ETH Genesis: Launching our ETH Marketplace with 10+ Collections Dropping on Magic Eden

Our cross-chain expansion continues as we add Ethereum as our fourth supported chain.

We are thrilled to announce ETH Genesis: the launch of our ETH Marketplace beta on April 6th. With this expansion, we continue our cross-chain vision to serve the OG NFT ecosystem.

You will soon be able to mint, buy, and sell NFTs across four chains on our platform across ETH, Bitcoin, Solana, and Polygon.

Welcome our ETH Genesis Collections

To celebrate ETH Genesis, we are partnering with 10+ ETH collections who will launch on Magic Eden throughout the month of April.

Our partners include:

  • CryptoNinja Holiday -in WAFUKU-: A collaboration between CryptoNinja and WAFUKU, Japan's most famous project and largest NFT IP in Japan.

  • Hashflow: The Hashverse is the first-ever storyverse-driven, gamified governance platform. It aims to bring Web3 communities together to enjoy an immersive experience where users can complete quests and earn $HFT rewards while deciding the future of the protocol.

  • Realm Hunter: Enter a captivating universe filled with magical creatures known as NBMons, just waiting to be discovered and bonded with. Don't miss out on this opportunity to experience a one-of-a-kind adventure - claim your Genesis Key to begin the hunt.

  • The Space Club: A project designed to empower its holders by granting exclusive access to a powerful suite of cutting-edge analytical trading tools, DAPP and Metaverse gamification system.

  • KaijuKingz: A Web3 community centered around art, programming, gaming, and culture.

  • McPepe's: McPepe's has a vision to revolutionize the world of memes as we know it. This begins by bringing every possible variation of the legendary Pepe meme to the masses.

  • Subber: Freakz are the collection of 10,000 hand-drawn PFPs of the Subber community.

  • Blocky Doge 3: A PFP collection from BillyM2k, founder of doge coin.

  • Magna: A 5,000-piece, free storytelling collection aimed at onboarding newbies into the web3 ecosystem.

  • ZTX: ZTX is a metaverse platform empowering creators and communities to build, play and earn. ZTX will be releasing its first NFT collection called the ZTX Genesis Home, consisting of 4,000 bespoke 3D-rendered District Home NFTs -- immersive, customizable and multilayered in-game assets.

  • Shrapnel: The first moddable extraction shooter built by a unique team of BAFTA & Emmy Award-winning talent using UE5 and blockchain.

  • Serial Experiments Lain: To commemorate the 25th anniversary of Serial Experiments Lain, a popular anime classic, Anime Metaverse is releasing Open Edition Digital Collectibles.

  • Code: Name Stardust: An Open Edition and Burn Quest created by artist Shelby Stardust, telling the story of her character in the Sunderlands universe.

  • Freckle Trivia: The first P2E web3 game show with daily interactive game shows where you play to earn raffle tickets redeemable for prizes on their website!

  • Kush Kriminals®: A story-based digital collectible project written by Marvel & DC writer Sam Humphries that features high-res 3d art, & offers it’s holders lifetime discounts at select Cookies® cannabis locations.

Our Plan on ETH

The opportunity to enter ETH and support the most established and largest blockchain NFT ecosystem has been on our minds since we launched Magic Eden in 2021. Last August, we debuted our aggregator and Launchpad. Since then, we have helped launch 33 Ethereum collections who have raised over 12,000 ETH. We knew entering this market wouldn’t be easy, and our goal was to first learn more about the ETH ecosystem in order to plan a thoughtful marketplace entry. We’re finally ready to launch a marketplace and expect to eventually bring back the aggregator on top of our marketplace.

We Will Be A Home For Creators On ETH

We thought long and hard about how to enter the market with a proactive and pragmatic stance on royalties. Our approach is to enter ETH respecting royalties on our native listings for all creators (new & existing collections). Additionally, for a limited time, we will offer our 2% transaction fee to ETH Launchpad creator partners for 6 months.

In-line with our entry to Polygon and Bitcoin, our approach has been to adopt the ethos of the blockchain’s stance on royalties while applying learnings from our royalties journey on Solana. On ETH, new collections that have launched with operator filter have royalties respected across major platforms. We will follow suit in respecting royalties on operator filter collections. For listings within our control (i.e. native on ME), we want to give all creators, the same treatment of respecting their royalties. Thus, we’ve decided that all creators launched pre and post-operation filter will have royalties respected on Magic Eden native listings.

For all listings that are not native to Magic Eden (aggregated listings), we are not able to control royalties on these listings and will also not be taking fees, so royalties for aggregated listings will be subject to approach from the listing’s native platform. The 2% marketplace fee offer for ETH Launchpad creators would also not apply to non-native listings.

We Look Forward To Helping Creators Go Cross Chain

Last week, we added Bitcoin by welcoming ordinals to Magic Eden. We believe there is great synergy between the Bitcoin and ETH ecosystems. Since our Ordinals launch, we’ve received an overwhelming positive response, especially from folks in the ETH ecosystem. We believe the opportunity to provide a frictionless user experience from Bitcoin to ETH and cross-pollinate across our four supported blockchains is stronger than ever.

As of early April, Magic Eden will have a dedicated Launchpad and core secondary market on all four chains (Solana, Polygon, Bitcoin, and Ethereum). We know many Ethereum collections are also interested in other chain expansion including Polygon and Solana, and look forward to helping creators engage more audiences.

What’s next?

We are builders at heart, and ETH Genesis is the start of more launches, features, and surprises to come from us. Stay tuned by following us on twitter, and come back to magiceden.io on next Thursday, April 6, to check out our ETH marketplace and Launchpad

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