Metaplex launched Genesis, a new protocol for custom token launches. It’s about to change how TGEs work on Solana. Here’s what’s coming: 🧵👇

Every new token launched on major platforms like Bonk, Pump, Believe, and Jup Studio brings revenue to the @metaplex protocol. 50% of all protocol revenue is used to buy back $MPLX for the DAO. In July alone, Metaplex generated $2.3M in fees now fueling August buybacks. (Weekly revenue also crossed $500k for the first time since May).