#MagicEden #NFTs #nftmarketplace
It has been one year since the launch of Magic Eden, the fast-growing NFT marketplace that reached unicorn status with a $1.6 billion valuation.
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In September 2021, Magic Eden was founded by four friends with backgrounds at Uber, Facebook, Google, FTX, dYdX and experience across crypto, DeFi, mass consumer marketplace and management. Jack Lu, the co-founder and CEO spoke exclusively with Blockster about the future of Magic Eden, from going multi-chain and being bullish on gaming to filling the gaps of existing marketplaces.
“Magic Eden is described as a marketplace, but as a business model, it is much more like a crypto exchange,” Jack explains. The platform gives its users fast access to liquidity, a good understanding of supply, and the ability to trade in the marketplace. The Magic Eden team has created a polished Web3 consumer experience that would be expected more so in Web2.
In less than a year, Magic Eden has become the largest Solana-based NFT marketplace, and now it has added Ethereum to its offerings — directly competing with OpenSea.
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Watch the full interview with Magic Eden’s CEO Jack Lu, hosted by Kayley Hamliton, to learn about all the exciting things coming to their NFT marketplace
Follow Magic Eden on Twitter: @magiceden
For more stories about the people disrupting the Web3 space, visit blockster.com.
