The Decentralization Debate in NFT Markets Sparked by Magic Eden's Custody Controversy

Source: Odaily (ID: o-daily) Author: Andrew Hayward In the Solana NFT space, there's no bigger player than Magic Eden. The marketplace launched last fall and typically accounts for 90% or more of all trading volume on Solana. In its latest venture funding round in June this year, it reached a valuation of $1.6 billion.