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Metaplex is an open-source protocol for creating and using digital assets on the Solana blockchain.
Project Introduction
As the base protocol for NFT on Solana, Metaplex will support the adoption of mainstream Web3 assets. By providing a low-cost, permissionless standard and library repository, Metaplex will power the next generation of NFT projects.
The Metaplex protocol has three main components:
- Digital Asset Standard defines token metadata for fungible, semi-fungible and non-fungible tokens, supporting art, collectibles, games, identities and music use case.
- Metaplex Program Library (MPL) provides on-chain functionality for applications to create, sell, buy or trade digital assets.
- META, the governance token for the Metaplex Protocol and the Metaplex DAO.
Additionally, the Metaplex Foundation provides developers with sophisticated tools for extending and deploying the protocol, including SDKs and reference applications.
These tools accelerate Metaplex's extensive integration in products such as OpenSea, Phantom, FTX and Instagram. They have also supported the development of new platform businesses such as Fractal, Holaplex and Magic Eden.
Pricing for early investors: Creator and early backer rounds - $0.05; Strategic rounds - $0.35.