NFT marketplace Magic Eden has launched a multi-chain wallet supporting Solana, Bitcoin, Polygon, and Ethereum blockchains.
The platform previously released a beta version of the wallet that will be available to a small group of early testers in November 2023, and teased today’s launch in an X post on Friday.
Developed in collaboration with Exodus, this wallet is self-custodial, allowing users to maintain control over their cryptocurrency assets. Designed to provide a more user-friendly experience, it allows for instant cross-chain swaps, NFT portfolio management, and NFT trading directly from your wallet.
“As the team made great strides in the NFT and Ordinals space, it became clear that a critical complementary piece of convenience was missing: a single wallet that would allow users to seamlessly manage and collect NFTs on major chains,” Magic said. Eden wrote in the announcement. .
To incentivize early adopters, Magic Eden said it will be offering limited-time in-wallet mints from NFT projects like Claynosaurz, Degenerate Ape Academy, and BoDoggos throughout February, along with Airdrops and other perks.
From Solana to multi-chain NFT support
Magic Eden was initially focused on serving the Solana NFT community, but expanded to provide support for Polygon NFTs in November 2022. Bitcoin and Ethereum became the third and fourth supported chains respectively in March 2023. Magic Eden was later topped by Tensor. Solana NFT Marketplace based on daily trading volume at the end of last year.
According to The Block’s data dashboard, Magic Eden is currently the second-largest marketplace for Bitcoin ordinal NFTs by daily trading volume, behind OKX. It also supports BRC-20 tokens, an experimental standard for fungible tokens on the Bitcoin blockchain.
The Block has reached out to Magic Eden for comment.
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