumer-spending-worldwide/"><u> gamers have spent $54B on in-game content</u></a>. Through actual ownership and liquidity, NFTs empower gamers with real-world value. At a number of local businesses, $SLP (the token players earn) is recognised as a mode of payment for things like a Covid-19 test and a plate of dumplings. Talk about crypto utility, huh?</p><h4 style="margin-left:0px;"><strong>Gaming x Solana</strong></h4><p style="margin-left:0px;">With its super-fast speed and low fees, Solana is the ideal gaming platform for both creators and gamers. For Anatoly Yakovenko, CEO of Solana Labs, “Decentralized gaming is the next frontier for blockchain technology.” Early this month, Solana Ventures in partnership with FTX and Lightspeed, launched a<a href="https://www.theblockcrypto.com/linked/123397/solana-ventures-ftx-lightspeed-100-million-blockchain-gaming-fund?utm_source=twitter&amp;utm_medium=social"><u> $100M fund to invest in startups focused on building blockchain gaming studios</u></a>.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F43ae2f7f-d34c-4e5d-868d-13509d79d838_1400x1400.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F43ae2f7f-d34c-4e5d-868d-13509d79d838_1400x1400.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F43ae2f7f-d34c-4e5d-868d-13509d79d838_1400x1400.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F43ae2f7f-d34c-4e5d-868d-13509d79d838_1400x1400.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F43ae2f7f-d34c-4e5d-868d-13509d79d838_1400x1400.png 1456w" sizes="100vw" width="442"><figcaption>Mini Royale Season 1: Vikings in the Miniverse</figcaption></figure><h4 style="margin-left:0px;"><strong>Why Magic Eden x Faraway</strong></h4><p style="margin-left:0px;">One such studio is<a href="http://faraway.gg/"><u> </u><strong><u>Faraway</u></strong></a><strong>, </strong>a browser-gaming studio aiming to encourage mass adoption with native blockchain wallet integration and tokenized in-game currencies. Co-founders<a href="https://www.linkedin.com/in/alexpaley/"><u> Alex Paley</u></a> and<a href="https://www.linkedin.com/in/denzz/"><u> Dennis Zdonov</u></a>, with over a decade of experience in game-making, represent the next generation of gaming founders. Faraway has<a href="https://www.theblockcrypto.com/linked/123391/faraway-funding-browser-based-blockchain-games-solana"><u> secured $21M in Series A funding</u></a> and is launching their player-driven universe with <strong>Mini Royale: Nations</strong>, a multiplayer shooting game with a land strategy meta. Word on the street: they’re <strong>Solana’s first live multiplayer games</strong>.</p><h4 style="margin-left:0px;"><strong>Our partnership</strong></h4><p style="margin-left:0px;">We are proud to announce our first partnership with <a href="https://faraway.gg/"><u>Faraway</u></a>, a gaming company focused on player-driven economies. Their debut game <a href="https://miniroyale.io/"><u>Mini Royale</u></a> features 1.6M players and over 55,000 battles daily. Players can look forward to the following:</p><ul><li><strong>Competitive PVP Shooter: </strong>Compete against players from around the world to earn tokens and rise up the leaderboards</li><li><strong>Clan Wars: </strong>Battle alongside your clanmates in perilous missions and tournaments to bring back untold fortunes</li><li><strong>Land Ownership &amp; Control: </strong>Purchase land or seize control of land from other players. Build mines, refineries and more to monetize your land holdings</li><li><strong>Endless Creation Opportunities: </strong>Form alliances, build cities, and create new game modes and assets. Make your mark on the Mini Royale universe</li></ul><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F881e7fab-7c03-4b16-99f2-6ad4245dfb6d_1400x1400.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F881e7fab-7c03-4b16-99f2-6ad4245dfb6d_1400x1400.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F881e7fab-7c03-4b16-99f2-6ad4245dfb6d_1400x1400.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F881e7fab-7c03-4b16-99f2-6ad4245dfb6d_1400x1400.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F881e7fab-7c03-4b16-99f2-6ad4245dfb6d_1400x1400.png 1456w" sizes="100vw" width="426"><figcaption>Mini Royale Season 1: Vikings in the Miniverse</figcaption></figure><h4 style="margin-left:0px;"><strong>Launchpad details</strong></h4><p style="margin-left:0px;">Magic Eden is proud to be Faraway’s primary marketplace for their Genesis drop around mid-December. The Mini Royale Genesis Drop will feature playable characters from Season 1, themed: “Vikings in the Miniverse”. All character NFTs purchased in the Drop will be playable in-game and will eventually give access to special seasonal events.</p><p style="margin-left:0px;">As a Launchpad project, Faraway will receive end-to-end minting and marketing support from Magic Eden. Immediately after items are minted, they will be given instant verified access to Magic Eden’s secondary marketplace. We’re excited to share that 2,500 out of 10,000 Mini Royale character NFTs will be released on <strong>December 6 via Magic Eden Launchpad.</strong> The remaining NFTs will be launched on the official <a href="https://miniroyale.io/"><strong><u>Mini Royale website</u></strong></a><strong> on December 9.</strong> Stay tuned<a href="https://twitter.com/MiniNations"><u> here</u></a>. There will be NFT Drops to go along with each new season, so join the Mini Royale <a href="https://discord.gg/miniroyale"><u>Discord</u></a> to stay up to date.</p><h4 style="margin-left:0px;"><strong>Future partnership scope</strong></h4><p style="margin-left:0px;">We look forward to a long term partnership with Faraway and believe we can add meaningful value to players together after the drop. We are discussing ways to improve the experience of the game through an embedded marketplace experience that engages players and offers utility. More to come.</p>

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Web3 Gaming Partnership: Magic Eden x Faraway

Gaming on Solana is heating up!

<p style="margin-left:0px;">Hey all,</p><p style="margin-left:0px;">We wanted to write a post to share<i><strong> </strong></i><strong>why we no longer request exclusivity from creators.</strong></p><p style="margin-left:0px;">The word ‘community’ is frequently thrown around in digital spaces at the risk of the dilution of its meaning. In marketplaces, subtle distinctions separate a user from being a community member versus simply a consumer. In conventional marketplaces (e.g., e-commerce), the role of the user is simply to transact. A community, however, encourages flexibility and openness, where creators, holders, and supporters should be able to engage with each other. We strive to create such a fluid community through Magic Eden.</p><p style="margin-left:0px;">As secondary trading continues to heat up, all marketplaces are battling to be the sole venue for top projects. One approach to gain market share is through exclusivity agreements. While we implemented such agreements in the past, we received feedback that made us rethink our approach. Creators want the choice to list their collection on any secondary marketplace they choose. NFT owners want the flexibility to buy/sell items on any marketplace. To strengthen our community, we ultimately decided it was important to offer everyone the power of choice.</p><p style="margin-left:0px;">Our ultimate endeavor is to have the most feature-rich experience, most supportive team and best tools to showcase and discover collections. Thus, we will no longer tell a project not to work with other marketplaces. Consequently, we do not consider ourselves bound to others’ exclusivity agreements so long as we have verified the collection or piece. Currently, our team is verifying the listings on Magic Eden, although in the long term we intend to enable community members to verify the authenticity of listings directly. We admire the open culture that surrounds Crypto, and do not seek to control how and where people sell NFTs, including collections that originally debuted on Magic Eden.</p><p style="margin-left:0px;">This is such an exciting time for Magic Eden, and we are grateful for the trust our community members have placed in us. We hope through these types of entries, we can share more about our thoughts as we continue to grow.</p>

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Why Magic Eden No Longer Requires Exclusivity From Creators

