Nfts
OKX to soon support Metaplex Core Token standard on NFT marketplace
SINGAPORE, April 12, 2024 /PRNewswire/ — OKXone of the leading Web3 technology companies, has released updates for April 12, 2024.
OKX to soon support Metaplex Core token standard in NFT marketplace
OKX’s no-fee multi-chain system NFT Marketplace will soon introduce support for the Metalex core token standard. This move marks a significant step forward in OKX’s ongoing efforts to provide the best possible platform for creators, collectors and developers to interact with NFTs.
Metaplex Core is the latest NFT standard introduced by Metaplexa Solana-based framework and protocol that developers can leverage to create and mint NFTs, as well as launch their own collections.
Metaplex Core offers several advantages over other standards, including:
- A single account design, effectively tracking the owner in accordance with the needs of an NFT standard;
- Royalties imposed by default, improving the profitability of creators;
- Unprecedented cost efficiency, delivering some of the lowest typing costs compared to other available alternatives and saving rental fees for unnecessary accounts;
- Low computational operations, allowing more transactions to be included in a single block; and
- First-class collections, allowing assets to be grouped into unique collections.
Developers interested in building with the Metaplex Core standard are encouraged to contact the OKX team, who will be happy to assist and can provide the resources and guidance needed to get the most out of this new standard.
For more information, please visit the OKX Support Center.
For more information, please contact:
[email protected]
About OKX
OKX, a leading global technology company driving the future of Web3, offers a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world’s most powerful, secure and versatile crypto wallet that gives users access to over 85 blockchains while allowing them to hold their own funds. The wallet includes MPC technology which allows users to easily regain access to their wallet independently, removing the need for traditional “written” seed phrases. Additionally, OKX wallet based on account abstraction Smart account allows users to pay for transactions across multiple blockchains using USDC or USDT and interact with multiple contracts through a single transaction.
- DEX:A multi-chain and cross-chain decentralized exchange aggregator of 400+ other DEXs and ~20 bridges, with 200,000+ coins and 20+ blockchains supported.
- NFT Marketplace: A zero-fee, multi-chain NFT marketplace that allows users to access NFT listings on seven leading marketplaces, including OpenSea, MagicEden, LooksRare, and Blur.
- Web3 DeFi:A powerful DeFi platform that supports earning and staking on around 70 protocols across 10+ chains.
OKX partners with a number of the world’s biggest brands and athletes, including English Premier League champions Manchester City FC, McLaren Formula 1, The Tribeca Festival and Olympian Scotty James.
As a leader in creating innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign titled, The system needs to be rewrittenwhich advocates a new paradigm driven by self-managed Web3 technology.
To learn more about OKX, download our app or visit: okx.com
SOURCE OKX