Who Owns Magic Eden? When Did It Appear?
Posted: Sat Apr 05, 2025 6:52 am
First, if we answer the question of who owns Magic Eden, we can start by saying that the platform was founded by four entrepreneurs who discovered the potential of the NFT world. Jack Lu, Sidney Zhang, Zhuoxun Yin and Zhuojie Zhou built the Magic Eden project with their knowledge of cryptocurrency and blockchain technology. In other words, the team that founded Magic Eden has very strong experience in the cryptocurrency field. For example, Jack Lu, who is on the team, entered the cryptocurrency sector in 2013 and worked as a product manager at Google before founding Magic Eden. Sidney Zang has been in the cryptocurrency sector since 2013 and has played an important role in the development of the Bitcoin Developer API.
The platform that emerged as a result of the work of this team was launched in 2021. Magic Eden, which first started operating on the Solana blockchain, quickly gained popularity with its buy bulk sms service many advantages. Then, with the ME coin, which was launched with a large airdrop event on December 10, 2024, the platform showed its potential to become a large ecosystem.
What is ME Coin?
ME coin or Magic Eden coin is the native cryptocurrency of the platform . For questions such as when did the Magic Eden coin come out , we can point to December 10, 2024. The Magic Eden airdrop event, which we previously reported on December 10, 2024, was also held for the launch of the platform's currency, ME coin. This cryptocurrency offers advantages such as participation in the platform's management mechanism, discounts on transaction fees, staking rewards and access to special events. ME coin, which runs on the Solana blockchain, is also known as the Magic Eden token since it does not have its own blockchain .
Magic Eden Coin Features
Standing out as a versatile blockchain platform, Magic Eden offers its users a space where they can trade NFTs quickly and securely. Through this platform, NFTs on various blockchains such as Solana, Ethereum, Bitcoin and Polygon can be purchased, sold or NFTs can be created. We can summarize the features of ME coin as follows:
The platform that emerged as a result of the work of this team was launched in 2021. Magic Eden, which first started operating on the Solana blockchain, quickly gained popularity with its buy bulk sms service many advantages. Then, with the ME coin, which was launched with a large airdrop event on December 10, 2024, the platform showed its potential to become a large ecosystem.
What is ME Coin?
ME coin or Magic Eden coin is the native cryptocurrency of the platform . For questions such as when did the Magic Eden coin come out , we can point to December 10, 2024. The Magic Eden airdrop event, which we previously reported on December 10, 2024, was also held for the launch of the platform's currency, ME coin. This cryptocurrency offers advantages such as participation in the platform's management mechanism, discounts on transaction fees, staking rewards and access to special events. ME coin, which runs on the Solana blockchain, is also known as the Magic Eden token since it does not have its own blockchain .
Magic Eden Coin Features
Standing out as a versatile blockchain platform, Magic Eden offers its users a space where they can trade NFTs quickly and securely. Through this platform, NFTs on various blockchains such as Solana, Ethereum, Bitcoin and Polygon can be purchased, sold or NFTs can be created. We can summarize the features of ME coin as follows: