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Cryptocurrency News Articles

SCENE: The Next-Gen NFT Standard Transforming the Solana Metaverse

Mar 25, 2024 at 03:00 pm

SCENE, a groundbreaking NFT standard on Solana, is transforming the metaverse with its cost-effective minting and optimized network performance. It offers a reduced minting cost of 0.0037 SOL, an 80% decrease from the existing standard, making NFT creation more accessible. With its optimized network performance, SCENE Core alleviates concerns about Solana's congestion, enhancing the overall experience for creators and collectors in the metaverse.

SCENE: The Next-Gen NFT Standard Transforming the Solana Metaverse

The Metaverse's Next Frontier: A Dive into SCENE

SCENE is a new NFT standard for Solana that's poised to shake up the industry. Here's a breakdown of its key features:

1. Cost-Effective Minting

Is it too expensive to mint NFTs on Solana? Not anymore! SCENE Core boasts a significantly reduced minting cost of 0.0037 SOL, compared to 0.0220 SOL with the existing standard. That's a massive 80% reduction, making it more accessible for creators and collectors alike.

2. Optimized Network Performance

Worried about Solana's network congestion? SCENE Core has got you covered. It requires substantially less network compute, reducing demand and improving overall performance for the Solana ecosystem.

3. Streamlined for Developers

Developers rejoice! SCENE Core simplifies the NFT creation process by reducing the number of Solana accounts required from multiple to just one. This not only streamlines development but also enhances network performance.

4. Feature-Rich Extensibility

Despite its streamlined nature, SCENE Core doesn't compromise on functionality. It offers robust plugin support, allowing developers to integrate additional features such as built-in staking and asset-based point systems.

5. Advanced Collecting Mechanics

Get ready for a new level of collecting! SCENE Core introduces advanced mechanics like burn-to-mint functionality, allowing for the destruction of multiple NFTs (up to 70!) in a single transaction.

6. Enhanced Cross-Chain Compatibility

SCENE Core opens doors to interoperability. It enables improved compatibility between NFT standards on other chains through potential plug-ins from cross-chain projects like LayerZero and Wormhole.

7. Community-Driven Growth

The Metaplex Foundation is committed to empowering the community. They're allocating 50% of all-time fees from the Metaplex protocol to the Metaplex DAO treasury via the MPLX token. This means the community gets to decide how funds are used for further adoption.

8. A Hub for Artists, Creators, and Innovators

SCENE is more than just an NFT standard; it's a hub for digital assets, supporting artists, communities, Web3 games, real-world assets, and decentralized applications. The Metaplex Foundation believes it will fuel the next wave of innovation in the metaverse.

9. A Battle-Tested Community

SCENE Core is being deployed to devnet, with plans to launch on Solana mainnet by NFT NYC in early April. Claynosaurz and Tensor have already committed to supporting the standard, highlighting the strong community behind it.

10. The Future of Digital Assets

The Metaplex Foundation has high hopes for SCENE Core. They believe it will become the cornerstone of the next wave of digital asset innovation, offering endless possibilities for creators, collectors, and the entire Solana ecosystem.

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Other articles published on Nov 01, 2024