Mint Blockchain, a Layer 2 (L2) network on Ethereum tailored for the NFT industry, successfully concluded a $5 million seed funding round. Notable investors, including Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, and PANONY Group, participated in the round.
Individual investors like Victor, founder of Smart Token Labs, and Mike, founder of GoPlus, also joined. The team will channel the capital they raised towards global market brand building and the development of NFT infrastructure.
Mint Blockchain launched the Mint mainnet in May 2024 after the successful seed round. The mainnet already boasts over 400,000 active users globally and supports more than 80 applications. NFTScan Labs and the MintCore developer team collaboratively launched Mint Blockchain, an Ethereum L2 network.
Mint Blockchain, built on the OP Stack, uses an open-source development stack maintained by the Optimism Collective. This EVM-compatible network allows developers within the Ethereum ecosystem to extend their projects seamlessly to Mint Blockchain.
Mint Blockchain significantly reduces gas fees for on-chain interactions and aims to provide effective scalability for the Ethereum ecosystem.
As a member of the OP Superchain and a strategic partner of the Optimism Foundation in the Asia-Pacific region, Mint Blockchain positions itself well to offer these benefits. These services include NFT asset issuance, trading, indexing, storage, and other related functions.
The team behind Mint Blockchain commits to advancing the decentralization of the network, ensuring a safe and stable decentralized environment for all users and builders.
Mint Blockchain offers innovative incentives from the underlying protocol standards of NFT assets. It supports the issuance, transaction, and settlement of NFTs, the construction of NFT asset metadata storage layers, and decentralized indexing of NFT asset data. These features position Mint Blockchain as a distinctive Ethereum L2 network.
Mint Blockchain stands out for its strong positioning, offering Web3 developers robust NFT development tools and infrastructure. These tools and infrastructure help developers elevate their applications to the next level.
About Mint Blockchain
NFTScan Labs and Optimism power Mint Blockchain, which dedicates itself to promoting and propelling innovation in NFT standards. Mint Blockchain guides developers to explore and innovate with NFT assets across multiple application scenarios.
Mint Blockchain aims to construct a decentralized network where everyone can freely participate in creating NFT standards and issuing NFT assets. This approach ultimately expands NFT application scenarios based on innovative NFT standards.
For more information, users can visit Mint Blockchain’s Official Website or follow them on Twitter.
Disclaimer
FAQ
Mint Blockchain is a Layer 2 network on Ethereum designed for the NFT industry. It offers reduced gas fees and enhanced scalability for developers within the Ethereum ecosystem.
The $5 million seed funding will be used for global market brand building and the development of NFT infrastructure.
Mint Blockchain offers NFT asset issuance, trading, indexing, storage, and other related functions. It also provides robust development tools and infrastructure for Web3 developers.
