NFT Marketplace Magic Eden Streamlines Operations to Focus on Solana and Dicey Gambling

CEO Jack Lu announced on X that Magic Eden will streamline its marketplace to focus exclusively on Packs and Solana while doubling down on Dicey, its crypto casino and sportsbetting project. The company plans to wind down support for its EVM and Bitcoin marketplaces on March 9, followed by the Bitcoin API on March 27 and the Magic Eden Wallet on April 1. This shift comes as Dicey’s closed beta reached approximately 200 users and over $15 million in total wagers within two months.

The transition involves phasing out non-fungible token ( NFT) buybacks to prioritize ecosystem design and future yield initiatives for the ME token (ME). As the product suite evolves, the ME token is intended to remain a central utility for user engagement across both Magic Eden and the Dicey platform. “We are now 2 months into Dicey’s closed beta and are incredibly bullish on how things have developed,” Lu stated regarding the project’s growth.

🧭 FAQs

• Which Bitcoin services is Magic Eden currently winding down? Support for Bitcoin Ordinals and Runes marketplaces will officially end on March 9.

• What is the focus of the new Dicey platform? Dicey operates as a crypto casino and sportsbetting platform within the gambling sector.

• When will the Magic Eden Wallet be discontinued? The company plans to sunset support for its native wallet on April 1.

• Will the ME token still be used? ME remains the central ecosystem token for both the marketplace and Dicey services.