Ep. 637 Meme Coins, NFTs and EVERYTHING Crypto with Magic Eden

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6 • 821 Ratings

🗓️ 20 January 2025

⏱️ 46 minutes

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Summary

In this episode of the Crypto 101 podcast, hosts Bryce Paul and Brendan engage with Zedd, co-founder of Magic Eden, discussing the evolution of the crypto market, the role of Magic Eden in the NFT and DeFi space, and insights into trading metrics and user behavior on the platform. Zedd shares his journey into the crypto world, the growth of Magic Eden, and the importance of adapting to the rapidly changing landscape of blockchain technology. In this conversation, Zedd, co-founder of Magic Eden, discusses the evolving landscape of NFTs, the significance of cross-chain swaps, and the recent launch of the Magic Eden token. He emphasizes the need for both high-value and high-volume NFTs to create a healthy market and shares insights on the future utility of NFTs beyond mere collectibles. Zedd also highlights the importance of community engagement and offers practical advice for crypto traders.

00:00 Introduction to Crypto Volatility and Trends

02:32 Zedd's Journey into Crypto and Magic Eden

09:09 Defining Magic Eden's Role in the Crypto Space

14:33 Trading Insights and User Experience on Magic Eden

20:12 User Activity and Trends on Magic Eden

22:15 The Rise of Cross-Chain Swaps

24:37 Balancing High-Value and High-Volume NFTs

27:46 The Future of NFTs: Beyond Collectibles

31:16 The Launch of the Magic Eden Token

35:09 Building for the Future: Community and Growth

39:09 Words of Wisdom for Crypto Traders

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Transcript

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0:00.0	All right, ladies and gentlemen, welcome back to another episode of the Crypto 101 podcast, man, 2025 starting off with some good old fashion volatility, what we know and what we love.
0:22.7	We're reminded here in the new year that prices don't only go up, although for the past two
0:28.1	months it felt that way in light of sort of this new regulatory regime that everybody's
0:33.5	getting excited about, all these developments going on with AI, all these crypto protocols
0:38.2	coming out with just new launch after new launch. And it's really, it's really exciting to watch.
0:43.7	But of course, volatility cuts both ways. So Brendan, how are you doing from the other side of the
0:49.2	country? Are you surviving? You're not getting too many cuts on the futures trading floor, are you? Not too many,
0:56.0	but you're right. You know, we have seen a lot of volatility. And, you know, despite the volatility,
1:00.7	despite us going up or down or sideways for any amount of time, the industry keeps on moving.
1:06.4	And today we brought in, you know, perhaps one of the biggest builders from that bear market.
1:11.3	And man, they're, they're really reaping those rewards now.
1:14.7	So excited to chat about it today.
1:16.6	I'll let you introduce the one and only.
1:18.6	Oh, I get to do the honors.
1:19.9	I love it.
1:20.9	I'm very, very pleased to introduce Z. Yin, who's the co-founder and chief operating officer of Magic Eden.
1:28.3	Z, welcome to the Crypto 101 podcast. How are you doing?
1:31.5	Good. Thanks for having me, boys. It's good to be here. Excited to chat.
1:35.5	Yeah, you bet. Sweet. No, Magic Eden, if it's not a household name yet,
1:40.6	one of my big bets is that by the end of 2025, it will be.
1:43.9	And I'm sure many of our listeners who have been trading crypto actively over the course of the past,
1:48.4	maybe six months to a couple years, have heard of Magic Eden.
	...

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