According to Techub News, according to Cointelegraph, the Magic Eden Foundation announced that it will soon launch the ME token and a mobile app. The combination of the two allows users to conduct on-chain transactions at any time.
The ME token will be used as the underlying asset for cross-chain transactions of digital assets, and also as the governance token of the ME decentralized autonomous organization.
Magic Eden’s first mobile app allows users to trade NFTs and exchange cryptocurrencies such as Bitcoin, Ethereum, and SOL. The platform will also support tokens issued by the ME Foundation.
In addition, Magic Eden’s DApps will support the exchange of digital assets across five blockchain networks: Bitcoin, Ethereum, Solana, Polygon, and Base.
