What is Mintbase? The first free NFT Marketplace on NEAR
Mintbase is a global platform and marketplace – like Amazon. It allows anyone, including those with less technical backgrounds, to create their own digital assets verified on multiple blockchains.
What is Mintbase?
Mintbase is a blockchain platform for issuing and exchanging NFTs. Mintbase tokens are not the same as other tokens (usually digital art tokens). Users can generate and sell NFT assets on the Mintbase platform. NFTs allows users to create a variety of digital goods. These assets could be event tickets, crypto art, or anything else.
Mintbase started by developing their application on the Ethereum platform, but after a while of operation, they realized that minting NFT on Etherium costs customers a lot of fees along with long transaction times. Mintbase decided to extend the platform over to Near Protocol.
Outstanding Features
What is the project trying to achieve?
Mintbase allows nearly anyone with internet access to create NFTs and sell them on Mintbase’s NFT marketplace or other NFT marketplaces like OpenSea. Minter can create a smart contract and limit the transferability of minted tokens, which helps prevent fraud or illegal transfer of unique items. Mintbase is focused on creating a unique NFT creation experience, which is why Mintbase supports a wide variety of digital assets. This is what sets Mintbase apart from other competing platforms, which focus on a particular NFT category.
What is the unique selling point?
Mintbase provides a platform that provides the tools and environment to create and trade NFTs.
As a protocol built on top of the NEAR Protocol, Mintbase enjoys the advantages of dApps running on top of NEAR, such as low transaction fees, high transaction speeds, and infinite scalability. On Mintbase, you can create all kinds of NFTs, including music, photos, event tickets, and membership…
Mintbase’s NFT selling mechanism is called Silent Auction.” This means that the people bidding on the same NFT will not know the price the other people paid for the NFT, and whoever bids the highest will own the painting.
Mintbase is a trading platform that connects various organizations to exchange digital assets. However, it will initially focus on two use cases in prominent industries: rewards and ticketing.
- Reward: By allowing any type of organization to develop its own NFTs, Mintbase allows them to design their own rewards for programs without investing a lot of money. Only a peer-to-peer network allows these digital assets to travel freely throughout the cryptocurrency ecosystem.
- Ticketing: Mintbase may save ticket firms a lot of money by removing credit card costs, which can be as high as 3.5 percent + $0.20 USD for each ticket type.
Mintbase Wallet: The platform that supports the creation of wallets to protect NFTs for users. One of the most powerful aspects of blockchain is that you can choose any wallet to store your digital assets. It’s very easy to create an app that can store artwork or tickets, but it’s even more interesting that those assets can exist and be moved into any wallet created by someone else. without the permission of the source.
Roadmap
- Build out + Hire Developer Relations Team
- Stablecoins options (USN, Terra, nUSDC)
- Mintbase Tokenomics
- Interoperability (outside Mintbase contract factory immediate listings)
- Widening our explorer for redeeming physical goods or services through burning/transferring NFTs
- Improving the auctions UI/UX (the designer is on this now)
- Gamification of the market (store collaboration transaction volume will be the star)
- Increasing developer awareness of our tooling
- Search and algorithms to lift up purposeful content via decentralized moderation
- Mintbase branding facelift
- DeFi ecosystem integrations (staking)
- Market filtering (latest auctions, best prices, most purposeful)
- Feeds page
Technical Data
Tokenomics
Currently, there is no information about the project’s token launch.
Market and Community
Community
Community information and support channels of Mintbase:
Backers
Team
Nate Geier – CEO: In 2018, Nate joined any blockchain community he could find around the world, including Lisbon, Paris, Budapest, Croatia, Bali, Sumatra, Singapore, Bangkok, Chiang Mai, Prague, Budapest, Cape, and now Berlin. Nate also won first place for Marketplace at the Devcon4 Status Hackathon.
Carolin Wend – Business Relations Manager: Having lived and worked in Indonesia, the UK, Spain, and Germany, Carolin has worked in media and business with development roles in a number of startups. As a research assistant at the German Parliament, she is responsible for consulting with lobbyists and publishing research papers on blockchain and technology-related topics.
Partners
Mintbase also cooperates with many other partners such as Woodstockfund, NEARProtocol, CaoArmand, etc.
Investors
Mintbase raised more than $1M through the investment round. Sino Global leads this investment round – a venture capital fund from China and with the participation of D1 Ventures, Block Oracle Capital, Arweave and angel investors, to help Mintbase stand out from the crowd. a growing group of NFT platforms.
Most recently, Mintbase announced a $12.5 million Series A funding round, of which $7.5 million was in venture capital (VC), and $5 million was from the giant NEAR Protocol, led by Woodstock Fund. In addition to the “top” backers such as Coinbase Ventures, Libertus Capital, Sino Global Capital, Animoca Brands, Fund Basic Labs, Figment, TRGC,… Mintbase will use the capital to invest in developers and entrepreneurs pioneering the new digital economy.
Verdict
Mintbase is one of the two largest NFT exchanges on the Nearprotocol platform, with the majority of the minted NFTs being of very good quality and coming from many influential artists and KOLs all over the world. If NFT erupts in the near future, I believe Mintbase will be one of the main cards of the NEAR system.
Find more information about Mintbase
Website: https://www.mintbase.io/
Whitepaper: https://docs.mintbase.io/
Twitter: https://twitter.com/mintbase
Telegram: https://t.me/mintbase
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Ken. N.
