Magic Eden NFT Marketplace Launches Its Highly Anticipated Metaverse Gaming Hub

Join Our Telegram channel to stay up to date on breaking news coverage

Magic Eden, the leading cross-chain digital marketplace for non-fungible tokens, has launched its highly anticipated gaming hub “Magic Eden Games.” The new gaming feature will allow developers and players to discover the best metaverse games.

Magic Eden Launches Much-Awaited NFT Gaming Hub

In a March 22 press release, the NFT marketplace confirmed launching its much-awaited NFT gaming hub “Magic Eden Games.”The new feature is a destination for web3 game developers to grow their player bases and communities.

Magic Eden announced plans to launch a gaming hub sometime in 2022. At the time, the NFT marketplace laid out several gaming infrastructures, including integrating Polygon, an Ethereum scaling solution, to power upcoming non-fungible token-powered video games.

It’s worth noting that the gaming industry has grown tremendously in recent months, with the revenue projected to hit $365 billion before the end of 2023. Magic Eden Games will help game studios reach new players and open significant revenue opportunities.

The new gaming feature will help players discover the best metaverse games and remain updated on the latest gaming news and developments while getting rewarded for their engagement. While commenting about the new gaming development, Chris Akhavan, the chief gaming officer, remarked:

“We look forward to continuing to fuel the growth of the entire web3 gaming ecosystem. Game developers can leverage our platform to acquire new player communities, share game updates, document their game’s milestones, and tap into significant revenue opportunities through the best marketplace experience in all of web3.”

According to the announcement, developers partnering with Magic Eden Games will get their title to explore the game page, featuring game descriptions, studio descriptions, and videos. Studios will generate revenues through NFT minting on the Magic Eden Launchpad and secondary markets.

Magic Eden Launches NFT Mint Madness Campaign

Magic Eden presents the new web3 gaming hub a few days after starting its NFT Mint Madness campaign. The NFT promotion, which featured thousands of new social media followers, aimed to bring dozens of game developers and players to the web3 market.

The Mint Madness Campaign allowed users to mint free NFTs associated with Web3 games on Polygon, Solana, and Ethereum. During the campaign, some metaverse games include Planet Mojo, Meta Star Strikers, Alaska Gold Rush, Shrapnel, Petobots, Blast Royale, Rogue Nation, Tearing Spaces, and Freckle Trivia on Polygon.

Others included Realm Hunter, Legendary: Heroes Unchained, Shrapnel on Ethereum, and Papu Superstars on Solana. Magic Eden has pledged to continue bringing dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover and collect unique NFTs.

Related News

  • Magic Eden Launches Marketplace For Bitcoin NFTs, As Inscribed Ordinals Hit 600K
  • Best NFT Games For 2023
  • Best NFT Trading Card Games

Love Hate Inu - Newest Meme Coin

Rating

Love Hate Inu
  • Decentralized Polling - Vote to Earn
  • Early Access Presale Live Now
  • Ethereum Chain
  • Featured in Yahoo Finance
  • Mint Memes of Survey Results as NFTs
  • Staking Rewards
  • Viral Potential, Growing Community
Love Hate Inu
Learn More

Join Our Telegram channel to stay up to date on breaking news coverage

Comments

Post a Comment

Popular posts from this blog

Has a 1% tax on Bitcoin holders been proposed by a U.S. Senator?

In the morning of Monday, April 22, Dennis Porter, the CEO, and co-founder of the Satoshi Action Fund, caused a stir on X as he shared a supposed letter sent by Senator Elizabeth Warren to President Biden. The letter detailed a proposed piece of legislation titled the ‘ Cryptocurrency Reporting and Wealth Tax Act ’ and urged its implementation. In the document, Senator Warren highlighted that digital assets present both opportunities and challenges but focused on the problems of taxing digital assets and enforcing existent rules in the crypto market. Picks for you 3 must-buy cryptocurrencies under $1 for this week 46 mins ago Losing faith in fiat? Central banks' gold accumulation hits historic level 1 hour ago Cronos unveils its Spring Odyssey campaign powered by Galxe 3 hours ago Google Gemini predicts Gold price for the end of 2024 3 hours ago As a result, the proposed act would introduce requirements for any individual or entity holdin...
Read more

Ethereum’s Rocky Road To $4,000: Will SEC Hurdles Derail Its Bullish Journey?

Image
Ethereum (ETH) stands at a crucial juncture, with its eyes set on the $4,000 price mark. Amid this ambitious pursuit, the digital asset faces a significant challenge that could influence its trajectory: scrutiny from the US Securities and Exchange Commission (SEC). Despite this potential regulatory hurdle, some analysts remain optimistic about Ethereum’s prospects. A detailed Analysis by Captain Faibik, a market watcher, highlighted a bullish pattern in ETH’s four-hour candlestick chart, suggesting that the $4,000 threshold is within reach. Related Reading: Market Alert: Ethereum Faces Potential Downfall As Dencun Upgrade Looms – Here’s Why Ethereum Eyes $4,000 Milestone This optimism stems from a descending wedge pattern observed by Faibik, indicating an end to Ethereum’s consolidation phase and signaling a possible price breakout. The technical Analysis paints a promising picture for Ethereum, suggesting that the asset could reclaim its l...
Read more

Is It Too Late To Buy SC? Shark Cat Price Soars 12% As This New AI Meme Coin Presale Blasts Past $1.2 Million

Image
The Shark Cat price rose 12% in the last 24 hours to trade at $0.1914 as of 02:45 a.m. EST on trading volume that dropped 40% to $20 million. This comes as the token gears up for its listing on the MEXC centralized exchange (CEX) today with SC/USDT starting its trading at 14:00 UTC. .@SharkCatSolana, a memecoin about a cat with a shark hat, is coming to #MEXCKickstarter 🚀 🗳Vote with $MX to share massive airdrops 📈 $SHARKCAT/USDT Trading: 2024-05-07 14:00 (UTC) Details: https://t.co/Wt64QirMBz Note: Due to another project with the token name SC being… pic.twitter.com/IUuY0KGkOC — MEXC_EN 🌎 (@MEXC_EN) May 6, 2024 Shark Cat Price Set To Rally Over The Bullish Pennant SCUSD Chart Analysis Source: Dexscreener.com The Shark Cat price soared to an all-time high (ATH) of $0.39 after its launch. The bulls have not been able to reclaim this resistance, as the SC price retraced in April to the $0.04073 support zone. SC has been able to...
Read more