Solana’s premiere market Magic Eden has launched a $1 million fund for creators constructing on the Polygon blockchain.
Customers could apply to win funding for his or her Polygon-based web3 challenge, and chosen events will achieve Magic Eden’s mentorship, advertising help, tech help and grant {dollars} to deliver their challenge to market, Magic Eden wrote in a press release. The objective is to assist bolster a blue-chip NFT presence on Polygon, a blockchain greatest recognized for web3 gaming.
“The bear market has been tough for everybody,” Magic Eden wrote. “That’s why we’re encouraging builders within the ecosystem to search out and help one of the best and brightest challenge founders who will spark the following wave of NFT adoption.”
Tasks are chosen primarily based on uniqueness, scalability and the flexibility to “problem the standing quote of the NFT panorama.”
Magic Eden’s Polygon presence
Although initially based on Solana, Magic Eden made main strikes throughout the final 12 months to construct extra of a presence on Polygon.
Magic Eden first added Polygon NFT help in November of 2022 earlier than including Polygon NFT minting and buying and selling capabilities for gaming a month later.
