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Magic Eden announced its first semi-fungible token (SFT) marketplace with Genopets on July 27, 2022. It was designed to let players mint and trade quantities of in-game assets, including Crystals and Terraform Seeds, as stackable inventory rather than handling every unit as a separate NFT. Magic Eden’s Solana Marketplace continues as of its June 30, 2026 service notice, but the available official sources do not confirm whether the specific Genopets SFT listings from the 2022 launch are live now.
What Magic Eden and Genopets announced
The launch paired Magic Eden’s marketplace infrastructure with Genopets, a Solana-based game. Magic Eden described it as its first SFT marketplace. The practical aim was to make trading multiple units of the same in-game item more like handling a stack of inventory in a conventional game.
For example, rather than listing ten Water Crystals as ten separate NFTs, a player could sell the ten together. That was an illustration in the launch announcement, not a reported market statistic or a claim about trading performance.
What a semi-fungible token means here
In the launch announcement’s definition, an SFT is a digital asset that can be minted in quantities greater than one. This makes it possible to hold or trade multiple units of a like-for-like game asset as a quantity, rather than treating each unit as a distinct item. The term describes the asset’s quantity behavior in this context; it does not mean that every Genopets asset or every NFT on Magic Eden worked this way.
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Magic Eden’s announcement said Solana SFTs share a “Mint Account,” which it said uses less storage per asset and lowers minting fees. Those are the company’s launch-era explanations; the cited materials do not provide independent fee measurements or a comparison with other token implementations.
What Genopets items were involved
Crystals
Crystals were base-layer materials used to craft other items in Genopets. Their stackable quantity format suited the kind of inventory players might want to gather and trade in multiples.
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Terraform Seeds
Terraform Seeds were used to customize habitats aesthetically and make performance upgrades. The announcement presented them alongside Crystals as examples of assets supported by the marketplace.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Is the Genopets SFT marketplace still available?
Magic Eden’s June 30, 2026 notice says that some marketplace surfaces were being wound down while the Solana Marketplace and Packs would continue. Genopets’ official resources still identify Magic Eden as its marketplace for verified collections. Neither source confirms that the particular Genopets SFT listings introduced in 2022 are currently available.
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That distinction matters: continued support for Magic Eden’s Solana Marketplace, or a link to Magic Eden from Genopets, does not establish that a specific collection or SFT listing can still be bought or sold. Check the live marketplace listing before relying on current availability.
Quick Recap
Sources and launch context
- Magic Eden’s July 27, 2022 announcement, distributed by PR Newswire, describes the marketplace, the SFT model, and the example assets.
- Magic Eden’s June 30, 2026 marketplace service notice describes which marketplace surfaces continue.
- Genopets’ official resources link to its marketplace and token routes.
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