Metaplex has more revenue than all the other IP protocols combined
Mack 🦾
Mack 🦾19.8. klo 06.03
Metaplex was early to the revenue meta based on the common sense belief that protocols need to be sustainable in order to grow The project was also relatively early to the buyback meta as a way of aligning the protocol’s fundamentals with the token $20mm+ of revenue has been used to buyback 8% of total $MPLX supply for the DAO, which now holds 24% of total supply (and growing) Weak hands have been retired as the community transitions from early backers to long term believers And with the introduction of Genesis, the protocol has a new source of revenue that has the potential to surpass its token and NFT standards revenue over time The future is bright. Believe in something
27,38K