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Magic Eden Launches $1M Creator Fund to Support NFT Founders on Polygon

August 18, 2023
in Metaverse
Reading Time: 3 mins read
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Printed: 18 August 2023, 8:17 am Up to date: 18 Aug 2023, 8:19 am

Magic Eden has launched a $1 million Creator Fund to help NFT tasks on Polygon. 

In keeping with the corporate, this system will present creators with the chance to collaborate with business consultants, supercharging their mission visions and firmly establishing their presence within the Polygon ecosystem.

The fund goals to find, elevate, and drive bluechip NFT tasks on Polygon to prominence out there. Magic Eden intends to provoke the following wave of NFT adoption by forging strategic alliances with business leaders, respiratory new life right into a panorama navigating the challenges of the continued bear market.

“The bear market has been tough for everybody,” mentioned Magic Eden. “That’s why we’re encouraging builders within the ecosystem to seek out and help the perfect and brightest mission founders who will spark the following wave of NFT adoption.”

In keeping with Magic Eden, each first-time and established mission founders are welcome to use.

The fund’s choice course of rigorously evaluates the creativity, imaginative and prescient, and dedication of every mission. From the individuality and viability of the concept to the workforce’s variety and capabilities, each side will bear cautious scrutiny – mentioned the corporate.

Chosen founders will profit from Magic Eden’s strong help framework, which encompasses unique entry to Launchpad sources, integration inside the Polygon ecosystem’s developer and help neighborhood, and utilization of the in depth Web3 community.

This curated help encompasses mentorship, advertising course, technical help, ecosystem networking, and grant funding to information founders in actualizing their tasks.

“We worth creativity, imaginative and prescient, and drive,” Magic Eden mentioned.

“We strongly advocate tasks take the initiative and preliminary steps to construct up a neighborhood and following–via Discord, Twitter, and so forth… We aren’t on the lookout for tasks with an enormous following, however we’re on the lookout for tasks who take the preliminary steps to market their tasks and join with different communities within the Polygon ecosystem.”

Moreover, the NFT platform made it clear that tasks which resort to using bots for inflating engagement or follower counts won’t be thought-about.

The fund is presently accepting functions. NFT creators on Polygon can submit their functions to participate within the fund via this hyperlink.

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Tags: creatorEdenFoundersFundlaunchesMagicNFTPolygonSupport
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