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<p style="margin-left:0px;">Hey everyone!</p><p style="margin-left:0px;">It’s been a busy week. Since going live with our<a href="https://www.magiceden.io/launchpad"><u> Magic Eden Launchpad</u></a> Alpha cohort, we’ve received a flood of questions from our community about how Launchpad works. This post provides information on Launchpad while keeping in mind this platform is in its nascence and evolving everyday.</p><p style="margin-left:0px;">The party is just getting started. We’re excited you’re here with us.</p><h2 style="margin-left:0px;"><strong>Magic Eden Launchpad Achievements So Far</strong></h2><p style="margin-left:0px;">We are proud to have launched 2 creators’ work in our Alpha round:</p><p style="margin-left:0px;"><a href="https://www.magiceden.io/marketplace?collection_symbol=paragon_art"><u>Paragon Art</u></a>: sold out <strong>35 </strong>items in <strong>1 second!</strong></p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda4167f3-0efe-4f08-b69b-9d3d4663b9a5_1400x749.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda4167f3-0efe-4f08-b69b-9d3d4663b9a5_1400x749.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda4167f3-0efe-4f08-b69b-9d3d4663b9a5_1400x749.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda4167f3-0efe-4f08-b69b-9d3d4663b9a5_1400x749.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda4167f3-0efe-4f08-b69b-9d3d4663b9a5_1400x749.png 1456w" sizes="100vw" width="534"><figcaption>Lanterns by Paragon Art</figcaption></figure><p style="margin-left:0px;"><a href="https://www.magiceden.io/marketplace?collection_symbol=surging_bulls"><u>Surging Bulls</u></a>: sold out <strong>2,000</strong> items <strong>in 10 seconds!</strong></p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3c773b6-db07-41ab-aa01-b7751eb921b7_513x603.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3c773b6-db07-41ab-aa01-b7751eb921b7_513x603.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3c773b6-db07-41ab-aa01-b7751eb921b7_513x603.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3c773b6-db07-41ab-aa01-b7751eb921b7_513x603.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc3c773b6-db07-41ab-aa01-b7751eb921b7_513x603.png 1456w" sizes="100vw" width="379"><figcaption>Bull #535 by Surging Bulls</figcaption></figure><p style="margin-left:0px;">Total transaction value from these 2 launches exceeds 2,850 SOL to date. Thank you Paragon Art and Surging Bulls for being fantastic partners with us.</p><p style="margin-left:0px;">Did you know we also created a <a href="https://open.spotify.com/show/14ILTs59xDwBFo419MNUhA?si=20e9eae608ec461d"><u>Magic Eden podcast</u></a> to celebrate our creators? Check out their episodes below!</p><div class="raw-html-embed"><iframe class="spotify-wrap podcast" data-attrs="{&quot;image&quot;:&quot;https://i.scdn.co/image/ab6765630000ba8a5bbc94831e6701e93b8cee0b&quot;,&quot;title&quot;:&quot;Paragon Art&quot;,&quot;subtitle&quot;:&quot;By Magic Eden&quot;,&quot;description&quot;:&quot;Podcast episode&quot;,&quot;url&quot;:&quot;https://open.spotify.com/episode/4ti0uR9iYAUQIol0aOizSM&quot;}" src="https://open.spotify.com/embed/episode/4ti0uR9iYAUQIol0aOizSM" frameborder="0" gesture="media" allowfullscreen="true" allow="encrypted-media"></iframe></div><p style="margin-left:0px;">Meet Sean, the creator and founder behind Paragon Art. We discuss how he got started in NFTs mere weeks ago, advice for new creators, and what’s coming next for Paragon Art.</p><div class="raw-html-embed"><iframe class="spotify-wrap podcast" data-attrs="{&quot;image&quot;:&quot;https://i.scdn.co/image/ab6765630000ba8a3b2030d3156ada352616f256&quot;,&quot;title&quot;:&quot;Surging Bulls&quot;,&quot;subtitle&quot;:&quot;By Magic Eden&quot;,&quot;description&quot;:&quot;Podcast episode&quot;,&quot;url&quot;:&quot;https://open.spotify.com/episode/5aotiBSaddHp1qsM4FdWx5&quot;}" src="https://open.spotify.com/embed/episode/5aotiBSaddHp1qsM4FdWx5" frameborder="0" gesture="media" allowfullscreen="true" allow="encrypted-media"></iframe></div><p style="margin-left:0px;">Meet Simon from Surging Bulls, a former trader turned sol NFT maxi.</p><hr><h4 style="margin-left:0px;"><strong>Upcoming Launches</strong></h4><p style="margin-left:0px;">We are thrilled to share more creators with our growing community over the next few days:</p><ul><li>10/11: <a href="https://www.magiceden.io/launchpad/orc_racing_club"><u>Orc Racing Club</u></a></li><li>10/13: <a href="https://www.magiceden.io/launchpad/thirsty_cactus_garden_party"><u>Thirsty Cactus Garden Party</u></a></li><li>10/15: <a href="https://www.magiceden.io/launchpad/zoolana"><u>Zoolana</u></a></li></ul><p style="margin-left:0px;">Dates may be subject to change pending ongoing communication and preparation with each project.</p><hr><h2 style="margin-left:0px;"><strong>About Launchpad and Benefits For Creators</strong></h2><p style="margin-left:0px;">If you’ve watched multiple YouTube videos and still find the minting process confusing, you’re not alone. We know that creators have a lot of competing demands between growing their communities, curating metaverse experiences, and — oh yeah — actually creating artwork for their collections. With Launchpad, we focus on the tech, so you can focus on the community.</p><p style="margin-left:0px;"><strong>We built Launchpad to make minting simple, seamless, and secure for creators worldwide. </strong>We recently added local language website capabilities for Korean, Japanese, Turkish, and Vietnamese.</p><p style="margin-left:0px;"><strong>Launchpad delivers 4 key benefits to creators:</strong></p><ul><li><strong>Full-service NFT minting support:</strong><br>Instead of hiring engineers to ensure code isn’t broken or to set up candy machines, you can leave that work to us. Magic Eden provides white glove service to creators during every step of the minting process. We make sure you securely launch without bugs or delays.</li><li><strong>Curated community of creators:</strong><br>Our rigorous application review ensures exclusivity. Given our &lt;5 percent acceptance rate, we hope to build trust within the Solana community and among creators that we accept. We offer a dedicated Discord channel to all creators who are Launchpad alumni as well.</li><li><strong>Automatic distribution on Magic Eden:</strong><br>Upon minting completion, your collections will be automatically distributed on Magic Eden. Creators enjoy a 0% listing fee. All users enjoy only a 2% transaction fee.</li><li><strong>Outbound marketing support:</strong><br>Prior to launch, we build buzz via our socials. We share launch announcements on <a href="https://twitter.com/magiceden_nft"><u>Twitter</u></a> and<a href="https://discord.com/invite/Ha8rC6vUxK"><u> Discord</u></a>, and offer dedicated episodes on<a href="https://open.spotify.com/show/14ILTs59xDwBFo419MNUhA?si=d3eb4713ec5b47eb"><u> Spotify</u></a>.</li></ul><hr><h2 style="margin-left:0px;"><strong>How To Apply For Launchpad</strong></h2><p style="margin-left:0px;"><strong>Application form:</strong></p><p style="margin-left:0px;">All creators must complete our <a href="https://airtable.com/shrMhMDpcvt9nB6cu"><u>Magic Eden Launchpad Submission Form</u></a> to be considered. For our Alpha cohort, we selected 5 creators from hundreds of applications. To shoot your best shot, read on.</p><p style="margin-left:0px;"><strong>Creators we love:</strong><br>We’re scouting for quality creators looking for a long term home for their collections. Launchpad can support collections of all sizes. Our selection criteria include:</p><ul><li><strong>Dedication: </strong>we accept applications from teams of one to many. Regardless of team size, we look for applications that show creators’ passion and dedication as artists and Solana community members</li><li><strong>Clear future roadmap:</strong> we love seeing a strong long term vision for creators’ projects versus a quick cash grab</li><li><strong>Focus on community: </strong>we look for creators who possess a laser focus on scaling communities and deepening engagement with their members</li></ul><p style="margin-left:0px;"><strong>Launchpad scope:</strong><br>We will be adding more features to Launchpad as we continue to grow. For our second cohort, we ask that creators be aware of the following requirements:</p><ul><li><strong>Randomized fixed price minting:</strong> creators can set the overall price for their collection. Each NFT item will be set at one fixed price that contributes towards the overall price of the collection.</li><li><strong>PNG artwork format:</strong> we currently only support static images at this time and request all items to be in PNG format.</li><li><strong>Completed submission form:</strong> only applications with a 100% completed submission form will be considered. Applications with blank responses for any questions may be discarded.</li><li><strong>Minting the full collection: </strong>we do not support custom minting (e.g., whitelisting, pre-mint campaigns). Ideally, we would like creators’ full collections. If creators do want to whitelist or pre-mint, please send us the collection excluding those items.</li></ul><p style="margin-left:0px;"><strong>Timing for cohorts:</strong></p><ul><li><strong>Application deadline: </strong>Please submit your<a href="https://airtable.com/shrMhMDpcvt9nB6cu"><u> Magic Eden Launchpad Submission Form</u></a> to be considered for Launchpad. Applications will be considered on a rolling basis.</li><li><strong>Announcements:</strong> For our next cohort, accepted and rejected applications will be notified by the end of October. If you have not heard back from us by the end of the month, this means we have placed you in our pipeline for possible future cohort consideration, although this does not guarantee placement. We will also share timing for future cohorts by the end of the month.</li><li><strong>Re-applying: </strong>Should you wish to strengthen your application with supplementary materials (project updates, more details on your collection and community, etc), we welcome you to re-apply at most once a month. For creators who are re-applying for Launchpad, please fill in the first field of the submission form for “Project Name” as [RE-APPLY] and the name of your project (for example: “[RE-APPLY] Bananas”).</li></ul><hr><h2 style="margin-left:0px;"><strong>What To Expect If You’ve Been Accepted</strong></h2><p style="margin-left:0px;">For accepted creators, the process for launch involves 3 steps. Our team will be actively engaged throughout to ensure all projects go live smoothly.</p><ul><li><strong>Confirmation: </strong>creators to receive notice of acceptance with action items, important dates, and request for meeting with the Magic Eden team</li><li><strong>Onboarding: </strong>creators to send files to Magic Eden, coordinate marketing plans, and run a test launch on devnet to ensure no issues</li><li><strong>Launch: </strong>Live minting on <a href="https://magiceden.io/launchpad"><u>Magic Eden Launchpad</u></a></li></ul><hr><h4 style="margin-left:0px;"><strong>Questions?</strong></h4><p style="margin-left:0px;">If you have questions <i><strong>before</strong></i> submitting your application, please reach out to <a href="mailto:launchpad@magiceden.io"><u>launchpad@magiceden.io</u></a> with a subject line “[LAUNCHPAD PRE-SUBMISSION INQUIRY] and your question” and our team will respond to your inquiry as soon as we can (for example: “[LAUNCHPAD PRE-SUBMISSION INQUIRY] project story and goals”).</p><p style="margin-left:0px;">If you have already submitted your application, please note that we may not be able to provide status updates or decision explanations for each application.</p><h4 style="margin-left:0px;"><strong>How to Stay On Our Radar Post-Application</strong></h4><p style="margin-left:0px;">We read through every application and appreciate the time and effort creators put into them. Our process is highly competitive. If you were not accepted into our Alpha cohort, this does not mean we’ll never consider you again. Your application will remain in our pipeline. We welcome you to re-apply at most once per month with more updates on your work. As always, please also join us on<a href="http://twitter.com/magicEden_NFT"><u> Twitter</u></a> and <a href="https://discord.com/invite/magiceden"><u>Discord</u></a> to keep in touch.</p><h4 style="margin-left:0px;"><strong>We’re Hiring!</strong></h4><p style="margin-left:0px;">As a side note, we are actively expanding our team across a range of positions, including engineering, business development / partnerships, community management, and marketing.</p><p style="margin-left:0px;">If you’re interested in joining us, please email <a href="mailto:katte@magiceden.io"><u>katte@magiceden.io</u></a> with the subject line [HIRING INQUIRY] followed by the function(s) you might be interested in. For example, the subject line may be “[HIRING INQUIRY] Engineering”.</p><p style="margin-left:0px;">Thank you to everyone for your support. We look forward to growing with you.</p>

The latest Magic Eden feature that provides full-service NFT minting support

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Magic Eden Launchpad

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<p style="margin-left:0px;">To celebrate the launch of<strong> </strong><a href="https://www.magiceden.io/"><strong><u>Magic Eden</u></strong></a>, and to thank our community for their support, we are hosting our very first lottery where the<strong> 9 people </strong>will have the chance to win a minimum prize pool of<strong> 30 SOL!</strong></p><p style="margin-left:0px;"><strong>Lottery Period:</strong> Sept. 21st 2021 06:00 PM — Sept. 24th 2021 06:00 PM (PST)</p><h2 style="margin-left:0px;"><strong>How To Participate</strong></h2><p style="margin-left:0px;">Anyone who <strong>lists</strong>, <strong>buys</strong>, or <strong>sells</strong> an item from either one of these 3 projects: <a href="https://twitter.com/CyberSamuraiNFT"><strong><u>The Cyber Samurai</u></strong></a><strong>, </strong><a href="https://twitter.com/FastFoodSMB"><strong><u>Fast Food SMB</u></strong></a><strong>, </strong><a href="https://twitter.com/DegenLizzy_NFT"><strong><u>Degen Lizzy</u></strong></a>, and follows <a href="https://twitter.com/MagicEden_NFT"><strong><u>Magic Eden</u></strong></a> on Twitter/Discord, will be eligible to enter the lottery to win Magic Eden platform fees from the lottery period as specified above. A minimum prize pool of <strong>30 SOL</strong> will be guaranteed.</p><h4 style="margin-left:0px;"><strong>How It Will Work</strong></h4><ul><li>On Sept. 24th 2021 06:00 PM (PST) we will release the list of transactions that happened over the lottery period related to Cyber Samurai, Fast Food SMB or Degen Lizzy on the Magic Eden Twitter and Discord accounts. These transactions will be eligible to enter the lottery</li><li>To enter the lottery, the eligible user (refer to eligibility requirements above) will be asked to submit a form with socials details, and wallet address for Magic Eden to pay out the prize money correctly</li><li>Winners will be announced on the <strong>Magic Eden </strong><a href="https://t.co/7lrgQ9Z1BM?amp=1"><u>Discord</u></a> and <a href="https://twitter.com/MagicEden_NFT"><u>Twitter</u></a> accounts.</li></ul><h4 style="margin-left:0px;"><strong>Price Details</strong></h4><p style="margin-left:0px;">Eligible participants (see eligibility requirements above) will be split into 3 prize pools according to the NFTs they listed/traded.</p><p style="margin-left:0px;">The NFTs eligible for the lottery are <strong>Cyber Samurai</strong>, <strong>Fast Food SMB</strong> and <strong>Degen Lizzy</strong>. There will be a draw in each of the 3 pots where:</p><ul><li><strong>3 randomly drawn</strong> people who listed/traded Cyber Samurai <strong>equally split 1/3 of ALL fees Magic Eden</strong> generated during the competition</li><li><strong>3 randomly drawn</strong> people who listed/traded Fast Food SMB <strong>equally split 1/3 of ALL fees Magic</strong> Eden generated during the competition</li><li><strong>3 randomly drawn</strong> people who listed/traded Degen Lizzy <strong>equally split 1/3 of ALL fees Magic Eden</strong> generated during the competition</li></ul><h4 style="margin-left:0px;"><strong>Additional Lottery Details</strong></h4><ul><li>Anyone who lists their item from above participating collections gets 5 tickets</li><li>If sold, both the buyer and seller get 1 ticket for 0.1 SOL of sale price</li></ul><blockquote><p style="margin-left:1em;"><i>For example, an item sells for 3.1 SOL, buyer gets 31 tickets and seller gets 31 tickets</i></p></blockquote><ul><li>Users can enter a referee into the draw on the last day of the lottery period. Both the referrer AND the referee get 25 tickets</li></ul><p style="margin-left:0px;"><strong>Note:</strong></p><p style="margin-left:0px;">The Lottery will be held off-chain by the standards off the <strong>Fair Lottery Protocol</strong>.</p><h4 style="margin-left:0px;"><strong>MAGIC EDEN — The Next-Gen NFT Marketplace</strong></h4><p style="margin-left:0px;">Our vision is to democratize access to NFTs for artists and collectors by building an <strong>immersive cross-chain NFT marketplace,</strong> leveraging the power of Solana &amp; Serum. We want to be the biggest and most liquid NFT marketplace globally and home to the next generation of digital creators.</p>

