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MAGIC EDEN VENTURES INVESTS IN 11 WEB3 GAME STUDIOS
--------------------------------------------------------------------------------
News provided by
Magic Eden
Feb 23, 2023, 12:00 ET
SHARE THIS ARTICLE
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Venture partners receive access to ecosystem support, partner networks, and
Launchpad capabilities, all supported by Magic Eden
SAN FRANCISCO, Feb. 23, 2023 /PRNewswire/ -- Magic Eden ("The Company"), the
leading cross-chain NFT platform, today announced that its venture arm – Magic
Eden Ventures – has invested in 11 web3 gaming studios. The announcement
highlights Magic Eden's continued commitment to pushing the web3 gaming industry
forward, having recently hired its Chief Gaming Officer, Chris Akhavan, and
expanded onto the Polygon blockchain. Partners backed include MatchDay,
Blockstars, Epic League, Intella X and more.
Continue Reading
Since Magic Eden Ventures launched in July 2022, Magic Eden's dedicated gaming
team has been working closely with innovative game studios with long-term vision
in web3 gaming. The eleven studios range from web3 native developers to studios
from traditional gaming backgrounds. To learn more about these game studios,
please visit our blog here. By forming partnerships with game studios, Magic
Eden helps games launch NFT projects, acquire and engage users for their games,
and support gaming infrastructure via in-game marketplaces. Magic Eden's full
suite of creator products and services can enable games' monetization and
engagement across the web3 ecosystem.
Magic Eden helps introduce games to the world of web3. Magic Eden has helped
create visibility for games through its Launchpad product, which has championed
success for over 60 games' mint launches across Solana, Ethereum, and Polygon.
With 1.5M daily user sessions and average user sessions of 15 minutes, Magic
Eden offers unparalleled exposure to gaming partners. Given its on-platform
engagement, Magic Eden has also begun working with games post-mint to pilot
rewards tokens on its Rewards Hub that will allow game developers to engage with
new and existing users. Beyond supporting games' monetization and engagement,
Magic Eden also supports games' infrastructure. When games become playable, game
developers can power their own in-game marketplaces using Magic Eden's APIs,
enabling users to transact on digital collectibles without leaving the ecosystem
of the game.
Chris Akhavan, Chief Gaming Officer at Magic Eden, commented: "We're still at
the beginning of what blockchain gaming will become. Experienced game studios
building web3 enabled games are pioneering something special – fun games with
digital asset ownership and powerful economies that enable communities and
creators to deepen their connection with the games they love. It's a powerful
combination. We look forward to continuing our support of emerging game studios,
and helping them achieve long-term success."
About Magic Eden
Magic Eden is the leading cross-chain NFT platform driving the next billion
users to Web3. Led by former crypto, tech, and hospitality leaders, Magic Eden
is building a user-friendly platform powered by market-leading minting and
trading solutions. Magic Eden brings dynamic cultural moments onto the
blockchain, empowering users across thousands of digital communities to create,
discover and collect unique NFTs. For more information, please
visit www.magiceden.io.
Media Contact
Dillon Arace
press@magiceden.io
SOURCE Magic Eden
×
MODAL TITLE
ALSO FROM THIS SOURCE
MAGIC EDEN ANNOUNCES 'MINT MADNESS', OVER A DOZEN PROJECTS PARTNERING ON FREE
MINTS THIS MONTH
--------------------------------------------------------------------------------
MAGIC EDEN DEBUTS POLYGON NFT LAUNCHPAD AND MARKETPLACE WITH GAMING PROJECTS
EXPLORE
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