Magic Eden announces upcoming launch of Ethereum Genesis next month
Magic Eden announces the impending expansion towards Ethereum with the launch of Ethereum Genesis.
Ethereum Genesis is launching soon
Magic Eden has been providing NFT marketplace services solely within Solana. Just recently, the network announced the planned launch of Ethereum Genesis as the marketplace expands into more chains. Based on the reports, this platform will officially be launched on April 6, just a week from now.
The announcement was made via a press statement and on Twitter. The statement also noted that this ETH Genesis tool would bring a platform that allows investors to trade easily and mint ETH NFTs.
Based on the statement, the ETH Genesis tool already has ten new partners. The partners include Hashflow, Serial Experiments Lain, CNWAFUKU, Blocky Doge 3.0, Realm Hunter, The Space Club, Freakz by Subber, McPepe’s, Shrapnel, KaijuKingz, Magna, ZTX, and Code Name: Stardust. These ten partners will launch on ETH Genesis throughout April.
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Based on reports, the new marketplace aims to aggregate marketplaces across the ecosystem. The co-founder of this platform, Zhuoxun Yin, actually recently said:
“We’ve always respected Ethereum as the largest, most established community for NFTs. We bring a proven ability to partner with creators as the only NFT platform that has launched 400+ projects and raised over $120M for creators.”
The rollout of ETH Genesis is simply Magic Eden’s step into the Ethereum community. It targets to reach more collectors and creators.
Last August, Magic Eden launched an aggregator and launchpad focused on ETH, helping collections garner over 12k ETH. The network’s re-entry into Ethereum makes it among the marketplaces available in multiple chains, including Solana, Ethereum, and Bitcoin for ordinals.
In their Twitter thread, Magic Eden announced their commitment to bringing more features, including reintroducing the ETH aggregator. The marketplace vows to continue supporting creators in this marketplace.
Magic Eden’s creator support program will include royalties for creators and possibly a rewards program. Moreover, creators launching via the ETH launchpad will enjoy lower fees of 2% for six months.
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