Metaplex Launches New NFT Standard Cutting Minting Costs by 80% and Enabling Advanced Features

• Metaplex launches new NFT standard called Metaplex Core that cuts minting costs by over 80% and reduces blockchain congestion • Core streamlines the NFT creation process down to one Solana account instead of several • The standard enables advanced NFT functionalities like burn-to-mint and collection-level changes • 50% of all-time Metaplex protocol fees will go to the MPLX token DAO treasury for community governance • Claynosaurz, Tensor, and other projects plan to use Core for upcoming NFT launches and products