What Is Metaplex (MPLX)?
Metaplex is a decentralized protocol for the creation, commerce and use of digital assets on the Solana blockchain. Metaplex provides utility programs like Packs, Fusion, “Entangled” and Encrypted NFTs. Programs like Gumdrop and Hydra facilitate the distribution of tokens. The protocol has four components.
1. The Digital Asset Standard defines the metadata structure for non-fungible tokens (NFTs), enabling interoperability across all participants in the Solana NFT ecosystem, including NFT projects, individual NFTs, wallets, marketplace, dApps, and other protocols.
2 The Metaplex Program Library (MPL) includes multiple infrastructural protocols providing on-chain functionality for the creation, sale, purchase or trading of NFTs.
3. Advanced Developer Tools and SDKs streamline working with Metaplex, abstracting away complexity that makes blockchain development inaccessible to many. This is a key reason Metaplex is the preferred starting point for many developers getting started in the Solana ecosystem.
4. MPLX is a utility and governance token for the Metaplex Protocol. Token holders steer the direction and evolution of the protocol through the Metaplex DAO, delivering on the promise of a decentralized and community-owned creator platform.
| Coin Basic | Information |
|---|---|
| Coin Name | Metaplex |
| Short Name | MPLX |
| Total Supply | 10,000,000,000 |
| Max Supply | 1,000,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
The World’s Fastest Growing Web3 Creator Platform
More power to you, and no gatekeepers. With over 17M NFTs minted, Metaplex has fueled of one of the fastest-growing markets in history with over $3B+ in commerce and $1B+ in revenue generated directly for creators through Metaplex smart contracts.
Built for Builders
Open Source & Free to Use
With the sub-second speed and affordability of Solana, Metaplex is the free-to-use, open source NFT standard and protocol with ecosystem-wide support.
Trusted by the Best
Thousands of creators, builders and “blue chip” projects rely on Metaplex to launch and grow their businesses.
A Canvas to Build
The Metaplex toolkit enables limitless creation of customized NFT experiences. Build and innovate for the future collector experience.
The next chapter of the Metaplex story is beginning.
Join us in a new world for the builders and supporters of our community’s work. Introducing The Metaplace, an evolving space for community created alongside metaverse builders and Metaplex Foundation grant recipients, Chapter X.
Take a lap around our courtyard where you’ll be the first to see real time Metaplex stats, relax by the flexie fountain, let a friend lend you a hand, and see if you can hunt down every NFT-loving bot zipping around.
And as you discover Metaplex world, be on the lookout for five Easter eggs. The first to find and identify them wins an iconic The Black Box swag kit. Spot all five and submit your answers here. We’ll celebrate the winner with the debut of The Town Hall when they have a winner!
Token Standard
As token usage has evolved on Solana, it has become clear that there are more types of tokens than simply “fungible” and “non-fungible” tokens. An example is something the community is calling a “semi-fungible token”, an SPL token with a supply greater than 1 but which has typical NFT attributes such as an image and an attributes array in the JSON metadata.
The consensus seems to be that these should be stored in wallets in the same view as standard NFTs, or in their own view but separate from “standard” fungible SPL tokens. These tokens are becoming popular in gaming contexts to support fungible items such as a kind of sword or a piece of wood, etc. but which are in a different league from typical fungible SPL tokens such as USDC.
Token Entangler
Metaplex’s Token Entangler program is pulled straight out of quantum mechanics! It enables you to entangle two NFTs together and make it so only one can exist in the wild at a time (and can always be exchanged with the entangled NFT). This could be useful to ‘de-rug’ projects by replacing all the rugged NFTs with a new non-rug set.
The Fungible Asset Standard
These are fungible tokens with more extensive metadata and supply >= 0. An example of this kind of token is something the community has been calling “semi-fungible tokens” often used to represent a fungible but attribute-heavy in-game item such as a sword or a piece of wood.
The Non-Fungible Standard
These are the “standard” non-fungible tokens the community is already familiar with and have both a Metadata PDA and a Master Edition (or Edition) PDA. Examples of these are Solana Monkey Business, Stylish Studs and Thugbirdz.
