Magic Eden integrates Solana’s compressed NFTs into marketplace By Cointelegraph
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Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles.
CNFTs differ from the usual NFTs because their data is compressed and stored off-chain. Because of this, production in larger quantities is more feasible as they require lesser fees to mint.
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Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles.
CNFTs differ from the usual NFTs because their data is compressed and stored off-chain. Because of this, production in larger quantities is more feasible as they require lesser fees to mint.
Continue Reading on Coin Telegraph
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