Magic Eden launches its Bitcoin NFT marketplace

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  • Magic Eden has launched the first fully audited bitcoin NFT marketplace.
  • The marketplace has integrated two non-custodial wallets to support seamless transactions.
  • Magic Eden now supports NFT marketplaces for Solana, Ethereum, Polygon and Bitcoin.

Cross-Chain NFT Platform Magic Eden Increases Momentum Around NFT Ordinals Bitcoin By launching a fully audited bitcoin NFT marketplace. The Digital Artifacts Marketplace will include everything from images and audio clips.

Magic Eden’s move means that merchants within the ecosystem will benefit from being able to buy and sell bitcoin-based scrips pegged to the satoshi, the smallest unit of measurement value for BTC.

A new dimension to the NFT universe

one in Press release Published Tuesday, Magic Eden noted that the infrastructure supporting bitcoin inscriptions is growing, even as the network counts more than 400,000 digital artifacts to date.

At the moment, the bitcoin NFT marketplace has integrated two non-custodial wallets – Hiero and Xverse – with support for features such as listing, delisting, and buy and sell. The marketplace already provides access to over 70 collections.

Commenting on the development, Jack Lu, co-founder and CEO of Magic Eden, said:

,Adding Bitcoin Marketplace is really exciting for our team considering it is the granddaddy of all blockchains and we are all passionate about blockchain. Bitcoin Ordinals Bring a New Dimension to the Universe of NFTs,

Early efforts aimed at accelerating adoption include Magic Eden partnering with 13 top collections, including Inscribed Peps, Taproot Wizards, and Bitcoin Bandits. Digital artworks on the platform will be subject to high quality filtering, with collectors having access to details such as general rarity, name, inscription number, age and so forth.

,On bitcoin, not all media uploaded to the chain can be changed or deleted.Lu said in a statement. ,This ingenuity is adopted by many creators who want to create true collectibles engraved on the chain. We’re excited to bring our winning marketplace user experience that we’ve developed over the past year and a half to Bitcoin,

The release of the Bitcoin NFFT marketplace by Magic Eden builds on the company’s solid foundation as a top provider of blockchain and Web3 solutions. While it remains the dominant NFT market for Solana, this latest move adds to Ethereum and Polygon’s recent expansions.

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