Magic Eden Now Allows Polygon NFT Mining And Trading

December 16, 2022 - Around 2 mins mins to read

Solana-based NFT marketplace Magic Eden now offers Polygon NFT minting and trading.

Magic Eden Now Allows Polygon NFT Mining And Trading

The expanded support will provide a foundation for more blockchain-based games on Magic Eden, with new gaming companies such as Shatterpoint and Infinite Drive joining the platform. In 2023, Taunt Battle World, Planet Mojo, and Kakao Games will join.

1/ @0xPolygon, welcome to the garden of @MagicEden ????

Buy, sell, and mint Polygon NFTs with $MATIC, $WETH, and $USDC on Magic Eden pic.twitter.com/C4MhtVBNJX
— Magic Eden ???? (@MagicEden) December 15, 2022

Polygon, as a Layer 2 scaling solution, processes transactions swiftly with low gas prices while using Ethereum security. Polygon is also EVM compatible, which means that developers may use the same contracts they use on Ethereum on Polygon.

In November, Magic Eden expanded support for the Polygon network in an effort to enable multi-chain capabilities and future blockchain gaming possibilities. Polygon now serves as the foundation for numerous popular blockchain-based games, including The Sandbox.

Polygon is a scalable solution suited for the worldwide adoption of NFTs, particularly the fast-growing genre of gaming NFTs, with over 1.3 billion transactions logged, 130 million unique wallets, and 2.7 million monthly active users.

As Coincu reported, Magic Eden has hired Chris Akhavan, a game industry veteran who previously worked at blockchain gaming company Forte, as Chief Gaming Officer to expand its Web3 gaming efforts.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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