Metaplex is the open-source protocol for creating and using digital assets on the Solana blockchain.
Project Introduction
As the foundational NFT protocol on Solana, Metaplex will support the adoption of mainstream Web3 assets. By providing low-cost, permissionless standards and inventory storage, Metaplex will back the next generation of NFT projects.
The Metaplex protocol comprises three main components:
- The Digital Asset Standard defines token metadata for fungible, semi-fungible, and non-fungible tokens, supporting use cases in art, collectibles, gaming, identity, and music.
- The Metaplex Program Library (MPL) provides on-chain functionality for applications to create, sell, purchase, or trade digital assets.
- META, the governance token for the Metaplex protocol and Metaplex DAO.
Additionally, the Metaplex Foundation offers developers sophisticated tools to extend and deploy the protocol, including SDKs and reference applications.
These tools have accelerated Metaplexs broad integration into products such as OpenSea, Phantom, FTX, and Instagram. They also support the development of new platform businesses like Fractal, Holaplex, and Magic Eden.
Early investor pricing: Creator and early supporter round - $0.05; Strategic round - $0.35.