SOMETHING'S BREWING: Magic Eden And Yuga Labs Are Inviting Users To Get Notified Of Their New Eth Marketplace

In anticipation of Magic Eden and Yuga Labs’ new Ethereum-based and royalty-enforced marketplace, the company has recently added an Ethereum logo to its website and is allowing users to sign up for notifications to know when the platform goes live!

Something is brewing in the Yugaverse after Magic Eden and Yuga Labs invited the world to sign up to be notified when their upcoming Ethereum-based marketplace opens for bored business!

At the time of this article’s publication, there is no new information on the marketplace or when it will go live. But we do know that both Magic Eden and Yuga Labs are excited to be protecting creator royalties together.

 

“Standing On The Right Side of History,” Magic Eden Co-Founder Jack Lu tweeted last month. “Great partnerships are built on shared vision & values. Having spent months with the @yugalabs team, it is clear that we see eye to eye on so many issues in Web3: the importance of Creators, communities & our roles as leaders to grow the ecosystem responsibly.”

 

 

As the Bored Ape Gazette previously reported, Yuga Labs Co-Founder Garga first announced that Yuga Labs was collaborating with Magic Eden on an Ethereum marketplace at ApeFest 2023, following Opensea’s decision to make all Creator Royalties optional by February 29th, 2024.

"It sucks that a lot of marketplaces have turned their backs on the creators that helped build the platforms over the past two years,” Garga said to the club. “And one of the most frustrating parts of that is the flipflopping. There’s a whole sea of marketplaces that want to support creators and then not the next. So it goes us thinking what would it be like if we could get one of these marketplaces to legally, contractually, and bindingly support creators in perpetuity. And that’s why im pretty stoked to have our sponsor magic Eden here. They put their money where their mouth is and we are going to be opening up a marketplace with magic Eden before the end of the year.”

 

The Bored Ape Gazette will keep you posted on Yuga Labs X Magic Edens’ Eth marketplace and will let you know when you can start trading there. Stay tuned for updates!