To celebrate the launch of Magic Eden, and to thank our community for their support, we are hosting our very first lottery!

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Magic Eden Lottery X Cyber Samurai, Fast Food SMB & Degen Lizzy

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<p style="margin-left:0px;">Welcome to the wild world of Discord. Originally designed for gamers, this social app has become the go-to meeting place for all sorts of niche communities - especially in Web3. Whether you are a collector interested in joining a project’s community or a creator looking to build a community around your own collection, your journey will begin on Discord.&nbsp;</p><p style="margin-left:0px;">A Discord server will typically include a variety of channels for different purposes: announcements, general chats, swapping, selling, project roadmap, showcasing, etc. Many servers use bots to help moderate and track member access and communications. Some servers may also use verification bots, so you’ll need to connect your wallet in order to participate.&nbsp;</p><p style="margin-left:0px;">In this post, we’ll walk you through the basics of a Discord server: from joining to navigating to participating.&nbsp;</p><h1 style="margin-left:0px;">Joining a Discord Server</h1><p style="margin-left:0px;">You will join a Discord server by clicking on an invite link which you can usually find in a collection’s <a href="https://magiceden.io/"><u>Magic Eden</u></a> profile or Twitter bio. This will redirect you to your Discord app to accept the invite. Most Discord servers will have a few verification tasks you need to complete before joining the server, such as reading through a set of roles and reacting with a certain emoji. These tasks are set up to ensure that you aren’t a bot or a malicious actor.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F469b0db4-b3d8-403b-9848-f63247e157da_1600x911.png" alt="discord invite to magic eden's discord server" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F469b0db4-b3d8-403b-9848-f63247e157da_1600x911.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F469b0db4-b3d8-403b-9848-f63247e157da_1600x911.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F469b0db4-b3d8-403b-9848-f63247e157da_1600x911.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F469b0db4-b3d8-403b-9848-f63247e157da_1600x911.png 1456w" sizes="100vw" width="1456"><figcaption>Discord invitation to Magic Eden’s Discord server</figcaption></figure><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbbaa5009-ee62-4dec-996d-dc33b4f55427_1016x922.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbbaa5009-ee62-4dec-996d-dc33b4f55427_1016x922.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbbaa5009-ee62-4dec-996d-dc33b4f55427_1016x922.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbbaa5009-ee62-4dec-996d-dc33b4f55427_1016x922.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fbbaa5009-ee62-4dec-996d-dc33b4f55427_1016x922.png 1456w" sizes="100vw" width="1016"><figcaption>You’ll have to agree to these standard guidelines in order to be let into the Discord server</figcaption></figure><h1 style="margin-left:0px;">Navigating Channels</h1><p style="margin-left:0px;">Discord servers contain several channels - each of which contain different types of discussion or information. A channel may be a text or voice channel, some of which may be read or listen-only.</p><p style="margin-left:0px;">Because every server has its own unique channel structure, navigating a new server can take a bit of adjustment. These are a few common components to look out for:</p><ol><li><strong>Start Here:</strong> The first thing to look out for is an “intro”, “faq” or “start here” channel. These channels are typically read only, with information directly from the server moderators or creators and contain information about how to interact with different channels and locate certain content.</li><li><strong>Roadmap:</strong> Many project servers contain a roadmap, where you can keep track of project milestones, drop schedules, and owner perks. Navigate here to keep up to date with the project as a whole.</li><li><strong>General:</strong> You will be able to see server-wide discussions and questions. This is a great place to get a sense of what is generally going on in the community.</li><li><strong>NFT-Related:</strong> Once you’ve gotten situated with the server structure, locate the channels for showcasing, trading, and selling your collectibles. These channels will be a great resource once you’ve purchased NFTs from the collection.</li><li><strong>Lore:</strong> Depending on the NFT collection, you may find a lore or storytelling channel. Some projects have backstories for each character. This can be a fun place to immerse yourself in that world!</li><li><strong>Social:</strong> Finally, check out some of the social channels for casual discussion topics. These topics will vary by server!</li></ol><h1 style="margin-left:0px;">Understanding Discord Integrations</h1><p style="margin-left:0px;">The most popular type of Discord integration is a bot. Discord bots can serve a variety of functionalities within a server - moderation, price updates, verification, calendaring, role management, etc. They typically serve to automate tedious tasks or enhance channel structures. In addition to bots, some projects may use third-party integrations to further enhance the server experience.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F08fbaeb2-1778-420d-9f75-b95ad8609e39_346x232.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F08fbaeb2-1778-420d-9f75-b95ad8609e39_346x232.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F08fbaeb2-1778-420d-9f75-b95ad8609e39_346x232.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F08fbaeb2-1778-420d-9f75-b95ad8609e39_346x232.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F08fbaeb2-1778-420d-9f75-b95ad8609e39_346x232.png 1456w" sizes="100vw" width="346"><figcaption>Example of a Discord verification bot</figcaption></figure><p style="margin-left:0px;">One popular integration to Solana projects is <a href="https://grapes.network/"><u>Grape Protocol</u></a>. Grape integrated into a Discord server provides a variety of wallet-connected functionalities. If you join a server that employs Grape, you will be prompted to connect a <a href="https://blog.magiceden.io/p/how-to-choose-a-solana-wallet"><u>Solana wallet</u></a> to continue. Once inside the server, you may have access to different channels depending on the presence or balance of NFTs in your wallet. This protocol enables proof of “skin in the game” member filtering, establishes token-gating for exclusive channels and introduces a variety of novel reward and moderation tools.&nbsp;</p><p style="margin-left:0px;">Solaland’s is another verification bot offering token-gated features to enhance the server experience, enabling roles and channels that are unique to the project. These features include private channels for verified holders of the NFTs, weighted roles based on how many NFTs a user holds, and roles based on attributes of the NFTs. Another discord integration is Solabots which allows server members to claim roles if they hold certain NFTs from the collection. Their Wallet Role Bot allows server members to claim roles if they are the owners of certain wallet addresses. Both of these integrations update roles automatically as items are sold.</p><h1 style="margin-left:0px;">Common Discord Scams to Know and Avoid</h1><p style="margin-left:0px;">Like any great tech-enabled endeavor, NFT projects are at risk of being scam targets. In the NFT landscape, there are a variety of tactics used to scam individuals of tokens, NFTs, and other valued assets. Here are some common ones to be aware of:&nbsp;</p><ol><li><strong>Moderator impersonation:</strong> sometimes scammers will pretend to be a server mod and DM you, asking for compromising information about your wallet or assets. A legitimate moderator will <strong>never</strong> ask for personal information, verification, or seed phrases in public <strong>or</strong> private chat.</li><li><strong>Fake Sales:</strong> these Discord servers often include a place for individuals to connect and trade assets directly. Peer-to-peer trades (i.e. ones not mediated by a platform like Magic Eden) should be done with great caution and due diligence, as many scammers will try and sell you fake versions of collection NFTs. Server moderators and owners cannot do anything to resolve a fraudulent trade should you fall victim, so act wisely.</li><li><strong>Leaked Information:</strong> some scammers may phish for compromising information via DM, requesting private keys or passwords. You <strong>never</strong> need to disclose your private key for a transaction (that’s what public keys are for!), and if you are prompted to do so, it is a scam. Giving an attacker your private key could allow them to access and drain your wallet of funds/assets. Not good!</li></ol><p style="margin-left:0px;">Discord is a great way to connect with fellow collectors, project members, and enthusiasts. It can help bring your NFTs to life and introduce you to new friends along the way. Try it out for yourself, and of course, do so with both curiosity and caution!</p>

Originally designed for gamers, Discord is now the go-to place for NFT communities. Learn how to use, navigate and participate in a Discord server. 

