On April 5th, PlaySkateX, a project supported by Concept Art House, landed on Magic Eden Launchpad. On the same day, 1080 "Founder's edition" NFTs were released, and a full and expansive GAME LAUNCH was launched. The team is filled with game industry veterans, including EA, Supercell, Roblox, and so on.
In an earlier tweet, we introduced SkateX Founders Edition, a one-of-a-kind collection of NFT skateboard platforms that users can own and use in an immersive 3D MMO skateboarding world. Each skateboard is unique, featuring original art and artisan details. In SkateX, the virtual city is each user's community, and NFT holders will be able to earn rewards through each community's tasks and multiplayer challenges. In this full-scale virtual skating world, only the roughest skaters can reach the top. There is a lot to discover in the SkateX world, and more board types will be available in the future.
Let's follow the footsteps of CAH to learn about Magic Eden more.
What Is Magic Eden?
Magic Eden is a decentralized application (dApp) built on the Solana blockchain. Solana released Magic Eden in early 2019 as a decentralized application (dApp) platform built on top of the SOL network. Like OpenSea, Magic Eden allows users to create and manage their own NFTs, which can be used for a variety of purposes, including digital artwork, game items, and many more.
Magic Eden Summary
New developments in blockchain technology have led to an explosion of software use cases as the recent rise in popularity and innovation caused by emerging blockchain technologies. Magic Eden is a prime example, whose goal is to make it easy for players to buy or mint NFTs on their platform. These nfts were later used in Solana's network application (built specifically around digital asset ownership).
Magic Eden Features
Launchpad: This feature is exclusive to Magic Eden and allows users to create NFTs in minutes without extensive NFT knowledge or development experience. Currently, the platform only accepts a limited number of projects; however, this may change in the future.
Upcoming Products: Instead of the tedious search for the next NFT product from your favorite creator, Magic Eden provides a curated list of upcoming products to keep you informed.
Popular Collections: To make sure you are aware of the current popular NFT projects, Popular Collections showcases the latest and most popular NFT projects on the Solana blockchain. It makes it easy for you to browse, understand and invest in the latest projects.
Attributes Filter: Unlike any other platform, this new filtering system makes it easier to choose the NFT that is right for you. Magic Eden's attribute filters enable you to use a wide range of discriminators to help you find the exact NFTs you're looking for from backgrounds, clothes, earrings, eyes, and more.
Statistics: The total supply, category and overall value of a user's digital assets are immediately available on Magic Eden. This helps gauge which NFTs are more valuable and how much they are worth, providing a good overview of all assets currently in the network. It displays volume percentages and floor prices, making it easier to determine which assets are more popular and which are not. It's like a stock market overview of digital assets within the platform.
Auction: This is a great feature that lets customers get their favorite NFTs right away without waiting for sellers to lower their prices. In addition to this, it offers users the lowest selling fees and commission rewards for those who regularly participate in auctions and successfully bid on multiple items.
Community: The platform takes into account feedback and suggestions from the community, which means it is constantly improving with the help of users. The more people use it and give their input, the better Magic Eden will become, as well as integrating all other features and services into this new marketplace. This is truly active participation; it is required for any thriving ecosystem.
Pros of Magic Eden