Magic Eden Beginner’s Guide – NFTs from Solana and Ordinals
Welcome to the wild and wacky world of Magic Eden, the NFT marketplace that is shaking up the cryptocurrency world! In just two years, this Solana ($SOL) sensation has become a hub for all things irreplaceable, and we’re here to give you the digital scoop on what makes it so special.
What is Magic Eden in NFT Wonderland?
In September 2021, Magic Eden will explode like a supernova in the Solana blockchain galaxy. Originally a cozy venue for SOL-based NFTs, this market has quickly developed into a digital circus brimming with creativity.
With trading volume soaring to $1.76 billion (yes, billion with a ‘b’), Magic Eden is the cool kid of the NFT party, boasting low fees, a user-friendly vibe, and features that would make your grandmother jealous. .
Popularity vote? We have a winner!
Move over, Ethereum! Magic Eden is in the spotlight, accounting for more than 90% of Solana NFT secondary sales market share. With trading volume soaring to $1.44 billion, Magic Eden is throwing punches at bigger players like Opensea. Talk about an underdog story!
In 2022, Bitcoin also began offering regular NFTs. Quickly adapts to trends and takes first place in market share.
Magic Eden 101: What’s the Deal?
Magic Eden is more than just a marketplace. It’s a decentralized NFT extravaganza! Want to create, buy, sell or trade NFTs? You are in the right place. Magic Eden, originally Solana-centric, opened its doors to Ethereum NFTs. It’s like a cool club where everyone is invited.
How to Make Magic in Eden
It’s very easy to have fun. Just grab a Solana-compatible wallet (Trust Wallet or Phantom Wallet, anyone?), load up your SOL, and you’re ready to go. Click “Connect Wallet”, select a collection, and voila, the NFT game is on!
For Ordinals, try the Xverse wallet.
Want to know the hottest collections? Okay the Bears are the top dogs, or should I say bears, when it comes to volume and floor price. Magic Eden lets you filter your collection like a pro, sorting bears by hats, fur, and glasses. A fashion-forward bear, who knew? Alternatively, if you want to dip your toes into Ordinals, take a look at Bitcoin Frogs, which have recently begun to see increasing trading volume. The lowest price is 0.14 BTC.
Features that make Magic Eden a unicorn
1. Low transaction fees: Fee payments remain the same as last season. This NFT marketplace is shaking up its competitors by charging a 2% transaction fee. There are no registration or proposal fees. Creators can set their own royalties.
2. Easy and simple design: The people at Magic Eden pursue simplicity. From Launchpad pools to user feedback, we’ve made user experience an art form.
3. NFT extravaganza: Magic Eden is a strong collection game. Popular Collections showcase your most popular purchases, and Launchpad removes duplicates to keep them fresh.
4.Eden Game: Are you ready to play? Magic Eden has released over 35 games, but they’re not messing around. Everesed, DeFi Pirates, and Mini Royale: Nations are just a taste of the gaming buffet.
The price is right, baby!
You know what’s better than free? price:
- NFT has been registered on nada.
- Awesome 2% transaction fee.
- bid? There is no additional cost.
- Producers set royalties.
- Half the price listed for the minimum offer.
Yugalabs and Magic Eden: A Match Made in NFT Heaven
Yuga Labs and Magic Eden are the ultimate power couple. With plans to launch an Ethereum NFT marketplace that enforces creator royalties, they are rewriting the NFT love story.
I’ll explain more about this later when more details become available.
Ending the magic show
In the fascinating realm of Solana & Ordinals, Magic Eden is a rising star that amazes us with 2% transaction fees, a collection of quirky NFTs, and a gaming experience that will make you say goodbye to your console. Are you ready to dive into NFT wonderland? Magic Eden is waiting with open digital arms. So pick up your cryptocurrency wand and let the magic begin! 🚀✨
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