Magic Eden, a non-fungible token (NFT) marketplace, has launched a Bitcoin-based NFT marketplace that is fully audited and integrated with the Bitcoin wallets Hiro and Xverse. The marketplace will allow traders to purchase inscriptions, or non-fungible tokens minted on satoshis within the Bitcoin network. Magic Eden has teamed up with popular Ordinal collections Taproot Wizards, Inscribed Pepes, and Bitcoin Bandits to onboard its users to Bitcoin-based NFTs.
The marketplace will provide information about NFTs, including Ordinal rarity and inscription numbers. The company aims to onboard more users to trade NFTs on the Bitcoin network and expand across multiple blockchain ecosystems.