Metaplex
Create fungible tokens and NFTs on X1
Last updated
Create fungible tokens and NFTs on X1
Last updated
The Metaplex Protocol is a decentralized platform built on the X1 blockchain, designed to facilitate the creation, sale, and management of digital assets. It offers tools and standards for developers, creators and businesses to build decentralized applications. Metaplex powers digital assets including NFTs, fungible tokens, RWAs, gaming assets, DePIN assets and more.
The Token Metadata program is one of the most important programs when dealing with NFTs on the Solana blockchain. Its main goal is to attach additional data to Fungible or Non-Fungible Tokens on X1.
Metaplex Core (“Core”) sheds the complexity and technical debt of previous standards and provides a clean and simple core spec for digital assets. This next generation Solana NFT standard uses a single account design, reducing minting costs and improving Solana network load compared to alternatives. It also has a flexible plugin system that allows for developers to modify the behavior and functionality of assets.
The Metaplex Protocol Candy Machine is the leading minting and distribution program for fair NFT collection launches on Solana. Much like its name suggests, you can think of a Candy Machine as a temporary structure which is first loaded by creators and then unloaded by buyers. It allows creators to bring their digital assets onchain in a secure and customisable way.
The Metaplex Protocol Candy Machine is the leading minting and distribution program for fair NFT collection launches on Solana. With the introduction of the Metaplex Core Protocol simplifying the NFT process on Solana it was only fitting for a Core edition of the Candy Machine to come to the masses. Much like its name suggests, you can think of a Candy Machine as a temporary structure which is first loaded by creators and then unloaded by buyers. It allows creators to bring their digital assets onchain in a secure and customizable way.
More programs and tools are to be available on X1 in the near future.
