Magic Eden, the cross-chain NFT platform, has recently announced the launch of its Bitcoin marketplace for digital artifacts, making it the only fully audited marketplace in the Bitcoin Ordinals ecosystem.
This launch provides collectors with a familiar, fully secure and permission-free trading experience.
The Bitcoin Ordinals ecosystem has become a popular destination for collectors to explore digital art, with over 400,000 inscriptions available, including images and audio clips. These digital artifacts are securely inscribed on the blockchain and linked to their smallest unit, a Satoshi.
Welcome to a new dawn. Magic Eden is now on Bitcoin.
Now, you can safely trade your favorite collectibles on the 1st audited marketplace with $BTC 🤝
Explore 70+ collections on our marketplace: https://t.co/WiYYgIWPG5
Don't forget to follow @MEonBTC! pic.twitter.com/KNCrVFrCTu
— Magic Eden 🪄 (@MagicEden) March 21, 2023
A system is presently under construction to facilitate Bitcoin transactions, and wallets and explorers are adding support on a daily basis. Magic Eden’s Bitcoin marketplace provides a secure option for trading, with an industry-leading user experience and interface.
The non-custodial wallets, Hiro and Xverse, have been integrated to allow users to process transactions that mimic a Phantom-like experience, with efficient listing, delisting, buying, selling and transaction facilitation.
By partnering with 13 leading collections, including Taproot Wizards, Inscribed Pepes, and Bitcoin Bandits, Magic Eden ensures that collections within the marketplace will be subject to exemplary filtering, allowing collectors to view artifact information, including ordinal rarity, age, name, inscription numbers, and more.
As the marketplace matures, the team plans to continue updating the platform to create a more advanced and developed experience for its users. Jack Lu, CEO and co-founder of Magic Eden, is thrilled to add a Bitcoin marketplace to the platform, calling it “exciting for our team, considering it is the granddaddy of all blockchains.”
Since entering the marketplace in 2021, Magic Eden has provided the most user-friendly experience for collectors and traders alike on Solana, Ethereum and Polygon. Its analytics features and loyalty program provide users with key benefits such as lower market fees, making it a unique platform in the market.
Magic Eden’s Launchpad offering is also trusted by hundreds of creators to bring their collections to life and grow their communities through marketing support and go-to-market strategies.
About Magic Eden
Magic Eden is the leading cross-chain NFT platform bringing the next billion users to Web3. Its team consists of former cryptocurrency, technology and hospitality leaders building an easy-to-use platform powered by market-leading minting and trading solutions.
Magic Eden brings dynamic cultural moments to the blockchain, enabling users in thousands of digital communities to create, discover and collect unique NFTs. For more information, visit www.magiceden.io
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