Powering the digital asset economy on @solana
🤝 $MPLX DAO: https://t.co/OvpaeMC2xK
👨💻 Dev Support: https://t.co/kmuwlPVz0S
💬 X by @metaplexfndn
Nov 12 • 15 tweets • 5 min read
1/ Metaplex October Round-up TLDR:
• 907k new fungible tokens created through Metaplex (+154% MoM, highest month ever)
• 346k new Core assets minted (+54% MoM, ATH)
• 10,944 SOL of protocol fees (+96% MoM)
• 3.25M $MPLX purchased using protocol fees & contributed to the DAO 2/ Fungible tokens saw a major uptick, with 907k new tokens created through Metaplex.
This represents the highest single month so far and a 154% increase MoM.
Nov 8 • 6 tweets • 2 min read
1/ Over the last 18 months we've been preparing Token Metadata for immutability.
This included fixing bugs, implementing community MIPs, and ensuring the onchain footprint of one of the most important programs on Solana was optimized.
The next step in that journey is here 👇 2/ Today Metaplex Foundation will be handing off the upgrade authority to 3 highly respected security firms who will be performing final audits for the next ~6 months and addressing any security issues.
No other changes can be made before making the program fully immutable.
Sep 23 • 9 tweets • 3 min read
1/ Introducing Metaplex Aura, a decentralized indexing and data availability network for @solana and the SVM, powered by $MPLX.
SVM + MPL + Aura = the full stack for decentralized applications 🦾
Learn more 👇 2/ Aura offers decentralized & performant indexing of digital asset data so apps can easily read state without relying on centralized infrastructure.
It implements the next evolution of the Metaplex DAS API, the open-source technology that powers indexing on Solana today.
Sep 10 • 15 tweets • 4 min read
1/ Metaplex August Round-up TLDR:
• 382k new fungible tokens created through Metaplex
• 57k Core assets minted (2nd highest month)
• 5.0M $MPLX was purchased using protocol fees & contributed to the DAO
• Upcoming TM optimization will reduce network load & minting costs 2/ In August, developers and creators minted 10.2 million digital assets through Metaplex.
382K new fungible tokens were created using Metaplex, representing 90% of all fungible tokens minted on Solana.
May 8 • 7 tweets • 2 min read
1/ The Metaplex Startup Program is now live! We're excited to introduce the inaugural cohort.
This program is designed to empower the next generation of digital asset and NFT-centric startups on Solana.
2/ Meet our incredible partners who are contributing to the program and offering valuable services to participants.
• Legal guidance by @GivnerLaw
• Marketing expertise by @SkyriseHQ
• Security consulting and code review by @OtterSec
• Robust RPC services by @extrnode
May 25, 2023 • 10 tweets • 2 min read
1/ We appreciate the community’s feedback around the Token Metadata immutability plan and have a few updates:
- No fees on Update, Verify, Freeze & Thaw (fee will only be on Create)
- Fees will be adjusted if SOL dramatically increases
More thoughts on community feedback 👇🧵
2/ We’ve heard from the developer community that Update, Freeze, Thaw and Verify instruction fees could prohibit important and emergent use cases - in response, we will be removing these fees entirely
1/ Over the last several months, the Metaplex Foundation and the Solana Foundation have worked together and aligned on a framework to bring Token Metadata (TM) to its terminal state of completion and immutability 🧵
2/ The aligned framework has three core components to ensure the reliability, fairness and ongoing development of the Solana NFT ecosystem which we’ve summarized in our blog - highlights 👇
1/ Today we’re excited to share that creators can upgrade their existing NFT collections to Programmable NFTs (pNFTs) with royalties enforcement on Solana!
Read on for details 🧵
2/ Royalties enforcement can be programmed into NFTs via rule sets
Creators can choose between 3 upgrade options:
1. Maximize compatibility with ecosystem programs 2. Enable stricter royalties enforcement (based on an allow-list), or 3. Create their own allow or deny list
Jan 6, 2023 • 4 tweets • 2 min read
1/ Creators can now start the 14-day royalties enforcement upgrade process for existing collections
There are several important implications creators should be aware of when deciding to upgrade 🧵
royalties.metaplex.com2/ Please read the update to MIP-1 which outlines how Programmable NFTs can be used to enforce royalties, upgrade paths for existing collections, and how rule sets can be created and managed
1/ PSA: There is an on-going bug on Magic Eden that allows an attacker to list and sell fake NFTs that are not part of a creator’s verified collection. We've confirmed this is not an issue with the Metaplex protocol.
