Magic Eden Sets To Launch Its Base NFT Marketplace Today

Magic Eden Sets To Launch Its Base NFT Marketplace Today – Here’s More Details

Updated: 25 April 2024

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Magic Eden, one of the leading cross-chain non-fungible token platforms, building a user-friendly platform for minting and collecting digital collectibles, continues spreading its market roots across the NFT ecosystem. In its recent advancement, the NFT Marketplace, Magic Eden, is slated to add support for Base-powered NFT collections.

Magic Eden’s Base NFT Marketplace To Launch Today

In an April 24 blog post, Magic Eden confirmed the ready plan to launch a new NFT market platform that will cater for traders and collectors holding Base L2 Network-powered NFT collections. The highly anticipated NFT marketplace is scheduled to launch today, April 25. In this article, we shall explore what the new marketplace entails.

Tomorrow is our Base Marketplace launch but did you know there is already a vibrant and growing NFT community?

Here are a few solidified projects from the Base ecosystem to check out 👇 (1/7) pic.twitter.com/t97nYHENpb

— Magic Eden 🪄 (@MagicEden) April 24, 2024

Launched in 2021, Magic Eden is one of the largest NFT marketplaces in the Solana ecosystem, with a robust suite of products and services. The NFT market platform allows users to buy, sell, and even create NFTs. It also offers other essential features, including a non-custodial wallet, developer resources, and a launchpad for NFT and Web3 projects.

Magic Eden has grown beyond the Solana NFT ecosystem for the past three years to support more NFTs created on Ethereum, Polygon, and even Bitcoin Ordinals. The NFT marketplace reunites artists, creators, and NFT enthusiasts from multiple blockchains in a single platform that offers a wide variety of features for users, creators, and developers.

Magic Eden has successfully dominated the Solana ecosystem for several reasons, including its user-friendly interface, low-fee policy, flexible royalty system that benefits users and creators, and launchpad and developer resources for projects. Moreover, its secondary marketplace includes many useful futures, making the platform a favourite for traders.

Earlier this year, Magic Eden partnered with Yuga Labs, a leading web3 studio and home of Bored Ape Yacht Club, Otherside, CryptoPunks, Meebits, Twelvefold, 10KTF, and PROOF, to introduce the industry’s first major Ethereum platform that honours creator royalties.

Magic Eden and Yuga Labs envision creating a Web3 ecosystem that recognizes and rewards the vital role creators play in shaping the future of NFTs. This unique mission has elevated Magic Eden to become the most adopted NFT marketplace. Magic Eden is slated to start offering its top-notch services to Base NFT holders sometime later today.

Top NFTs To Check Out On Magic Eden’s Base Marketplace

Small Bros NFT, a non-fungible token collection featuring a limited edition of 8,888 Small Bros hosted on the Based Layer Two network, is one of the solidified projects from the Base ecosystem to check out. The Small Bros NFT project is on a mission to connect the Base NFT community.

Primitives, a generative pixel art collection featuring crypto-native characters; WeMYSTCL, the first ERC-404 profile picture collection hosted on Base; and the Swatches by jvmi, a collection of interactive canvases exploring color and motion, are other solidified NFT projects to check out on upcoming Magic Eden’s Base NFT marketplace.