Diversifying Chains and Enhancing User Experience in a Multi-chain Wallet

23min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The chapter explores the strategy of expanding onto various blockchain chains, with a focus on EVM and non-EVM chains to address liquidity fragmentation. It highlights the development of a multi-chain wallet facilitating seamless asset swapping, NFT use cases, and user onboarding experiences. The discussion emphasizes the importance of technical understanding driving user experience and the evolving landscape of NFT marketplaces with a trading-oriented focus.

In this episode, Zhuoxun Yin, COO of Magic Eden, joins to discuss the evolving NFT landscape and their journey across multiple blockchains. He shares insights into the challenges of building NFT marketplaces on different chains, Magic Eden's multi-chain expansion strategy, and their new cross-chain wallet. Zhuoxun also offers his perspective on NFT market cycles, emerging trends like NFTfi, and Magic Eden's mission to make NFTs accessible to users of all levels. Thanks for tuning in!

- -

Follow Zed: https://x.com/@ZhuoxunYin

Follow Dan: https://x.com/smyyguy

Follow Boccaccio: https://twitter.com/tripleboccaccio

Follow Blockworks Research: https://twitter.com/blockworksres

Subscribe on YouTube: https://bit.ly/3foDS38

Subscribe on Apple: https://apple.co/3SNhUEt

Subscribe on Spotify: https://spoti.fi/3NlP1hA

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

- -

Wormhole is a decentralized interoperability platform powering multi-chain applications and bridges. It provides developers with access to liquidity and users on over 30 leading blockchain networks, enabling use cases in DeFi, data queries, and governance. The platform is trusted by teams like Uniswap and Circle and, to date, the platform has facilitated the transfer of over 35 billion dollars through over 850 million cross-chain messages.

Claim your unique Wormhole NFT at

https://forms.clickup.com/45049775/f/1aytxf-16571/7XLRRC4YQAMEFKRLDX

- -

Pear is an innovative pair-trading exchange built on top of SYMMIO. Users can trade trending narratives with one click, from bluechip narratives such as long BTC, short ETH, right through to WIF vs BONK. SYMMIO’s intent-centric architecture enables deep liquidity, sourced off-chain and brought on-chain, and combined with Pear, have democratized access to complex trading strategies typically reserved for institutional traders.

Start trading today at: https://www.pear.garden/

- -

Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions.

Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

Start building today at https://www.avax.network/

- -

Timestamps:

(0:00) Introduction

(3:25) Bitcoin NFT Ecosystem Focus

(19:22) Wormhole Ad

(20:00) Pear Ad

(20:25) Avalanche Ad

(21:07) Magic Eden's Moat

(32:03) Magic Eden Wallet Positioning

(43:34) Trading UX & UI

(51:27) Future of NFTs & Magic Eden

- -

Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place

Blockworks Research: https://www.blockworksresearch.com/

Free Daily Newsletter: https://blockworks.co/newsletter

- -

Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.