Magic Eden launched 1 year ago and already has a $1.6 billion valuation

Tiffany Huang's Twitter: @bytheophana

Magic Eden's Twitter: @MagicEden

Magic Eden's Website: https://magiceden.io/

Logan Jastremski's Twitter: @LoganJastremski

Frictionless's Twitter: @_Frictionless_

Frictionless's Website: https://frictionless.fund/

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This Podcast was sponsored by Squads. https://squads.so/

Squads Protocol: the multisig standard you were looking for on Solana

Securely manage your treasury, program upgrades and tokens with your Squad.

01 Multi-signature - A multisig requires multiple digital signatures in order to approve transactions. This is opposed to individual web3 wallets, which only require one signature.

02 Security - Multisigs spread the attack vector necessary for your assets to be compromised. By requiring confirmations from multiple private keys, a single point of failure is eliminated.

03 Collective Ownership - Multisigs allow teams to own and manage their on-chain assets together. You get to choose who is on your multisig.

04 Self-Custody - Your on-chain assets are always in your team’s control. By securing them in a multisig, you forego the risk of centralized entities losing your funds.