Magic Eden Will Pay You to Buy and Sell Solana NFTs


Multi-chain NFT marketplace Magic Eden is putting more focus on its original home on Solana, and today the firm announced a “Chapter II” initiative that will see Magic Eden further open its platform in various ways—and even give traders free SOL for buying and selling NFTs.

Magic Eden has started aggregating listings from competing marketplaces, giving traders a single destination to manage listings across platforms and see prices and listings across the entire Solana NFT market. The startup—which was valued at $1.6 billion as of June 2022—said that it will also open-source its marketplace smart contract in the coming days.

Furthermore, the company will also remove a “co-sign” feature that prevented its own marketplace listings from being easily aggregated by other NFT marketplaces.

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