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Magic Eden to Support Upcoming Bitcoin Runes Token Standard
According to PANews, cross-chain NFT marketplace Magic Eden plans to support the upcoming Bitcoin Runes token standard. Runes is a fungible token standard created by Casey Rodarmor, the founder of Bitcoin NFT protocol Ordinals. It is expected to launch on the Bitcoin mainnet after the Bitcoin halving.
The integration of the Runes token standard into Magic Eden's platform will allow users to trade and interact with Bitcoin-based NFTs, expanding the marketplace's offerings and providing more options for users. This move highlights the growing interest in NFTs within the Bitcoin ecosystem and the potential for further development and adoption of NFT technology on the Bitcoin network.
The integration of the Runes token standard into Magic Eden's platform will allow users to trade and interact with Bitcoin-based NFTs, expanding the marketplace's offerings and providing more options for users. This move highlights the growing interest in NFTs within the Bitcoin ecosystem and the potential for further development and adoption of NFT technology on the Bitcoin network.
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