Magin Eden rolls out launchpad for Bitcoin NFTs

 

Popular NFT marketplace Magic Eden has rolled out a creator launchpad for Ordinals NFTs on the Bitcoin network, nearly 20 days after launching a new marketplace for Bitcoin NFTs. 

 The launchpad will help NFT creators inscribe their Bitcoin-based NFT collections, simplifying the creation of new NFTs on the network.

  • The NFT creators can already list and sell their Ordinals NFTs on Magic Eden.
  • The creators need to be familiar with specific processes like inscription while minting an Ordinals NFT on Bitcoin, differently from creating a digital asset on other blockchain networks such as Ethereum and Solana. 
  • Magic Eden’s new launchpad aims to onboard new creators to the network by facilitating these processes. 
  • The popular NFT marketplace has collaborated with the NFT collection Godjira to release a Bitcoin-based collection, (Dead) Jira, at the launch. 
  • The creators who will mint their Bitcoin-based NFTs through the new launchpad within the next week include Genopets, Lazy Lions, Humanoids, and rapper Lil Durk. 

  • Ordinals are digital assets permanently attached to a satoshi, or 1/100,000,000 of a full Bitcoin (BTC).
  • Last month, Magic Eden also launched a new fully audited NFT marketplace to allow NFT traders to buy and sell their Bitcoin-based Ordinals NFTs. 
  • At the time, the platform revealed its plans to integrate features that would simplify the minting and inscription process for creators into the platform.

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