Buy Metaplex (MPLX)
What is Metaplex?
Metaplex (MPLX) is a decentralized protocol operating on the Solana blockchain, designed to facilitate the creation, trade, and management of digital assets, particularly non-fungible tokens (NFTs). It provides various utility programs aimed at simplifying NFT development and distribution.
How does Metaplex work?
Metaplex functions by leveraging Solana's high-performance blockchain, utilising its Proof of History (PoH) consensus mechanism. It employs smart contracts specific to NFT management, including contracts for token metadata and auctions. This infrastructure supports minting and managing NFTs, streamlining the process with tools like Candy Machine for minting and Metaplex Aura for real-time data management.
What are the potential use cases for Metaplex?
Metaplex serves multiple industries, including digital art, gaming, and real-world asset tokenisation. It powers NFT communities like Mad Lads and gaming projects such as Star Atlas. Additionally, it has applications in tokenising real-world assets, with companies using it to bring commercial assets on-chain.
What is the history of Metaplex?
Founded by Stephen Hess, Metaplex was launched in 2021 and quickly became pivotal in Solana's NFT ecosystem. Since then, it has facilitated significant economic activity and introduced tools like Candy Machine. In 2022, it raised $46 million in funding and has continued to expand its technological infrastructure, optimizing NFT management and expanding into other blockchain territories.
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Frequently Asked Questions (FAQs)
What is the current price of Metaplex (MPLX)?
The Metaplex price is $0.3872359 AUD, representing a +6.52% from the day prior.
Where is the best place to buy Metaplex (MPLX) in Australia?
The best place to buy Metaplex (MPLX) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Metaplex (MPLX) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Metaplex (MPLX)?
The trading volume of Metaplex (MPLX) is $3.5M AUD in the last 24hrs, representing a +6.52% from the day prior.
How can I buy Metaplex (MPLX)?
Metaplex (MPLX) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Metaplex (MPLX)?
The current market cap of Metaplex (MPLX) is $285.8M AUD.
Can I convert Metaplex (MPLX) to cash?
Yes - With Coinstash you can convert your Metaplex (MPLX) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Metaplex (MPLX) are there?
The current circulating supply of Metaplex (MPLX) is 757.1M.
Is Coinstash a safe place to buy Metaplex (MPLX) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Metaplex (MPLX) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.