CEO Says: ‘NFTs Are Dead’, But a ‘NFT Renaissance’ Could Revive Them
What happened to NFTs? Here’s the answer — from the CEO of a leading NFT market. He calls it the ‘NFT Renaissance’ and he’s floating the bill—is it going to work?
Table of Contents
- Who is Zach Burks, and why listen to anything he has to say?
- The rise and downfall of NFTs.
- Are NFTs Dead? Cold Hard Facts.
- The Failure of NFT Companies and Our Industry.
- A new type of NFT emerges? A NFT Renaissance?
- Laying one brick at a time, on the brick road that is NFT history.
- If NFTs are dead, why should anyone use NFTs?
- The NFT Renaissance…How to Resurrect a ‘Dead Industry’?
- How you go from 40k MAUs to 1M MAUs in 12 months, and 50M MAUs in 2 years.
- Why you should dip your toes into this…and take $7,000 from us.
- Details on the free $7,000 for you, on us, no questions asked.
- Ask away with our ChatGPT — trained by me, some say it has achieved AGI.
Tl;DR: NFTs are dead because consumer sentiment is at all-time lows for NFTs, even you’ve lost faith in NFTs. In my view, NFTs are to crypto what websites are to the internet — a technology that’s here to stay.
I have a plan to change GLOBAL consumer sentiment surrounding NFTs, which means — you — will use; and will like, NFTs again. I call this the ‘NFT Renaissance’.
With my background and insider knowledge in the NFT space; as the CEO of an NFT Marketplace since 2018, I explain why and how things have unfolded. It’s a captivating story.
At the end I CHALLENGE you to take $7,000 from us, out of our pocket, because we will revive NFTs — will you turn down free money?
1 —
Why Should You Trust What ‘Zach Burks’ Says?
If you’ve interacted with an NFT, most likely you interacted with code I wrote at some point.
With over a decade of hands-on experience in blockchain development, specifically focused on Ethereum and NFTs, myself and my team have played a significant role in shaping the NFT landscape. I started working on NFTs before the ERC-721 standard was even finalized. When I created Mintable, it was the very first tool on the internet to mint and transfer NFTs.
I’ve seen the industry evolve through numerous cycles and trends.
I live, think, and breathe NFTs every day. My advisory roles span governments, regulators, and multi-billion dollar corporations. My only goal is to help NFTs reach the lives of as many people as possible and to be interacted with daily — just like the apps on our phones.
- Collaborations and Innovations: Worked closely with the Ethereum Foundation to refine ERC-721 and authored the on-chain royalties standard, ERC-2981.
- Pioneering Efforts: Founded Mintable in 2018, which now boasts over 1.5 million users.
- Advisory: Provided guidance to governments, Members of Parliament, regulators, and multi-billion dollar companies on strategic NFT integration.
- Speaking Engagements: Delivered presentations at prestigious venues, including the 40th Economic Crimes Symposium at Cambridge University and multiple NFT.NYC events.
- Scholarly Contributions: Published a significant IEEE paper on NFTs in supply chain management in 2018.
Given my mission and background…
This extensive involvement in the space equips me with unique insights into the current state and future direction of the NFT industry. The following insights are the cold facts of the industry, based on cutting-edge experience and knowledge from someone deeply embedded in the evolution and future of NFTs.
I don’t mean to offend any particular entity, person, company, project, or whatever, I’m just stating facts from on-chain data, and my opinion based on those facts.
Paving the road for the future of NFTs is my personal goal
In 2021, I realized that PFPs and 10k collections would not be a long-term phenomenon. Mintable needed to address this, so we are…but first… the Rise and Fall of NFTs
2 —
Rise and Fall of NFTs
The Birth of a New Technology — How it All Started
When NFTs first emerged, the tech community was captivated by the potential of this revolutionary technology. Non-fungible tokens, powered by blockchain, could in theory, be used to represent almost anything. This would come to redefine digital ownership, and even the idea of what ownership itself really meant. Combined with the fact that they were powered by self-executing, programmable smart contracts, NFTs promised countless potential applications that could transform, through efficiency and security, almost every aspect of our increasingly digital lives. They are the websites of crypto in my eyes, comprehensive, powerful, versatile.
Of course, you start with the easy tasks. Using NFTs to represent unique digital artworks was the simplest and most obvious use case, music and tickets next, and the list goes on…but we never continued progressing down the list.
Digital artists quickly adopted NFTs, which made digital art ownable and tradeable like physical art. NFTs also ensured artists earned from secondary sales through on-chain royalties, automating the authentication and sale process and significantly impacting the creator economy. An achievement that even the most accomplished traditional artists had never dared dream of. Unlike traditional artworks, their authentication and sale required no human work. NFTs were poised to transform the creator economy forever.
The Rise…
Once it caught on, the growth was exponential. The internet exploded with interest in this new technology. However, the technicalities of blockchain led to mysteries and misconceptions that, combined with the hype, fueled an almost fanatic following where anything associated with NFTs was perceived as inherently valuable.
As a result, the NFT market experienced meteoric growth in 2021, with valuations skyrocketing to a peak of around $40 billion USD. However, this rapid expansion was primarily driven by speculative frenzy rather than rational and sustainable use of capital. This rapid expansion, driven by this fervor, led to market saturation, where countless projects emerged, making it difficult for new and existing projects to maintain value. Coupled with scammers, inexperienced students began raising millions overnight, without a business entity set up, leading them to spend earnings on themselves, rather than reinvesting in NFT development. — This led to consumers feeling disillusioned with the industry.
Everyday people are the true users of NFTs; they have the most to gain and the potential to use NFTs on the largest scale, unlike the complex DeFi and investment strategies used only by a small group of ‘degens’ or web3 users who currently are the primary target demographics of NFTs.
The prevalence of scams and rug pulls also affected the most important user base, retail users, making mainstream adoption an uphill battle.
Ultimately, marketplaces have the responsibility of fostering widespread adoption among the general public, which should have been the priority, rather than pursuing complex DeFi strategies appealing to a niche group of “degen” crypto enthusiasts to maximize volume and transaction fees in the short term.
The subsequent downturn in the broader cryptocurrency market further exacerbated the decline, as the value of NFTs is intrinsically tied to the performance of underlying cryptocurrencies like Ethereum. As crypto prices plummeted, the perceived value of NFTs took a significant hit, exacerbating the overall market correction.
…and downfall
(Scams are defined as NFTs that have gone to zero, with no activity, rugpulled, or any manner of which the project is now dead without recourse to the holders)
In no particular order:
1. Speculation and Hype
Initial surges in NFT prices were driven by speculative investments. As the hype faded, so did the inflated prices, leading to significant market corrections.
NFT Volumes from 2020–2024
2. Market Saturation
The influx of new projects and collections led to an oversupply, diminishing the uniqueness and perceived value of many NFTs. This led to multiple projects creating effectively the same thing, with no differentiation, and we all know how that goes… with an estimated 95% of NFT collections ending up worthless. Of the roughly 70,000 NFT collections identified, a staggering ~68,000 have a market cap of zero Ether. This highlights the massive decline in value and the oversaturation of the market. Out of these, only 21% were owned by wallets. This means that ~78% of all NFT collections — basically 4 out of every 5 NFTs — have never been sold.
Saturation: Number of Collections launched across chains
No shift in Focus: The NFT market never shifted from art and collectibles to more functional use cases like gaming and utility, impacting the allure and draw that NFTs have. There is a reason for this — something Mintology directly addresses. It would be like websites failing to update into the latest SEO trends or optimizations, they will be left behind. Instead marketplaces went into royalty wars, fee battles, and token farming tricks for short-term benefits.
3. Lack of Innovation
Marketplaces are all the same, we all look, feel, talk, walk, quack, and tweet the same. When 250 marketplaces are all copies, 249 won’t make it. So, as my company designs the next version of our platform, Mintable V3, the goal is to “re-imagine” what an NFT marketplace can be — a challenging endeavor, but one that is crucial for the ecosystem to thrive.
Combining the concept of a revamped marketplace with a “Home of your NFTs” is even harder. But these are hard things worth doing.
It is important that the NFT ecosystem has options, has flexibility, and most importantly — has utility. Utility is the key to all of these problems, and I’ll touch on it at the end.
4. A lack of future-proofing focus and innovation leads to…
Companies who closed their doors
…and had millions raised to spend
- Recur — Despite raising $50 million, Recur announced its shutdown due to unforeseen challenges and shifts in the business landscape
- Nifty’s — Backed by investors like Mark Cuban, Nifty’s closed its doors after failing to gain sufficient traction
- GameStop — Announced the closure of its NFT marketplace due to regulatory uncertainties and declining user engagement
- WazirX — The Indian cryptocurrency exchange shut down its NFT marketplace due to a lack of traction and ongoing regulatory scrutiny
- Starbucks — Ended its Odyssey Beta NFT rewards program, citing unclear reasons and a shift in strategic focus
- Frosties — Faced legal challenges and eventually ceased operations due to fraudulent activities
- Formfunction: A Solana-based NFT marketplace that supported unique, one-of-a-kind NFTs. Despite raising $4.7 million in seed funding, Formfunction closed due to a massive decline in Solana NFT trading volume
- Ternoa: This company developed its own blockchain for creating “Time Capsule” NFTs to securely store and transfer data. Despite initial promise, the project faced insurmountable challenges and shut down
- KnownOrigin: One of the first NFT art markets, acquired by Ebay, has announced it will be shutting down just this month.
Total Number of Closed NFT companies since 2022 = greater than 250
5. Bad actors: Scams and hacks eroded trust in the NFT space, deterring potential investors and collectors.
There was a time when anyone could drop an NFT project and have a real chance to make it big. And of course, it didn’t take long for bad actors to realize that they too, could make a pretty penny.
As you know 99% of these bad actors get away with it sadly…
- “US Charges UK Nationals in ‘Evolved Ape’ NFT Rug Pull Scam” — Decrypt
- “DOJ Charges 2 NFT Scammers Over ‘Frosties’ Rug-Pull” — PCMag
- “U.S. Airman and Cyber Analyst Charged with NFT “Rug Pull”” Scam — CryptoNews
- “NFTs worth over $100m stolen in the last year” — TechMonitor
These are just a few examples of NFT scams and thefts. In total, more than $86 million in NFT value has been stolen, according to Comparitech research. In 2021 alone, NFT rug pulls resulted in more than $2.8 billion in losses, which accounted for 37 percent of all cryptocurrency scam revenue for that year.
Total number of scam NFTs: Hard to exactly pinpoint, but estimated at roughly 750,000,000 to 1,000,000,000 NFTs (1 billion, yes.)
Which is estimated to be ~50% of the total out ~2.5 billion NFTs created
(across all chains and L2s. This number is extremely hard to calculate, so the margin of error is high).
If you estimate that 30% of all crypto scam revenue over a year are NFT related (less than the data based on Comparitech’s research) then 2022 and 2023 account for potentially >$5 billion in losses globally.
(Fact: Did you know Belize has a GDP of $3.2B and Fiji of $4.9B?)
6. Sensationalist media reporting
A LOT of crazy stuff happened when NFT fever was at its peak, and naturally, this is what most media outlets love. As the media reported on pictures of apes selling for millions, celebrity money grabs, and people’s life savings being wiped out by scams, public sentiment towards NFTs began to turn sour.
7. Onboarding new users became harder
Getting new users became increasingly difficult, as people reasonably struggled to see the value in the NFT projects they had heard about in the media. Many who were already in the space were trapped in a speculative ‘bubble’ and subsequently lost faith in the technology itself once that bubble burst, taking their investment with it.
8. Cryptocurrency Market Downturn
The decline in major cryptocurrencies prices like ETH and BTC dropping, has impacted the NFT market directly — as their values are closely interlinked since NFTs are priced in ETH or other cryptocurrencies. This is pretty hard to mitigate, it’s just something we have to account for. If an NFT is 1 ETH today and next year it’s still 1 ETH but ETH is 50% less, or 50% more, then your NFT also has changed its value.
9. Public backlash against NFTs
- ‘Ubisoft executive complains NFT critics just ‘don’t get it’’ — Engadget
- ‘MrBeast-Promoted ‘Creator League’ Postponed After Gamers Bail Amid NFT Backlash’ — DeCrypt
- ‘Yuga Labs ‘inappropriately induced’ BAYC investors: Class action’ — Cointelegraph
- ‘Survey: Consumers Think NFTs Are Getting Riskier’ — Variety
3 —
Are NFT PFPs dead? Cold Hard Facts
Current public sentiment around NFTs
As a result of all the above factors, consumer trust in NFTs is now at an all-time low. Since January 2022, the NFT market has seen a dramatic collapse, with the market shrinking to less than $2 billion in 2024, leaving only a few projects active and viable.
Top Collections in the last 30 days
Active Wallets Per Year
— 2021: There were over 2.1 million Unique Active Wallets interacting with NFTs
— 2022: There were over 4.5 million Unique Active Wallets interacting with NFTs
— 2023: There were over 5.6 million Unique Active Wallets interacting with NFTs.
But in reality, most people interacting with NFTs have multiple wallets, and when certain marketplaces encourage wash trading, you’ll get people with 20–100 wallets, trading between themselves. So, if you conservatively estimate that 30% (it’s more realistically around 65%), of these are one person with more than 1 wallet, you end up with:
Estimated Real Active Wallets Per Year (conservative 30% reduction)
— 2021: There were over 1.6 million Unique Active Wallets interacting with NFTs
— 2022: There were over 3.4 million Unique Active Wallets interacting with NFTs
— 2023: There were over 4.3 million Unique Active Wallets interacting with NFTs.
Note: Unique Wallets DOES NOT equal a real human. See below.
Latest Monthly Active Users:
Realistically, in my opinion, 20–40k people on the planet are using NFTs monthly as of May 2024. That's just sad. More people may be using NFTs off-chain, or one might argue that they are holding onto NFTs and so usage naturally goes down….
No Interactions
This drives my point around ‘interactions’ currently, the only interaction happening with NFTs are trading activities. This is not what we want to see. We want people interacting with their NFTs to open their Airbnb door, to verify their identity, to redeem at a coffee shop. These are interactions. Not trades.
But the point is — if your NFT isn’t being interacted with:
- The ecosystem won’t and can’t grow
- If your NFT is a like a website, which doesn’t get interacted with…does that seem like a successful use of the technology powering websites?
- NFTs not being interacted with means Brands and Users are not reaping the benefits of using NFTs.
Traders:
This constant and sharp decline in traders from July 2022 of ~150,000 across the planet (still very small at the peak), is now sitting around 20,000–40,000 traders. In line with the figures above from another on-chain source. The above graphs all point to the same problem— we have 20,000 people across the entire planet, who are currently trading and keeping NFTs afloat and that is why NFTs have declined.
How many people on the planet are ‘interacting’ with their NFTs?
How can you?
- How do you interact with artwork on your wall?
- How do you interact with a collectible like a baseball card?
(“But Zach, look at NFT Games!” Please don’t get me started on NFT games… go look at the numbers of active users, and their interactions. It’s abysmal)
Brand’s Reactions
Evidently, NFTs have become un-sexy. So much so, that even the biggest and most reputable brands are no longer advertising the fact that they use blockchain, even though they are still benefitting very much from the technology itself.
Gucci, Louis Vuitton, And Dior Bring ‘Quiet Luxury’ To Crypto In 2024 (forbes.com)
Note that the companies mentioned in the Forbes article above, are luxury fashion brands — traditional companies, not Web3 companies. This is an important point to remember. These are the entities that can use Mintology’s tech to build interactions with NFTs, without needing to involve crypto or blockchain.
4 —
The Failure of NFT Companies and Our Industry
As someone in the industry myself, it is sad to say that the companies closest to NFTs, Web3 platforms, have failed to realize the full potential of this revolutionary technology. By the selective laws of this unsustainable market, the companies that still stand today are the ones that made the most of the speculative bubble.
They built ‘pro trader’ apps which acted merely as a transaction generator— doing little to protect their users from bad actors. They took their trading fees and dropped tokens. They made millions and further fueled the speculative hype bubble.
Ultimately, this ruined the reputation of the technology itself and condemned those within the same industry who were building real use-cases to obscurity, and eventually, death, 250 times over…I raise a drink to my fellow NFT founders who didn’t make it
So yes… PFPs are dead
…but have NFTs finally grown up?
5 —
Are there winners using NFTs in 2024?
Surprisingly, the traditional businesses and institutions that use blockchain, not web3 companies, are the ones who have truly gained the most. They did so by building valuable and sustainable utility-based NFTs that have transformed various facets of their existing business operations. But it’s far too little.
