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Home›Open Source Software›Largest NFT Auction Provider on Solana Offers Free Open-Source Marketplace Tools for Creatives

Largest NFT Auction Provider on Solana Offers Free Open-Source Marketplace Tools for Creatives

By George T. Sprague
March 24, 2022
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The Holaplex Marketplace Standard enables brands and creatives to create marketplaces that belong to them

CAD with multiple collections

CAD with multiple collections

SOLANA BEACH, Calif., March 24, 2022 (GLOBE NEWSWIRE) — Holaplex, a creator-owned NFT storefront community, today announced a comprehensive open-source marketplace standard to replace closed-source, enterprise-controlled marketplaces on Solana. Using the Holaplex NFT Marketplace standard, any brand, collective, DAO, or individual can deliver the full NFT Marketplace experience unique to their brand, curation, values, or strategy.

The Holaplex NFT marketplace standard allows creators to easily launch branded and comprehensive marketplaces with no coding required. The standard Holaplex Marketplace comes with integrated access to the Holaplex indexer which populates all Solana NFTs in one place by simply adding the creator’s wallet address. Once added, collectors can easily sort by attributes and collections from their favorite creations.

The Holaplex NFT marketplace standard uses the Metaplex Auction House Contract, a zero-escrow listing system. This means that the NFTs remain in the owner’s wallet until they are sold and do not require the NFT to move into a smart contract vault. Collectors can make and accept offers or list at a fixed price.
The company’s open source and blockchain model gives complete custody and control to the market operator. Not only are creators opening up their NFTs, but they are finally owning the platform on which their NFTs and collectors operate.

“At Jungle Cats, we believe that open source, 100% creator-owned marketplaces are the future of NFTs on Solana. By using the Holaplex Marketplace standard, we have unlocked unlimited potential for our project and our community through the open, non-extractive Ethos offered by the platform. As one of the most popular NFT projects on Solana, we felt compelled to push forward and encourage every creator, collective and community to support the Holaplex Marketplace standard – WAGMI KI, Founder of jungle cats

During the public beta, anyone interested in launching their own full-featured NFT Marketplace on Solana should join the Holaplex Community Discord.

“The Holaplex NFT Marketplace Standard was created in response to community demand to end aftermarket extractive practices and empower creators with open source tools to control their destinies. Community members have full control over their collections, which includes setting transaction fees.” – Alex Kehaya, co-founder of Holaplex Community.

Today, NFT creators and collectors are overwhelmed with an onslaught of NFTs that are either irrelevant, directly competitive, or crudely derivative. The Holaplex Marketplace Standard resolves brand confusion and puts control back in the hands of NFT creators rather than centralized, closed marketplaces.

About Holaplex, Inc.

Holaplex, Inc. is the original open source software provider to the Holaplex community of NFT creators and collectors. We’re building a decentralized, open source, permissionless future for the world’s best creatives. Holaplex allows users to mint, list and buy NFTs on the Solana Blockchain without the need to code. As an alternative to closed and private NFT platforms, the open-source decentralized platform Holaplex supports a community of users empowered to govern themselves and design flexible solutions.

Find us on Twitter, Discord and Instagram.

CONTACT:

[email protected]

Related Images

Image 1: DAO with several collections

This content was posted through the press release distribution service on Newswire.com.

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