Mint Blockchain, the NFT-focused L2 powered by NFTScan and Optimism, commenced its construction in October 2023.
As a native Ethereum Layer 2 (L2) network, Mint Blockchain is developed based on the OP Stack solution, with its data availability (DA) secured on the Ethereum mainnet. Consequently, Mint Blockchain's underlying ledger security is fully reliant on Ethereum's network security consensus. Furthermore, as an L2 network, Mint Blockchain is entirely compatible with the Ethereum Virtual Machine (EVM), enabling seamless extension of projects from the Ethereum ecosystem to the Mint Blockchain network. Serving as an L2 network, Mint Blockchain significantly reduces the gas fee costs for on-chain interactions, providing effective scalability for the Ethereum ecosystem, thereby fostering its sustainable growth.
Backed by NFTScan Labs and Optimism, Mint Blockchain's core focus lies in the development of the NFT industry. NFTScan Labs, established in 2021, operates a Web3 developer organization comprising the NFTScan NFT explorer and Web3 developer platform. NFTScan currently boasts the world's largest NFT asset database, covering 24 blockchain networks and analyzing over 10 billion NFT onchain data. With a rich network of developer resources and NFT development experience in the NFT field, NFTScan Labs has laid a solid foundation for Mint Blockchain's prioritized development of the NFT ecosystem.
Moreover, in April 2024, Mint Blockchain joined the OP Superchain ecosystem, becoming an official member of Superchain. Simultaneously, Mint Blockchain serves as a strategic partner of the Optimism Foundation in the Asian market. The Mint ecosystem growth team collaborates with the Optimism Foundation to expand the Asian market and build the Superchain developer ecosystem. As a core strategic business of the Optimism Foundation, Superchain has a robust developer ecosystem and significant brand influence in the Ethereum L2 field. With Mint Blockchain joining Superchain, Mint Blockchain can efficiently carry out infrastructure construction and introduce outstanding ecological projects into the Mint ecosystem. It's worth mentioning that developers and project teams joining the Mint ecosystem can also receive Retro Funding support from the Optimism Foundation!
Mint Blockchain, as an L2 network prioritizes the development of the NFT ecosystem, focusing on the development and construction of NFT assets. It provides Web3 developers with one-stop underlying infrastructure services, including NFT asset issuance, trading, indexing, and storage. According to NFTScan data, there are currently 4,000 to 6,000 NFT projects issued on the blockchain every day, with an average of 5 million new NFT assets added daily. As the most active encrypted assets on the blockchain, NFTs are flourishing. However, MintCore's team has identified issues in the NFT field, such as low standardization of NFT asset protocols, NFT asset data security issues, non-standardized NFT metadata storage, and low efficiency in NFT data indexing. These issues are expected to pose significant obstacles to the NFT industry and ecosystem in the present or future. Therefore, the MintCore team aims to address these issues by building Mint Blockchain, providing a secure and stable decentralized network and interactive environment for NFTs throughout their entire lifecycle.
Currently, the MintCore development team is building open-source underlying infrastructure around NFTs on Mint Blockchain. This includes a series of NFT infrastructures such as NFT asset protocol standard libraries, NFT Launchpad, NFT Marketplace, NFTFi, NFTScan, NFT Indexer, and NFT Metadata distributed storage layers. Through these NFT infrastructures, key issues in the development and growth of the NFT industry and ecosystem are addressed, directly reducing the development threshold for developers on the Mint network. This encourages and promotes more developer teams to innovate and develop asset protocol standards around NFTs, facilitating the prosperity of the NFT industry.
Essentially, compared to FT assets, NFTs possess better scalability and programmability. NFT asset metadata can carry more information and data on the chain, significantly enriching the decentralized data in the blockchain ledger, making blocks more usable and creating more effective on-chain value. Moreover, NFT assets have diverse application scenarios, including RWA, AIGC, music, tickets, memberships, reputation networks, digital identities, encrypted art, blockchain games, entertainment industries, social media, copyright tracing, and digital brand marketing. NFTs can bring a new round of industrial revolution to many Web2 fields, greatly improving operational efficiency and value capture capabilities. In the near future, we will witness the Web3 digital industrial revolution led by NFTs, in which Mint Blockchain will participate and strive to promote its arrival.
Furthermore, NFTs, as a type of encrypted asset that is easier for the general public to understand and accept, can efficiently spread encryption technology and blockchain spirit to various parts of the world. This will effectively promote the popularization and practical application of blockchain technology globally. As a new type of encrypted asset, NFTs shoulder this responsibility, as well as Mint Blockchain's vision and mission: to enable everyone in the world to own NFT assets, making NFTs a new digital way of life for humanity!
According to the latest development roadmap on the Mint Blockchain website, the Mint Blockchain development schedule and significant milestones are as follows:
October 2023: Initiation of Mint Blockchain.
February 2024: Release of Mint Testnet.
April 2024: Mint Blockchain becomes an official member of the OP Superchain and a strategic partner of the Optimism Foundation in the Asian market.
May 2024: The number of Mint Forest player users surpasses 360,000. And monthly user visits to the Mint Blockchain website reach 3.2 million.
Q2 2024: Planned release of Mint Mainnet.
Q3 2024: Planned release of mainnet activities and ecological development strategies, as well as the release of the NIP asset protocol standard library.
Q2 2025: Planned release of decentralized sorting staking mining, realizing decentralized distribution of Mint Blockchain network sorting rewards.
Q4 2025: Planned release of decentralized NFT indexer and metadata distributed storage layer, providing developers with one-stop NFT underlying development services.
The MintCore team is committed to building Mint Blockchain into a decentralized network centered on serving NFT assets. From innovating underlying NFT asset protocol standards to NFT issuance, trading, settlement, building NFT asset metadata distributed storage layers, and finally to decentralized indexing of NFT asset data, Mint Blockchain aims to become the most distinctive and ecologically characteristic L2 network in the Ethereum ecosystem, providing comprehensive NFT development tools and infrastructure for Web3 developers!
If you are interested in the NFT industry, we welcome you to join the Mint Blockchain ecosystem and build NFT products and protocols, submit your project on Mint. If you are interested in investing in NFT assets, we invite you to follow the native projects and new NFT assets in the Mint Blockchain ecosystem, as well as the $MINT asset.
More exciting updates are in store, stay tuned…
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