Magic Eden
Software DevelopmentUnited States51-200 Employees
All chains. All assets. All communities. Content not intended for US and UK audiences. We are hiring!
Expansion into Broader Crypto Markets Magic Eden's strategic acquisition of Slingshot and integration with platforms like Spark signal a shift towards a comprehensive crypto trading ecosystem. This creates opportunities to offer complementary trading tools, custody solutions, or platform integrations tailored for users transitioning from NFT-specific markets to broader crypto assets.
Competitive Positioning Targeting major competitors such as OpenSea, Coinbase, and Binance, Magic Eden is positioning itself as a versatile, on-chain non-custodial marketplace and trading platform. This presents prospects for enterprise clients seeking decentralized solutions, API integrations, or enterprise-grade NFT and crypto trading services.
Diverse Revenue Streams Generating between $250M and $500M in revenue with a relatively lean team, Magic Eden demonstrates successful monetization of NFT and crypto trading activities. Potential sales opportunities include premium platform features, institutional onboarding, and advanced analytics tools for high-volume traders and partners.
Technology and Innovation Utilizing a cutting-edge tech stack with integrations like Ethers and PWA, Magic Eden is at the forefront of blockchain-enabled content and asset management. This technological edge can be leveraged to develop custom blockchain solutions, integration services, or enterprise-grade applications for partners aiming to adopt similar infrastructure.
Industry Collaborations Partnering with notable entities like Ubisoft and the Arbitrum Foundation indicates a focus on innovative NFT projects and blockchain deployments. Engagements with such organizations suggest potential for tailored enterprise solutions, co-branded development opportunities, or tailored content distribution platforms for large-scale entertainment or gaming brands.
Magic Eden uses 8 technology products and services including Open Graph, NetSuite, Angular, and more. Explore Magic Eden's tech stack below.
| Magic Eden Email Formats | Percentage |
| First.Last@magiceden.io | 80% |
| First@magiceden.io | 12% |
| FirstL@magiceden.io | 5% |
| Last@magiceden.io | 3% |
Software DevelopmentUnited States51-200 Employees
All chains. All assets. All communities. Content not intended for US and UK audiences. We are hiring!
Magic Eden has raised a total of $500K of funding over 5 rounds. Their latest funding round was raised on Jul 01, 2022 in the amount of $500K.
Magic Eden's revenue is estimated to be in the range of $250M$500M
Magic Eden has raised a total of $500K of funding over 5 rounds. Their latest funding round was raised on Jul 01, 2022 in the amount of $500K.
Magic Eden's revenue is estimated to be in the range of $250M$500M