Metaplex

As the underlying protocol for NFTs on Solana, Metaplex will support the adoption of mainstream Web3 assets. Metaplex will power the next generation of NFT projects by providing a low-cost, permissionless repository of standards and libraries.
The Metaplex protocol has three main components:
- The Digital Asset Standard defines token metadata for fungible, semi-fungible, and non-fungible tokens, supporting use cases in art, collectibles, games, identity, and music.
- The Metaplex Program Library (MPL) provides on-chain functionality for applications to create, sell, buy or trade digital assets.
- META, the governance token for the Metaplex Protocol and Metaplex DAO.

In addition, the Metaplex Foundation provides developers with sophisticated tools to extend and deploy the protocol, including SDKs and reference applications.
These tools accelerate Metaplex's broad integration in products such as OpenSea, Phantom, FTX, and Instagram. They also support the development of new platform businesses such as Fractal, Holaplex and Magic Eden.