2024

Metaplex

Solana

Rise

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Metaplex (MPLX) saw a significant rise of over 13% in 24 hours on CoinMarketCap.</li> 
 <li>MPLX is now trading above $0.36.</li> 
</ul> 
<p><a href="https://twitter.com/metaplex" rel="nofollow noopener" target="_blank">Metaplex (MPLX)</a> recorded a significant rise in price in the past 24 hours of over 13%, according to data from <a href="https://coinmarketcap.com/currencies/metaplex/" rel="nofollow noopener" target="_blank">CoinMarketCap</a>.</p> 
<p>At the moment of writing this article, MPLX is trading above $0.36. The total market cap of the token is currently about $90.5 million.</p> 
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<p>On May 8, the team behind Metaplex announced via X that the Metaplex Startup Program went live. They also shared the introduction of the inaugural cohort.</p> 
<p>The team behind the project notes that the program is designed to empower the next generation of digital assets and NFT-centric startups on Solana.</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr">1/ The Metaplex Startup Program is now live! We're excited to introduce the inaugural cohort.</p> 
 <p>This program is designed to empower the next generation of digital asset and NFT-centric startups on Solana. <a href="https://t.co/NFvnSYBezS" rel="nofollow" target="_blank">pic.twitter.com/NFvnSYBezS</a></p> 
 <p>— Metaplex <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9be.png" alt="🦾" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@metaplex) <a href="https://twitter.com/metaplex/status/1788248655226610029?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 8, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>The other day, Metaplex shared info about important partnerships. In a post on X, Metaplex revealed Ottersec, one of the most respected security audit firms in the ecosystem, as their partner in the Startup program.</p> 
<p>They will reportedly be providing code review and helping program participants ship SAFU code.</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr">Ottersec is one of the most respected security audit firms in the ecosystem. </p> 
 <p>We're proud to have <a href="https://twitter.com/osec_io?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@osec_io</a> as one of the partners in our Startup Program. They will be providing code review and helping program participants ship SAFU code <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9be.png" alt="🦾" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/x57nZTxmSV" rel="nofollow" target="_blank">https://t.co/x57nZTxmSV</a></p> 
 <p>— Metaplex <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9be.png" alt="🦾" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@metaplex) <a href="https://twitter.com/metaplex/status/1788948710895882408?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 10, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Metaplex also revealed another partnership with SkyRise. The team noted that the end-to-end growth architects at Sky Rise Labs will guide their participants in developing a market strategy in order “to achieve liftoff.”</p> 
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 <p lang="en" dir="ltr">SkyRise takes projects from vision to launch, and we are excited to have them as partners in our Startup Program.</p> 
 <p>The end-to-end growth architects at <a href="https://twitter.com/SkyRiseLabs?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">@SkyRiseLabs</a> will guide our participants in developing a marketing strategy to achieve liftoff <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9be.png" alt="🦾" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/b5j4fvnDCu" rel="nofollow" target="_blank">https://t.co/b5j4fvnDCu</a></p> 
 <p>— Metaplex <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9be.png" alt="🦾" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@metaplex) <a href="https://twitter.com/metaplex/status/1789004738006249920?ref_src=twsrc%5Etfw" rel="nofollow noopener" target="_blank">May 10, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<h2 id="what-is-metaplex-mplx">What is Metaplex (MPLX)?</h2> 
<p>Metaplex is a decentralized protocol for the creation, commerce, and use of digital assets on the <a href="https://crypto.ro/en/news/solanas-new-release-fixes-network-congestion/">Solana</a> blockchain.</p> 
<p>Metaplex offers utility programs such as Packs, Fusion, “Entangled,” and Encrypted NFTs. Programs such as Gumdrop and Hydra are facilitating the distribution of tokens.</p> 
<p>The Metaplex protocol has four components:</p> 
<ul> 
 <li>The Digital Asset Standard – defining the metadata structure for NFTs, enabling interoperability across participants in the Solana NFT ecosystem</li> 
 <li>The Metaplex Program Library – including various infrastructural protocols providing on-chain functionality for creating, selling, purchasing, and trading NFTs</li> 
 <li>Advanced Developer Tools and SDKs streaming – abstracting away the complexity that makes blockchain development inaccessible to many</li> 
 <li>MPLX – the utility and governance token for the Metaplex protocol</li> 
</ul> 
<p>Overall, according to the team behind the project, they are powering the digital asset economy on Solana.</p>

Metaplex (MPLX) Surged Over 13% In 24 Hours

Съдържание

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