Newbie's Guide to NFT Discord

<p style="margin-left:0px;">Auctions for one-of-one art pieces are gaining popularity on Solana. NFT collectors flock to attention grabbing <a href="https://magiceden.io/auctions"><u>auctions</u></a> shared on Twitter and in Discord servers. They're much more exhilarating than your regular ol' auction house (sorry not sorry Christie's). Behind it all, the Solana blockchain is facilitating a golden age of opportunity for all artists, especially small and newer artists. Through auctions, NFT collectors are supporting NFT creators in a massive way. Understanding how auctions work on Solana can help new artists price their pieces correctly and get rewarded fairly for their work.</p><p style="margin-left:0px;">NFTs (non-fungible tokens) on Solana are <a href="https://blog.magiceden.io/p/2021-solana-nft-recap"><u>relatively new</u></a>, and generative profile pictures remain dominant. The one-of-one space is just starting to get the attention it deserves, which is rewarding for everyone involved. The audience on Solana is eager to spend on quality art from up and coming artists. It’s exciting for auction bidders to find value in great contemporary art from under-appreciated artists on Solana.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6a1a8d35-0665-463c-8d54-e2dd59932565_1600x847.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6a1a8d35-0665-463c-8d54-e2dd59932565_1600x847.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6a1a8d35-0665-463c-8d54-e2dd59932565_1600x847.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6a1a8d35-0665-463c-8d54-e2dd59932565_1600x847.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6a1a8d35-0665-463c-8d54-e2dd59932565_1600x847.png 1456w" sizes="100vw" width="1456"><figcaption>Creators and artists can host both English and Dutch Auctions on <a href="https://magiceden.io/auctions"><u>Magic Eden</u></a></figcaption></figure><h3 style="margin-left:0px;"><strong>1/1 via Auction vs. Buy Now</strong></h3><p style="margin-left:0px;">Both seasoned and first time NFT artists can use auctions. Unlike Ethereum where there’s a high minting cost in ETH gas fees, Solana’s transaction fees are close to none. There are reasons to sell one-of-one art through instant buy but in the vast majority of cases, an auction is the best idea for NFT artists and collectors.</p><p style="margin-left:0px;">The main reason why: <strong>pricing</strong>. It’s insanely difficult to gauge the proper value for your digital&nbsp;art. Furthermore, a fixed price drop can carry with it the cadence of lower quality and value for both the artist’s work and the collector’s investment. Through auctions, bidders naturally come to an agreed upon value for the piece. They can bid their perceived value for your digital work of art and win if it is the largest value.</p><p style="margin-left:0px;">Auctions also develop an interest on their own that an instant buy doesn’t generate. By seeing what others are bidding on, potential buyers can see <strong>genuine interest</strong> in an artwork backed by real monetary value (in cryptocurrency). Each bidder helps the creator build an audience, contributing to the attention placed on the auction. NFT creators and collectors have unusually aligned incentives dealing with one-of-one art on Solana.</p><h3 style="margin-left:0px;">How do auctions work?</h3><p style="margin-left:0px;">There are two types of auctions for NFTs on <a href="https://magiceden.io/auctions"><u>Magic Eden</u></a>: Dutch and English.</p><p style="margin-left:0px;">For one-of-one art, English Auctions are used in almost all cases. Dutch Auctions are used for many of the largest NFT sales.</p><h4 style="margin-left:0px;">Pricing</h4><p style="margin-left:0px;">Pricing is the most important information about any auction. All pricing information should be available to buyers before placing bids in order to make an informed decision. Here are some key terminology to know:</p><p style="margin-left:0px;"><strong>Starting Price</strong> is the price that the auction starts at.</p><p style="margin-left:0px;"><strong>Tick Price</strong> is the minimum increment by which the bids must change by, either increasing for English Auctions or decreasing in Dutch Auctions.</p><p style="margin-left:0px;"><strong>Royalties</strong> are the percentage that the artist will receive from any secondary sale. On Solana, this is built into the metadata of the NFT itself.&nbsp;&nbsp;</p><h4 style="margin-left:0px;">Dutch Auction</h4><p style="margin-left:0px;">A Dutch Auction starts with a high asking price, and is lowered by the tick price at predetermined intervals until the participant accepts or the reserve price is met. More simply, the price decreases until someone buys. Tick size is crucial here; smaller ticks help the seller find the most value for their art. As the number of participants increases, so does the chance of a bidder accepting the asking price and FOMO results in quicker and higher value sales.&nbsp;</p><p style="margin-left:0px;"><strong>Pros:</strong> Controlled speed, Revenue increases with # of participants</p><p style="margin-left:0px;"><strong>Cons:</strong> Loss of return with time, Technically capped</p><h4 style="margin-left:0px;">English Auction</h4><p style="margin-left:0px;">English Auctions have a low starting or reserve price. Bids are ascending in order, the tick size higher than the last bid placed until the standing bid is not challenged. If the reserve price is not met, the piece is either unsold or the reserve is lowered, or a lower bid may be allowed depending on the auction’s rules. Because all bidders can see the bids of others, they are incentivized to bid up to their true perceived value without regard to other’s decisions.&nbsp;</p><p style="margin-left:0px;">Pros: Transparency for all buyers to bid true value, good for buyers and sellers</p><p style="margin-left:0px;">Cons: Bidder could overpay “winner’s curse”, pricing could hurt returns for seller</p><h3 style="margin-left:0px;">How can NFT artists foster genuine relationships with collectors?&nbsp;</h3><p style="margin-left:0px;">To attract collectors, attention is key: more awareness of an auction leads to more bidders collectively agreeing on fair value for the auction. On Solana, there are many ways to meaningfully engage with collectors. Even if a bidder doesn’t win that auction, you can give them a participatory NFT commemorating the experience. Holding a participatory NFT may grant collectors special access to a Discord server for your art, or it could just be proof of support.&nbsp;</p><p style="margin-left:0px;">A lot of the lessons from our article <a href="https://blog.magiceden.io/p/nft-marketing-101-magic-eden"><u>NFT Marketing 101</u></a> apply here. Starting a Discord server alongside a Twitter account is highly recommended: Twitter has great reach, and Discord has great depth of connection. One important question to answer is, how will your collection be organized? Collections following a certain theme are typically named and numbered, and generally one big collection will gain more notoriety than many smaller distinct collections. One-off collab NFTs can be part of the same big collection, and follow a separate naming and numbering system! In most cases it will be best for the artist to keep their entire collection together. A great move is making honorary 1/1 art for a popular collection, as <a href="https://twitter.com/zen0m"><u>Zen0</u></a> did for <a href="https://twitter.com/TheChimpions"><u>The Chimpions</u></a> on <a href="https://magiceden.io/auction/zen0_chimpions"><u>Magic Eden</u></a>!</p><p style="margin-left:0px;">While it’s a fast growing and exciting time for Solana NFTs, it’s still important to set realistic expectations with modest pricing to start. Having your first mint start at 10 SOL is not quite setting yourself up for success. Instead, start with an initial price under 1 SOL, with smaller tick prices. Many more bids will come in, each a public appreciation of your work. Enjoy the journey, because this is just the start of artists being recognized and rewarded for their work.&nbsp;</p>

Understand how artists and creators can use NFT auctions to amplify their art.

Intro to Digital Art NFT Auctions on Solana

<p style="margin-left:0px;">Successful, sold-out NFT mints can come in many ways. For first time NFT collections and creators, it’s important to carefully consider what is best for your NFT project and feasible to execute, to ensure your project gets off to a strong start. Without a smooth mint, negative sentiment and FUD will almost certainly creep up if NFT collectors have concerns around mint fairness or execution. With more first time NFT users coming to Solana, the minting experience should be user-friendly to get them on NFTs (we're all for onboarding!)</p><p style="margin-left:0px;">Whether you're minting through an NFT platform, like Magic Eden, or on your own, here are some of the most common NFT minting approaches and their advantages to NFT collections:</p><h3 style="margin-left:0px;"><strong>Stealth Mints</strong></h3><p style="margin-left:0px;">Generally, a stealth mint approach releases the minting smart contract at the time of or shortly before the NFT mint goes “live” to the public. Some projects may claim to be “stealth” while using it as a marketing tactic to lead to the launch itself. Marketing a stealth mint is counter-intuitive as a stealth launch should fly under the radar all the way up to the public release for open-minting.</p><p style="margin-left:0px;">Stealth mints are utilized to prevent bots from having access to the smart contract and mint link ahead of the drop time to make tampering more difficult. It also promotes fairness and ensures equal opportunity for all those in the community interested in minting as a project is less susceptible to individuals deploying bots to “mass-mint” rather than allowing a fair launch!&nbsp;</p><p style="margin-left:0px;">Most of the time, stealth mints are discovered by individual, DAOs or groups of NFT collectors on Twitter. Usually, stealth mints will target the attention of well-known players with the hopes of getting their attention and thinking that they may pass it along to their followers.&nbsp;</p><p style="margin-left:0px;"><strong>To share a stealth mint:</strong> Reach out to key players on social media through DMs and give a quick rocket pitch. Once discovered on Twitter, the focus shifts to Discord where word of mouth discussions and mass invites occur in large quantities in the 24 hours leading up to mint. Friends in other Discord servers will often share the stealth mint’s Discord with one another which quickly attracts many new eyes in a short period of time. Therefore, your project’s Discord should have more detailed information.&nbsp;</p><h3 style="margin-left:0px;"><strong>Standard Mint</strong></h3><p style="margin-left:0px;">A standard mint is a pre-announced mint, whereby the mint address and information are made public ahead of the mint time. These were common in the early days of Solana but with Solana’s increased popularity and entry of nefarious players, standard mints are less common.&nbsp;</p><p style="margin-left:0px;"><strong>Standard mint advantages:</strong> It allows people to “audit” or look at the smart contract before your NFT mint to verify the legitimacy of the team and collection. It may be easier to build trust. It also allows your project to effectively market your NFT collection and ensure that you have your desired target audience and community size before going through with the launch. A stealth mint, in comparison, can be a bit more risky with these elements.</p><h3 style="margin-left:0px;"><strong>Free Mints</strong></h3><p style="margin-left:0px;">The only cost to free mints on Solana are the transaction fees. Initially popularized on the Ethereum blockchain due to high gas fees (ETH gas fees easily surpasses the value of minting NFTs), free mints were an inexpensive way for creators to get their project into the hands of NFT collectors. This proved to be a great way to create awareness, launch a derivative project or capture secondary market fees, because everyone loves free stuff!</p><p style="margin-left:0px;">Free mints are somewhat less common in today’s Solana environment for a variety of reasons. Primarily due to inexpensive transaction fees, the primary obstacle they were looking to evade is moot. Not to mention, creators invest big into their NFT projects and would want to at least cover costs.&nbsp;</p><p style="margin-left:0px;"><strong>Is a free mint for you?</strong> Consider it if you're a first time NFT creator or you don’t have a strong social media following and want to entice individuals to explore your NFT collection. You could also use a tiered pricing model. For example, the first 100 mints are free and then there’s a mint price for the rest. Although you may be the real deal and not a scam, a golden rule is to use a burner wallet when it comes to minting NFTs, so advise your community accordingly.</p>

Successful, sold-out mints can come in many ways. We explore some of the most popular minting approaches and their advantages. 

Which Type of NFT Mint Should Creators Use?

