Yahya 
Magic Eden is a leading NFT (Non-Fungible Token) marketplace built on the Solana blockchain. Founded in 2021, the platform offers a decentralized marketplace where artists, collectors, and investors can buy and sell digital assets. Additionally, Magic Eden has quickly gained popularity in the Solana NFT market with its user-friendly interface and low transaction fees.
What Does Magic Eden Do?
Users can utilize this platform to:
- Buy and sell NFTs,
- Create and list their own NFTs,
- Explore and follow NFT collections,
- Participate in NFT auctions,
- Launch new NFT projects via the Launchpad.
The platform also offers an interesting and innovative feature that allows users to stake their NFTs and earn passive income.
Who Are the Team Members?
Sidney Zhang (CTO): Co-founder and CTO of Magic Eden. He has worked as a software engineer at Uber and specializes in big data and distributed systems. He graduated from Peking University with a degree in Computer Science.
Jack Lu (CEO): Co-founder of Magic Eden. He has deep knowledge in blockchain technologies and cryptocurrencies and plays a role in strategic management.
Zhuoxun Yin (COO): One of the co-founders of Magic Eden. He has previously held various roles in blockchain projects and the start-up ecosystem. He specializes in market growth and business development.
Zhuojie Zhou (Senior Engineer): One of the co-founders of Magic Eden. He has extensive experience in blockchain and software development. He makes significant contributions to technological innovations and product development processes.
How to Sign In?
You can easily sign in to Magic Eden by following these steps:
- Visit the magiceden.io website,
- Click on the “Connect Wallet” button in the top right corner,
- Select one of the wallets you have,
- Follow the necessary steps to connect your wallet. After signing in, you can start using all the features of the platform.
Magic Eden Wallet
Magic Eden has recently launched its own wallet solution. The Magic Eden Wallet aims to provide users with a more integrated experience with the marketplace. This wallet makes it easier to manage NFTs and other digital assets.
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Magic Eden vs OpenSea
Magic Eden and OpenSea are two major players in the NFT market. However, there are some key differences between them.
- OpenSea is generally Ethereum-focused, while Magic Eden is more Solana-focused. However, both platforms support blockchains like Solana and Ethereum.
- Magic Eden generally offers a lower marketplace fee. The marketplace fee on the Magic Eden platform is 2%, while on the OpenSea platform, this fee is 2.5%.
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