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One of the important components of Metaplex is the Candy Machine; this tool facilitates NFT minting operations at a specific date and time. It integrates with Arweave to ensure permanent storage of NFTs. This integration guarantees that the artwork will be accessible forever. Additionally, it provides the opportunity to create local marketplaces where users can buy and sell their NFTs.
Metaplex provides easy minting opportunities for artists and buying and selling opportunities for collectors. When combined with Solana's high transaction speed and low costs, it has established a strong position in the NFT world. Metaplex aims to create a decentralized ecosystem and offer innovative solutions in the NFT space. With these features, Metaplex has become a platform that attracts the attention of artists and collectors.
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