Unveiling the Enchanting World of Magic Eden: Ethereum's NFT Marketplace
Magic Eden emerges as a captivating Ethereum-based NFT marketplace, redefining the digital art landscape.

Magic Eden emerges as a captivating Ethereum-based NFT marketplace, redefining the digital art landscape.
Yuga Labs and Magic Eden, key players in the Web3 space, are set to launch the Magic Eden Ethereum marketplace, becoming the first major Ethereum marketplace with a contractual commitment to uphold creator royalties. This partnership underscores their commitment to protecting the rights and rewards of content creators in the Web3 ecosystem, emphasizing continuous earnings for artists.
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This collaboration has a clear objective: an Ethereum-based marketplace that stands as a testament to its dedication to preserving the rightful royalties of NFT creators upon each sale.
Magic Eden users can now buy, sell, list, and bid on Bitcoin-based Ordinal NFTs.
The marketplace confirmed that the issue was resolved.
An unresolved issue on the popular NFT marketplace allowed imposter NFTs to be added to high-priced collections like Y00ts and ABC.
The firms have been at odds before and are currently taking different paths regarding enforcement of NFT royalties.
Magic Eden said it is waiving its platform fee and introducing a new optional royalty model.
Magic Eden, a marketplace for Solana-based NFTs, launched MetaShield.