- $1M fund to nurture Polygon NFT creators.
- Support for innovative NFT initiatives.
- Collaboration boosts Polygon’s creative ecosystem.
In a joint effort with Polygon, leading NFT marketplace Magic Eden has revealed the launch of an exclusive $1 million creator fund. This initiative aims to empower and foster the upcoming generation of NFT creators within the Polygon blockchain environment.
We’re excited to announce the launch of our $1,000,000 Creator Fund #onPolygon 💜
This program will help the next generation of creators build in the ecosystem as they work alongside our team of industry veterans and advisors.
Click the link below to apply 👇 pic.twitter.com/wu0sFOtFIv
— Magic Eden on Polygon 💜 (@MEonPolygon) August 17, 2023
The official announcement of this partnership took place on August 17, signifying a noteworthy milestone in the development of the NFT sector within the Polygon network. The fund’s core purpose is to offer financial backing and advisory support to the most promising NFT ventures within the ecosystem. The overarching goal is to equip creators and teams with the necessary resources to transform their imaginative and pioneering concepts into reality.
Currently, the program is open for submissions, inviting creators to furnish comprehensive details about their projects. This includes their project’s vision, team composition, and initial community engagement endeavors. The selection criteria underscore the significance of distinctiveness, scalability, and the potential to challenge the established norms in the dynamic NFT landscape.
Magic Eden’s strategic partnership extends a platform for aspiring creators to amplify their project’s vision, garner exposure, and establish a substantial foothold within the ever-expanding Polygon ecosystem. Successful candidates will gain access to Magic Eden’s Launchpad resources, the support network within the Polygon ecosystem, and the collaborative power of the Web3 community.
Despite its origins on the Solana blockchain, Magic Eden’s well-judged pivot to integrate with the Polygon ecosystem has proven highly advantageous. The marketplace has achieved noteworthy progress, encompassing support for Polygon NFTs. It has also introduced innovative tools tailored to the creation and trade of Polygon NFTs, particularly within the realm of gaming.
This initiative underscores Magic Eden’s belief in Polygon’s potential as a central hub for creators. By injecting both capital and expertise, Magic Eden and Polygon aim to elevate the caliber of projects emerging from the Polygon ecosystem.