<p style="margin-left:0px;">Whitelists and presales are a promise of future access to an NFT project come mint time. They are pretty popular amongst Solana-based NFT collections. Given that the Solana NFT ecosystem heavily relies on community, implementing whitelists and presales rewards your earliest and most loyal members as opposed to a public sale where an NFT mint is open to everyone. Additionally, it serves as free marketing as people share it on social media and try to get on the whitelist. It can also help build a large NFT community on Solana organically.</p><h3 style="margin-left:0px;">Benefits <strong>to NFT Whitelists &amp; Presales</strong></h3><p style="margin-left:0px;">NFT projects often use whitelists and presales in their infancy as it is much more challenging to entice people to follow you on Twitter or join your Discord server when you have 10 followers, as opposed to 10,000 followers. The whitelist “promise” comes in a variety of forms, ranging from free mints or discounted mints, to preferred information or pricing, or simply a guarantee of access to the NFT mint come launch day.</p><p style="margin-left:0px;">Implementing whitelists for NFT mints helps to bring individuals into projects at early development stages before marketing starts and hype begins to build. NFT Projects have found ways to limit the number of whitelist spots or time to join to unlock whitelist perks which can create a flourish of NFT collectors joining a community in a very short period of time to try and achieve preferred status. One common way that NFT projects incentivize active community members prior to granting whitelist status is through invite contests (e.g., if you invite 10 people to the Discord server and they accept) and Discord level rankings (based on post frequency).</p><h3 style="margin-left:0px;"><strong>Challenges to NFT Whitelists &amp; Presales</strong></h3><p style="margin-left:0px;">However, issues have arisen whereby whitelist links or presale access to NFT projects have been misappropriated to members of the public who were not whitelisted and should not have had access to the NFT presale. This has led to projects selling out before the general public is able to mint the NFT, creating FUD (fear, uncertainty and doubt) around the project as it hits secondary markets. To combat this, NFT projects request wallet addresses of all whitelisted members and create a separate minting contract to only allow whitelisted wallet addresses access to the NFT mint. This is effective but is more technically demanding and time-consuming.</p><p style="margin-left:0px;">If you’re thinking of a discounted or free mint (either via a direct NFT mint or through airdrops), know that there’s potential impact to your NFT project when it lists on secondary markets. Some NFT collectors will join every community and Discord server they can find, chasing the potential reward of a lower mint cost or a slight head start to mint the next big NFT project. These members who only care about early/discounted access, are not truly interested in the project and their sole objective is to flip and make a quick profit. Thus, diluting your project's value in crypto. As a result of these NFT flippers, you run the risk of establishing a floor price below public mint&nbsp;price for your NFT project. For example, if 100 people are given a free NFT and the public is asked to pay 1 SOL for the remaining 900 NFTs, you run the risk of those with early access trying to flip their free NFT for a small profit (.5 SOL) which then establishes a secondary market floor price below the public mint&nbsp;price and adversely affects those other 900 people.</p><p style="margin-left:0px;">Of course, a strong project can easily overcome this hurdle but it is important to consider the economic impact NFT presales and whitelists can have on your project post-mint. The same risk exists with uncapped whitelist minting in the presale period, whereby an NFT flipper may mint a large quantity of NFTs with the intent of instantly selling them for a slight profit post-mint, creating a large floor value slightly above mint price, and potentially hampering secondary market value.</p><h3 style="margin-left:0px;">NFT Consumer Safety</h3><p style="margin-left:0px;">Come mint day, NFT project owners need to be especially wary of malicious actors trying to take advantage of those in the community. These attacks are especially prevalent when there is an NFT whitelist or presale in place as members of the general community are looking for any advantage they can get and may be less careful at vetting links. Scammers may pose as legitimate members of the NFT project team with access to the presale and send direct messages to community members on the NFT project’s Discord server.</p><p style="margin-left:0px;">Therefore, it is essential to announce EARLY and OFTEN to your community, that they should not open or trust any links provided that do not come directly from your NFT project’s Twitter or the announcement section on your Discord server.</p>

Wondering if you should do a whitelist mint for your NFT project? Here's what every NFT collection should know.

Primer to NFT Whitelists & Presales For Your NFT Collection

<p style="margin-left:0px;">So, you’ve heard of NFTs. Perhaps, you’re wondering why NFTs are such a big deal… here’s the lowdown:</p><h3 style="margin-left:0px;"><strong>What is an NFT?</strong></h3><p style="margin-left:0px;">An NFT is a digital asset stored on the blockchain. The term itself, NFT, stands for non-fungible token. To be non-fungible means that an asset is unique and non-interchangeable. This means that every NFT is a 1/1, a uniquely identifiable asset with a visible history of ownership. If I purchase an <a href="https://magiceden.io/marketplace/og_flowers"><u>OG Flowers</u></a> NFT, for example, that digital image is added to my <a href="https://blog.magiceden.io/p/how-to-choose-a-solana-wallet"><u>Solana wallet</u></a> and I have verifiable ownership of it. Someone could right click and save it but no-one owns the rights to the original, a unique instance on the blockchain, besides me.&nbsp;</p><p style="margin-left:0px;">You’ve probably seen some popular collections of NFTs, most of which look like a jpeg. Not all NFTs are images though! The NFT itself is a customizable unit - NFTs can contain any digital file format including photos, videos, <a href="https://magiceden.io/marketplace/cyberkeys"><u>gifs</u></a>, <a href="https://magiceden.io/marketplace/cassets_audio"><u>audio</u></a>, and even documents.</p><h3 style="margin-left:0px;">How are NFTs Stored?</h3><p style="margin-left:0px;">Data storage on the blockchain is quite expensive, so the files for most NFTs are actually stored off-chain through a system called IPFS. IPFS (interplanetary file system) is a peer-to-peer hypermedia protocol that stores files in a secured and distributed manner. When an NFT is minted, the ID that points to this file on IPFS will be stored on-chain.&nbsp;</p><p style="margin-left:0px;">When an NFT is listed on <a href="https://magiceden.io/"><u>Magic Eden</u></a>, a user transfers their NFT to Magic Eden’s smart contract which then handles the buying and bidding functionality.</p><h3 style="margin-left:0px;">Where do NFTs derive their ‘value’ from?</h3><p style="margin-left:0px;">On a fundamental level, NFTs are valuable because they are non-interchangeable. When it comes to pricing, it all comes down to the perceived value given to an item by prospective collectors. For example, certain NFTs are more rare than others, which can lead them to trade at higher prices than other items in the collection. Some NFTs grant access to unique opportunities that make them more valuable.&nbsp;</p><p style="margin-left:0px;">To the creator, NFTs are valuable because they allow them to create and share their work in a way that gives them both credit and rightful commission for their sales. An item’s royalty percentage can be built into its smart contract, which guarantees that the creator will automatically and perpetually receive a royalty every time that NFT is traded in its original marketplace. On Magic Eden, this royalty amount is set by the creator and can vary by item.</p><h3 style="margin-left:0px;">But — wait a minute, you’re a collector! What is the value to you?</h3><p style="margin-left:0px;">Collectors have all sorts of different motivations for purchasing an NFT. Here are a few reasons:</p><ol><li><strong>Digital Ownership</strong>: at its most basic, motivation to buy an NFT is motivation to claim ownership over a piece that no-one else can. If you really enjoy the work of a collection, it is an easy way to own a piece that speaks to you.</li><li><strong>Creator Support</strong>: if you are a fan of a creator, purchasing an NFT from their collection is a great way to show support for their work.</li><li><strong>Token-Gated Access</strong>: some creators offer unique experiences or opportunities to owners of their NFTs. Ownership may provide VIP access to unreleased works, or allow you to attend members-only IRL events. For example, artist and producer Chief Keef released an <a href="https://4nem.com/"><u>access card NFT</u></a> for his new album ‘4NEM’. Owners of these NFT cards will get exclusive access to unreleased works, merch, content, and events.</li><li><strong>Project Participation</strong>: owning an NFT from an interactive project can allow you to have a say in the project roadmap or play a certain role in a game. For example, the <a href="https://magiceden.io/marketplace/neonexus_commercial"><u>NEONEXUS Commercial</u></a> collection includes properties that you can purchase to take part in a soon-to-be-released cyberpunk city game.</li><li><strong>Trading and Speculating</strong>: some people collect NFTs that they think will appreciate in value over time. Typically seeking to make a profit, they may be buyers who hold for long periods of time or traders who elect to swap frequently in order to acquire more valuable pieces.</li><li><strong>Community Membership</strong>: joining a project ecosystem can allow you to connect with like-minded collectors, make new friends, and signal your affiliation with a larger community. You can participate in the project discord, set your NFT as your Twitter profile picture, and/or get involved in conversations about the project both online and IRL.</li></ol><p style="margin-left:0px;">Now, go on and <a href="https://magiceden.io/collections"><u>browse</u></a> Magic Eden. Find an NFT project that excites you!</p>

Here's the lowdown on the what, the how and the why of NFTs. 

Introduction to NFTs

<p style="margin-left:0px;">Before you read on, keep in mind that:</p><ul><li>Marketing for an NFT project is a <i><strong>commitment </strong></i>to your community</li><li>An <i><strong>engaged</strong></i> community leads to a more successful project</li><li>Building trust through <i><strong>transparency</strong></i> and <i><strong>honesty</strong></i> is essential</li></ul><p style="margin-left:0px;"><strong>So, how do you stand out amongst the sea of NFT projects?</strong></p><p style="margin-left:0px;">Seasoned NFT collectors look for three things in every project: art, utility and community! You could master all or some of these things. Either way, to get the word out about your project and build community, you’ll need to get the hang of Twitter and Discord.</p><p style="margin-left:0px;">Engage with the NFT community on Twitter and promote your project’s unique selling point. Your discord server is where you’ll form deeper connections with your community. Demonstrating quality and originality across the right channels will excite the right audience for (and after) your mint!</p><h2 style="margin-left:0px;">Twitter</h2><p style="margin-left:0px;">Your Twitter profile is the first place to connect with the audience you’re looking for.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92d09712-7a53-4527-8fa6-855ac7ddc129_593x291.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92d09712-7a53-4527-8fa6-855ac7ddc129_593x291.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92d09712-7a53-4527-8fa6-855ac7ddc129_593x291.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92d09712-7a53-4527-8fa6-855ac7ddc129_593x291.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92d09712-7a53-4527-8fa6-855ac7ddc129_593x291.png 1456w" sizes="100vw" width="593"></figure><p style="margin-left:0px;"><a href="https://twitter.com/TheChimpions"><u>The Chimpions</u></a> has set-up their profile as good as it gets when it comes to economy of characters. Everything on their profile is informative about the project and adds to building hype. Keeping your project simple to understand also makes it easy for your fans to share with their friends.</p><h4 style="margin-left:0px;">Engagement</h4><p style="margin-left:0px;">Interacting with Solana NFT influencers like <a href="https://twitter.com/TraderKoz"><u>@TraderKoz</u></a> or <a href="https://twitter.com/0xCelon"><u>@0xCelon</u></a> is a good place to start on Twitter. If you engage like you would normally, providing value with a promising project, eventually you will get noticed. You don’t have to spend resources you might not have doing things like giveaways. Giving away your NFT might even devalue it in the eyes of a potential investor, fairly or unfairly.</p><h4 style="margin-left:0px;">Growth</h4><p style="margin-left:0px;">There are no shortcuts to growth. Incentivize your audience to help get the word out! Organic growth is the most sustainable way to go. With consistently good content, focused messaging and timely engagement, your tweets and posts will eventually garner enough interactions to make it impossible to ignore.</p><h4 style="margin-left:0px;">Hype</h4><p style="margin-left:0px;">At the start, the biggest milestone for each project is mint day. It’s important that everyone knows the facts about your launch. So, make it easy for your audience. Supply and price should meet market demand for your NFTs to ensure a successful mint. To stand out, underpromise and overdeliver. <a href="https://magiceden.io/marketplace/shadowy_super_coder_dao"><u>Shadowy Super Coders</u></a> didn’t instantly sell out, and less than two months later they became the biggest project on Solana.</p><h4 style="margin-left:0px;">Roadmap</h4><p style="margin-left:0px;">After mint, listing news should be communicated ASAP. Staying active after the mint is important; you never want to appear as though the project is abandoned! Communicate and be transparent with your community. Twitter updates will let the community know that the team is still active and delivering.</p><h2 style="margin-left:0px;">Discord</h2><p style="margin-left:0px;">Discord is more customizable and personal than Twitter. Make it the perfect spot for your community to hang out. Consider giving special perks to the earliest members of your server — make those first relationships count!</p><p style="margin-left:0px;">Investors often check out the vibe of the Discord server before buying/minting an NFT. More projects are using whitelists like <a href="https://magiceden.io/marketplace/nekoverse"><u>Nekoverse</u></a> and The Chimpions to give their communities rewards for being early.</p><h4 style="margin-left:0px;">Organization</h4><p style="margin-left:0px;">Discord servers are as great as they are set up to be! With the right mods, bots, permissions and channels, you can handle any sized community. Remind your community to turn off the ability to receive DMs so they can stay safe. And, organize your channels so it’s easy to navigate! For an example, check out our Discord <a href="https://discord.gg/magiceden"><u>here</u></a>!</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46fa3fa8-39df-4efe-9827-efd0aaf54e37_2072x1344.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46fa3fa8-39df-4efe-9827-efd0aaf54e37_2072x1344.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46fa3fa8-39df-4efe-9827-efd0aaf54e37_2072x1344.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46fa3fa8-39df-4efe-9827-efd0aaf54e37_2072x1344.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46fa3fa8-39df-4efe-9827-efd0aaf54e37_2072x1344.png 1456w" sizes="100vw" width="1100"></figure><h4 style="margin-left:0px;">Communication</h4><p style="margin-left:0px;">Try to recruit the most active community members as moderators for your server. It’s also a great idea to have a private chat where mods and the team chat on concerns regarding the server. <a href="https://twitter.com/thugDAO"><u>ThugDAO</u></a> is known for having the community contribute back value to the <a href="https://magiceden.io/marketplace/thugbirdz"><u>Thugbirdz</u></a> project. You can find similar success with regular communication and engagement.</p><h4 style="margin-left:0px;">Engagement</h4><p style="margin-left:0px;">Discord communities need to be paid attention to thrive. Handled deftly, the server and community can become a selling point for potential members. For example, upon entering the <a href="https://magiceden.io/marketplace/jambo_mambo"><u>Jambo Mambo</u></a> server, you are immediately greeted by multiple people and instantly become a part of their community.</p><h2 style="margin-left:0px;">Twitter Spaces</h2><p style="margin-left:0px;">The more Spaces you can get into, the better for your project! Listeners often make deeper connections through Twitter Spaces than through tweets. A recent success story is 1/1 artist <a href="https://twitter.com/b2kdaman"><u>Valentine Panchine</u></a>. After speaking in the right Twitter Space, his art is now among the most sought-after on Solana.</p><h4 style="margin-left:0px;">Voice</h4><p style="margin-left:0px;">In this market, it is almost expected to hear at least one voice from a project. Revealing the voice of a team member is a safe way to soft dox and develop trust with your community. Leading up to mint day, try to have one team member regularly in a Space on the main account. Kylie of <a href="https://magiceden.io/marketplace/pesky_penguins"><u>Pesky Penguins</u></a> is an example of a voice that earns her community and project more reputability.</p><h4 style="margin-left:0px;">Momentum</h4><p style="margin-left:0px;">Your project is not done upon sell-out! So, keep attending Spaces and build more relationships within the ecosystem. Collaborations with reputable projects will go far to boost your project’s reputation and keep the NFT community interested. Large accounts in the space like <a href="https://twitter.com/MagicEden_NFT"><u>ours</u></a> will regularly co-host Spaces to give exposure to exciting new projects. Feel free to reach out to us, your project could be up next!</p><h3 style="margin-left:0px;">Marketing Checklist ✅</h3><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4ec178e4-d5e9-420a-9231-dddd64f4ada4_1700x2200.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4ec178e4-d5e9-420a-9231-dddd64f4ada4_1700x2200.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4ec178e4-d5e9-420a-9231-dddd64f4ada4_1700x2200.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4ec178e4-d5e9-420a-9231-dddd64f4ada4_1700x2200.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4ec178e4-d5e9-420a-9231-dddd64f4ada4_1700x2200.png 1456w" sizes="100vw" width="1100"></figure>

