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Inaugural NFT Magazine MagNFT Relaunched By Web3 News Firm POW3R Media

November 21, 2024

Leading independent NFT news and media company POW3R Media has announced the expansion of their media arm through the relaunch of popular online NFT art, gaming and innovation focused outlet MagNFT. This adds to POW3R Media’s portfolio of blockchain-focused entities, which includes reputable brands such as industry news site NFT Plazas, gaming-focused outlet NFT Insider, weekly newsletter Nifty Notes and virtual world advertising service Metaverse Residents. Founded in 2019 as the first on-chain NFT art magazine, MagNFT is a now a revamped news outlet. Its unique look at the latest developments in the NFT community - including coverage of breakthrough artists, high-profile sales and thought leadership - offers readers a thorough and unbiased view on the industry you won’t find elsewhere. MagNFT was acquired by POW3R Media in July 2022 and has undergone a complete redesign as part of this relaunch to meet the growing needs of its global readership, plus appeal to a new generation of NFT art enthusiasts. "I'm delighted to see the relaunch of the popular MagNFT brand,” said Chris Thomas, CEO of POW3R Media. “This marks a significant milestone for our company and shows our deep commitment to the NFT space as we head in 2025." 2024 has seen many web3 media companies scale back their operations in the face of mounting challenges. POW3R Media bucks this trend and is continuing to grow and invest in quality web3 coverage. The relaunch of MagNFT marks their next step forward in their ambitious growth strategy as we head into 2025. About POW3R Media  POW3R Media is an industry-leading web3 media news network, with its flagship brand NFT Plazas - the #1 news site dedicated to growing the NFT, web3 and metaverse space - having been founded in 2018. Our mission is to be an evangelist for blockchain technology and highlight the exciting benefits and experiences it can bring. Through groundbreaking coverage of games, crypto art, collectibles, metaverse projects and more, we’re flying the flag for the entire web3 industry.

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