Magic Eden Revenue and Competitors

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Location

$159M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Magic Eden's estimated annual revenue is currently $13.3M per year.(i)
  • Magic Eden's estimated revenue per employee is $130,000
  • Magic Eden's total funding is $159M.
  • Magic Eden's current valuation is $1.6B. (June 2022)

Employee Data

  • Magic Eden has 102 Employees.(i)
  • Magic Eden grew their employee count by 3300% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$148.7M800296%$427.2M$13.3B
#2
$4.6M44N/AN/AN/A
#3
$1000M1310133%$1.8B$32B

Magic Eden is the #1 NFT marketplace on Solana. Our mission is to be the destination for discovering, trading, and creating NFTs. In its first two months since launch, Magic Eden has done ~$200M in trading volume to become the dominant NFT platform on Solana.

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$159M

Total Funding

102

Number of Employees

$13.3M

Revenue (est)

3300%

Employee Growth %

$1.6B

Valuation

N/A

Accelerator

Magic Eden News

2022-04-19 - Anime Superstar Terumi Nishii Brings ZERO x IREZUMI to ...

The partnership represents Magic Eden's first collaboration with a major Japanese anime artist, and marks Terumi Nishii's first NFT project. Two...

2022-04-06 - Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens and more

Magic Eden, the largest marketplace by volume for Solana NFTs, according to DappRadar, has confirmed it will accept the tokens from popular...

2022-03-30 - VCs scale their bets on Solana’s expanding NFT ecosystem

Meanwhile, Magic Eden's total volumes are a small fraction of OpenSea's — $41 million versus $2.5 billion over the past month, but Magic Eden's...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$14.3M10223%N/A
#2
$14.6M104108%N/A
#3
$15.2M105N/AN/A
#4
$16.3M10513%$190M
#5
$15.4M10610%N/A

Magic Eden Executives


NameTitle
Chris AkhavanChief Gaming Officer
Zhuoxun YinChief Operating Officer
Sidney ZhangChief Technology Officer
Belinda ChowChief Of Staff
Jack LuChief Executive Officer
Zhuojie ZhouChief Engineer