Magic Eden Splits Its NFT Marketplace into Separate Domains for US and Global Users

Magic Eden, a prominent marketplace for non-fungible tokens (NFTs), has recently made headlines with its decision to launch to serve Americans

Magic Eden, a leading marketplace for non-fungible tokens (NFTs), has announced that it will be launching separate domains to serve US and global users. This move is part of the platform's strategy to meet regulatory demands, especially in the US market.

According to an X post by Magic Eden, starting this month, US users will be directed to access Magic Eden through magiceden.us, while international users will continue to use magiceden.io. Both domains will offer the same core services, but the platform will be able to cater more specifically to the needs of each region.

This development is the latest in a series of steps taken by Magic Eden to expand its services and presence in the NFT market. In May, the platform launched an open-source TypeScript library called “runestone-lib.” It also rolled out its first mobile wallet in August and recently announced a partnership with D3 Global to apply for the .magic domain.

The NFT platform noted that this collaboration will allow users to combine traditional internet services with Web3 applications. In the future, users will be able to set up a single .magic domain for their websites, email addresses, and digital wallets in Web3 services. This will provide a seamless experience in handling both traditional and decentralized assets, the platform added.

However, Magic Eden's move to segregate domains has also sparked some backlash from the crypto community on X. Several users expressed their dissatisfaction with the change in domains and the division it creates.

On the other hand, some users were feeling excluded by the perceived restrictions on service access. The complaints were centered around the specific features of the NFT marketplace, such as the absence of airdrops for US residents.

One user went as far as to say that Magic Eden was on the verge of “restricting everyone” in the US from utilizing its service and earning money. The NFT platform was also labeled a “centralized entity.”

The specific reasons behind Magic Eden's decision to launch separate domains are not explicitly stated in the available information. However, it can be speculated that the increasing regulatory scrutiny within the US may have played a role in this strategy.

Despite the potential regulatory challenges, one community member highlighted the importance of Magic Eden being transparent and honest about any difficulties encountered with regulators.

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