NFT Plazas Acquires First-Ever Print Publication and On-Chain NFT Magazine, MagNFT

Leading NFT news company NFT Plazas is expanding its media arm

Leading NFT news and media website, NFT Plazas, announced today it will be expanding its media arm through the strategic acquisition of the first-ever monthly print publication and on-chain NFT magazine, MagNFT.

The magazine was purchased for an undisclosed fee from MagMaster, an NFT veteran and highly respected member of the very first NFT community circles. NFT Plazas now has ownership over all the content which MagNFT produced throughout the past couple of years, as well as the social media channels and website.

MagNFT was founded in 2019 with the first magazine being published in December 2019 and minted on Codex. The company has since published 24 issues worldwide and featured over 300 artists and content creators. In its first two years, many recognizable names of today’s NFT art market have appeared in MagNFT, like Xcopy, Coldie, Pransky, Trevor Jones, Jose Delbo, Beeple, and Alotta Money, just to name a few.

NFT Plazas Acquires First-Ever Print Publication and On-Chain NFT Magazine, MagNFT 1

We see the recent downturn in the Crypto and NFT markets as an opportunity. Our long term strategy and careful planning now sees us in the fortuitous position of being able to expand the NFT Plazas brand. We are delighted to have successfully completed the acquisition of MagNFT, and have big plans to build on its reputation and all its achievements to date. – Chris Thomas, Founder and CEO of NFT Plazas.

While many companies are announcing the scaling back of their operations, such as the recent announcement made by CEO of OpenSea, Devin Finzer, that they are reducing their workforce by 20%, NFT Plazas is steadily growing, with the acquisition marking yet another step forward in its growth strategy.

The media company also launched the world’s first automated metaverse advertising system earlier this year. A first-of-its-kind solution for advertising in the metaverse, helping onboard thousands of new businesses to NFTs and blockchain through a simple and efficient user interface.

About MagNFT: MagNFT is a monthly print magazine founded in 2019. It was the first ever on-chain magazine using the Codex Protocol. Over the years, the company featured the top creators in the industry and created a large network of high profile collectors.

As the NFT sphere evolved, and the potential of integrating NFTs in a virtual world, many new partnerships evolved over time. MagNFT also partnered with Metaverse-Billboard back in early 2020 in offering projects and artists the opportunity to rent over 200 billboards in Voxels for visibility and marketing needs.

About NFT Plazas: Founded in 2018, and formerly known as DCL Plazas, NFT Plazas is the number one news site dedicated to growing the NFT and Metaverse space. Our mission is to spread the word about the associated benefits that come with these exciting new experiences and technologies. NFT Plazas covers Games, CryptoArt, Collectibles, Metaverse, and Industry news from around the globe.

For more information on NFT Plazas please visit:

Website

Twitter

Instagram

Facebook

About the author

Brent Dixon is the owner of E-Crypto News and an early adopter of cryptocurrencies. He is a Book editor- that has edited numerous books on Cryptocurrencies. He has been a writer for more than 30 years. Covering everything from Jazz Music to Blockchain Technology. He currently lives with his wife on Miami Beach, Fl.

E-Crypto News Executive Interviews

Automated trading with HaasBot Crypto Trading Bots

Blockchain/Cryptocurrency Questions and Answers

What Are E-stablecoins And How Do They Operate?
What Are E-Stablecoins And How Do They Operate?
August 11, 2022
How to Choose a Legit Crypto Casino?
August 5, 2022
Spend Crypto
5 Ways to Spend Crypto
August 2, 2022
What Is A DAO LLC?
What Is A DAO LLC?
August 2, 2022
Can Running A Lightning Node Earn You Passive Income?
Can Running A Lightning Node Earn You Passive Income?
July 5, 2022


CryptoCurrencyUSDChange 1hChange 24hChange 7d
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
USD Coin1.000 0.44 % 0.25 % 0.18 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
? --- 0.00 % 0.00 %
Solana42.12 0.56 % 2.22 % 3.81 %
? --- 0.00 % 0.00 %

bitcoin
Bitcoin (BTC) $ 23,912.00
ethereum
Ethereum (ETH) $ 1,876.80
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 316.59
cardano
Cardano (ADA) $ 0.562923
xrp
XRP (XRP) $ 0.376447
binance-usd
Binance USD (BUSD) $ 1.00
solana
Solana (SOL) $ 43.12
dogecoin
Dogecoin (DOGE) $ 0.085675