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Magic Eden will launch on the Ethereum market today.

BlockBeats reported on February 27th that the NFT market, Magic Eden, will launch a new Magic Eden Ethereum market today, jointly launched by Magic Eden and Yuga Labs. Yuga Labs stated that it will stop supporting markets that do not support all creator royalties. "Royalties are the lifeblood of keeping creators building interesting and innovative things in this space." As previously reported by BlockBeats, Yuga Labs announced in November 2023 that it was collaborating with Magic Eden to launch a new Magic Eden ETH market, which is the first Ethereum NFT trading market that is contractually obligated to pay creator royalties.
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Founded less than a year ago, Magic Eden now has more than 22 million monthly unique visitors, more than 100,000 wallets interacting with the platform every day, and the secondary market has more than 8,000 NFT collectibles.
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