Build Beyond: Metaplex and the Digital Asset Economy
summary
Metaplex reports 150,000 creators minting 22 million NFTs to 7 million collectors and over $1B in creator revenue and $3.5B in commerce, and introduces onchain compression that cuts minting costs (example: 1M NFTs for ~5 SOL vs ~12,000 SOL today, ~96% claimed reduction). Protocol adds token metadata extensions for onchain royalty enforcement via a royalties non‑fungible asset class and identity asset class, launches Fusion composable NFTs with token‑owned escrow (demo equips items and renders in 3D on chain) and a no‑code Creator Studio.
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chapters (9)
- 0:00Metaplex and digital asset economy
- 1:53Metaplex growth and creator impact
- 3:21NFTs as social networks and gaming assets
- 5:11Free and open digital asset economy
- 7:16Onchain compression for NFT minting
- 9:07Royalty enforcement for creators
- 12:34Fusion: composable NFTs for gaming
- 16:58Creator Studio: no-code NFT drops
- 18:45Render Network and 3D NFTs
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