Magic Eden
Founded Year
2021Stage
Unattributed - II | AliveTotal Raised
$170.28MLast Raised
$6.22M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+190 points in the past 30 days
About Magic Eden
Magic Eden operates as an online marketplace for non-fungible tokens (NFTs). It enables users to create and sell their NFTs on the blockchain network. It aims to be the platform for discovering, trading, and creating NFTs. The company was founded in 2021 and is based in San Francisco, California.
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Research containing Magic Eden
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Magic Eden in 1 CB Insights research brief, most recently on Jun 23, 2022.
Expert Collections containing Magic Eden
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Magic Eden is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Blockchain
12,836 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Latest Magic Eden News
Sep 18, 2024
Mocaverse and Magic Eden to co-launch MagicMoca NFT launchpad Mocaverse has on Tuesday announced a strategic collaboration with Magic Eden to launch MagicMoca, an non-fungible token (NFT) launchpad platform exclusively for the Mocaverse community and designed to facilitate access to curated gaming and IP NFT project launches. Animoca Brands said in a statement, MagicMoca will be the first co-branded NFT launchpad from Mocaverse or Magic Eden to curate high-quality NFT projects from key cultural verticals such as gaming, sports, IP, and others for holders of Moca NFTs, MOCA Coin, Moca IDs, as well as the Magic Eden community. The new launchpad will tap into the scale of the Moca Network and funnel upcoming NFT projects from Animoca Brands and its portfolio of over 540 Web3 projects. MagicMoca will adopt MOCA Coin as its primary currency for sale activities, while Magic Eden will accept MOCA Coin as one of the preferred currencies for its marketplace. In addition, Magic Eden will fully integrate Mocaverse products that enable Moca ID users to participate in the highly curated NFT launches and build their on-chain reputation with NFTs. Magic Eden will incentivize its millions of users to integrate with Moca Network by offering a Diamond boost when users purchase and/or list MagicMoca NFTs through its native Rewards program. “It’s been a great experience partnering with Mocaverse and bringing this launchpad to life, “Our priority will always be to push boundaries on how to expand the world of NFTs, so tapping into innovative collaborations with Mocaverse and unlocking access to the Animoca Brands ecosystem is a huge asset for both of our communities,” said Jack Lu, Chief Executive Officer and Co-founder of Magic Eden. Kenneth Shek, Mocaverse lead, commented that the collaboration allowed them to share the same vision to accelerate consumer crypto by using NFTs as the touchpoint for day to day consumers. “Together, Mocaverse and Magic Eden will tap into Mocaverse’s network effect and curate only the best projects launching NFTs exclusively for both communities, “Magic Eden is launching marketplaces compatible with different chains, and we’re fully aligned to bringing full interoperability to users through our new launchpad MagicMoca and adopting the omni-chain MOCA Coin,” he added. MagicMoca will launch later in the third quarter 2024. Follow Mocaverse on X, Medium, and Discord server or Magic Eden on X to receive updates on MagicMoca and the opportunities it will bring to both the Mocaverse and Magic Eden communities. Mocaverse is Animoca Brands’ marquee consumer platform that enables users to maximize their Web3 experiences and rewards with a single login entry point. Seeded by Animoca Brands’ 540 portfolio companies, Mocaverse is building the Moca Network, a network of networks with a single login entry point where partners can co-build different consumer applications for Web3 onboarding. With Realm SDK as the core onboarding product, Mocaverse aims to decentralize the onboarding of millions of users from partners via interoperable wallet, ID, reputation, and point systems. Magic Eden is the leading cross-chain NFT platform, building a user-friendly platform for minting and collecting NFTs. Magic Eden brings dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover, and collect unique NFTs.
Magic Eden Frequently Asked Questions (FAQ)
When was Magic Eden founded?
Magic Eden was founded in 2021.
Where is Magic Eden's headquarters?
Magic Eden's headquarters is located at 332 Pine Street, San Francisco.
What is Magic Eden's latest funding round?
Magic Eden's latest funding round is Unattributed - II.
How much did Magic Eden raise?
Magic Eden raised a total of $170.28M.
Who are the investors of Magic Eden?
Investors of Magic Eden include Paradigm, Sequoia Capital, Lightspeed Venture Partners, Greylock Partners, Electric Capital and 5 more.
Who are Magic Eden's competitors?
Competitors of Magic Eden include Indexer, AtomicHub, Fractal, Uniqly, Supermojo and 7 more.
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Compare Magic Eden to Competitors
Rarible focuses on the non-fungible token (NFT) sector, providing a marketplace for digital goods. It offer a platform for the discovery, purchase, and sale of NFTs, catering to brands, communities, and individual creators. The company primarily serves sectors that require blockchain technology for digital asset transactions. It was founded in 2020 and is based in Wilmington, Delaware.
SuperRare focuses on the digital art market, operating within the cryptocurrency and art industries. Its main service involves providing a platform where artists can create, display, and trade digital artworks tokenized as collectible items on the Ethereum network. It was founded in 2018 and is based in Newark, Delaware.
OpenSea operates as a digital marketplace specializing in the trade of non-fungible tokens (NFTs) within the web3 ecosystem. The platform facilitates the minting, buying, selling, and auctioning of NFTs across various categories such as art, gaming, music, and more. OpenSea provides a peer-to-peer trading environment that supports multiple blockchain networks. It was founded in 2017 and is based in New York, New York.
FirstMate is a company focused on providing marketplace solutions for NFT creators within the digital collectibles sector. They offer a platform that allows creators to build their own NFT marketplaces without the need for coding, featuring integration with multiple decentralized protocols and no added transaction fees. FirstMate primarily serves NFT creators and collectors, offering tools to enhance the buying and selling experience of digital collectibles. It was founded in 2022 and is based in Brooklyn, New York.
Fanaply provides a non-fungible token (NFT) service solution for driving the digitization of fandom through collectibility, scarcity, storytelling, marketing, and robust community building. It works with musicians, sports teams, festivals, and other partners to bring official, virtual merchandise based on blockchain technology. It was founded in 2019 and is based in New York, New York.
Superlogic specializes in loyalty and connected commerce solutions within the technology sector. The company offers a platform for customer engagement and loyalty through gamified systems, digital product IDs, and data-driven marketing tools. Superlogic primarily serves brands looking to improve customer retention and loyalty program effectiveness. Superlogic was formerly known as OneOf. It was founded in 2021 and is based in Miami, Florida.
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