Just noticed MagicEden wrapped up their Ethereum and Bitcoin NFT operations a few weeks back. Honestly wasn't expecting them to move this fast - they shut down the EVM market, Bitcoin Runes and Ordinals support, and killed the wallet services pretty much all within a month window. CEO Jack Lu basically said they're redirecting everything toward their prediction market Dicey now. Pretty wild pivot from NFTs to betting on outcomes, right? They're ditching the buyback program too and keeping NFTPack as their main NFT product, but clearly the real focus is shifting to this prediction market thing. Makes sense from a business angle I guess - probably more sustainable margins than competing in the crowded NFT space. Curious if other platforms will follow the same playbook or if MagicEden's just testing the waters. Either way, the focus on prediction markets over traditional NFTs is definitely a trend worth watching in this space.

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