Welcome back to Chain Reaction, a podcast that delves into the latest trends, drama, and news in the crypto world. In this episode, Jacquelyn interviews Jack Lu, the co-founder and CEO of NFT marketplace Magic Eden. Magic Eden started as a Solana-based NFT trading platform and has now expanded to support other blockchain networks like Polygon, Ethereum, and Bitcoin. It has become one of the largest NFT marketplaces with over 8,000 collections, $3 billion in NFT transactions, and 22 million monthly visitors. Lu discusses how Magic Eden plans to stay competitive by offering multichain support and partnering with popular NFT collections. He also talks about the potential for expansion into other blockchain ecosystems, particularly in the gaming sector. Despite its rapid growth, Magic Eden aims to provide a simple and valuable NFT trading experience for its users in the long term.
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