A crash course to marketing your NFT project. Let's get your project out there!

NFT Marketing 101

<p style="margin-left:0px;">If you are new to NFTs, setting up your Solana wallet is an important place to start. Your wallet will be your access point to all things NFT: it is where you exchange tokens, purchase NFTs, and store these assets.&nbsp;</p><p style="margin-left:0px;">Your wallet contains two key components:</p><ol><li>Your unique Solana address (public key) which you can share with others to receive funds and digital assets</li><li>Your private key, which makes sure you are the <strong>only one who can access</strong> and transact with those funds and assets. Think of this as your password.</li></ol><h3 style="margin-left:0px;"><strong>Software vs. Hardware</strong></h3><p style="margin-left:0px;">A wallet can be either hardware or software. Among Magic Eden users, a software wallet is a popular choice - it is an easy and free way to transfer and store your funds and assets. These wallets are typically available as a browser extension and/or phone app, which you can easily connect to Magic Eden.&nbsp;</p><p style="margin-left:0px;">For those interested in an increased level of security, a hardware wallet is a great option. Your private keys will be stored in a physical device and you will need an additional password to access the funds and assets stored there.</p><h2 style="margin-left:0px;"><strong>Choosing your Wallet</strong>&nbsp;</h2><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F8f96f406-b866-44af-a9b0-ddde94ffa1e3_2396x1202.png 1456w" sizes="100vw" width="1100"></figure><p style="margin-left:0px;">When connecting to a wallet for the first time, you will notice that Magic Eden connects to several different Solana wallets -&nbsp;Phantom, Slope, Sollet, Solflare, Clover, Ledger, Solong, and MathWallet.</p><p style="margin-left:0px;">Let’s explore which of these wallets is right for you:&nbsp;</p><h3 style="margin-left:0px;">Phantom</h3><p style="margin-left:0px;"><a href="https://phantom.app/"><u>Phantom</u></a> is an easy-to-add browser extension with an intuitive user interface. It’s currently supported by all major browsers (Chrome, Firefox, Microsoft Edge, Brave). Phantom is currently only available as a browser extension, with the mobile app still in development.&nbsp;</p><p style="margin-left:0px;">Phantom is a non-custodial wallet, meaning your private keys are stored on your device so that only you have access to the wallet’s contents. It supports linking to a hardware wallet, for those interested in having both.&nbsp;</p><p style="margin-left:0px;">Phantom is one of the most popular wallets available in the Solana ecosystem right now, with a wide range of functionalities and users at every expertise level. It connects to nearly every Solana dApp and is a great option for those new to MagicEden!</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F59ad175c-3519-4818-9c5f-8a43715a785b_1280x800.png 1456w" sizes="100vw" width="500"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Slope</h3><p style="margin-left:0px;"><a href="https://slope.finance/"><u>Slope</u></a> is a cross-platform non-custodial mobile Solana wallet. Slope, unlike Phantom, offers both a mobile application and a browser extension. Slope also uniquely supports both Solana and Ethereum assets, and allows users to import existing Ethereum addresses directly into Slope wallet.&nbsp;</p><p style="margin-left:0px;">Slope is a great option for those who prefer a mobile experience. Magic Eden is on Solana but if you also interact with Ethereum-based applications and exchanges, Slope is a great all-in-one option!</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fda3c9caa-c24f-47cc-a132-fb0482390a5f_640x400.jpeg 1456w" sizes="100vw" width="518"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Sollet</h3><p style="margin-left:0px;"><a href="https://www.sollet.io/"><u>Sollet</u></a>, unlike the other wallets on this list, is a totally open-sourced wallet. It is designed for advanced Solana users and developers, and provides some useful developer functionalities. However, it offers less support and a less optimized user interface. In fact, when navigating to Sollet’s website, you will see a pop-up directing you to Phantom or Solflare for better user support and functionality. Sollet offers both a web app and browser extension.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fe90d515d-6060-4f2d-9c14-5ae73c4a5407_640x400.jpeg 1456w" sizes="100vw" width="512"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Solflare</h3><p style="margin-left:0px;"><a href="https://solflare.com/"><u>Solflare</u></a> is a cross-platform non-custodial wallet for Solana users - it is available in mobile and&nbsp; browser. It’s a popular alternative to Phantom with similar functionalities such as staking and hardware wallet support. It’s a good option for those interested in hardware integration and mobile functionality.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F11b520df-b716-4ee4-9d93-43395c83fe47_640x400.jpeg 1456w" sizes="100vw" width="522"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Clover</h3><p style="margin-left:0px;"><a href="https://clover.finance/"><u>Clover</u></a> is a DeFi-focused cross-platform wallet, with support for Solana along with 8+ additional chains. Clover includes NFT support, gas-saving transfer functionalities for EVM based assets, and a DeFi app store. This wallet is a great option for the crypto-savvy, multi-chain user with an interest in DeFi applications as well as NFTs. Clover is available as a browser extension, mobile app, and web app.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F71e731ac-7e3d-4766-b106-4bc413d31c5b_640x400.jpeg 1456w" sizes="100vw" width="524"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">Ledger</h3><p style="margin-left:0px;"><a href="https://www.ledger.com/"><u>Ledger</u></a> is a hardware wallet for crypto asset storage and exchange. It comes in two different models, the Nano S and the Nano X, costing $60 and $120 respectively. It integrates easily with software wallets such as Phantom and Solflare. It provides storage for a variety of assets (SOL, ETH, BTC, etc.) and is a great option for those interested in a more secure wallet option.&nbsp;</p><p style="margin-left:0px;">Hardware wallets can be confusing for beginners, so you may wish to opt for a software wallet instead. For those actively trading with a substantial number of assets, however, this hardware wallet is a great option for increased asset security.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg" alt="Ledger Live - Securely Supporting ERC-20 Tokens | Ledger" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fa18f9a0c-672a-47f5-959d-0a90fc4566e7_1421x844.jpeg 1456w" sizes="100vw" width="506"><figcaption>Source: Ledger</figcaption></figure><h3 style="margin-left:0px;">Solong</h3><p style="margin-left:0px;"><a href="https://chrome.google.com/webstore/detail/solong/memijejgibaodndkimcclfapfladdchj?hl=en-US"><u>Solong</u></a> is currently offered only as a browser extension. Solong offers a clean interface for users to interact with Solana dApps and assets. Solong also includes the in-app ability to mint new SPL tokens.&nbsp;</p><p style="margin-left:0px;">Solong is not nearly as popular as wallets such as Phantom and Solflare, and isn’t updated quite as often.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg" alt="" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F3f105152-23be-4da0-b696-278a6ef2e1eb_640x400.jpeg 1456w" sizes="100vw" width="512"><figcaption>Source: Chrome Web Store</figcaption></figure><h3 style="margin-left:0px;">MathWallet</h3><p style="margin-left:0px;"><a href="https://mathwallet.org/en-us/"><u>MathWallet</u></a> is a multi-platform wallet offering both mobile and browser. It also supports connection to hardware wallets. It is a versatile wallet offering support for over 86 public chains. MathWallet has their own dApp store, native token, and staking and swapping capabilities.&nbsp;</p><p style="margin-left:0px;">MathWallet is not as well known as some of the others on the list, but can be a great option for those involved in a variety of crypto projects due to its multi-chain support.</p><figure class="image image_resized" style="width:728px;"><img src="https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png" alt="Solana Wallet operation guide — MathWallet - MathWallet Official - Medium" srcset="https://cdn.substack.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 424w, https://cdn.substack.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 848w, https://cdn.substack.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 1272w, https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F1a47a43d-1eea-4d38-b387-359cef414da8_542x939.png 1456w" sizes="100vw" width="194"><figcaption>Source: MathWallet Official</figcaption></figure>

Before you dive into NFTs and Web3, you'd need a wallet to explore the Solana ecosystem. 

How to Choose a Solana Wallet

Still in the early stages but a lot has happened in 2021. Here are some of its defining moments!

