The biggest market for non-fungible tokens (NFTs) on the Solana (SOL) blockchain states it is incorporating with blockchain scaling option Polygon (MATIC).
Magic Eden says it is including Polygon as its 3rd supported chain after Solana and Ethereum (ETH) in a quote to end up being a multi-chain platform and bring more worldwide brand names and users into the NFT area.
“Today, we’re continuing our multi-chain vision by including Polygon as our 3rd chain! We can’t wait to partner with first-rate video game designers, developers, & & daily brand names signing up with web3.”
In a declaration, Magic Eden states it expects being the go-to location for NFT developers and collectors as it intends to end up being a multi-chain platform.
“In the long run, individuals will flock to Magic Eden not since of a particular chain, however merely since they like NFTs. Our conviction stays that a person day, faster than we believe, NFT traders will be chain agnostic.”
Magic Eden states it will likewise continue to provide web3 video games to the masses with the growth considered that Polygon is supported by a few of the greatest video gaming tasks in the market, consisting of Sandbox, Atari, Skyweaver and Midnight Society.
Magic Eden’s collaboration with Polygon comes as Solana suffers significant losses in the wake of the FTX implosion. From trading at a high of $33.39 on November 1st, SOL is now trading for $13.10, marking a drop of more than 60% this month, and a 94% drop from its all-time high.
Included Image: Shutterstock/ded pixto