I just found out that MagicEden is completely changing its strategy. They will stop supporting NFTs from Ethereum and Bitcoin (Runes and Ordinals) starting in March and April. At first, I thought it was strange, but Jack Lu explained that those markets weren't generating enough revenue and were consuming too many resources.



The interesting move is that now they will focus on their prediction platform, Dicey. It seems they saw that the traditional NFT business wasn't enough to sustain everything. They keep NFTPack because it's more profitable, but clearly they are betting heavily on the prediction market. I don't know if it's the best decision, but it makes some sense if those prediction markets are really generating more income.

Anyway, another pivot in the crypto ecosystem. Is anyone else using Dicey or is it still very new?
ETH-0,08%
BTC-0,15%
ORDI-3,63%
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