• by Ray Schultz , July 24, 2022

U.K.-based news website NFT Plazas has acquired on-chain monthly print publication MagNFT from MagMaster. The terms were not disclosed. 

MagNFT, founded in 2019 and minted on Condex, has since published 24 issues. 

The magazine has featured several names known in the NFT art market, including Xcopy, Coldie, Pransky, Trevor Jones, Jose Delbo, Beeple and Alotta Money.

Its site states that a MagNFT relaunch will occur in 2022. NFT Plazas refers to it as its first print publication. 

Formerly known as DCL Plazas, NFT Plazas is a news site dedicated to the NFT and Metaverse space, offering a daily story feed and a weekly email newsletter. It was founded in 2018.

Earlier this year, the media company launched an automated metaverse advertising system.

“We see the recent downturn in the Crypto and NFT markets as an opportunity,” states Chris Thomas, founder and CEO of NFT Plazas.