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I just found out that MagicEden is making a pretty radical shift. They are stopping support for Ethereum and Bitcoin NFTs (Runes and Ordinals) and are focusing on their prediction market Dicey. According to Jack Lu, the CEO, most of the costs were in products that didn't generate enough revenue.
That means MagicEden already closed the markets in early March, the Bitcoin API was shut down recently, and wallet services ended in early April. Basically, they are betting everything on Dicey and only keeping NFTPack, which is more profitable.
I don't know, it's interesting to see how MagicEden realizes that diversifying across multiple chains wasn't profitable and decides to focus. Do you think the prediction market is really the future or is it just a desperate pivot?