Metaplex is a protocol for the creation and use of digital assets. Metaplex has utility programs such as Fusion Packs,Entangled and Encrypted NFTs. There are four components of the Metaplex protocol. 2. Multiple infrastructural protocols are included in the Metaplex Program Library to provide on-chain function for the creation, sale, purchase or trading of NFTs. There are 3. The complexity of Metaplex makes it hard for many to get involved in the project. There are 4. The Metaplex Protocol has a utility and governance token called MPLX.
