Magic Eden looks to challenge OpenSea’s NFT dominance

Few startups in the crypto world boast the market dominance that OpenSea currently enjoys, but numerous venture-backed startups are looking to chip away at their lead. Welcome back to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For […]

Polygon on Seaport

In June, we introduced Seaport — a brand new, open-source, web3 marketplace protocol for safely and efficiently buying and selling NFTs. Launched first on Ethereum, Seaport has helped create a better, more feature-rich experience for our community, while lowering the cost to use web3 marketplaces, like OpenSea.  After several months of observing Seaport’s impact and […]

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Star-studded digital avatar startup Genies launches NFT fashion marketplace

Digital avatar startup Genies, known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.” Genies last earned a $1 billion valuation from heavy-hitting tech investors including Silver Lake and Mary Meeker’s Bond Capital during its most recent raise, a $150 million […]

Meta now lets you post your NFTs on both Facebook and Instagram

Meta announced today that it will now let users post their NFTs across both Instagram and Facebook. Users can connect their wallets like Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet to post digital collectibles minted on Ethereum, Polygon, and Flow. “As we continue rolling out digital collectibles on Facebook and Instagram, we’ve started […]

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