1. Separate Domains Tailored to Region’s Specific Needs
2. Community's Reaction to Domain Segregation
3. The Launch of ME Token to Boost Ecosystem Growth

Magic Eden, a prominent marketplace for non-fungible tokens (NFTs), has recently made headlines with its decision to serve American and global users separately. This tactical decision aligns with the platform’s aims to meet regulatory demands, particularly in the US market.

Separate Domains Tailored to Region’s Specific Needs

In an X post, Magic Eden announced that US users will now access Magic Eden through magiceden.us, while international users will use magiceden.io starting this month. These domains will offer the same core services while focusing more on meeting each region’s specific needs. Magic Eden revealed that this development is poised to enhance user experience, ensure regulatory compliance, and refine market strategies in the ever-evolving NFT landscape. The community-centric NFT marketplace, which launched its first mobile wallet in August, disclosed its recent partnership with D3 Global to apply for the .magic domain.

Community's Reaction to Domain Segregation

Upon the domain segregation news, the crypto community voiced their discontent on X about the change in domains and division. Some users felt excluded by the perceived restrictions on service access. The complaints centered around the specific features of the NFT marketplace, notably the absence of airdrops for US residents. One user even mentioned that Magic Eden was on the verge of “restricting everyone” in the US from utilizing its service and earning money. However, the increasing regulatory scrutiny within the US might be a reason behind this decision. Nevertheless, a community member urged Magic Eden to be transparent and honest regarding potential regulatory issues.

The Launch of ME Token to Boost Ecosystem Growth

Magic Eden Foundation has been consistently expanding its services in the Web3 world. The NFT platform recently introduced the native token ME despite the recent market slowdown. The platform revealed that this token plays a crucial role in the platform’s decentralized ecosystem. It will support cross-chain trading, propel NFT platform growth, and decentralized apps (dApps) integration for Web3 users. Above all, the ME token will have a key role in governance within the Magic Eden decentralized autonomous organization (DAO) protocols. Additionally, it will contribute to the new Runes platform, giving the community more say in the platform’s future.

The split domains and the launch of the ME token illustrate Magic Eden's effort to adapt to market demands and enhance its capabilities, meeting the needs of its growing user base worldwide.