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Magic Eden Expands to Sei Blockchain with Tools for Creating and Trading NFTs

December 8, 2024
in NFT
Reading Time: 2 mins read
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Fast take:

Sei turns into the tenth chain in Magic Eden’s increasing ecosystem and can add Monad to that listing when the layer-1 blockchain launches its testnet.

In October, Magic Eden added help for BeraChain and ApeChain, with the 2 changing into the eighth and ninth supported chains in its ecosystem.

Sei blockchain boasts quick transaction processing speeds, similar to Web2 platforms.

Magic Eden has expanded its ecosystem to Sei Blockchain, the non-fungible token market introduced through an X submit on Wednesday. Based on the announcement, the multi-chain NFT platform launches on Sei with an NFT launchpad, a mint terminal and a market.

The announcement comes barely six weeks after Magic Eden expanded help to BeraChain and ApeChain, with the 2 chains changing into the eighth and ninth networks in its quickly rising ecosystem.

With its growth to Sei, Magic Eden will now be accessible on ten blockchains and is on track to make Monad, the eleventh on that listing, when the layer-1 blockchain debuts on testnet.

Magic Eden’s growth goes past providing NFT creation and buying and selling instruments on completely different blockchains. 

In April, the corporate introduced a collaboration with Aethir, the distributed cloud compute infrastructure supplier to create a unified Web3 gaming ecosystem that leverages Aethir’s enterprise-grade GPU infrastructure and Magic Eden’s NFT platform.

In August, Magic Eden additionally introduced it was adopting the ME token to facilitate a cross-chain NFT buying and selling expertise on its platform. Developed by the ME Basis, the token might be accessible by means of the Magic Eden desktop and cell pockets.

In April, Magic Eden grew to become the most important NFT market by transaction quantity, largely pushed by Runes’ debut and the platform’s growth to the Bitcoin ecosystem.

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Tags: BlockchainCreatingEdenExpandsMagicNFTsSeiToolstrading
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