Spawned vs Magic Eden: Launchpad or Marketplace for Your Project?
Spawned and Magic Eden serve different core functions in the Solana ecosystem. Spawned is a dedicated token launchpad with a built-in AI website builder, designed for launching new cryptocurrencies with ongoing creator revenue. Magic Eden is primarily an NFT marketplace, though it has expanded into launch services. This comparison breaks down costs, features, and long-term value for project creators.
- •Spawned focuses on fungible token launches with 0.30% perpetual creator fees and an included AI website builder.
- •Magic Eden is an NFT-first marketplace with launch tools; its revenue model and fees differ significantly.
- •For launching a new token with a website and ongoing income, Spawned offers a more specialized, cost-effective path.
Quick Comparison
Verdict: Different Tools for Different Goals
Before comparing features, understand the fundamental difference.
Choose Spawned if your primary goal is to launch a new fungible token (a cryptocurrency) on Solana, you want a simple, all-in-one process with a website, and you value a model that provides you with 0.30% of every trade, forever.
Consider Magic Eden if your project is an NFT collection or you require the deep liquidity and broad audience of the largest Solana NFT marketplace. While Magic Eden offers launch services, its core strength and economic model are anchored in the NFT secondary market.
For most creators looking to start a token-based project, Spawned's integrated approach and direct revenue stream from token trades are more aligned with the goal of building a sustainable community.
Fee & Revenue Model: Creator Earnings Breakdown
The economic model is where these platforms diverge most sharply. Your potential earnings and costs are structured very differently.
Spawned's Model:
- Launch Cost: 0.1 SOL (approx. $20).
- Creator Revenue: 0.30% of every token trade, forever. This is direct income from your token's activity.
- Holder Rewards: An additional 0.30% of trades is distributed to token holders, incentivizing holding.
- Post-Graduation: After your token reaches certain milestones, a 1% fee is applied via Token-2022, sustaining the ecosystem.
- Website Builder: The AI website builder is included, saving $29-$99 per month on external services.
Magic Eden's Model:
- Marketplace Fee: Traditionally 2% on NFT secondary sales (subject to change with promotions). This fee goes to Magic Eden.
- Creator Royalties: A separate percentage (e.g., 5-10%) set by the creator on secondary sales. Enforcement of these royalties has been a shifting landscape across all NFT marketplaces.
- Launch Services: Fees for launch tools would be separate and not tied to ongoing trade volume in the same way.
Feature-by-Feature Analysis
Let's examine the specific tools and services each platform provides for launching and maintaining a project.
Launch & Token Creation:
- Spawned: Streamlined fungible token creation on Solana. The process is designed for speed and includes immediate liquidity pairing.
- Magic Eden: Tools geared towards NFT collection creation, minting, and allowlist management. Fungible token launch is not its native function.
Website & Presence:
- Spawned: Integrated AI-powered website builder. Create a project homepage, blog, or dashboard without code or monthly subscriptions.
- Magic Eden: Provides project pages and profiles on its marketplace, but not a standalone, customizable website for your project.
Ongoing Community Tools:
- Spawned: Built-in holder rewards (0.30%) directly incentivize and retain your community. The website builder allows for continuous content updates.
- Magic Eden: Strong community features revolve around its marketplace: collection pages, rarity tools, and trading activity.
Audience & Liquidity:
- Spawned: Connects you to traders specifically using launchpads and the broader Solana DeFi ecosystem.
- Magic Eden: Offers massive exposure to the NFT-buying audience, one of the largest concentrated user bases on Solana.
Decision Guide: Which Platform Is Right For You?
Your project's asset type and goals make the choice clear.
Choose Spawned if:
- You are launching a new cryptocurrency or meme coin.
- You want a simple, fixed-cost launch (0.1 SOL) with no coding.
- Ongoing revenue from every token trade (0.30%) is important to you.
- You need a professional website for your project and want to avoid monthly fees.
- You want to use Token-2022 features for advanced tokenomics post-launch.
Consider Magic Eden if:
- Your project is a PFP, art, or utility NFT collection.
- Maximum visibility in the NFT market is your top priority.
- Your revenue model is based on enforced secondary sale royalties.
- You have an existing community eager to mint NFTs.
For a deeper look at other launch-focused alternatives, see our comparison of launchpads.
How to Launch a Token on Spawned in 4 Steps
The process highlights Spawned's all-in-one advantage.
This illustrates the integrated, creator-focused flow of Spawned.
- Connect Wallet & Ideate: Connect your Solana wallet (like Phantom). Use the platform to finalize your token's name, symbol, and description.
- Build Your Site: Use the AI website builder to create a landing page. Describe your project, and the AI generates copy and structure. This happens before you pay the launch fee.
- Launch & Pay: Review your token and website. Pay the 0.1 SOL launch fee. Your token is created, liquidity is paired, and your site goes live simultaneously.
- Share & Earn: Share your project page and token address. The 0.30% creator fee and 0.30% holder rewards begin accruing immediately with every trade.
Ready to Launch Your Token with Built-In Revenue?
If you're building a token-based community on Solana, Spawned provides a purpose-built path. You launch with a live website, start earning 0.30% from the first trade, and reward your holders from day one—all for a 0.1 SOL launch cost.
Start your project on Spawned today and turn your idea into a live token with a website in minutes.
Related Topics
Frequently Asked Questions
No, Spawned is specifically designed for launching fungible tokens (like meme coins or utility tokens) on the Solana blockchain. For NFT collections, a marketplace like Magic Eden, Tensor, or Formfunction is the appropriate platform. Spawned's economic model of taking a percentage of token trades does not apply to unique, non-fungible assets.
Magic Eden has expanded its services to include launch tools, primarily for NFT collections. While it operates in the launch space, its infrastructure, audience, and fee model are fundamentally oriented towards NFTs. For a dedicated, streamlined fungible token launch with an integrated website builder and direct trade revenue, Spawned is a specialized alternative.
It's a different model for a different asset. The 0.30% fee applies to every trade of your fungible token, which can have very high volume. NFT royalties apply only to secondary sales of each unique item. For a highly traded token, small, frequent fees can accumulate significantly. NFT royalties are typically a larger percentage but on less frequent events. Spawned's model provides continuous, volume-based income from your token's ecosystem.
The AI-generated website you create during launch is hosted for you and is included with no monthly fee. You own the content and can edit or update it at any time to reflect your project's progress, post updates, or add new information. It serves as a permanent home for your project beyond the token listing.
Potentially, for a multi-faceted project. You could launch a fungible governance or utility token on Spawned to build a community and treasury, and simultaneously launch an associated NFT collection on Magic Eden. The tokens and NFTs would be separate assets but could be designed to interact. Each platform would manage its respective asset type.
After your token reaches a significant market cap and trading volume milestone ('graduates'), it transitions to use Solana's Token-2022 standard. This enables a 1% fee on all transactions, which is programmed into the token itself. This perpetual fee helps fund ongoing development, security, and ecosystem incentives, creating a sustainable model for mature projects.
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