NFT Artist Beeple Joins Metaplex And Solana

NFT artist Mike Winkelmann alias Beeple. (Photo; Doc. Cryptetwork)

JAKARTA A popular NFT artist and creator, Michael Joseph Winkelmann or better known as Beeple, is reported to be joining the Solana and Metaplex networks. With the entry ofnegarale, it is hoped that it will attract more NFT collectors and creators.

The figure who is a graphic designer from the US is famous for his NFT works, namely Everydays: the First 5000 Days which sold for 69.3 million US dollars (around Rp1 trillion). The news of the joining of Beepple has made the price of the real Metaplex token, MPLX, up 2.3 percent in the last 24 hours.

In partnership with the Render Network, we are delighted to welcome Multiple to Metaplex and Solana, Hess said. He added that Multiple will "start its future debut of immersive streaming and 3D NFTs."

However, the official announcement will be released over the week, as details regarding Bepple joining Metaplex have not been disclosed in more detail. Solana's ecosystem struggles to remain between the top ten blockchains by market cap, currently in 10th place with an assessment of around 11,603,441,959 US dollars.

The Solana network has greatly outperformed NFT, GameFi, and Metaverse in decentralized financial markets. While the Metaplex network is the widest NFT protocol on the Solana blockchain, according to onchain data. Since its launch in August 2021, Metaplex has helped users print more than 20 million NFTs with more than 5.9 million unique collectors. Thus nearly 99.9 percent of the Solana NFT market counts.

The Metaplex network continues to build its system eco to help Solana get more users. In recent progress, Metaplex has announced the launch of an NFT compression feature to help reduce operating costs.

Meltex led Solana's next generation of NFTs by dramaticly utilizing on-chain compression to lower the cost of printing and storing digital assets, according to Metaplex announcements.

After bringing Multiple, the popular NFT artist, joined, the Metaplex network anticipates attracting more digital art collectors. In addition, Beeple has a history of creating astonishing content, including $69 million worth of artwork she sold earlier last year.

Solana's ecosystem has recorded a total increase in locked value in the past year. According to statistical data from the Defilama, Solana's network has a total locked value (TVL) of around US$915 million.

Solend, the protocol for crypto lending, is the leading DeFi at Solana with a TVL locked-in at around $281 million. Other important protocols include Marinade Finance, Lido, and Raydium.

Based on market data from Coingecko, when writing SOL was trading at Rp422,946. The price of SOL tokens has decreased by 17 percent in the last 24 hours.