I recently found on Twitter that Magic Eden is “cheeky” to OpenSea, and that OpenSea, a predominantly Ethereum-based marketplace, tweeted about the Solana project and then ridiculed them on Twitter. Magic Eden seems to want them to be Solana’s leaders and not want to pass the title to OpenSea.
Twitter drama
In the past, social media managers at large corporations have taken an interesting stance on content strategy, from Ryanair to Duolingo, to name just a few. Now that Magic Eden has ridiculed its new rival OpenSea on the Twitter platform, it’s next.
The original OpenSea tweet simply said “Sorana Project Thread”, followed by many of the Solana projects they liked. Next, Magic Eden Answered savage: “SOlAnApRojEcTtHrEaD. This is what happens
“When not DYOR” with an apparently ironic tone. The tweets in this answer have received 3,032 likes at the time of writing, and the original OpenSea tweets are only 2,217, so we are “rating” the original OpenSea tweets.
This ironic reaction reveals that Magic Eden still feels they are the leaders in the Solana space. This is despite the fact that OpenSea, the largest NFT marketplace, has just set foot on the blockchain.
Magic Eden is a brand established in the Solana space, while OpenSea is a brand established in the Ethereum space. Should they stay in their lane? That is the problem.
Steps to Solana in OpenSea
We recently stepped into the Solana ecosystem after OpenSea actually worked within an Ethereum (and Polygon) -based NFT. Solana is certainly one of the biggest competitors in the Ethereum blockchain.
OpenSea is currently in beta at Solana, and users can buy and sell Solana NFTs on the beta marketplace.
The move to Solana alongside Ethereum makes sense for OpenSea. Not only does it expand their audience, it also allows them to support eco-friendly blockchains. In addition, users can quickly buy and sell certain NFTs at lower gas rates. However, Magic Eden is still the clear leader of Solana.
In the past few weeks, sales of Solana have increased significantly due to the decline in Ethereum. Solana is always present and Magic Eden and Solanart are the main markets. However, Ethereum fans often despise the Solana blockchain and call it the worse blockchain.
About Magic Eden
MagicEden is the Solana NFT Marketplace and is the market leader in this area. This allows users to create, buy and sell NFTs on the Solana blockchain.
They have a general market and also have a minting lunch pad built into the platform. Here, a particular project selected by the company can create an NFT if Magic Eden feels good enough.
Sadly, through this minting lunch pad, Balloonsville turned out to be a rug pull.. Magic Eden has been heavily criticized for what you need to get into it. In the case of Balloonsville, they were clearly not asked for an ID.
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All investment / financial opinions expressed by NFTevening.com Not a recommendation.
This article is a teaching material.
As always, do your own research before making any kind of investment.