2021: A Year Of NFTs On Solana

<p style="margin-left:0px;">Community is the secret sauce to successful NFT collections. We’ve covered how creators can <a href="https://blog.magiceden.io/p/pesky-penguins-keys-to-community"><u>build authentic communities</u></a> but as a holder, where do you start? We ask our SOL NFT community:</p><h3 style="margin-left:0px;"><strong>What is community to you?&nbsp;</strong></h3><p style="margin-left:0px;"><strong>A sense of belonging</strong>. It's weird, but every collection does have its own personality and brand. It's that feeling of belonging that is at the core of community. - <a href="https://twitter.com/MakeItAGoodNFT"><u>@MakeItAGoodNFT</u></a></p><p style="margin-left:0px;">At its best, a community will support and strengthen its members, who then empower their community in return. It's a <strong>positive feedback loop</strong>! - <a href="https://twitter.com/faintdotwav"><u>@faintdotwav</u></a></p><p style="margin-left:0px;">We’re all in it together, and that’s why this is so much fun. Essentially, NFTs transformed investing into a multiplayer game. I like investing, but it turns out that I absolutely love investing when I do it with a group of like-minded people. I like sharing both victories and defeats with my peers, and this <strong>comradery</strong> is how I define community. - <a href="https://twitter.com/gaius1337"><u>@gaius1337</u></a></p><p style="margin-left:0px;">A good community<strong> breaks boundaries and creates a place for ANYONE</strong> to collaborate and "make it" together. - <a href="https://twitter.com/Miles_NFT"><u>@Miles_NFT</u></a></p><p style="margin-left:0px;">It’s when a <strong>collective culture </strong>begins to emerge and underpin a project. The people drawn to the project do so because they connect with the perceived spirit, artistic expression or manifesto put forward, but they’ll stay because of the group dynamic that’s fostered.&nbsp; <strong>- </strong><a href="https://twitter.com/CRYPTOLITJESUS"><u>@CRYPTOLITJESUS</u></a></p><h3 style="margin-left:0px;"><strong>How did you pick your NFT communities?</strong></h3><p style="margin-left:0px;">I look for <strong>dedicated members</strong> <strong>who stick through ups and downs </strong>and <strong>solid leadership that delivers. </strong>Anyone overpromising is a giant red flag for me. I much rather have a realistic roadmap that I know can be achieved with the manpower most of these projects have. - <a href="https://twitter.com/DOOMille"><u>@DOOMille</u></a></p><p style="margin-left:0px;">I think there are three main pointers to look out for: <strong>Leaders &gt; Community &gt; Brand.</strong> We are always attracted to people that are like us OR people that we want to be like. Looking at the leaders is always good way to see if the community is for you. - <a href="https://twitter.com/Miles_NFT"><u>@Miles_NFT</u></a></p><p style="margin-left:0px;">Personally, I love communities with not too many people, high trust among members, smart discussions, kindness, and a lot of activity. I like having a relationship with each member, and<strong> enjoy calling such a place ‘home’</strong>. As an investor, I believe that for a project to be successful, the community needs to stay fun over a long period of time which is achievable by being both <strong>distinct and active</strong>. A successful community should initially aim for 100 raving fans, not 10k people sitting in a discord without participating. - <a href="https://twitter.com/gaius1337"><u>@gaius1337</u></a></p><p style="margin-left:0px;">I look for a few things: Does the discord have helpful bots? Are the people positive and friendly? Can I grow the brand... am I aligned with it spiritually? For Pesky Penguins, we have "noot noot", an easy way to engage with other members. That was key... how to create <strong>easy camaraderie</strong>. - <a href="https://twitter.com/MakeItAGoodNFT"><u>@MakeItAGoodNFT</u></a></p><p style="margin-left:0px;">I look at the discord server discussions, if it's only about floor price, price action in general, it's a red flag. If it's about building cool stuff, passionate and active community members <strong>having a lot of fun, and brainstorming ideas about the project</strong>, it's a win. -&nbsp; <a href="https://twitter.com/cryptonent"><u>@Cryptonent</u></a></p><h3 style="margin-left:0px;"><strong>Where should holders start in order to contribute to an NFT project?</strong></h3><ol><li><strong>Recognize the vision</strong> that the project seeks to accomplish and make sure that vision aligns with your own. Embody that vision and represent it to the fullest, in your personal way. - <a href="https://twitter.com/faintdotwav"><strong><u>@</u></strong><u>faintdotwav</u></a></li><li>You really need to <strong>hang out on discord</strong> for a while to see if that's something you even want to do. After that, just ask questions and start sharing your insight.<strong> No matter what your idea, just put it out there.</strong> If there’s something good in it, somebody will usually pick up on it. - <a href="https://twitter.com/CRYPTOLITJESUS"><u>@CRYPTOLITJESUS</u></a></li><li><strong>Start with whatever you’re good at. </strong>You’re an artist? Create a derivative with your own art style or, write a song about the project. Developer? Collaborate with the community and build something to share with everyone. Social media manager? Be a mod, engage with the community, help new people on the ecosystem. Trader? Share your analysis alpha with the community. - <a href="https://twitter.com/cryptonent"><u>@Cryptonent</u></a></li><li><strong>Ask yourself: How can I improve this?</strong> The beautiful thing about Web3 communities is that there is no boundaries. If you see an error in the FAQs, re-write it and send it to the team. If you see someone having trouble with an issue? Offer help. If you do this long enough, you'll provide one thing that everyone is looking for: value. - <a href="https://twitter.com/Miles_NFT"><u>@Miles_NFT</u></a></li><li>Lots of holders will disappear in alpha chats and other verified only channels... but the <strong>real value add is being in general (on discord)</strong>. Showing people the community is alive and what it's about. Offer to "blow them up on twitter" alongside the rest of the community as a light hazing ritual. Anything that welcomes them when they come in the front door. - <a href="https://twitter.com/MakeItAGoodNFT"><u>@MakeItAGoodNFT</u></a></li><li><strong>Something easy that anyone can do is be kind. </strong>By making each member feel welcomed, the community flourishes. - <a href="https://twitter.com/gaius1337"><u>@gaius1337</u></a></li><li><strong>Foster collabs between the devs and the community. </strong>It's really important to work alongside the devs. Help them communicate with the community. Ask clarifying questions. In general, the more you can foster collabs between the devs and the community, the healthier the project. &nbsp;- <a href="https://twitter.com/MakeItAGoodNFT"><u>@MakeItAGoodNFT</u></a></li></ol>

NFT holders share what community means to them and how YOU can start contributing to your newly-joined NFT community.

How To Be A Community Member

<p style="margin-left:0px;">You will frequently see some sort of recommendation followed by “DYOR – this does not constitute financial advice” disclaimer as a means to avoid any backlash if you do decide to listen to them and lose money on the project.&nbsp;</p><p style="margin-left:0px;">The reality is, for anything you plan on buying or investing in, you should always perform your own due diligence. NFTs are no different. It’s best to be cautious because you alone are responsible for your investments and financial well-being!&nbsp;</p><p style="margin-left:0px;"><strong>But, following these steps has helped me be more successful in identifying quality projects while avoiding rugs...</strong></p><h3 style="margin-left:0px;"><strong>Preliminary evaluation</strong></h3><p style="margin-left:0px;">Firstly, ask yourself: Do you like the art, collection size, mint price and foundational project elements? Here are some important questions to consider:&nbsp;</p><ol><li><strong>What is the value proposition of a project?&nbsp;</strong></li></ol><p style="margin-left:0px;">Is there future utility (a game, a token, an airdrop, breeding mechanics, exclusive access/membership etc.)? As the space evolves, the presence of differentiators continues to become more and more essential to success.</p><ol><li><strong>How have similar collection sizes performed recently?&nbsp;</strong></li></ol><p style="margin-left:0px;">Compare in terms of hype, following, and mint price. Too many projects struggle to correctly price their mint and it can ruin the project before it even gets off the ground.</p><ol><li><strong>What is the community like?</strong></li></ol><p style="margin-left:0px;">Is there a large and ACTIVE twitter following or only a couple hundred people on Discord? Having a huge number of followers isn’t essential to success but it does offer credibility. Equally, be aware of followers-for-pay scams and programs that can artificially inflate numbers.</p><ol><li><strong>Are there any identical projects out there?</strong></li></ol><p style="margin-left:0px;">Whether on a secondary market or an upcoming mint. Is it just a copycat or is there something unique that adds value? If you can’t answer that question, it’s probably worth passing.</p><h3 style="margin-left:0px;"><strong>Assess the project's potential and team</strong></h3><p style="margin-left:0px;">Look at the project’s website. Key factors to evaluate include the roadmap, project team, overall thoughtfulness and quality of the site. It is usually pretty easy to tell if a site was thrown together for a quick cash-grab. A team that spends a lot of time making sure their website (and socials) are all consistent, clear and free of errors is often indicative of the quality of the project.&nbsp;</p><p style="margin-left:0px;">If a team’s baseline website and marketing materials are high quality, it is more likely than not they will apply the same type of diligence on future items on the project’s roadmap.</p><p style="margin-left:0px;"><strong>Roadmap: </strong>A well-articulated plan can put collectors at ease before buying into a project. Every collector has their own criteria they look for in a “good” roadmap: royalties, utility, project tokens, charity donations, merchandise, community spaces and many others. There is no right or wrong answer here. Your evaluation should be aligned with what you are looking for as a collector.</p><p style="margin-left:0px;"><strong>Team: </strong>Is the team public about their identities (e.g. links to their Twitter, LinkedIn, Discord)? Creators doxxing themselves isn’t required but having a positive reputation in the crypto world goes a really long way, even if the person chooses to remain anonymous. I look for team members with past Crypto/NFT experience, relevant skill sets/backgrounds and a passion for the project.&nbsp;</p><h3 style="margin-left:0px;"><strong>Evaluate their Twitter and Discord</strong></h3><p style="margin-left:0px;">With so many ‘paid promoters’ of projects out there, it can be challenging to evaluate the authenticity of projects. Identifying projects with large followings and communities versus the projects that only appear to have large projects and communities can be difficult and require time and effort.</p><p style="margin-left:0px;">It is more important to look at the quality of the followers by getting a feel for their level of engagement than it is to look purely at the numbers.&nbsp;</p><p style="margin-left:0px;"><strong>Twitter:</strong> As an example, check out how many people are replying to tweets as opposed to the number of retweets (which can be easily bought). It is also important to scroll through some of the likes and retweets and validate that the accounts are real, have real profile pictures, a bio, and are regularly tweeting from their own accounts (not just entering in paid promotions and giveaways).</p><p style="margin-left:0px;"><strong>Discord: </strong>Similar to Twitter, bots can easily be bought as part of paid promotions. I like to check the general chat channels and see active discourse from many engaged users, as well as evaluate the number of “online” users as a percentage of total members of the server (paid bots often default to offline after the initial ‘join’). I aim to see between 10-30% online depending on the project size and time of day.</p><h3 style="margin-left:0px;"><strong>Don’t underestimate your gut feeling&nbsp;</strong></h3><p style="margin-left:0px;">There are so many scams and rugs out there, even some that are really well put together, and may even get past the first three steps above. You need to trust your own instincts. If a project seems too good to be true, it probably is. ALWAYS use a “burner” wallet with only the amount of SOL required to cover mint cost plus fees (with no NFTs in it).&nbsp;</p><p style="margin-left:0px;">Some projects have stealth mints with limited warning and sell out instantly, so it can be challenging to get a feeling for the authenticity and requires quicker decision-making. While others have slower mints that allow you to evaluate minting progress and perform a deeper dive into Twitter and Discord for confirmation of a project’s legitimacy.</p>

