Magic Eden Unveils New Marketplace for Bitcoin Ordinals

Magic Eden has launched a marketplace for Bitcoin Ordinals As they officially enter the Ordinals space, Magic Eden positions itself among the initial multi-chain NFT marketplaces, claiming the title of the only fully audited marketplace currently available. Since the Ordinal Protocol kicked off in January, over 400,000 unique inscriptions—also referred to as digital artifacts—have been made on the Bitcoin blockchain. The foundational infrastructure is still developing, leading to new marketplaces and wallet solutions emerging to support Bitcoin Inscriptions.

The debut of Magic Eden's Bitcoin Ordinals marketplace follows shortly after Gamma.io's entry earlier this week. Both Magic Eden and Gamma are among the first to offer Bitcoin digital artifact marketplaces and are vying for a significant slice of this new market.

A press release notes that the Magic Eden Bitcoin digital artifacts marketplace will be operating without restrictions, positioning itself as a reliable platform for trading. Users will benefit from the integration of Hiro and Xverse wallets, enabling them to efficiently list, buy, sell, and manage transactions. launched its marketplace At the outset, Magic Eden will collaborate with a curated selection of 13 leading collections, such as Taproot Wizards, Inscribed Pepes, and Bitcoin Bandits. The platform will provide in-depth filtering for collectors, helping them access vital information about each artifact, including rarity, age, name, and inscription counts.

Jack Lu, the CEO and co-founder of Magic Eden, expressed excitement about the launch, stating: “Opening a Bitcoin marketplace is thrilling for us, especially since Bitcoin is the foundation of all blockchain technologies. We are deeply committed to blockchain and Bitcoin Ordinals introduce a fascinating new layer to the NFT landscape. On the Bitcoin network, any media uploaded is immutable, appealing to many creators eager to craft genuine collectibles that are permanently etched onto the blockchain.”

As the platform evolves, the Magic Eden team intends to continuously enhance user experience, implementing upgrades for a more sophisticated and comprehensive trading environment. collections Top 10 Bitcoin NFT Ordinals Collections to Watch in 2023

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