NFT marketplace, Magic Eden, has launched a Bitcoin NFT marketplace as demand grows for Bitcoin ordinal NFTs. The platform will allow users to buy, sell, and trade Ordinal NFTs using Bitcoin wallets such as Hiro and Xverse. Although Magic Eden is usually thought of as the go-to marketplace for Solana NFTs, incorporating support for Bitcoin NFTs won't be the first time they've broadened their horizons. The platform has previously ventured into a range of blockchain ecosystems, including Polygon and Ethereum.
In addition to its extended marketplace, Magic Eden is also partnering will notable Ordinals projects. They have collaborated with Taproot Wizards, Bitcoin Bandits, and Inscribed Pepes, with the hope of introducing a wider audience to Bitcoin NFTs. The marketplace has also promised to provide all the essential information about Bitcoin NFTs, such as rarity and token number, meaning that users won't have to use a separate site to see how rare their NFT is. Magic Eden's CEO and co-founder, Jack Lu, made it clear that he is keen to support Bitcoin NFTs. He emphasized their advantages and, in particular, he highlighted the immutability of the Bitcoin blockchain. He also pointed out that creators are prepared to build true collectibles when inscribing onto the blockchain itself.
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