NFT Platforms Series B

Magic Eden

Decentralized multi-chain NFT marketplace for institutional-grade digital asset trading

Available in 8 countries Last verified: May 2026
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Founded
2021
Users
20M+
Total Funding
$170M
Employees
100–200

🏢 Company Overview

Headquarters
San Francisco, USA
Funding Stage
Series B
Total Funding
$170M
Users
20M+
Pricing
Free
Rating
★ 3.4
AML Compliant GDPR No

ℹ️ About Magic Eden

About Magic Eden Magic Eden is the world's leading multi-chain NFT marketplace and digital asset trading platform, originally launched on Solana in 2021 before expanding to Ethereum, Bitcoin, and Polygon ecosystems.

The platform unifies NFT discovery, minting, buying, selling, and token swaps across multiple blockchains in one seamless interface — making cross-chain digital asset trading accessible to both retail and institutional participants.

Magic Eden's Launchpad and Mint Terminal tools empower creators to launch NFT collections with zero listing fees, while its native $ME token drives a decentralized rewards ecosystem and long-term community governance.

With audited smart contracts, multi-sig wallet infrastructure, and a dedicated bug bounty program, Magic Eden provides enterprise-grade security for onchain trading at scale across all supported chains.

The platform's Creator Hub offers royalty enforcement tools, real-time analytics, and a DAO toolkit — giving digital artists and project founders strategic control over their communities and revenue streams.

Magic Eden's API-first architecture, cross-chain aggregation engine, and sub-cent Solana transaction costs have positioned it as the dominant NFT infrastructure layer for Web3-native traders and developers worldwide.

⚡ Key Features

Cross-chain NFT trading across Solana, Ethereum, Bitcoin, Polygon
Zero-fee NFT listing with 2% flat transaction fee
Launchpad and Mint Terminal for NFT collection launches
Native $ME token-powered decentralized rewards program
Creator Hub with royalty enforcement and DAO toolkit
Real-time cross-chain portfolio tracking and analytics

💪 Strengths & Weaknesses

4 Pros 3 Cons
💪
Strengths
What it does well
Dominant Solana NFT market share
Sub-cent cross-chain gas fees
Zero NFT listing fees
Native multi-chain wallet integration
⚠️
Weaknesses
Areas to improve
Limited customer support responsiveness
No fiat on-ramp integration
Restricted in several key regions

💬 User Reviews

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🌍 Available In

8 countries
United States United Kingdom Germany Canada Australia Singapore Japan Brazil
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