for the longest time, i always thought Metaplex was just a dApp that handled NFT data storage well turns out i was DEAD wrong and @metaplex is actually kind of the heart and soul of Solana; every time a new token is created on Letsbonk, Pump, Believe, Jup etc - metaplex makes revenue on ALL of it. they're responsible for over 18 MILLION fungible tokens on Solana I’m really stoked to be partnered with Metaplex not only for this reason but bc they’re also building something right now that’s flying a bit under the radar called “Genesis” It’s a protocol for launching tokens but it’s not a launchpad - it’s a tool that helps serious projects do their token launches. I’m not talking the next daily runner, these are REAL projects which open up so many possibilities for presales, vesting, customizable LP’s whitelists and airdrops for those of you who missed it, we saw @defituna sell out their presale on genesis within FOUR minutes!!! they’re the first of a bunch of projects lined up to also have their launch powered by Genesis - with a few coming up being @_portals_ , @pipenetwork , @playsolana , @Collector_Crypt , @goatedcom , @playonshaga && more now the REAL question - why should you care? well besides just being educated on what’s happening on solana, 50% of all revenue from Metaplex protocols go to $MPLX buybacks for the DAO. just last month, Metaplex generated $1.7M USD in fees and 1.1M went towards buybacks, meaning nearly 1% of the total supply was REPURCHASED 🤯🤯 this is kind of crazy and makes me feel like Metaplex is flying way under the radar. I’m gonna be talking about Metaplex for a while and covering all of their updates but man they are REALLY on fire right now