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Magic Eden CEO talks NFTs, multi-chain expansion and market volatility (w/ Jack Lu)
Manage episode 367419338 series 3352318
Content provided by TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, and Jacquelyn Melinek. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, and Jacquelyn Melinek or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Chain Reaction.
A podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the biggest names in the industry to break things down block by block for the crypto curious.
For this week’s episode, Jacquelyn interviewed Jack Lu, co-founder and CEO of NFT marketplace Magic Eden. This is his second time on Chain Reaction, but the market has evolved a lot since the last time he came on in August 2022, so we’re excited to have him back!
Before co-founding Magic Eden in 2021, Lu worked as a product manager at Google and a consultant for Boston Consulting Group.
Magic Eden originally began as a Solana-based NFT trading platform, but has expanded its support to other blockchain networks like Polygon, Ethereum and Bitcoin. Today, it has grown into one of the largest NFT marketplaces with over 8,000 collections, about $3 billion in NFT transactions and 22 million unique monthly visitors. In June 2022, Magic Eden raised $130 million in a Series B round that granted it unicorn status.
We discussed why Magic Eden expanded its support to other blockchains, adding BRC-20 token support to its secondary platform and how the company plans on staying competitive in the constantly changing market.
We also talked about:
- NFT market volatility
- Royalty fees
- Web3 gaming expansion
- Advice for NFT community
Need to catch up before you listen? Read these for a quick overview:
- August 2022 episode: Magic Eden threatens OpenSea’s NFT dominance (w/ Jack Lu)
- Magic Eden raises $130M, hitting unicorn status at $1.6B valuation
- NFT marketplace Magic Eden integrates with Polygon to grow blockchain gaming
- Magic Eden exec sees NFT gaming like the ‘early days of mobile gaming’
- Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow
Chain Reaction comes out every other Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
113 episodes
Share
Manage episode 367419338 series 3352318
Content provided by TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, and Jacquelyn Melinek. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, and Jacquelyn Melinek or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to Chain Reaction.
A podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the biggest names in the industry to break things down block by block for the crypto curious.
For this week’s episode, Jacquelyn interviewed Jack Lu, co-founder and CEO of NFT marketplace Magic Eden. This is his second time on Chain Reaction, but the market has evolved a lot since the last time he came on in August 2022, so we’re excited to have him back!
Before co-founding Magic Eden in 2021, Lu worked as a product manager at Google and a consultant for Boston Consulting Group.
Magic Eden originally began as a Solana-based NFT trading platform, but has expanded its support to other blockchain networks like Polygon, Ethereum and Bitcoin. Today, it has grown into one of the largest NFT marketplaces with over 8,000 collections, about $3 billion in NFT transactions and 22 million unique monthly visitors. In June 2022, Magic Eden raised $130 million in a Series B round that granted it unicorn status.
We discussed why Magic Eden expanded its support to other blockchains, adding BRC-20 token support to its secondary platform and how the company plans on staying competitive in the constantly changing market.
We also talked about:
- NFT market volatility
- Royalty fees
- Web3 gaming expansion
- Advice for NFT community
Need to catch up before you listen? Read these for a quick overview:
- August 2022 episode: Magic Eden threatens OpenSea’s NFT dominance (w/ Jack Lu)
- Magic Eden raises $130M, hitting unicorn status at $1.6B valuation
- NFT marketplace Magic Eden integrates with Polygon to grow blockchain gaming
- Magic Eden exec sees NFT gaming like the ‘early days of mobile gaming’
- Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow
Chain Reaction comes out every other Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.
113 episodes
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Similar to Chain Reaction
Android Backstage, a podcast by and for Android developers. Hosted by developers from the Android engineering team, this show covers topics of interest to Android programmers, with in-depth discussions and interviews with engineers on the Android team at Google. Subscribe to Android Developers YouTube → https://goo.gle/AndroidDevs
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continue reading
BBC Radio 5 live’s award winning gaming podcast, discussing the world of video games and games culture.
…
continue reading
1
Defensive Security Podcast - Malware, Hacking, Cyber Security & Infosec
Jerry Bell and Andrew Kalat
Defensive Security is a weekly information security podcast which reviews recent high profile cyber security breaches, data breaches, malware infections and intrusions to identify lessons that we can learn and apply to the organizations we protect.
…
continue reading
Material is a weekly discussion about the Google and Android universe. Your intrepid hosts try to answer the question, “What holds up the digital world?” The answer, so far, is that it’s Google all the way down. Hosted by Andy Ihnatko and Florence Ion.
…
continue reading
Show notes are at https://stevelitchfield.com/sshow/chat.html
…
continue reading
Investor Shayle Kann is asking big questions about how to decarbonize the planet: How cheap can clean energy get? Will artificial intelligence speed up climate solutions? Where is the smart money going into climate technologies? Every week on Catalyst, Shayle explains the world of climate tech with prominent experts, investors, researchers, and executives. Produced by Latitude Media.
…
continue reading
Every Friday and Sunday, Slate’s popular daily news podcast What Next brings you TBD, a clear-eyed look into the future. From fake news to fake meat, algorithms to augmented reality, Lizzie O’Leary is your guide to the tech industry and the world it’s creating for us to live in.
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The American healthcare system is one of the most innovative in the world. But it’s also riddled with complex challenges, such as access to affordable medications, inefficiency and administrative burdens, and communication barriers between providers. There’s clearly a better way—and at Surescripts, we have a unique sightline into what that may be. In this series, host Melanie Marcus, Chief Marketing Officer of Surescripts, sits down with today’s most inspiring and innovative leaders in healt ...
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continue reading
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continue reading
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