“We are excited to integrate with Polygon and continue our pursuit of a multi-chain future for Magic Eden,” Zhuoxun Yin, Magic Eden co-founder and COO, said to TechCrunch. “By offering this integration, we are continuing to remove any chain-specific barriers and open NFTs to the masses.”

“The integration will allow us to onboard more global brands and new users into the NFT marketplace, while continuing to bring web3 games to the masses,” Yin said. “Polygon has already brought many recognized brands into web3, which opens the gate for new users to discover the many utilities of NFTs.”

Polygon network supports over 37,000 decentralized applications (dApps) and has had about 1.8 billion total transactions processed, according to its website. The expansion with Polygon could provide Magic Eden with the ability to tap into its ecosystem and vice versa.

To date, Magic Eden’s platform has over $2.5 billion in total NFT trade volume.

Crypto launchpads are also known as crypto incubators and are platforms that allow web3-focused projects to build within a designated blockchain network. In Magic Eden’s case, its NFT marketplace launchpad is a cross-chain on Solana, Ethereum, or both and is responsible for 90% of all Solana-based NFT volume, according to its website.

The integration will focus on providing tools to creators including a launchpad and marketplace that is linked to Polygon’s native token, MATIC, according to a statement. Gaming developers like BORA backed by Kakao Games, IntellaX, nWay, Block Games, Boomland, Planet Mojo, and Taunt Battleworld have already committed to Magic Eden’s Launchpad with Polygon.

Long term, the partnership between Magic Eden and Polygon aims to bring more gaming developers and NFT games to market, Yin said.

So far, Magic Eden has brought over 100 games to market across the layer-1 blockchains Solana and Ethereum, he added. “Although we’re still in the beginning stages of mass adoption for blockchain games, we believe that Magic Eden can add value here.”

NFT marketplace Magic Eden integrates with Polygon to grow blockchain gaming by Jacquelyn Melinek originally published on TechCrunch

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