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Magic Eden launches beta version of its cross-chain wallet for collectors

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Magic Eden has announced the beta launch of the cross-chain “Magic Eden Wallet” designed to cater to the needs of Magic Eden users and collectors navigating multiple blockchains.

The beta release is currently accessible to a select group of early testers, offering them a firsthand experience of the wallet’s innovative features and functionalities. 

Thanks to the multi-chain infrastructure behind the Magic Eden platform.

Magic Eden is a prominent player in the Web3 space, particularly in the realm of NFTs and gaming. The company operates as a leading community-centric NFT marketplace, providing a platform for creators and game studios to showcase their NFT collections and engage with users.

The company’s venture arm, Magic Eden Ventures, has invested in 11 web3 gaming studios, demonstrating its commitment to advancing the web3 gaming industry.

Magic Eden Ventures forms partnerships with game studios to help them launch NFT projects, acquire and engage users, and support gaming infrastructure via in-game marketplaces. 

The company’s full suite of creator products and services enables games’ monetization and engagement across the web3 ecosystem. 

The NFT platform noted that users who want to access the new product can do so by joining the waiting list by downloading the extension with their email address. The Magic Eden Wallet aims to streamline the cross-chain experience for users and collectors.

In 2023, Magic Eden made significant strides in the web3 gaming space through its investments, partnerships, and the expansion of its gaming division, Eden Games. 

Magic Eden Ventures, the venture arm of Magic Eden, has invested in 11 web3 gaming studios, forming partnerships with game studios to help them launch NFT projects, acquire and engage users for their games, and support gaming infrastructure via in-game marketplaces. 

It has also launched Magic Eden Games, a hub for web3 game developers to grow their player bases and communities. The platform helps players discover the best web3-enabled games, stay updated on gaming news, and expand web3 gaming communities. It also offers significant revenue opportunities for game developers.

Read also; Animoca Brands takes position in UAE-based blockchain gaming studio, Farcana

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