Cross-chain NFT platform Magic Eden announced that it will make contributions to Non-Fungible DAO, a community organization dedicated to promoting the adoption and development of NFTs, in order to further support the industry's development. NFT tokens will be launched by the DAO in the future. Magic Eden will open source and contribute major protocols, including its cross-chain market protocol, to support the organization.

In addition, Magic Eden also announced the expansion of its cross-chain, self-hosted wallet. The wallet will be first released to a small number of users at the end of 2023, supporting instant cryptocurrency exchange between Bitcoin, Solana, Ethereum, and Polygon, and is designed to provide NFT collectors with a faster and smoother cross-chain collection and trading experience. This is the first digital wallet directly integrated with an NFT platform, and soon users will be able to earn rewards by using the Magic Eden wallet. The wallet and desktop browser extension are expected to be launched globally by the end of January.