On March 7, Mint Blockchain officially announced the completion of its Token Generation Event (TGE) for its native token $MINT. Simultaneously, $MINT was listed on multiple exchanges, including Gate.io, Bitget, MEXC, BingX, and BitMart.

As a key member of the Optimism Superchain, Mint Blockchain is actively working towards NFT asset standardization and improving liquidity, aiming to build a leading global NFT Layer2 solution.

A Layer2 Network Focused on NFTs

As an effective method of proving asset ownership, NFTs have been widely explored over the years and are now applied across various fields, including gaming, art, AI agents, AIGC, intellectual property, ticketing, membership systems, reputation systems, digital identity, social interactions, and brand marketing. However, challenges such as low standardization of NFT assets, lack of liquidity, and disorganized data copyright management continue to hinder the further development of this emerging technology.

To address these issues, leading NFT data service providers NFTScan Labs and the MintCore development team have launched Mint Blockchain, a decentralized network dedicated to the NFT sector. Mint Blockchain aims to solve these pain points and provide developers with a more secure, stable, and efficient development environment.

Mint Blockchain is an Ethereum Layer2 network built on the OP Stack, with development starting in October 2022 and its mainnet launching in May 2024. Its DA (Data Availability) layer relies on the Ethereum mainnet, ensuring security through Ethereum’s consensus mechanism. Since it is fully EVM-compatible, Ethereum developers can seamlessly scale their projects to Mint Blockchain.

As a Layer2 scaling network, Mint Blockchain significantly reduces gas fees and enhances the scalability of the Ethereum ecosystem. Furthermore, as a core member of the Optimism Superchain, Mint Blockchain is a strategic partner of the Optimism Foundation in the Asia-Pacific region, working together to drive Superchain’s development and brand expansion in Asian markets.

Beyond its deep collaboration with the Optimism Foundation, Mint Blockchain has also secured strong financial and project support from top-tier industry institutions. In May 2023, Mint Blockchain announced the completion of a $5 million seed funding round, with investments from Jsquare, SNZ, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, Whitelist Ventures, PANONY Group, and others. The funds will be used for global branding and NFT infrastructure development.

Five Core Modules Supporting the Full NFT Asset Lifecycle

As a decentralized network specializing in NFT assets, Mint Blockchain is committed to covering the entire lifecycle of NFT assets, from issuance and trading to on-chain data indexing. To achieve this, Mint Blockchain is actively developing a comprehensive open-source infrastructure with five core modules:

• Mint Studio: A specialized NFT creation tool for creators and developers, supporting the minting of text, images, audio, and video into NFTs across Mint Blockchain, Berachain, Base, Optimism, and BNB Chain.
• IP Layer: Provides intellectual property asset services for NFTs on over 20 blockchains, including Ethereum, Mint Blockchain, Solana, Berachain, Base, Optimism, and BNB Chain. This module allows users to register and price their NFT assets on-chain, enabling royalty income generation.
• Mint Liquid: A multi-chain liquidity solution for NFT and token trading, built using Superchain, ERC7683, Uniswap, and Across Protocol. It facilitates cross-chain liquidity aggregation and asset interoperability.
• RWA-Rareshop: The world’s first consumer-focused RWA NFT marketplace, utilizing the ERC7765 asset protocol standard. It supports crypto payments, privacy protection, pre-sales, gifting, and physical delivery, offering comprehensive Web3 solutions for global brands.
• NFT-AI Agent: Integrated with NFTScan, Mint Studio, IP Layer, and Mint Liquid, this module provides NFT image recognition, on-chain NFT data retrieval, token/NFT transactions, and NFT market trend analysis.

Through these features, new Web3 projects can use Mint Blockchain to issue Genesis NFTs, NFT POAPs, SBTs, and NFT PASSes, while Web2 brands can leverage it for NFT IP issuance, NFT ticketing, NFT digital identities, and RWA NFTs. Additionally, Mint Blockchain provides Web3 project teams with community bootstrapping solutions, offers one-stop NFT solutions for traditional enterprises, and enables influential individuals to launch their own NFT projects seamlessly.

Mint Blockchain aims to make NFTs the most unrestricted value carriers in the crypto world. Its vision is to use NFTs to connect global users with AI Agents, ensuring that every individual in human society—including both humans and AI Agents—can freely own NFT assets. To realize this vision, Mint Blockchain introduces an incentive mechanism at the economic model level to drive innovation in NFT asset protocols and consumer applications, with a focus on rewarding innovative asset protocol developers. The planned incentives include:

Earn NFTs: Encouraging creators to develop new NFT assets within the Mint ecosystem.

