In just a single year since launching, NFT marketplace Magic Eden has grown to dominate on Solana, with over 85% of the trading market share, and increasingly taking share from OpenSea on Ethereum as well. They started with digital collectibles, but very early on made a bet on gaming NFTs as their second major vertical. Now, they sport a $1.6 billion valuation in their latest funding round, and have recently announced that they will be making direct minority equity investments in gaming companies.

In this episode, your host Niko Vuori talks to Zhuoxun Yin, Co-founder & COO of Magic Eden and Tony Zhao, who leads gaming investments at Magic Eden about why Magic Eden is pushing so hard on gaming, where they see web3 gaming trends going and what the role of an NFT marketplace is as it relates to promoting and elevating games.

Magic Eden Games: https://magiceden.io/games

If you would like us to discuss any other blockchain gaming-related topics, do reach out at metacast@naavik.co. We’d love to hear your general thoughts and feedback too!

And as always, if you like the episode, you can help others find us by leaving a rating or review!

TLDListen?: Episode summary

Watch the episode: YouTube video

Join the discussion: Naavik Discord

Investing in Web3 Gaming with Magic Eden - Crypto Corner