founder @metaplex

Joined February 2011
537 Photos and videos
My dumb take: the review/analyze part of the brain is getting overloaded as weโ€™re spending less time generating and constructing new ideas and more time commenting on AI drafts. Solution (sort of) is get more greedy with attention. Trying to get completely off algo feeds.
my friends are all feeling extremely productive and also extremely drained with the latest coding models. this makes me feel like something is wrong, and also that there might be a big opportunity. does anyone have any strategies they use to make it feel better day-to-day?
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Stephen reposted
Now $MPLX is officially live for trading on Upbit W (but in Korean)
Last night @Official_Upbit announced trading support for $MPLX is coming for BTC and USDT. Support will start July 4th at 10:00 KST bringing $MPLX to the community of the largest exchange in South Korea.
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Stephen reposted
Korea has been a focus for us all year due to: - largest retail crypto trading base in the world - deep institutional interest in bringing new RWAs onchain - regulatory tailwinds solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m is now live on Upbit and Bithumb Donโ€™t call it a comeback
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The idea that a company, especially a consumer one, should only take institutional capital until itโ€™s worth a trillion dollars is insane. OpenAI talking about now giving equity to the government means they know they messed this up. Wealth tax populism, limits on data center build out, regs on automated systems are all worse because the public has had no chance to see upside, while the execs run around talking about the end of labor. The overriding reason though for this is that itโ€™s easier. You make a lap through existing and new funds in a couple weeks and get back to work. That gap is the opportunity. And the ability to then replicate that system globally and compliantly is when it becomes transformative.
Startup equities @metaplex
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July 4th solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m goes live on Koreaโ€™s largest exchange ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฐ๐Ÿ‡ท
Last night @Official_Upbit announced trading support for $MPLX is coming for BTC and USDT. Support will start July 4th at 10:00 KST bringing $MPLX to the community of the largest exchange in South Korea.
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If there was ever a time to run it back on crypto gaming .. The main issue was always the capital, expertise and time needed to build a compelling game. Great storytelling, creative and game design are still incredibly tough but thatโ€™s exactly where indie devs excel. Imagine a reboot of 2021 style NFT run but the characters are actually playable day 1.
Fable, make a low-res flight simulator in the style of @levelsio's viral thing from last year. Oneshotted:
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Looking forward to this one! If youโ€™re in Bangkok, drop us a line. @BitkubOfficial is the largest exchange in Thailand and one of the sharpest teams in crypto. Weโ€™ll be hosting a meetup July 24 to talk Solana, Metaplex, the future of onchain markets and AI powered trading.
Let's #BEMETA at Bitkub x Metaplex โ€” Metaplex BKK!! Get ready for an exclusive meetup to dive into the world of builders and creators โ€” co-hosted by Bitkub and @metaplex , a blockchain protocol built as the foundation for Solana's entire token ecosystem. . ๐ŸŽ Exclusive Merch & Giveaways ๐ŸŽ™๏ธ Fireside Chat: Metaplex Founder tackling the burning question ๐Ÿš€ Metaplex Ecosystem Showcase: Let's build on Metaplex ecosystem! ๐Ÿค Free-Flow Networking: Just enjoy the night! . Join us on July 24, 2026 Time: 6 PM - 9 PM Venue: ZillaSpace, FYI Center Tower 2, 11th Floor . Agenda 18:00 - 19:00 | Registration 19:00 - 19:10 | Keynote Speech by Stephen Hess, Founder, Metaplex Protocol 19:10 - 19:30 | Welcome Speech from Sugrit Puthaviriya, Member of the Board of Directors, Bitkub Academy 19:30 - 19:50 | Fireside Chat: Bitkub x Metaplex โ€” "Why Thailand, Why Now?" 19:50 - 20:10 | Metaplex Ecosystem Showcase 20:10 - 20:30 | Quiz Activities: Get to Know Metaplex 20:30 - 21:00 | Networking Session . Register for free! >>> luma.com/0hs7quqi . Don't miss this opportunity to connect with Solana builders and the Web3 community . #BitkubxMetaplex #BitkubExchange #Bitkub #Metaplex "Cryptocurrency and digital token involve high risks; investors may lose all investment money and should study information carefully and make investments according to own risk profile."
