Cryptoknowmics
2022-02-19 12:00:14

Magic Eden Is On a Mission to Educate Individuals to Become Smart Traders

Magic Eden, a community-focused, market-leading NFT marketplace on Solana, is widely famous for its flawless product experience, minimal gas fees, and extremely high trading volume ($27 million). It ranks as the third amongst all NFT markets, with OpenSea leading at $100 million. Tiffany Huang, a former Marriott International Asia Pacific Brand Director, joined Magic Eden in early October to oversee marketing. The Budding Growth of NFTs According to Huang, one of the major challenges in carrying out the purpose of supporting the Web3 community is that NFTs are still in the nascent stage. Particularly when it comes to onboarding women into the crypto space. Huang mentioned that just last week, she spent over an hour with a young acquaintance, elucidating how to receive an NFT to her. Huang realized how difficult it is to navigate through the procedure alone. From obtaining a Phantom wallet and Twitter account to using an index such as HowRareIs to shop an NFT, and finally joining discord for verification. “I think the challenge to getting more people into space is that NFTs are really nascent. Men are in certain communities like gaming or in subcultures that enable them to get in faster and assimilate into the NFT culture. However, for women, it’s a taller order,” says Huang. Many people across the globe are interested in stepping into the crypto space but lack the necessary knowledge, resources, and expertise. This is because ...

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