Real, Innovative, Utility NFTs from just the past year
Station Casinos
Station Casinos integrated Mintology’s APIs into their slot machines, enabling 50 to 70-year-old players to use NFTs without knowing about blockchain or crypto. This showcased the power of utility NFTs tailored to fit a business’s needs. The business saw a massive increase in engagement of their VIP customers, and didn’t change a single model of their business but instead changed the NFT to fit them and their users.
Over 500,000 wallets created from a retail location, over 2.5 million NFTs created — all within roughly 6 months.
These are real world, everyday people, onboarded through utility.
Mastercard
Mastercard utilized Mintology’s APIs for multiple programs, significantly improving user engagement and retention. Taking clients and conferences, giving them an NFT, and onboarding those people into the utility NFT realm. Letting these new users, use a NFT at a local pizza joint to claim a free pizza. That, is by definition, an interaction.
This is a massive organization using NFTs to onboard through utility.
Singapore Comic Con
Comic Con offered cosplay NFT photos with attendee’s favorite cosplayers. It was the official photo sponsor for Comic Con and generated revenue for charity, while hundreds of attendees got multiple NFTs and wallets for the first time. They interacted with NFTs in the real world at a photobooth by being offered the option to also get their photos as a NFT.
Everyday people onboarding their first NFTs & wallets through utility and fandom.
Other Applications
Other applications include legal uses in the Singaporean High Court, large global manufacturers, tracking carbon credits, issuing certifications, and user engagement/retention strategies.
These are real-world problems being solved through utility NFTs.
We are laying down, one brick at a time, on the brick road that is the road of NFTs history.
7 —
NFTs are dead, why would anyone use NFTs in their business?
While the companies closest to NFTs failed to realize the technology’s full potential, traditional businesses have embraced NFTs with a more utility-styled approach, as demonstrated above. We have even seen governmental and institutional buy-in. The Principality of San Marino uses NFTs as COVID-19 vaccine passports for their traceability and forgery resistance. The UN has leveraged blockchain to drive sustainable development and track aid distribution. These are interactions. Not collectibles, not artwork, not PFPs, not investments.
The future of Web3 lies in its ability to integrate with and enhance traditional businesses and institutions, not exist as a separate, isolated ecosystem.
We missed the forest for the trees
The industry seems to have forgotten — that in all the excitement over the past few years — NFTs in themselves, have no inherent value (code that makes a website does not have any inherit value, it’s the product of that code to produce a website that provides the value). NFTs exist only as code, that can be used to augment and amplify existing business and provide utility.
Leading the Way
Back in 2021, I decided to take a different approach that allows businesses to mint millions of NFTs on Ethereum without incurring gas fees. We started working on Mintology and building a set of robust tools to facilitate functional, interactive, dynamic NFTs. Our main goal is to achieve a state where most NFTs have a interactive purpose and utility tied into everyday businesses.
Our main goal is to achieve a state where most NFTs have a purpose and utility tied into everyday businesses, NFTs are vague, like websites, and every business needs a website. The same is true for NFTs.
8 —
The Future of Web3…How to Resurrect a Dead Industry
Reviving the dead — Mintology or Zombie-ology?
To revive the NFT market, we must pivot from speculative art and collectible projects to utility NFTs that offer real-world value. At Mintable and Mintology, we are leading this charge by enabling businesses to integrate NFTs into their operations seamlessly with the largest scale of public users.
“We are the only company on the planet who can do this”
Mintology is the NFT-as-a-service arm of Mintable, designed specifically for enterprises and small business owners. It super simplifies the way businesses can integrate NFTs into their operations without the complexities and costs typically associated with blockchain technology.
Our solution ties custodial wallets to users’ emails, allowing companies to take their existing users and easily onboard and have them engage with their strategy, without the need for a user to have technical knowledge about blockchain or download an app or leave the business’s ecosystem.
Unlike other providers, you have complete control and flexibility, nothing offered by us requires the Company or user to know that it is powered by us. This seamless integration ensures that users can engage with NFTs without ever leaving your business’s ecosystem. Our technology is akin to AWS, running silently in the background while empowering businesses to leverage blockchain without the associated complexity.
