MagicEden CEO says they will stop supporting Ethereum and Bitcoin NFT markets and shift towards prediction markets

ZkProver · 2026-03-02T06:44:22+00:00

Solana ecosystem's NFT marketplace MagicEden will cease support for Ethereum Virtual Machine and Bitcoin Runes and Ordinals markets starting March 9. CEO Jack Lu stated that the NFT buyback program will be terminated to focus resources on the more profitable NFTPack products and crypto entertainment business.

ZkProver

2026-03-02 06:44:22

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ChainCatcher News: Solana ecosystem NFT marketplace MagicEden will gradually cease support for Ethereum Virtual Machine (EVM) and Bitcoin Runes and Ordinals markets. CEO and co-founder Jack Lu stated that these markets will stop operating starting March 9, Bitcoin API will be shut down on March 27, and crypto wallet services will end on April 1.

Jack Lu said the company will terminate its NFT buyback program and redirect resources to its prediction market Dicey. He mentioned that most of the platform’s costs are concentrated on products that generate less revenue, and moving forward, they will focus on the more profitable NFTPack product and prioritize the development of their crypto entertainment business.

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