2023-04-07
Magic Eden is an NFT marketplace and
platform built on the Solana blockchain and later expand to other blockchains. It
strives to offer users lower fees, faster transactions, and easier usage
compared to other major NFT platforms. Magic Eden supports a variety of NFT
collections and creators across different categories, such as art, gaming,
music, sports, and more.
Magic Eden launches a launchpad for
Bitcoin Ordinials NFT creators. Creating Ordinal NFTs are much harder than minting
normal NFTs. The launchpad will help creators mint Ordinals on the Bitcoin
blockchain.
Here is the link of Bitcoin Ordinal launchpad. Apply for launch on this link.
Bitcoin Ordinals are a way of creating
NFTs on the Bitcoin blockchain. The way to create NFTs on Bitcoin is by using
Ordinals, which are satoshi (the smallest unit of Bitcoin) that have been
ordered and inscribed with some data, such as an image or a text. This data
makes the satoshi unique and gives it value beyond its monetary worth.
To create an Ordinal, you need to
download Bitcoin Core and sync your node to the blockchain. Then you need to
create an Ordinals wallet and send some satoshi to it. Next, you need to choose
what data you want to inscribe on your sat and use a tool like Ordinal Studio
or Ordinal CLI to generate a transaction that includes your data in the witness
field. The witness field is a part of the transaction that was introduced by
the SegWit upgrade in 2017 and allows for more flexibility and scalability.
Once you broadcast your transaction to
the network, your Ordinal is created and stored on the blockchain. You can view
your Ordinal on a block explorer like Ordinal Explorer or Ordinal Scan. You can
also trade your Ordinal with other users on platforms like Ordinal Market,
Ordinal Swap, or Magic Eden.
Magic Eden also provides users with
various features and services, such as:
- Marketplace: Users can browse, buy,
sell, and trade NFTs on Magic Eden's marketplace. Users can filter NFTs by
collection, price, rarity, popularity, and other criteria. Users can also view
detailed information about each NFT, such as its history, metadata, and
ownership.
- Drop calendar: Users can stay updated
on the upcoming NFT drops on Magic Eden's drop calendar. Users can see the
date, time, price, and supply of each drop, as well as join the waiting list or
pre-mint if available.
- Auctions: Users can participate in
auctions for rare and exclusive NFTs on Magic Eden's auctions page. Users can
bid on NFTs using Solana (SOL) or other supported tokens. Users can also create
their own auctions for their NFTs and set their own rules and parameters.
- Insights: Users can access analytics
and data on the NFT market on Magic Eden's insights page. Users can see the
volume, sales, price trends, and rankings of different collections and
creators. Users can also compare different collections and creators based on
various metrics.
- List: Users can create their own
custom lists of NFTs on Magic Eden's list feature. Users can add any NFTs they
like to their lists and share them with others. Users can also follow other
users' lists and discover new NFTs.
- Launchpad: Users can launch their own
NFT collections on Magic Eden's launchpad feature. Users can use Magic Eden's
tools and resources to create, mint, and distribute their NFTs. Users can also
get exposure and support from Magic Eden's community and partners.
- Games: Users can play games with
their NFTs on Magic Eden's games feature. Users can use their NFTs as avatars
or assets in various games developed by Magic Eden or third-party developers.
Users can also earn rewards and prizes by playing games.