Here’s how you can evaluate an NFT project and (hopefully) pick winners

How To Do Your Own Research (“DYOR”)

<p style="margin-left:0px;">Perhaps you’ve seen some NFTs floating around, as Twitter profile pictures, on platforms like <a href="https://magiceden.io/collections"><u>ours</u></a>, or shared between friends and you’re curious to try your hand.&nbsp;</p><p style="margin-left:0px;">Maybe you’re an aspiring artist interested in embarking on a creative project. Or, you’re an influencer interested in building a creative narrative that your followers can own a piece of. Whatever your story, launching an NFT collection can be an incredible opportunity to embark on a uniquely digital artistic journey and connect with your community in a whole new way.&nbsp;</p><p style="margin-left:0px;">Mind you, a successful launch is no small task. It often requires several unique considerations that a traditional art collection may not have. What makes an NFT project so special is the entire experience built around it: the digital assets, the Tweets, the landing page, the community, the perks, etc. The process may be daunting, but it can be incredibly rewarding.&nbsp;</p><p style="margin-left:0px;">Before you launch your first collection, here are four things you should consider:&nbsp;</p><h3 style="margin-left:0px;"><strong>Narrative</strong></h3><p style="margin-left:0px;">To start building that narrative, consider developing common threads between each piece - a cohesive design style, repeating elements, recognizable characters. These threads will not only bring cohesion to the project but will help build a signature brand with familiarity and distinguishability that community members can rally around. Many NFT artists elect to include consistent color schemes and textures in each collection piece, some great examples include <a href="https://magiceden.io/marketplace/0xDrip"><u>0xDrip</u></a> and <a href="https://magiceden.io/marketplace/mutable_self_by_labyrinth"><u>Mutable Self</u></a>.&nbsp;</p><p style="margin-left:0px;">If you are interested in developing a character collection, consider what elements you might include to craft a signature look. For inspiration, take a look at some of the most identifiable character brands on Solana such as <a href="https://magiceden.io/marketplace?collection_symbol=galactic_geckos"><u>Galactic Geckos</u></a> with their staple eyewear and reptilian heads or <a href="https://magiceden.io/marketplace?collection_symbol=aurory"><u>Aurory</u></a> with their humanoid figures and unique accessories.</p><h3 style="margin-left:0px;"><strong>Interactive</strong></h3><p style="margin-left:0px;">An NFT Collection doesn’t have to be static! Consider crafting a story or building a fantasy world in which the characters are assets. Check out <a href="https://magiceden.io/marketplace/169_pixel_gang"><u>169 Pixel Gang,</u></a> a project featuring collections of purchasable characters that will be featured in an animated sitcom funded exclusively by holders. Fans have a chance to own and directly contribute to the production of the show. Offering incentives to holders is another great way to build a community around the collection and add value to its pieces. This could look like offering IRL incentives (event tickets, merch, etc.), access to exclusive digital experiences, active ownership in project-funded items, or membership in a flourishing online community.</p><h3 style="margin-left:0px;"><strong>Presence&nbsp;</strong></h3><p style="margin-left:0px;">Prior to launching, you will want to leverage your networks to get the word out about your collection. Utilise Twitter and grow a pre-launch following. You’ll want your narrative to really shine through here: tell a story with your tweets, post-launch date countdowns, or hype up rare pieces in the project to grow brand interest. Consider tapping into your personal and secondary networks to help build your following - you never know who might be interested!&nbsp;</p><p style="margin-left:0px;">Get people talking, and not just to you! Find ambassadors willing to spread the word organically and build interest in your work. Consider establishing a community on Discord where enthusiasts can gather to meet, share memes, and discuss your upcoming launch. You can bring your work to life by empowering holders to engage with one another. You are creating a community experience, after all!</p><h3 style="margin-left:0px;"><strong>Logistics</strong></h3><p style="margin-left:0px;">NFTs are not just pictures, they are digital assets stored on-chain, so they have some unique properties you will want to think about as you design your project. For instance, <i>will you release your NFT in batches? What’s your collection size? How many will each user be allowed to mint?</i>&nbsp;</p><p style="margin-left:0px;">If you are going to have users mint randomized and unique characters, for example, you will need to decide how many total NFTs you’d like to have in circulation. This number will be partially dependent on the number of feature combinations you can make (you don’t want to mint duplicates!).&nbsp;</p>

So, you want to launch an NFT collection? Start here. 

4 Things to Consider Before Launching an NFT Collection

<p style="margin-left:0px;">Whether you’re a beginner with zero knowledge or you have more experience, here are 10 things you should know:</p><h4 style="margin-left:0px;"><strong>1. Wallets</strong></h4><p style="margin-left:0px;">I personally recommend using the Phantom wallet for Solana and Solana NFTs. I believe they have the best product by far. One common mistake newer community members often make is only using one Phantom wallet. I have 10 wallets that use the same recovery phrase enabled by seamless switching between wallets within the Phantom interface.</p><p style="margin-left:0px;">Each wallet serves a different purpose:</p><ul><li><strong>‘Cash’ wallet</strong>: Stores all of my liquid $SOL and has no NFTs. I do not use it for anything other than storing $SOL and sending/receiving from my other wallets.</li><li><strong>Mint wallet</strong>: Prefunded with the exact amount of $SOL I require for minting. I immediately transfer my newly minted NFTs out after minting.</li><li><strong>“HODL” wallet</strong>: Stores the NFTs that I don’t plan on selling any time soon.</li><li><strong>Short-term wallet</strong>: A trading wallet that stores NFTs that I plan on potentially/selling listing soon</li></ul><h4 style="margin-left:0px;"><strong>2. Research (DYOR)</strong></h4><p style="margin-left:0px;">Vet each project you plan to invest in thoroughly. Performing a thorough review enables you to get a feel for the project’s direction and is a key step in identifying potential red flags indicative of a rug and other fraudulent activity.</p><p style="margin-left:0px;">Follow the project’s Twitter, join their Discord and browse their website. Review and understand key project information, interact with the community, and ask questions to project leaders and community mods!</p><h4 style="margin-left:0px;"><strong>3. Secondary Markets</strong></h4><p style="margin-left:0px;">Assessing secondary markets after minting is extremely important. It’s often an opportunity to find some very good deals if you can wrap your head around rarity early.</p><p style="margin-left:0px;">Magic Eden is my favorite because of its screening process and user functionality. If a rarity tool is not available yet, Magic Eden has great filtering tools where you can see how many NFTs containing specific traits are listed for sale. Typically, the less of a trait listed, the rarer it is and the more it will be worth.</p><p style="margin-left:0px;">Always be careful of how volatile the secondary markets are when projects are newly listed. It is as easy to lose money as it is to make money.</p><h4 style="margin-left:0px;"><strong>4. Taking Profits</strong></h4><p style="margin-left:0px;">Contrary to common messaging, taking profits is not a crime in the “diamond hands” and “HODL” Web3 world we operate in! It’s really important to set sell targets BEFORE you buy, so you don’t let your emotions take over.</p><p style="margin-left:0px;">Let’s be honest, almost everyone in this space is looking to make some money (in addition to supporting the awesome communities, charities, art and tech) which means it’s essential to carve out time to re-evaluate your portfolio.</p><p style="margin-left:0px;">Challenge yourself by asking the right, tough questions to evaluate if it’s time to take some profits:</p><ul><li>Are you overly invested in one project?</li><li>Do the reasons you bought in the first-place still ring true?</li><li>How is your overall financial well-being?</li></ul><h4 style="margin-left:0px;"><strong>5. Bankroll/Budget Management</strong></h4><p style="margin-left:0px;">Everyone starts with and has different budgets and goals. Know what yours is and what you are willing to lose. Develop a plan on how to successfully manage your budget.</p><p style="margin-left:0px;">A good rule of thumb is to never spend more than 25% of your bankroll on a specific project as it will help to alleviate risk and overreliance on only one project for your success.</p><p style="margin-left:0px;">When you are first starting out, establish a reasonable amount for you to invest and stick to this amount. If you find you’re losing money, take the time to understand what’s going wrong, and work to correct it.</p><h4 style="margin-left:0px;"><strong>6. Advice</strong></h4><p style="margin-left:0px;">If something seems too good to be true, it probably is.</p><p style="margin-left:0px;">Not to be cynical, but apply a lens of scepticism to all of the “free” advice that you receive on Twitter and Discord. I’ve met some amazing people, learned a ton and received countless amounts of excellent advice from the various communities I belong to, but internet strangers giving advice typically have one priority… and that’s their own financial well-being, not yours.</p><p style="margin-left:0px;">Absorb everything but respectfully question it. That’s how we make each other better!</p><h4 style="margin-left:0px;"><strong>7. Find a Partner</strong></h4><p style="margin-left:0px;">It is extremely fun to have someone you can trust and talk to in the Solana NFT community. It allows you to bounce ideas off one another, talk about new projects, and act as a second set of eyes and ears on all of your favorite projects.</p><p style="margin-left:0px;">Try to find a friend who is willing to journey with you. It will make things a lot more fun if you guys are in it together!</p><h4 style="margin-left:0px;"><strong>8. FOMO</strong></h4><p style="margin-left:0px;">For anyone that has been in the NFT space for however long, FOMO is most likely a feeling you know all too well. Chances are you have been caught up with ‘chasing’ and more likely than not have been burnt by it. I know I have.</p><p style="margin-left:0px;">Ultimately, avoiding FOMO comes down to discipline.</p><p style="margin-left:0px;">You’re not going to identify the next great project every time, and that’s OK! If you feel you’re missing out, take some time to evaluate the project and understand what caused the boom! Is it likely to continue or is most of the benefit priced in already?</p><p style="margin-left:0px;">It’s OK to miss out on a project, there will almost always be another one around the corner. Accepting that is a big hurdle to overcome!</p><h4 style="margin-left:0px;"><strong>9. Don’t overreact</strong></h4><p style="margin-left:0px;">Markets move quickly but cryptocurrency and NFT markets move faster.</p><p style="margin-left:0px;">Panic selling when you see floor price dropping is the worst thing you can do because you lock in losses and sell out of your precious NFTs that you worked so hard to research and acquire.</p><p style="margin-left:0px;">Take a deep breath, understand why prices are declining and figure out what’s the best way to proceed. Make a rational decision, not an emotional one.</p><h4 style="margin-left:0px;"><strong>10. Have fun</strong></h4><p style="margin-left:0px;">Trust your instincts and have fun!</p><p style="margin-left:0px;">This should be fun. If you are stressed out or do not think this is healthy for you, take a step back or walk away.</p><p style="margin-left:0px;">There are truly some amazing people who are looking to help others, change the world through charity donations, and genuinely help other strangers make money and learn. For a lot of us this isn’t a full-time job, but more of a side-hustle or hobby, so enjoy it! Always trust your instincts and happy trading!</p><hr><p style="margin-left:0px;">I hope you found this helpful. Feel free to hit me up on Twitter (<a href="https://twitter.com/The_SOLo_Dolo"><u>@The_SOLo_Dolo</u></a>) if you have any specific questions about any of these points or have ideas for future topics you would like me to cover!</p><p style="margin-left:0px;"><i><strong>Written by The Solo Dolo</strong> 🪄</i></p>

Essential tips for newcomers to NFTs and the Solana ecosystem

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