Magic Eden Launches NFT Collection on Ethereum

Magic Eden, one of the leading non-fungible token marketplace platforms, has announced a partnership with Yuga Labs and other members of the creator community of the recently launched Ethereum NFT marketplace platform , to launch a commemorative NFT collection.

Magic Eden launches commemorative NFT collection

In a blog announcement on March 14, Magic Eden confirmed the launch of the collection. Magic Eden is famous as one of the largest NFT marketplaces on the Solana ecosystem, with diverse services and products. Since its founding in 2021, Magic Eden has expanded its operations to support many other leading blockchain networks, including Ethereum, Polygon, and even Bitcoin.

Magic Eden’s operating philosophy is to connect artists, creators, and NFT enthusiasts from multiple blockchains into a single platform, providing a variety of features for users, creators, and developers. With this goal, Magic Eden has taken the lead in providing a user-friendly interface, low fee policy, and flexible copyright system that benefits both users and creators.

Magic Eden, @yugalabs & members of the Creator Alliance are giving out a commemorative NFT drawn by @cloncast.

No utility, just art.

1k total supply sent to users of our Ethereum marketplace. With 500 to random users & 500 to the users who contribute the most royalties to… pic.twitter.com/beVYFdoznm

— Magic Eden 🪄 (@MagicEden) March 14, 2024

Yuga Labs, a famous digital assets studio, is also involved in this project. With a series of top NFT collectibles such as the Bored Ape Yacht Club, Mutant Ape Yacht Club, and other NFT collectibles, Yuga Labs has made a name for itself in the NFT market. Bored Ape Yacht Club, famous for its intellectual property for CryptoPunks and Meebits NFT collections, is one of Yuga Labs’ signature projects.

Overview of the Magic Eden Commemorative NFT Collection

Magic Eden, Yuga Labs and other members of the innovative alliance have officially announced plans to launch a highly anticipated new Ethereum NFT marketplace in November 2023. Last month, Magic Eden, along with several other projects, Other leading NFT projects like Chiru Labs, have launched an NFT marketplace platform on Ethereum that they have high hopes for.

Tomorrow. pic.twitter.com/3xWioC3tYq

— Magic Eden 🪄 (@MagicEden) February 26, 2024

To celebrate this success, Magic Eden and their creative alliance are giving away a commemorative non-fungible token collection to the Ethereum NFT marketplace user community. This collection will include 1,000 limited edition NFTs, of which 500 NFTs will be randomly distributed to users and 500 NFTs will be reserved for users with the largest copyright contributions to the creative community.

Related: Solana’s Tensor Market Aims for NFT Growth

Magic Eden and Yuga Labs’ commemorative non-fungible token collection will feature digital artwork created by Cloncast, a renowned digital artist behind the Cool Cat NFT collection. The opportunity to own these commemorative NFTs will start on March 14 and end on April 15, 2024.