Magic eden - Solana NFT Marketplace Magic Eden Raises Paradigm
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However, Shaun Maguire, a partner at Sequoia Capital, says is less efficient due to its reliance on the Ethereum blockchain.
The wider market reached in 2021, with the vast majority of that coming from Ethereum.
It also tried to put some distance itself and OpenSea by establishing MagicDAO, a DAO to accelerate platform evolution, reward supporters, and ultimately grow the project.
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