Quick take:
- Magic Eden is beefing up its NFT marketplace with more support features for Polygon.
- The company is also adding an NFT aggregator tool that consolidates NFT collections across multiple marketplaces.
- Magic Eden also released its Polygon API tool that lets projects integrate marketplace features.
Magic Eden is revamping its support for its Polygon NFT marketplace with new features. The company said Tuesday it is also adding an NFT aggregator tool that consolidates collections from multiple platforms.
This announcement comes hot on the heels of the company’s massive partnership with Bored Ape Yacht Club Creator Yuga Labs to develop an Ethereum NFT marketplace that respects creator fees.
Magic Eden is also implementing royalty enforcement on its Polygon NFT marketplace and announced the public release of its Polygon API tool that lets projects integrate marketplace features.
Commenting on the announcement, Magic Eden co-founder and CEO Jack Lu said his company feels it’s just scratching the surface of what is possible on Polygon.
“We hope that by launching and opening up some of these new features, more collectors, creators and game developers will join us and we can keep growing the Polygon ecosystem together,” he said.
Polygon co-founder Sandeep Nailwal commended Magic Eden’s latest announcement calling the NFT platform “an absolutely relentless building machine.”
Since launching as a Solana-based NFT marketplace, Magic Eden has evolved into an interoperable multi-chain NFT platform, offering support for Ethereum and Polygon NFTs. Earlier this year, the company also launched a Bitcoin NFT Marketplace amid the Ordinals buzz.
This move also comes at the back of a big week for NFTs. Crypto research and analytics provider Nansen reported that NFT sales rose to 68,342 ETH for the week ending November 6, which is a significant jump compared to 29,704 ETH sold during the week ending October 9.
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