Magic Eden, the leading Solana-based NFT marketplace, is uniting top NFT projects by integrating their tokens. The platform will begin with Aurory’s native token AURY and DeGods’ token DUST.
You Can Soon Purchase NFTs on Magic Eden Using Aurory and DeGods Tokens
According to Tiffany Huang, head of content and marketing at Magic Eden, you can use the tokens just like Solana on the marketplace. This means collectors can use AURY and DUST to buy Solana NFTs from any collection on the platform.
“We wanted to get those projects really excited that they could use those tokens on our site. We didn’t see any other marketplace doing this, so we thought it was a huge opportunity,” Huang stated.
Additionally, Huang said that Magic Eden is talking with Solana “blue chip” NFT creators to integrate their tokens as well. However, as of writing, only DUST and AURY are the only ones confirmed. She said the integrations will probably launch within the next few weeks.
Two weeks ago, NFT marketplace Opensea announced it will begin integrating Solana NFTs on its platform this month. When Decrypt asked Huang about the possible impact of OpenSea entering the Solana market, she just said, “We’re excited they’re here. It creates enormous visibility for all Solana-based NFTs.”
Opensea’s Solana integration would probably affect Magic Eden. However, the Solana-based platform could still keep its unique edge by keeping its focus on the Solana ecosystem. Most importantly, by supporting the platform’s projects beyond the NFTs themselves.
Huang said “We know our communities, we know what makes them excited, and we can ship really quickly. The fact that we’re Solana-native and community-oriented is always going to be our advantage.”