About Magic Eden

Magic Eden has launched Season 2 of its rewards program, offering users new ways to earn incentives for trading non-fungible tokens (NFTs), swapping tokens, and staking on the platform.

Crypto marketplace Magic Eden's Season 2 campaign launched on Thursday to reward users for engaging with its platform.

Magic Eden is setting its sights on becoming a comprehensive platform. The platform aims to support all types of digital assets.

Magic Eden, already a key player in the NFT universe, has announced the acquisition of Slingshot Finance, a well-known mobile trading application specializing in cross-chain exchanges. This step highlights Magic Eden's new ambitions in the world of fungible tokens and meme coin, positioning itself as a decentralized alternative to traditional crypto exchanges.

TL;DR Expanding Capabilities: Magic Eden acquires Slingshot to add seamless, fully on-chain trading to its NFT marketplace, moving beyond just NFTs. Simplified Cross-Chain Swaps: The integration aggregates liquidity from multiple DEXs, enabling quick and optimal token swaps across networks like Ethereum, Polygon, and more.

Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens.