Year in Review —How was 2020 for Mintable?

2020 has been a pretty messed up year for everyone, but lets discuss what Mintable did this year.

Mintable V2.0 Launched on Nov. 30th. Since its launch we have seen a daily traffic ranging from 500–1000 individual unique visitors! These numbers can be greatly attributed to the the app’s killer features. Apart from its already existing features to aid anyone both new or experience users in creating and managing your ERC-721. This next-gen NFT Marketplace also listens to its users and has already updated and developed so much in this short time since its launch, we will be sharing with you more about its updates throughout this article!

Where it all started.

Mintable started as a tool to help anyone create, mint, and manage ERC-721 (NFTs). They were the first platform to allow anyone to make their own very own NFT and retain complete ownership over the smart contract, the first tool to batch mint NFTs and the first tool to manage your NFTs from any ERC-721 contract.

Since these days to its current highly anticipated launch of V2.0.
We have seen over 500 NFTs exclusively made on MINTABLE.
With good reason, as its ease and complete ownership over the smart contract, we are likely to even see dev improvements and additional features for for minters.

Marketplace Numbers

So since, since December 1st we have had the following numbers:

  • 100,000 unique visitors
  • 1,500 new users
  • Over 1,000 NFTs listed for sale
  • 1,000+ tokens created
  • 85 Smart contracts deployed
  • Total volume: $48,000 USD

Hundreds of orders of people buying and selling NFT’s

You can have a look at the different ‘firsts’ the platform has experienced at this article or its recent highlights of featured artworks and artist, but for the purpose of notoriety and showing you the attraction and volume this platform has already received in its very early days since launch.

A work by world-famous artist Pak that was auctioned on Mintable and sold for $5,000!

Mintable’s auction feature works just like eBay. Place your bid and you will receive a notification when you get outbid. The winning bidder will have 3 days to make payment. No transactions will take place during bids.

We can only anticipate to see a lot more exclusive drops in the near future, as we see many artist and creators moving towards Mintable, and naturally with that development also see a great increase in collectors following suite.

Institutional support

In September, Ethereum Ecosystem Support Program has given a grant to Mintable to improve a series of functionalities for NFTs

Not much needs to be said apart from the obvious, that intuitions are also noticing this next-gen’s marketplace value to the NFT space. The platform has already made leaps and bounds to fulfilling its initial promises, and are continuingly listening to feedback from its NFT marketplace users and have already fixed bugs in an extremely timely manner and are planning to roll our more updates and developments.

Earn a percentage of the platforms earnings!

The platform has already accumulated 50 individuals with governance tokens , if you would like to understand more about MINT and learn how to earn your very own $MINT NFT’s simply through contribution, you can read this article.

The first ever proposal for the DAO has been very recently summitted.

It will be extremely exciting for MINT holders if this proposal is voted through it would simply mean that if you are a holder of the MINT NFT you will be distributed a percentage of the total fees received on the platform elaborated in this current proposed equation.
“Fee received = $MINT balance/Total existing $MINT supply x Total 2.5% fee collected so far”

The baseline of this is despite owning governance rights and votes on the platform, one can earn $MINT, solely based on contribution towards the platform, which in the future will just earn you residual based on the fees collected by the platform.

Of course you can sell these MINT NFTs you have earned as separate NFTs on the market. which will create a market on its own, very exciting!

Watch Zach the man behind it all at Mintable, creator and founder of this Next-Gen NFT marketplace. As he features on an online webinar and speaks to us in December about paving the way for adoption in the NFT ecosystem.

‘listening to feedback from its NFT marketplace users and have already fixed bugs in an extremely timely manner and are planning to roll our more updates and developments.’

Besides all that has happened and new updates and features mentioned above what else can we be looking forward to Zach?

  • Adding a way to withdraw funds for MINT holders from the revenue Mintable makes, and split governing NFT into separate NFTs via the site directly.
  • Toggle all prices on the site between ETH and USD
  • Mintable added Coinbase wallet as one of its supported wallets
  • Hiding duplicates on the browse page to create a cleaner page for users
  • An added option to extend auctions if there is any bid in the last hour
  • Zach has also mentioned that they might be adding an option to sell physical NFTs which will allow users to sell physical items, backed with shipping and an escrow service.

To conclude, we have seen Mintable progress greatly this last year, and seen its favorable adoption rates only a month since its launch, we can expect to see these numbers grow exponentially as the app continuously adds even more features to its already great ones for the community’s creators, artist and collectors. Its autonomy and governance fully in the hands of its users, is exactly how we would like to see the world’s first NFT DAO progress! To find out more or to participate do check out the links below.

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