Magic Eden
1850 followers · 1 story
Building the biggest and most liquid NFT marketplace globally and home to the next generation of digital creators.
Critters Quest Solana game launches on mainnet
Magic Eden promoted the live mainnet launch of Critters Quest, the Solana NFT game. The mainnet is open for Build, Gather, Craft, Hunt, and Raid gameplay, with Masters playing first and Clones following in 24 hours.
Multi-chain wallet fully discontinued
Magic Eden's wallet service ended entirely on May 1, 2026, after an export-only phase, with users required to have moved their funds by that date.
Multi-chain wallet enters export-only mode
The Magic Eden Wallet and Account Wallets stopped being supported after April 1, 2026, removed from app stores and limited to exporting private keys/seed phrases.
Bitcoin and EVM NFT marketplaces fully closed
Magic Eden's Bitcoin and EVM NFT marketplaces shut down completely on March 9, 2026, along with related Bitcoin APIs/services being discontinued later that month.
Announces shutdown of Bitcoin and EVM marketplaces; pivots to Solana
CEO Jack Lu announced Magic Eden would close its Bitcoin Ordinals/Runes and EVM NFT marketplaces, sunset its multi-chain wallet, and refocus on Solana and 'crypto entertainment.'
Acquires multi-chain trading app Slingshot
Magic Eden acquired the mobile trading platform Slingshot (partly for equity and $ME) to expand beyond NFTs into broader token trading.
ME token generation event and genesis airdrop
Magic Eden's ecosystem token $ME launched via the ME Foundation on December 10, 2024, in a widely claimed airdrop worth over $700 million.
Launches multi-chain wallet
Magic Eden launched its self-custody multi-chain wallet supporting Solana, Bitcoin, Ethereum, and Polygon in a single interface.
Launches Bitcoin Ordinals marketplace
Magic Eden launched a marketplace for Bitcoin Ordinals (digital artifacts), expanding beyond Solana and finally capturing a large share of Ordinals trading volume.
Raises $130M Series B at $1.6B valuation (unicorn status)
Co-led by Electric Capital and Greylock, the round brought Magic Eden's valuation to $1.6 billion, making it a unicorn within its first year.
Raises $27M Series A led by Paradigm
Magic Eden announced a $27 million Series A round led by Paradigm with participation from Sequoia, Solana Ventures, Greylock, and others to expand its products.
Magic Eden launches as a Solana NFT marketplace
The marketplace launched on September 17, 2021, founded by Jack Lu, Sidney Zhang, Zhuoxun Yin and Zhuojie Zhou, and quickly became the leading Solana NFT trading platform.