Magic Eden

How many Web3 apps do you use every day? On-chain users have grown more cross-chain & sophisticated but our apps remain fragmented & siloed, leading to friction for everyone Magic Eden is building a superdapp to kill friction & deliver the slickest end-to-end xchain platform Today, most Web3 apps live on 1 chain and perform a specific function, leading to fragmented tools across every layer of crypto. For users who now dabble across chains, this is inefficient. For new retail, this is overwhelming. For dapps themselves, this hinders growth. Many of our favorite products with PMF still have capped growth potential: • DEXs have PMF but users have to figure out non-custodial wallets independently. DEXs are also chain-specific, meaning users have to navigate 2+ DEXs and wallets vs just using 1 CEX • Analytics products like Coinmarketcap get insane traffic (CMC has 100M monthly visits; Coinbase has 50M) but cannot offer users an end to end experience for trading & cannot capture most of the value from their user base • Wallets, while highly retentive, often struggle to acquire new users on their own. They rely on 3rd party dapps to drive new users to them. If they bet on the right dapp ecosystem, they can get breakout success, but if they bet on a stagnant ecosystem, they can't grow. The result? Fragmented dapps with PMF in their own layer, but few with sufficient scale or strength to onboard mainstream users without relying on fickle market conditions Because of this, almost every Web3 app is “praying for rain” when scaling - eg. waiting for the market conditions to improve to capture the incoming new users willing to brave the friction Magic Eden is one of the few dapps where we can grab our destiny with our own hands. We want to grow regardless of how the market is doing. I believe the best way for web3 dapps to grow is via vertical integration. Some might view this as contrarian given the ethos of web3. However, all this means is if you want to use Magic Eden, all you need is Magic Eden. The fragmented market structure of web3 is our very own downfall right now. It’s why we can’t onboard more users. For our next wave of new users, Magic eden is willing to grind for years to make their experiences more simple and joyful. Magic Eden is building Magic Eden Wallet to offer 1 end-to-end platform as our first step to building our superdapp. With our wallet today, you can onramp, do xchain swaps, list NFTs directly on ME, and manage your portfolio. Our xchain native swaps has done almost $100M in volume to date. In the future, we will deliver: • Mobile app to let people do xchain swaps & trade NFTs anywhere • Direct integration on the website for seamless login • Email account creation on both mobile + desktop • More features that will help general crypto users outside of NFTs - Jack Lu | CEO

Magic Eden is a cross-chain ecosystem, and a cross-chain ecosystem can only truly be achieved by a cross-chain wallet. That's the main driving force behind why we've developed the Magic Eden Wallet. Get funds on-chain securely. Bridge tokens, set slippage, and instantly swap in-app with peace of mind. Access your favorite dapps on Bitcoin, Solana, and any EVM chain. Enjoy native integration with Magic Eden to easily purchase, list, and sell directly from your wallet. We've also partnered with some of the best projects in the space to launch perks - exclusively for the ME Wallet. Perks rotate on a regular basis, so check regularly for the latest drops. Check out how to download ME Wallet now 🔽

Our multi-chain approach is a bet on creators. Good creators make good content regardless of their underlying chain. Our CEO Jack Lu breaks it down in this clip.

We're excited to be constantly innovating with the newest Web3 tech. Check out some highlights from our time building our Bitcoin Runes Platform. The future of BTC is on Magic Eden.

Learn how our cross-chain Wallet makes swapping to BTC easier than ever from our chad COO with an Aussie accent Zhuoxun Yin

Runes on Magic Eden are finally here. The Garden is turning orange — You can now buy, list and view Runes on Magic Eden with our new Beta program. Today we’re introducing Runes Table View: a customizable buying experience allowing you to control lot sizes and price selection. Filter by price and size, find the right one for you and buy. Simple as that. We also have Swaps View coming soon. Literally just put the amount of BTC you want to spend and we’ll find the best option in a single click. Ordinals and now Runes. The future of BTC is on Magic Eden.

Magic Eden is hiring for TikTok! If you know this platform well, feel like this job description is a fit, and want to join the Magic Eden team please apply! https://lnkd.in/eF6eXhKF

"NFT" isn't even in our mission statement. Hear about our pursuit to make digital ownership universal from the man himself Jack L.

Excited to share this announcement. The future of Bitcoin is on Magic Eden

One year ago we launched our Bitcoin marketplace with the goal of growing Ordinals. Today Magic Eden is your #1 destination for Ordinals. This is our journey.