NFT marketplace Magic Eden said Monday it would axe roughly 15% of its staff as part of its company-wide restructuring efforts this year. Out of 144 employees, 22 will be let go, CEO and co-founder Ja...
Tag: magic eden
Solana NFT marketplace Magic Eden offers refunds following fake y00ts fix
Solana NFT marketplace Magic Eden offered refunds to users affected by the posting of unverified NFT collections on its marketplace. A new feature deployment had caused a user interface issue t...
Magic Eden updates verification system after fake y00ts and ABC NFTs
Solana’s top NFT marketplace Magic Eden updated its verification layers for NFT collections following a series of fake duped projects. Magic Eden thanked the community for alerting it of ...
NFT Creators Looking for Royalties Face an Uphill Battle: Galaxy
Thanks to widespread, emerging marketplace policies, NFT creators looking to cash in on royalties have been having a difficult go of it. Until yet another set of standards for corresponding smar...
NFT Sales Volume Drops 20% in November
November’s combined NFT sales volume across the five top marketplaces clocked roughly $394 million, the lowest recorded this year. Data provided by DappRadar and compiled by NFT gaming platform ...
Magic Eden to debut code enforcing NFT royalties, allowing ‘gamification’ of collections
Solana’s biggest NFT marketplace, Magic Eden, has followed in the footsteps of OpenSea in releasing code that allows creators to enforce royalties on new NFT collections. The move appears ...
Magic Eden Company Intelligence
August 22, 2022, 10:08AM EDT • 30 min read Quick Take Founded in September 2021, Magic Eden runs the largest Solana NFT marketplace with +90% market share – Magic Eden verticals include its secondary ...
Magic Eden submits proposal to build ApeCoinDAO an NFT marketplace
Non-fungible token (NFT) marketplace Magic Eden has submitted a proposal to the ApeCoin DAO to build a marketplace where $APE holders can buy and sell NFTs for a 0.75% transaction fee. Magic Eden clai...
Magic Eden to launch support for Ethereum NFTs in coming weeks
Solana NFT marketplace Magic Eden will launch support for Ethereum-based non-fungible tokens (NFTs) in the coming weeks, the company announced on Tuesday. The move has been expected since the company’...
Monthly NFT trading volumes fell 74% from May to June
The NFT market is cooling down, according to the data. Monthly trading volumes for non-fungible tokens (NFTs) fell 74% between the months of May and June, according to data compiled by The Block Resea...