The biggest market for non-fungible tokens (NFTs) on the Solana (SOL) blockchain says it’s integrating with blockchain scaling resolution Polygon (MATIC).
Magic Eden says it’s including Polygon as its third supported chain after Solana and Ethereum (ETH) in a bid to turn out to be a multi-chain platform and produce extra world manufacturers and customers into the NFT area.
“As we speak, we’re persevering with our multi-chain imaginative and prescient by including Polygon as our third chain! We will’t wait to companion with world-class sport builders, creators, & on a regular basis manufacturers becoming a member of web3.”
In a assertion, Magic Eden says it anticipates being the go-to vacation spot for NFT creators and collectors because it goals to turn out to be a multi-chain platform.
“In the long term, individuals will flock to Magic Eden not due to a particular chain, however just because they love NFTs. Our conviction stays that someday, before we predict, NFT merchants will likely be chain agnostic.”
Magic Eden says it would additionally proceed to supply web3 video games to the lots with the enlargement provided that Polygon is supported by a number of the largest gaming initiatives within the trade, together with Sandbox, Atari, Skyweaver and Midnight Society.
Magic Eden’s partnership with Polygon comes as Solana suffers substantial losses within the wake of the FTX implosion. From buying and selling at a excessive of $33.39 on November 1st, SOL is now buying and selling for $13.10, marking a drop of greater than 60% this month, and a 94% drop from its all-time excessive.
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