2/ To avoid this, marketplaces should check (a) that the collection address matches and is verified OR (b) that the creator addresses match and all are verified. We recommend the former.
Dec 30, 2022 • 8 tweets • 2 min read
1/ Big Friday update on royalties 🎉
Creators will be able to start upgrading existing NFT collections starting next week and enable royalties enforcement
Here’s what you need to know to prepare 👇 2/ Starting next Friday, two upgrade paths will be available for existing collections to enable royalties enforcement:
1️⃣ Community vote (organized by the creator)
2️⃣ Timed upgrade (14-day notice period to holders)
Dec 17, 2022 • 5 tweets • 2 min read
(1/5) @theKnittables is an exciting new project that combines high-quality 3D animation with storytelling and lore. It's also the next creator to launch using Metaplex's self-serve, no-code tools, Creator Studio.
We're giving away 15 guaranteed mint spots. Here's how to enter👇
(2/5) Like and RT the first tweet and then follow @metaplex and @theknittables on Twitter for a chance to join the Tribe 🧶
MUST enter by 11am EST on Dec 18, 2022
Dec 8, 2022 • 4 tweets • 2 min read
1/ gm Metaplex community. Over the past 24 hours, there has been a coordinated pressure campaign led by @MagicEden and @redacted_j to take control over the multi-sig for token metadata and give it to themselves and a small group of their close allies for personal gain.
2/ Metaplex was built to elevate creators and artists above traditional gatekeepers, but those same commercial dynamics have re-emerged within Solana NFTs and are trying to pressure us into a half-baked governance scheme to take the standard out of the community’s hands.
Oct 20, 2022 • 8 tweets • 2 min read
We’ve heard you - the community is ready. Metaplex is building a new asset class that will enable creators to enforce royalties at the protocol level by extending the Token Metadata program, which powers 99%+ of all NFTs on Solana.
Metaplex has nurtured one of the fastest growing creator economies in history: a vibrant movement of more than 150,000 creators who have reached more than 7 million unique holders with their art.
Oct 19, 2022 • 5 tweets • 2 min read
So you missed the Metaplex royalties banger last night - 2,700 attendees dropping in over 5 hours of thoughtful discussion.
Let's take a quick dive into the update 👇
🔎 Tracking Collection Size 🔎
The Problem:
You won't find an easy and objective way to know the total number of #NFT assets in a Collection — creating roadblocks for ongoing #DAO work, among others.
May 27, 2022 • 7 tweets • 2 min read
1/ PSA on Candy Machine V2:
Collections are now being enforced on Candy Machines on Devnet and will be enforced on Mainnet Beta within the coming days. Here’s what this means 👇
2/ Importantly, this will NOT impact existing Candy Machines. In the past, it was possible for some CLIs or UIs to not set the on-chain collection properly. When this change goes live, this will no longer be the case. If the creator sets a collection for their Candy Machine,
May 1, 2022 • 5 tweets • 2 min read
Today #Solana mainnet-beta went down partially due to botting on the Metaplex Candy Machine program. To combat this, we have merged and will soon deploy a botting penalty to the program as part of a broader effort to stabilize the network. tinyurl.com/3bwzd8kb
Candy Machine is used by a majority of new #SolanaNFT projects to launch their collections. In this change, a 0.01 SOL penalty will be collected when a wallet attempts to complete an invalid transaction, which is typically done by bots that are blindly trying to mint.
Apr 29, 2022 • 4 tweets • 1 min read
Hey everyone, as you may know bots have been a core contributor to Solana network congestion. Our candy machine has been a point of entry for a lot of these bots so we want to propose a PR that will rekt any bots trying to attack CMV2's. link > github.com/metaplex-found… (1/4)
Essentially, if you spam to mint from a CM and it’s impossible to do so… you’ll be punished for flooding the network with failed Txs. However, there are edge cases where a real user could get punished. (2/4)