{"id":53299,"date":"2023-06-28T06:05:09","date_gmt":"2023-06-28T10:05:09","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=53299"},"modified":"2023-06-28T06:13:17","modified_gmt":"2023-06-28T10:13:17","slug":"magic-eden-announces-brc-20-integration","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/magic-eden-announces-brc-20-integration\/","title":{"rendered":"Magic Eden Announces BRC-20 Integration"},"content":{"rendered":"\n

The NFT marketplace Magic Eden<\/a> has announced its plan to integrate Bitcoin BRC-20 tokens into its platform. <\/p>\n\n\n\n

\"Magic
Magic Eden Announces BRC-20 Integration<\/figcaption><\/figure>\n\n\n\n

This integration aims to diversify the marketplace and provide more options for users. The integration will allow users to acquire BRC-20 projects directly and will be live on June 27 at 8:00 p.m. ET. Creators will also have the ability to create their own BRC-20 drops for minting within the platform.<\/p>\n\n\n\n

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And here… we… GO! \ud83e\ude84\ud83d\udfe7\ud83d\udfe7\ud83d\udfe7\ud83d\udca5\ud83d\udca5

BRC-20 will be coming to Magic Eden's platform today.
Notifications ON for go live details.\ud83d\udd14 pic.twitter.com\/qZMOxotYfI\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/p>— Magic Eden on Bitcoin \ud83d\udfe7 (@MEonBTC) June 27, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

BRC-20 tokens are a recent Bitcoin ecosystem development introduced by the developer Domo in March 2023. These tokens enable the creation and transfer of fungible tokens on the Bitcoin blockchain, similar to ERC-20 tokens<\/a> on the Ethereum blockchain. <\/p>\n\n\n\n

By including BRC-20 tokens, the NFT marketplace aims to improve the token's accessibility and usability. Integrating BRC-20 tokens into Magic Eden is a significant step in consolidating the connection between Bitcoin ordinals and BRC-20. <\/p>\n\n\n\n

Magic Eden aims to create a comprehensive NFT platform for the Bitcoin ecosystem by incorporating BRC-20 functionality. The NFT marketplace is joining the crypto space by supporting BRC-20 tokens, but there are others to do so. <\/p>\n\n\n\n

ORDI listed on various crypto exchanges like Crypto.com and Gate.io<\/use><\/svg><\/span><\/a> last month. Yin, representing Magic Eden, believes this move will set their platform apart. <\/p>\n\n\n\n

They aim to cater to both fans of JPEGs and meme coins built on Bitcoin. Yin expressed that they noticed a need for a more user-friendly experience when it came to Bitcoin Ordinals and BRC-20 gaining popularity earlier this year.<\/p>\n\n\n\n

These two technologies lacked smooth integration and needed further integration. By introducing BRC-20 on their platform, they aim to merge these two aspects seamlessly.<\/p>\n","protected":false},"excerpt":{"rendered":"

The NFT marketplace Magic Eden has announced its plan to integrate Bitcoin BRC-20 tokens into its platform. This integration aims to diversify the marketplace and provide more options for users. The integration will allow users to acquire BRC-20 projects directly and will be live on June 27 at 8:00 p.m. ET. Creators will also have […]<\/p>\n","protected":false},"author":43,"featured_media":53301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[15039,11069],"class_list":["post-53299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-brc-20-integration","tag-magic-eden-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/06\/croc_1687946057639.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/53299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=53299"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/53299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/53301"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=53299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=53299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=53299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}