NFT marketplace Magic Eden integrates with Polygon to grow blockchain gaming
Summary
By offering this integration, we are continuing to remove any chain-specific barriers and open NFTs to the masses.The expansion aims to provide Magic Eden the ability to support Polygons ecosystem of game developers and creators. The Polygon network hosts some of the biggest web3 gaming projects and publishers like Ubisoft, Atari, Animoca Brands, Decentraland, Sandbox, among others.Ethereum-focused Polygon has also made headlines recently for partnering with non-crypto-native companies like Instagram, Stripe, Disney, Starbucks and Robinhood to integrate web3 technology into businesses.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. On average, it has about 10 million unique user sessions per month and sees over 20,000 NFTs traded daily even amid a market downturn, the company stated. During that time period, Polygon outperformed both Ethereum and Solana blockchains with a 71% increase in NFT sales volume.Our entry into Polygon will include a launchpad and marketplace, both of which will go live next month and simplify the process for NFT creators and collectors, Yin said.Crypto launchpads are also known as crypto incubators and are platforms that allow web3-focused projects to build within a designated blockchain network.