Bored Ape Yacht Club (Yuga Labs) teams up with Magic Eden to launch Ethereum NFT marketplace by the end of the year
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Table of Contents
Magic Eden Rebuilding the Ethereum Market
In fact, Magic Eden announced its entry into the Ethereum market as early as August 2022 and had a friendly relationship with ApeCoinDAO at that time.
Magic Eden collaborates with ApeCoinDAO to create a low-fee exclusive NFT market
Solana's largest NFT market Magic Eden enters the Ethereum market! Offering free whitelist, lottery tools, and minting services
Yuga Labs Commits to Fulfilling Creator Royalties
Yuga Labs tweeted that the platform will be launched by the end of the year and emphasized that this will be the first Ethereum NFT market that truly considers creator royalties as its obligation, with more information to be announced soon.
According to the Magic Eden website, the previous Ethereum market has been temporarily closed, and users can register via email to receive notifications as soon as possible.
Planting something new for all creators.
We’re partnering with Magic Eden to launch the new Magic Eden ETH marketplace – the first major ETH marketplace contractually obligated to honor creator royalties.
The marketplace will launch end of 2023, more details soon. pic.twitter.com/iDrBM46nHk
— Yuga Labs (@yugalabs) November 4, 2023
Magic Eden CEO: Standing on the Right Side of History
Jack Lu also tweeted that this is a great partnership built on shared visions and values, and they clearly agree on many issues in the Web3 space with Yuga Labs.
🧵Standing On The Right Side of History
Great partnerships are built on shared vision & values. Having spent mths with the @yugalabs team, it is clear that we see eye to eye on so many issues in Web3: the importance of Creators, communities & our roles as leaders to grow the… https://t.co/rVJXdLZKqg
— Jack Lu (@0xLeoInRio) November 4, 2023