There is no risk for you — zero, so… why not see how transformative NFTs can be for your business/project. Our $7,000 offer is live (but only for a month). Take the offer and get a head start advantage over your competitors https://mintology.app
How to Resurrect a Dead Industry
NFTs that can be integrated into anything by calling an API. Here is just one example:
- mint a NFT to an existing user’s email
- create automatic secure wallets for each user sign-up
- update an NFT in real-time when it’s scanned at the door
- tie it into your existing CRM database
(all while putting blockchain out of sight for end-users)
Key Features of Mintology:
- Gasless Minting: Mintology’s proprietary technology allows for the creation of NFTs without incurring gas fees, making it cost-effective and accessible for businesses of all sizes.
- Secure Custodial Wallets: Users can receive NFTs directly tied to their email addresses. This simplifies the onboarding process, making it easy for anyone to start using NFTs without needing prior blockchain knowledge.
- Seamless API Integration: Mintology offers simple, developer-friendly APIs that enable businesses to integrate NFTs into their existing platforms effortlessly. This means you can mint millions of NFTs to millions of different wallets instantly, on-chain, on Ethereum.
- Mintable V3 Integration: All NFTs minted through Mintology are integrated with Mintable V3, providing a home location for users to manage their NFTs. This platform consolidates all necessary information about NFTs, making it easier for users to navigate and utilize their digital assets. From redeeming NFTs, claiming NFTs, and multiple novel ways to create NFTs that have never seen before.
Mintology is more than just a tool
It’s a comprehensive solution, crafted to integrate seamlessly with any business model. Allowing you to leverage the power of NFTs in any system, to drive engagement, enhance customer loyalty, and unlock new revenue streams.
Whether you’re a large enterprise or a small business. Mintology was crafted for you.
Whether you: have an app, a smart lock, a website, a factory, or manufacture goods. Mintology was crafted to work for you.
9 —
How NFTs go from 40k MAUs to 1M MAUs in 12 months, and 50M MAUs in 2 years
By enabling unique utility uses of NFTs for any type of business— we can revive the global NFT market
Which has been largely dominated by collectible PFPs. Utility NFTs can bring millions of new users into the NFT ecosystem. Brands can onboard their users with ease, integrating NFTs into everyday experiences and providing real-world value beyond mere speculation. Mintology makes integrating NFTs easier for both engineers and executives, removing legal, regulatory, technical and financial challenges.
Our APIs make it possible for businesses to integrate these utilities effortlessly.
Some of our partners use Mintology to innovate in ways including:
- Reselling our APIs at a markup to their clients (think ad agencies, or development studios).
- Adding to their existing programs like loyalty programs or marketing campaigns.
- Ticketing and proof of attendance, with dynamic NFTs that can be redeemed/marked as used.
- Comic Con used Mintology to create Cosplay NFT photos.
- Traditional Manufacturing Companies use our APIs for NFC chips with NFTs attached to their product.
- Traceability and transparency by hosting the information on-chain via a NFT.
- Law firms using NFTs to send documents to anonymous crypto hackers.
Every one of these businesses are then able to resell and markup any cost they would incur, so there isn’t a major budget required to launch a multi-million NFT campaign globally on Ethereum anymore.
By providing our APIs and Gasless Minting we eliminate these barriers that make using NFTs hard:
- needing a wallet
- needing cryptocurrencies
- needing a crypto exchange account
- downloading any apps or forcing users to external websites
- not requiring users to see an iframe to ‘sign into mintable’ like others
Yes, you read that right, ZERO gas fees to create NFTs, real ERC-721 NFTs on Ethereum Mainnet with no gas costs ever, for anyone. We’ve saved over $100M USD in gas fees on Ethereum mainnet since launching Gasless Minting.
“Mintology is the only company making it feasible for businesses of all sizes to adopt NFTs.”
For a non-programmer, small business owner, or an innovation officer — what does this mean for you?
It means you’re empowered no matter what your scale is, to use NFTs in your business — that is safe and secure, not a regulatory and legal nightmare, but rather as a tool that helps you engage with your customers and increase your bottom line.
