In the interest of reaching different market segments, Magic Eden of Solana spread to the Ethereum and Polygon blockchains in 2017. Polygon is among the premier NFT gaming platforms, whereas the vast majority of NFTs are issued on the Ethereum blockchain. In June of last year, the business established a venture fund to engage in web3 games.
Chris Akhavan, who came on board in December as chief gaming officer, commented on the company’s most current campaign, stating, “We’ve noticed that several games joining Web3 do not inherently require NFTs as a money-making mechanism. “Nevertheless, NFTs are a crucial customer engagement instrument for them to communicate their goals and accomplish their objectives with a highly engaged community.”
Utilizing its social media platforms, Magic Eden will increase customer engagement. The firm will publish the best NFT traders throughout all Mint Madness categories, with the best ten traders determined on Polygon volume entering a prize fund worth 20,000 MATIC (approximately $25,500). The victor will earn 4,500 MATIC (approximately $5,400).
Lately, Magic Eden partnered with MoonPay to accept debit and credit card purchases. This makes it possible for non-crypto in-house web3 customers to purchase and sell Ethereum and Polygon NFTs.