Coincu Ventures
Author
NFT
What is Mintbase? The first free NFT Marketplace on NEAR
Mintbase is a global platform and marketplace – like Amazon. It allows anyone, including those with less technical backgrounds, to create their own digital assets verified on multiple blockchains.
What is Mintbase?
Mintbase is a blockchain platform for issuing and exchanging NFTs. Mintbase tokens are not the same as other tokens (usually digital art tokens). Users can generate and sell NFT assets on the Mintbase platform. NFTs allows users to create a variety of digital goods. These assets could be event tickets, crypto art, or anything else.
Mintbase started by developing their application on the Ethereum platform, but after a while of operation, they realized that minting NFT on Etherium costs customers a lot of fees along with long transaction times. Mintbase decided to extend the platform over to Near Protocol.
Outstanding Features
What is the project trying to achieve?
Mintbase allows nearly anyone with internet access to create NFTs and sell them on Mintbase’s NFT marketplace or other NFT marketplaces like OpenSea. Minter can create a smart contract and limit the transferability of minted tokens, which helps prevent fraud or illegal transfer of unique items. Mintbase is focused on creating a unique NFT creation experience, which is why Mintbase supports a wide variety of digital assets. This is what sets Mintbase apart from other competing platforms, which focus on a particular NFT category.
What is the unique selling point?
Mintbase provides a platform that provides the tools and environment to create and trade NFTs.
As a protocol built on top of the NEAR Protocol, Mintbase enjoys the advantages of dApps running on top of NEAR, such as low transaction fees, high transaction speeds, and infinite scalability. On Mintbase, you can create all kinds of NFTs, including music, photos, event tickets, and membership…
Mintbase’s NFT selling mechanism is called Silent Auction.” This means that the people bidding on the same NFT will not know the price the other people paid for the NFT, and whoever bids the highest will own the painting.
Mintbase is a trading platform that connects various organizations to exchange digital assets. However, it will initially focus on two use cases in prominent industries: rewards and ticketing.
- Reward: By allowing any type of organization to develop its own NFTs, Mintbase allows them to design their own rewards for programs without investing a lot of money. Only a peer-to-peer network allows these digital assets to travel freely throughout the cryptocurrency ecosystem.
- Ticketing: Mintbase may save ticket firms a lot of money by removing credit card costs, which can be as high as 3.5 percent + $0.20 USD for each ticket type.
Mintbase Wallet: The platform that supports the creation of wallets to protect NFTs for users. One of the most powerful aspects of blockchain is that you can choose any wallet to store your digital assets. It’s very easy to create an app that can store artwork or tickets, but it’s even more interesting that those assets can exist and be moved into any wallet created by someone else. without the permission of the source.
Roadmap
- Build out + Hire Developer Relations Team
- Stablecoins options (USN, Terra, nUSDC)
- Mintbase Tokenomics
- Interoperability (outside Mintbase contract factory immediate listings)
- Widening our explorer for redeeming physical goods or services through burning/transferring NFTs
- Improving the auctions UI/UX (the designer is on this now)
- Gamification of the market (store collaboration transaction volume will be the star)
- Increasing developer awareness of our tooling
- Search and algorithms to lift up purposeful content via decentralized moderation
- Mintbase branding facelift
- DeFi ecosystem integrations (staking)
- Market filtering (latest auctions, best prices, most purposeful)
- Feeds page
Technical Data
Tokenomics
Currently, there is no information about the project’s token launch.
Market and Community
Community
Community information and support channels of Mintbase:
Backers
Team
Nate Geier – CEO: In 2018, Nate joined any blockchain community he could find around the world, including Lisbon, Paris, Budapest, Croatia, Bali, Sumatra, Singapore, Bangkok, Chiang Mai, Prague, Budapest, Cape, and now Berlin. Nate also won first place for Marketplace at the Devcon4 Status Hackathon.
Carolin Wend – Business Relations Manager: Having lived and worked in Indonesia, the UK, Spain, and Germany, Carolin has worked in media and business with development roles in a number of startups. As a research assistant at the German Parliament, she is responsible for consulting with lobbyists and publishing research papers on blockchain and technology-related topics.
Partners
Mintbase also cooperates with many other partners such as Woodstockfund, NEARProtocol, CaoArmand, etc.
Investors
Mintbase raised more than $1M through the investment round. Sino Global leads this investment round – a venture capital fund from China and with the participation of D1 Ventures, Block Oracle Capital, Arweave and angel investors, to help Mintbase stand out from the crowd. a growing group of NFT platforms.
Most recently, Mintbase announced a $12.5 million Series A funding round, of which $7.5 million was in venture capital (VC), and $5 million was from the giant NEAR Protocol, led by Woodstock Fund. In addition to the “top” backers such as Coinbase Ventures, Libertus Capital, Sino Global Capital, Animoca Brands, Fund Basic Labs, Figment, TRGC,… Mintbase will use the capital to invest in developers and entrepreneurs pioneering the new digital economy.
Verdict
Mintbase is one of the two largest NFT exchanges on the Nearprotocol platform, with the majority of the minted NFTs being of very good quality and coming from many influential artists and KOLs all over the world. If NFT erupts in the near future, I believe Mintbase will be one of the main cards of the NEAR system.
Find more information about Mintbase
Website: https://www.mintbase.io/
Whitepaper: https://docs.mintbase.io/
Twitter: https://twitter.com/mintbase
Telegram: https://t.me/mintbase
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Ken. N.
Coincu Ventures
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