It means you are generating:
- More CLV per user
- More customer retention
- Unique business revenue models
- Increased recurring revenue
- Easy experiences for users
- Most importantly, cheap, easy, automated blockchain software/tech so you don’t need to hire expensive teams
- Also most importantly, it enables you to run traditional projects/campaigns with NFTs that would normally be expensive and take months — in less than a week with little to no cost upfront.
10 —
Why Should Your Business Use NFTs?
You Could Uncover Hidden Revenue Streams and Engagement Improvements
…and take my free $7,000 from us so you don’t break the bank trying them out.
NFTs never truly lived until now, and we’ve made the technology to bring a brand’s users into NFTs, all while those brands can protect their reputation, retain users, and increase CLV.
Just as credit and debit cards revolutionized payments and became ubiquitous, utility NFTs have the potential to transform various industries. Imagine a retailer offering NFTs as exclusive discounts and loyalty rewards, or a hotel using NFTs as digital keys to simplify the check-in process. Mintology enables these possibilities, helping businesses provide tangible value to their users and ensuring sustained growth and innovation.
How can your project or company try this without any risk?
If you want to increase revenue, demonstrate your use of blockchain technology, and have no friction for your users while enhancing your business, visit mintology.app. Take my free offer of $7,000 and experience how Mintology can transform your operations with utility NFTs.
11 —
Pricing and a free $7,000 credit for anyone who signs up
Mintology has to help move the NFT ecosystem and real world into NFTs that have value. We have created the technology to do it. Now we need people to see the potential of NFTs. We are giving $7,000 USD credit balance to anyone who signs up for the next month.
We have battle-tested Mintology with major companies and we are now asking for feedback or your request for features, in exchange for the $7,000 in your balance, you just need to promise you’ll provide feedback on our mission and your experience with our product so we can improve (a simple survey).
You can get the $7,000 added to your account by signing up before 11:59pm 24th August 2024 on https://mintology.app
Key Features:
- Pay only for what you use: And if you sign up by August 24th, you’ll get a $7,000 balance to use for your project, on us. We want to see the NFT market come back to life.
If that means we take a loss to achieve the goal of embedding NFTs into every person’s normal daily life — then so be it.
- Gasless Minting: Mint millions of NFTs on Ethereum with 80–99% savings in gas fees.
- Custodial Wallets: Easy onboarding with automatic, secure wallet creation ensuring users don’t need prior blockchain knowledge or any crypto at all. Just how they don’t know what happens when they press send on a Facebook post.
- Seamless API Integration: Simple, developer-friendly APIs enable businesses to integrate NFTs into their existing platforms, applications, ecosystems, retail stores, online stores, and websites, smoothly and effortlessly.
- Non-API Integrations: We understand not everyone has the developers or time/desire to add APIs into their systems. So between Mintology’s self-serve dashboard, and Mintable V3, you are able to do all of the above without developers. (Although using APIs and developers allows for maximum customization and 100% seamless integration into your products).
We designed our pricing models so that every client only pays us a fraction of what they get in return. No usage? No bill. High usage? High returns, small bill payments.
12 —
Chat with our ChatGPT to ask questions, trained by me
You can chat below with our trained ChatGPT, it can help you write code, understand what we do, our APIs, and how your business might use NFTs. Be mindful though, while I spent many sleepless nights transferring my conscience into that AI, sometimes it does go rogue (Not every answer is guaranteed correct or factual).
NFT Expert ChatGPT:
ChatGPT — NFT Expert — By Mintology
Where to find Mintology for your business?
If you use AWS, or Wordpress, or can call an API, we have you covered. Which means we basically have the entire internet covered when it comes to accessing NFTs easily.
AWS Users:
Wordpress sites
Any other software integration
https://dashboard.mintology.app/
The NFT market’s future hinges on shifting focus from speculative projects to real-world applications. By leveraging utility NFTs, businesses can provide tangible value to their users, ensuring sustained growth and innovation in the blockchain space. At Mintable and Mintology, we are committed to driving this change and demonstrating the potential of NFTs.
LONG LIVE NFTs!
Feel free to always contact us
info@mintology.app or via our website, we reply to all emails!
Made with love by the Mintable Team, Myself, and many others. We want to see a future where NFTs are embedded into your mom’s, my mom’s, and everyone’s daily lives. We have been at it for 6 years now, and we will continue to do so by laying one brick at a time on the road of history that is NFTs.
