Magic Eden looks to challenge OpenSea’s NFT dominance The sta | NFT & Crypto Updates

Magic Eden looks to challenge OpenSea’s NFT dominance

The startup has become the default way for NFT traders in the Solana ecosystem to transact, but as the marketplace has grown, its team has refocused its ambitions to take on OpenSea on its home turf — the Ethereum network, for which they’ve recently begun rolling out early support. The startup is looking to differentiate itself inside the broader NFT marketplace space, shying away from being a hub for online art, and leaning more into verticals like gaming.

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