Image: Magic Eden/Twitter

Magic Eden, the biggest Solana-based non-fungible token (NFT) market, has launched its “audited” Bitcoin Ordinals for NFT merchants.

See associated article: Most of NFT industry working on recycled liquidity, says Forkast Labs’ co-founder

Fast details

• “Just as we have expanded into other chains, we now aim to bring our expertise in building marketplaces to the nascent, yet flourishing Ordinals ecosystem. By doing so, we’re honoring the culture of Bitcoin by providing the first audited marketplace and our winning user experience to collectible lovers,” Magic Eden said in a statement. 
• While {the marketplace} has launched on Bitcoin with out royalty assist, Magic Eden is trying into the event of an on-chain, permissionless royalty normal, the assertion mentioned.
• Magic Eden is “re-planning a more concerted entry into Ethereum,” having constructed marketplaces on Solana and Polygon.
• In October, Magic Eden made the fee of NFT creator royalty fees non-obligatory, in an try to realize market share. 
• An NFT market is a platform that permits buying and selling of NFT tokens, normally within the type of pictures or artworks.
• See associated article: Magic Eden NFTs display explicit content, ‘Big Bang Theory’ images