What Is Metaplex (MPLX)? Complete Guide & Review About Metaplex

What Is Metaplex (MPLX)?

Metaplex Studios, ecosystem, and community have been moving quickly to support the thousands of developer teams and creators looking to launch their NFT projects on Solana. In response to feedback, we’ve created tools like Candy Machine v2™, to help mint and sell thousands of NFTs for NFT collections and/or common profile picture projects you all know and love.

We’ve also been hard at work creating primitives, recipes, and extensible storefronts that developers and creators alike can use. Metaplex Coin is a collection of tools, smart contracts, and more designed to make the process of creating and launching NFTs easier. While initially focused on supporting the needs of the arts and entertainment industry our plans extend far beyond that to all use cases where an NFT may add value.

Important Points Table Of Metaplex

How to Buy the Continental & Trade On Exchange?

MPLX Price Live Data

The live Metaplex price today is $0.592623 USD with a 24-hour trading volume of $6,026,205 USD. They update MPLX to USD price in real-time. Metaplex is down 32.35% in the last 24 hours. The current CoinMarketCap ranking is #2686, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 MPLX coins.

If you would like to know where to buy Metaplex at the current rate, the top cryptocurrency exchanges for trading in stock are currently Bybit, FTX, CoinW, KuCoin, and Huobi Global. You can find others listed on our crypto exchanges page.

Built for Builders

Open Source & Free to Use

With the sub-second speed and affordability of Solana, This 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 Coin toolkit enables limitless creation of customized NFT experiences. Build and innovate for the future collector experience.

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.

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 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.