What is Magic Eden?
Magic Eden is a premier decentralized NFT marketplace that operates across multiple blockchains including Solana, Bitcoin, Ethereum, and Polygon, facilitating the launch, minting, buying, and trading of NFTs. Founded in September 2021 by four friends with extensive experience in crypto, DeFi, and consumer internet, Magic Eden quickly became the dominant NFT marketplace on the Solana network, commanding over 90% of the chain's NFT trading volume. Beyond its core marketplace, Magic Eden has expanded its offerings to include a launchpad for new NFT projects, developer resources, and a non-custodial browser extension wallet. The marketplace expanded to Bitcoin in March 2023, around the time Ordinals went out. Its user-friendly interface, multi-chain capabilities, low-fee policy, and flexible royalty system for creators make it a competitive and popular choice in the expanding NFT market.
What Can I Do in Magic Eden with Leather?
Magic Eden provides Leather users with a robust platform to engage with Ordinals and Bitcoin-backed tokens:
Buy and trade Bitcoin-backed NFTs and tokens, including .bitmap collectibles, Rare Sats, .sats names, and Ordinals.
Utilize the Magic Eden Launchpad to create and market new Ordinals projects.
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