PANews reported on September 16th that Metaplex released its August summary on the X platform, reporting that protocol revenue reached $2.5 million in August, a six-month high. This figure came from $2 million in token metadata revenue (80%), $422,000 in Genesis revenue (17%), and $71,000 in core business revenue (3%). Genesis revenue increased 340% month-over-month, primarily driven by the CARDS and PORTALS projects. In August, the company spent $1.1 million to repurchase 6.7 million MPLX tokens (0.7% of the total supply). The company also launched the Genesis Partner Network with ecosystem partners.PANews reported on September 16th that Metaplex released its August summary on the X platform, reporting that protocol revenue reached $2.5 million in August, a six-month high. This figure came from $2 million in token metadata revenue (80%), $422,000 in Genesis revenue (17%), and $71,000 in core business revenue (3%). Genesis revenue increased 340% month-over-month, primarily driven by the CARDS and PORTALS projects. In August, the company spent $1.1 million to repurchase 6.7 million MPLX tokens (0.7% of the total supply). The company also launched the Genesis Partner Network with ecosystem partners.
Metaplex: August agreement revenue reached $2.5 million, a six-month high
PANews reported on September 16th that Metaplex released its August summary on the X platform, reporting that protocol revenue reached $2.5 million in August, a six-month high. This figure came from $2 million in token metadata revenue (80%), $422,000 in Genesis revenue (17%), and $71,000 in core business revenue (3%). Genesis revenue increased 340% month-over-month, primarily driven by the CARDS and PORTALS projects. In August, the company spent $1.1 million to repurchase 6.7 million MPLX tokens (0.7% of the total supply). The company also launched the Genesis Partner Network with ecosystem partners.
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