Magic Eden Launches New VIP Feature Letting Users Trade High-Value NFTs

Magic Eden, the cross-chain digital market platform for non-fungible tokens, continues pursuing its imaginative and prescient to grow to be the main market within the nascent NFT sector. In its newest transfer, the NFT market platform has launched a brand new characteristic that permits customers to commerce high-value NFTs.

Magic Eden Launches New NFT VIP Characteristic

In an October 03 weblog put up, Magic Eden confirmed launching a brand new non-fungible token characteristic, “VIP,” on its dashboard. The unique program helps crypto traders and NFT collectors purchase and promote high-value digital collectibles below one half.

Introducing Magic Eden VIP: an unique program that can assist you purchase and promote high-value digital collectibles 💎

What’s VIP and the way does it work?

VIP is an invitation solely, white glove service for prime collectors on the lookout for a personalised, cross-chain digital collectible procuring… pic.twitter.com/yYqsUxv3uG

— Magic Eden 🪄 (@MagicEden) October 3, 2023

Launched in 2021, Magic Eden is a decentralized market for peer-to-peer buying and selling of non-fungible tokens. The buying and selling platform permits customers to mint, record, and commerce NFTs. The NFT market was initially developed for the Solana blockchain, nevertheless it has since expanded its providing to incorporate help for Ethereum, Polygon, and Bitcoin.

Since its inception, the NFT market has grown quickly, elevating $130 million in Collection B funding in July 2022 with a valuation of $1.6 billion. Magic Eden additionally operates Magic Eden Video games, a platform that helps NFT video games with options resembling trailers and event internet hosting.

How Does The New VIP Characteristic Works?

Magic Eden VIP is an invite-only program and white glove service for top collectors looking for a personalised, cross-chain digital collectible procuring expertise. The NFT program will characteristic three choices, together with “Appraisal,” which is able to assist customers decide the true worth of their collectible targets.

The NFT characteristic may also characteristic “Procurement,” an providing enabling customers to acquire high-value digital collectibles whereas saving their time and trouble in curating their NFT assortment. Lastly, the VIP program will characteristic “Discovery,” permitting customers to find upcoming NFT artists and procure their favourite drops.

Within the meantime, NFT collectors and customers are required to submit their purposes and wait for his or her consideration in three to 5 enterprise days. Upon approval, individuals will fill out a fast survey to permit the market platform to tailor their expertise to their distinctive wants.

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