Last week, we hit the 8 figure mark. 10,000,000 SOL in trading volume (next stop, 100M 🚀🌕). It is thanks to you, our community. Magic Eden gained dominant market share of the Solana NFT ecosystem when we were 2 months old back in November 2021. We attribute these achievements to the community’s belief in us and our relentless drive and insatiable hunger to create value with and for our community. Being a web3 company, we’ve grown alongside our community. At Magic Eden, these values are at the heart of our NFT marketplace. For this reason, we’re still smooth sailing today.
In case there was any mystery:
How did we get here? (source: Dune Analytics)
Web3’s ethos is deeply rooted in collaboration. And, if you ask any successful NFT project, community is the key to success. Our community aren’t passive recipients of Magic Eden. Your @MagicEden(s) have inspired many of our essential engineering ideas (we call it Twitter-Driven Development). Whether it's reading suggestions for improvements, dealing with complaints or purely receiving love, we strive to be in ongoing dialogue with our community.
From January to March 2021, Twitter data revealed that there have been over 375 million tweets about NFTs. Twitter is the go-to spot for NFT degens, enthusiasts, and on-lookers. We’re optimistic that with more people being onboarded onto Solana NFTs, the number would have grown tremendously. Amidst growing interest in NFTs, we want to connect and collaborate deeper with collectors and creators.
We’ve worked with our community to launch:
Ultimately, success comes from fostering community. And this is why in our 7 month lifetime, Magic Eden continues to capture the majority market share of Solana NFTs.
Here’s the strength of our community:
And, it extends to Eden Games:
🪄 What’s happening?
🪄 Congrats, this week's top performing collections on ME! (4/13-19)