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Stephen reposted
Over the last few years, Metaplex protocol revenue has been quietly powering $MPLX buybacks for the DAO 0.3-1% of the total supply every month for the last 24 months. Now up to 28% of the total supply being held back by the DAO Haven't zoomed out on this data for awhile but it's been steady and consistent, bull or bear
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Stephen reposted
ไปŠๅคฉ็ˆฌๅฑฑๅชๅšไธ€ไปถไบ‹ solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m
I was offered a full-time salary to do marketing for metaplex But Iโ€™m not a sell out Especially not for the protocol that has powered the majority of assets ever created on Solana with 50% of rev going to $MPLX buybacks for the DAO (which was just listed on Upbit and Bithumb)
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Stephen reposted
Short list of tokens to be on Not only that, but this data includes only the DAO solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m buybacks and not additional buybacks that were done by Metaplex Foundation Few
Tokenomist: 8 Crypto Projects' Buybacks Outpaced Supply Growth Since January, with HYPE Buybacks Reaching $283M According to Tokenomist, since January 2026, eight crypto projects have seen token buybacks outpace growth in circulating supply: MET, PUMP, GMX, RLB, MPLX, HYPE, LIT, and AAVE. Meteora (MET) had the largest relative impact on circulating supply, with supply rising only 13% while buybacks equaled 71% of its January supply. Hyperliquid (HYPE), meanwhile, recorded the largest buyback by dollar value at $283 million, equal to 3% of supply, while its supply fell 11% over the same period.
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Stephen reposted
๐Ÿ“ข New Listing ๐Ÿš€ ๋ฉ”ํƒ€ํ”Œ๋ ‰์Šค(#MPLX) ์›ํ™” ๋งˆ์ผ“ ์ถ”๊ฐ€ ์•ˆ๋‚ด ๐Ÿš€ $MPLX/KRW will be listed on #Bithumb! ๐Ÿ”ธ Details : feed.bithumb.com/notice/1653โ€ฆ #Bithumb #MPLX @metaplex
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Stephen reposted
Fully token aligned, no equity, no leakage or value accrual questions 50% of protocol fees goes to buybacks New products loading for 2H'26 Metaplex will simply buy all of your solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m until there's none left
solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m now live on Upbit and Bithumb! ๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿ‡ฐ๐Ÿ‡ท Excited to continue our work in Korea growing the @solana eco and bringing new global markets onchain.
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solana:METAewgxyPbgwsseH8T16a39CQ5VyVxZi9zXiDPY18m now live on Upbit and Bithumb! ๐Ÿ‡ฐ๐Ÿ‡ท๐Ÿ‡ฐ๐Ÿ‡ท Excited to continue our work in Korea growing the @solana eco and bringing new global markets onchain.
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RT @Official_Upbit: ์‹ ๊ทœ ๋””์ง€ํ„ธ ์ž์‚ฐ ๋ฉ”ํƒ€ํ”Œ๋ ‰์Šค(MPLX) ๊ฑฐ๋ž˜์ง€์› ์•ˆ๋‚ด โœ… ์ง€์› ๋งˆ์ผ“: BTC, USDT ๋งˆ์ผ“ ๐Ÿ“… ๊ฑฐ๋ž˜์ง€์› ๊ฐœ์‹œ ์‹œ์  : 2026-07-03 15:00 KST ์˜ˆ์ • ๐Ÿ”—๊ณต์ง€ ๋ฐ”๋กœ๊ฐ€๊ธฐ: t.co/ky9โ€ฆ
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Honestly surprised Claude and Codex donโ€™t have full issue tracking systems at this point with agents and humans working side by side. That seems like the natural next system to bubble in. Weird race right now where every one of these enterprise apps is integrating AI co-pilots as fast as they can to keep users engaged while hyperscalers copy their feature sets. And on the other side, Nvidia and the other chip companies are trying to commoditize models while the hyperscalers build their own chips. Open models and inference aggregators are going to have a huge year.
Claude and OpenAI are going to build Slack competitors natively into their products
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If I was trying to break into tech right now as a new grad I would be getting really good at deploying open weight models with open source harnesses and agent frameworks This will likely be one of the biggest themes in enterprise software over the next year
Introducing ghost: the first fully unrestricted, fully private, general-purpose harness. A real agent in your terminal you can point at anything -- commands, files, code, the web -- and no one, not even the model provider, ever sees a word. (1/n)
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"loop engineering" is an A rebrand of "management"
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Everything is token DeFi, memecoins, protocols, networks, RWAs, tokenized stocks, prediction markets, perps, even LP positions Metaplex at its base layer is an ontology for tokens that powers thousands of products and markets
real question: is tokenization crypto biggest invention? cause the more you look at it, the more everything that works is just a different form of it
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What's awesome about open agent registries for research is that in a single prompt, you can orchestrate to every major model agents with their own specialized system prompts and toolchains instead of flipping through half a dozen apps and manually synthesizing These types of systems, infused with open weight models and enabled via crypto payments, will beat closed systems on price and quality
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Massive. Crypto is the key unlock needed to exit the hyperscaler era and build into a truly open agentic economy The intelligence explosion will happen on crypto rails because permissionless systems are the only ones fast and reliable enough to move at agent speed
We're opening the waitlist for our Monetization Gateway, which will allow you to charge for any web page, dataset, API, or MCP tool behind Cloudflare. The charges will settle in stablecoins over the x402 open protocol. cfl.re/4eUFdt6
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