Solana NFT Marketplace Magic Eden Looking to Challenge OpenSea
Some venture capitalists hope that the Ethereum-based OpenSea will soon take a backseat to Magic Eden, a new NFT marketplace on Solana. Forty-three percent of all NFT purchases take place on OpenSea, with $23.3B in total sales, according to research firm DappRadar. But it is limited by the blockchain it operates on, which is Ethereum. Venture capital titan Sequoia Capital has set its sights on Magic Eden, a…
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