The platform said it plans to provide multi-chain solutions for NFT collectors and creators and has launched several tools to make this possible.
These include Magic Eden List for whitelisting and target audience, Magic Eden Launchpad with ETH/SOL compatibility, and Magic Eden Drop Calendar. Additionally, the platform intends to launch other cross-chain trading analytics tools soon.
According to the press release, the first EZU cross-chain NFT collection will be launched in the coming weeks.
EZU is a sister project of Psychedelics Anonymous on Ethereum and will debut on the Solana-based NFT marketplace. Users will be able to mint both SOL and ETH.
Zhuoxun Yin, co-founder of the platform, said:
“Creators getting started with Magic Eden will no longer have to face the difficult decision of choosing one channel over another at the cost of limiting their potential audience.”
Yin added that the Magic Eden List is a “white label marketplace solution” that caters to creators’ needs and is completely free.
Jack Lu, CEO of Magic Eden, said:
“The launch of collection tools like the cross-chain Magic Eden Drop Calendar will be the first step towards realizing this vision. The rollout of multi-currency purchase support for SOL and ETH NFTs will build on our efforts .
Magic Eden is the dominant Solana NFT Marketplace, representing over 90% of secondary NFT transactions on the blockchain network. The market recorded a trading volume of around $2 billion.