Magic EdenME
Overview
What is Magic Eden?
Magic Eden is a non-custodial NFT marketplace protocol built on Solana. Magic Eden was founded by Sidney Zhang, Jack Lu, Zhuoxun Yin & Zhuojie Zhou.
How does Magic Eden work?
Creators & users sell NFTs on Magic Eden. They receive royalties from secondary sales (supply-side fees).
Who governs Magic Eden?
Magic Eden team & investors own and govern the protocol. They do not currently charge a transaction fee on the marketplace (revenue). Magic Eden’s investors include Paradigm, Sequoia, Variant, etc.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.