Magic Eden, a unicorn cryptocurrency recently valued at $1.6 billion, is starting its multi-chain growth alongside Ethereum.
The business recently acknowledge that Ethereum was the first blockchain to be include in its multi-chain strategy.
The majority of the most well-known NFT ventures, including CryptoPunks and Ape Yacht Club, are on Ethereum; which is by far the largest NFT market by trade volume.
Magic Eden does not intend to rival other native Ethereum platforms. “The network would operate as a ‘pure aggregator’ showing Ethereum NFT listings from other marketplaces and “no proprietary listings,” according to a business spokeswoman.