Mint Ecosystem Fund: Investing in and supporting native applications and developer teams within the Mint ecosystem.

ETH Gas Rewards: Providing ETH gas incentives to reward outstanding protocol standards and applications.

RetroPGF Mechanism: Offering long-term retrospective rewards for infrastructure builders in the Mint ecosystem.

The First SuperchainERC20 Standard Token with Innovative Staking and Restaking Mechanisms

On March 7, Mint Blockchain officially conducted the TGE for its native token $MINT and listed it on Gate.io. As the first utility token of the Superchain, $MINT adopts the SuperchainERC20 token standard with Optimism interoperability.

According to its tokenomics, the total supply of $MINT is 1 billion, with 82% allocated to community builders, early supporters, and ecosystem developers. Specifically: 50% to MintDAO; 20% to launch contributors; 12% for community airdrops. Another 18% of the total amount belongs to the MintCore team.

In the Mint Blockchain ecosystem, $MINT serves as the coordinating medium for all value flows. Its utility primarily manifests in governance, ecosystem incentives, staking and usage, and asset pricing. Specifically:

Governance & Incentives: $MINT incentivizes developers to build and contribute to ecosystem growth. Holders of $MINT have voting rights and can participate in Mint Network governance.

Native Currency & Staking: As the native cryptocurrency of Mint Blockchain, $MINT is the official asset used within the network and serves as the designated staking asset for network validators.

Asset Pricing & Transactions: $MINT is used for pricing and transactions when issuing Real-World Assets (RWA), NFTs, tokens, memes, and other assets on the Mint Blockchain.

Following the Token Generation Event (TGE) of $MINT, Mint Blockchain will implement a staking & restaking mechanism to decentralize the distribution of network transaction sequencing rewards. This makes Mint Blockchain the first Layer 2 network to decentralize network revenue distribution.

Users can participate in $MINT staking via the decentralized staking protocol MintPool, which will also support staking of ETH and NFT assets. Participants in the staking & restaking program will receive two layers of rewards:

Base Staking Reward: An annual yield of 15% in $MINT.

Restaking Reward: 50% of the net ETH revenue generated from Mint Blockchain’s sequencer fees.

This staking & restaking mechanism enhances the capital efficiency of $MINT, strengthens network security, stabilizes the ecosystem economy, and ensures the decentralized distribution of sequencer revenue rewards. Additionally, it enables the community to benefit from Mint Blockchain’s long-term growth, fostering consensus and active participation in ecosystem development.

MintDAO: Driving Community and Ecosystem Growth with Minty NFT

MintDAO is the decentralized autonomous organization (DAO) within the Mint Blockchain ecosystem. As mentioned earlier, MintDAO manages 50% of the total $MINT supply (500 million tokens) via a multi-signature wallet. Additionally, a portion of the ETH revenue generated by the Mint network sequencer, along with investment returns from the Mint Ecosystem Fund, will be allocated to the MintDAO treasury.

As the Mint ecosystem grows, MintDAO’s multi-signature governance will be progressively decentralized, granting authority to core ecosystem organizations and builders to enable decentralized governance.

In terms of ecosystem economics, MintDAO is responsible for early liquidity support for $MINT and providing staking rewards. For brand promotion and community growth, MintDAO is driving community expansion through MintHub, promoting Mint Blockchain globally, increasing brand visibility, and boosting NFT adoption. In terms of ecosystem development, MintDAO directly manages the Mint Ecosystem Fund, invests in innovative projects and protocols, and organizes online and offline developer events.

With its strong foundation in NFT community culture, Mint Blockchain is actively building a community-driven ecosystem around its branded IP, “Minty NFT Collection.” The collection is being distributed to valuable community participants, NFT industry Key Opinion Leaders (KOLs), and professionals to foster engagement and adoption.

During Token2049 in Singapore this September, Mint Blockchain will host offline community events centered around the Minty IP, distributing the first batch of physical merchandise to attendees. In the future, the community plans to expand into multi-brand collaborations, launching co-branded products, events, and commercial ventures. The goal is to gradually commercialize Minty NFT Collection and establish it as a blue-chip NFT asset.

With the official launch of $MINT, Mint Blockchain is accelerating the development of decentralized NFT infrastructure and promoting NFT asset protocols and consumer applications. Through technological innovation, ecosystem incentives, and community engagement, Mint Blockchain aims to make NFTs the most unrestricted value carriers in the crypto world, bridging global users with AI Agents.

Looking ahead, Mint Blockchain will continue to expand application scenarios, deepen the integration of NFT technology with real-world assets, and drive more innovation and opportunities within the global NFT ecosystem.

Disclaimer:

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