Flash News: OKX Marketplace Now Supports Zero-Fee Metaplex Core NFT Trading
April 30 2024 - 10:30PM
OKX, a leading Web3 technology company, has issued updates for May
1, 2024.
OKX Marketplace Now Supports Zero-Fee Metaplex Core NFT
Trading
OKX today announced that it now supports the Metaplex Core token
standard. With this addition, users can trade all Metaplex Core
NFTs with zero fees on OKX's multi-chain Marketplace.
Metaplex Core is the latest NFT standard introduced by Metaplex,
a Solana-powered 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, efficiently tracking the owner in line
with the needs of an NFT standard;
- Enforced royalties by default, enhancing the profitability for
creators;
- Unprecedented cost efficiency, offering some of the lowest
minting costs compared to other available alternatives and saving
renting fees for unnecessary accounts;
- Low compute 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 reach out to the OKX team, who are happy
to help and can provide the resources and guidance necessary to
make the most of this new standard.
For more information, please visit the OKX Support Center.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3,
OKX provides 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 which gives users access to over 85 blockchains while
allowing them to take custody of their own funds. The wallet
includes MPC technology which allows users to easily recover access
to their wallet independently, removing the need for traditional,
'written down' seed phrases. In addition, OKX Wallet’s account
abstraction-powered Smart Account enables users to pay for
transactions on multiple blockchains using USDC or USDT, and
interact with multiple contracts via a single transaction.
- DEX: A multi-chain, cross-chain decentralized exchange
aggregator of 400+ other DEXs and approximately 20 bridges, with
200,000+ coins and more than 20 blockchains supported.
- NFT Marketplace: A multi-chain, zero-fee NFT marketplace that
gives users access to NFT listings across seven top-tier
marketplaces including OpenSea, MagicEden, LooksRare and Blur.
- Web3 DeFi: A powerful DeFi platform that supports earning and
staking on about 70 protocols across more than 10 chains.
OKX partners with a number of the world's top brands and
athletes, including English Premier League champions Manchester
City F.C., McLaren Formula 1, The Tribeca Festival and Olympian
Scotty James.
As a leader building innovative technology products, OKX
believes in challenging the status quo. The company recently
launched a global brand campaign entitled, The System Needs a
Rewrite, which advocates for a new paradigm led by Web3
self-managed technology.
To learn more about OKX, download our app or visit: okx.com
Disclaimer