Mint Blockchain: Connecting Global Consumers With NFTs🍀

In the rapidly evolving era of Web3 technology, Mint Blockchain, as an innovative blockchain, is progressively building a global ecosystem centered on decentralization with its unique NFT-driven model. This session, shared by Shier, Co-founder of Mint, will focus on elaborating Mint Blockchain’s strategic layout in the Web3 space. Through this session, participants will gain a comprehensive understanding of how Mint leverages NFTs to connect global consumers and drive the rapid growth of the entire blockchain ecosystem.

Basic Overview of Mint Blockchain
Mint Ecosystem Featured Applications
Mint Developer Incentive Mechanism Overview
Mint Network Staking & Restaking Mechanism Overview
Mint Blockchain Development Roadmap
Basic Overview of Mint Blockchain

Mint Blockchain is an Ethereum-native Layer 2 network and a core member of the OP Superchain. In October of this year, it received $1.5 million in strategic support from the Optimism Foundation. Its mission is to connect global consumers through NFTs, creating a decentralized consumer payment network. By building diverse Web3 consumer application scenarios, Mint Blockchain aims to introduce more people to the use of NFT assets and crypto technologies, transforming NFTs into a new way of life for humanity.

Mint Blockchain was developed by the NFTScan Labs developer team, starting in October 2023 based on the OP Stack. It launched its testnet in February 2024, the developer mainnet in May 2024, and officially opened the mainnet to the community in July 2024. Currently, the Mint Blockchain ecosystem comprises over 90 applications, 200,000+ active wallet address users, and more than 20 million on-chain transactions.

Over the past six months, Mint has completed the foundational infrastructure of its blockchain network, providing comprehensive developer tools and data service support. This includes integrations and support from dozens of foundational projects, such as Optimism, ZAN (Ant Group Web3), Google Web3, BlockScout, NFTScan, Routescan, imToken, DeBank, TokenPocket, Rabby Wallet, DefiLlama, L2beat, SuperchainEco, Owlto Finance, Super Bridge, Orbiter Finance, Bitget Wallet, Galxe, Link3, SpaceID, GoPlus, Supra Oracle, Safe (multisig wallet), Coin98, SlowMist, RedotPay, Gate Wallet, and FoxWallet.

Now, Web3 developers can efficiently and effortlessly issue new assets (tokens, NFTs, memes, RWAs), deploy smart contracts, and develop new applications on the Mint mainnet.

According to L2beat data, Mint Network records approximately 200,000 daily on-chain interactions, consistently ranking between 10th and 15th among L2 ecosystems. By Q1 2025, the Mint Blockchain ecosystem growth team aims to triple this volume, reaching 600,000 daily on-chain transactions.

Mint Ecosystem Featured Applications
Since the launch of its public mainnet in July 2024, the Mint ecosystem has not only completed foundational infrastructure development but has also fostered the growth of several innovative native applications on the Mint chain. These applications span across diverse domains, including Social, DeFi, Staking, RWA, and Meme. Here, we highlight some of the most groundbreaking applications natively developed within the Mint ecosystem.

MintSwap Finance

MintSwap Finance is a decentralized DeFi protocol built on Mint Blockchain, offering diverse transaction-side functionalities such as Token DEX, NFT Marketplace (supporting ERC721, ERC404, and ERC7765 standards), and NFT Staking. It stands as the most active transaction-side project on the Mint chain, boasting a total trading volume of $72 million and a user base of over 40,000 wallet addresses.

1. Mint Forest

Mint Forest is a green-themed, on-chain interactive points game developed by the official Mint Blockchain team. With over 400,000 players, users nurture their seedlings by collecting ME energy. In the future, these seedlings can be exchanged for Mint airdrop rewards.

1. RareShop

RareShop is the world’s first RWA NFT product launch platform designed for consumers and an innovative native project on Mint Blockchain. The platform utilizes the ERC7765 asset protocol standard for issuing RWA NFT assets, offering merchants and consumers a novel shopping experience and interaction model. Key features include crypto payments, privacy protection, product pre-sales, gifting, and physical delivery. RareShop provides global brands and enterprises with comprehensive Web3 digital transformation solutions and marketing strategies.

Collaboration Cases: imKey Hardware Wallet, BE@RBRICK Trendy Figurines

1. MintRich

MintRich is a decentralized meme asset launch platform on the Mint blockchain. It supports the issuance of meme assets based on ERC20, ERC721, and ERC404 standards. With its self-developed bounding curve launch mechanism, new asset issuance can be completed in just 30 seconds, offering a simple and user-friendly experience. MintRich has already launched over a thousand meme assets.

1. CreditOnchain

CreditOnchain is a decentralized on-chain reputation network developed on the Mint blockchain. It uses a reputation algorithm to conduct multi-dimensional data analysis on on-chain wallet addresses to generate a reputation score, which developers can utilize. Any wallet address user can actively apply to obtain their on-chain reputation score, improve their information and profile to increase their reputation, and earn ecosystem rewards.

1. ERC7765

ERC7765 is a new RWA (Real-World Asset) NFT asset protocol standard proposal submitted to Ethereum by the Mint Blockchain development team. It has already been launched and integrated into the Mint Blockchain mainnet for development and application.

The core innovation of ERC-7765 lies in allowing holders to exercise rights associated with specific NFTs. This is achieved through the exercisePrivilege function, which enables the NFT holder (or a designated party) to perform actions such as redeeming real-world products or accessing services.

Additionally, the protocol introduces two important checking functions — isExercisable and isExercised—that allow users and developers to verify whether specific rights associated with an NFT can be exercised or have already been exercised.

Furthermore, ERC-7765 supports binding rights to NFTs. Through the getPrivilegeIds function, users can query the rights associated with any given NFT. Lastly, ERC-7765 also supports querying the metadata of these rights. Similar to how ERC-721 provides metadata for NFTs, ERC-7765 introduces metadata for the rights associated with tokens. This includes details such as the name, description, and related resources of the rights, helping users understand the specific content of each right.

ERC7765 Related information:

ERC-7765 Proposal: https://github.com/Mint-Blockchain/ERCs/blob/master/ERCS/erc-7765.md

Understanding ERC-7765: https://github.com/Mint-Blockchain/EIP-7765-example/blob/main/Understanding ERC-7765.md

ERC-7765 Reference Implementation: https://github.com/Mint-Blockchain/EIP-7765-example/blob/main/src/example/ERC7765Example.sol

1. NIPs Platform

NIPs Platform is an NFT development platform launched by the Mint Blockchain development team, supporting multiple innovative NFT asset protocol standards, including ERC721, ERC1155, ERC404, and ERC7765, as well as various NFT infrastructure tools such as NFT deployment tools, NFT minting tools, NFT Launchpad, NFT Marketplace, and NFT data indexing.

Web3 developers and users can leverage the NIPs Platform’s low-barrier access to deploy NFT asset contracts and issue new assets.

By driving and supporting innovation in NFT asset protocol standards, Mint Blockchain aims to become Ethereum’s leading platform in the NFT space, bringing NFTs back to the Ethereum ecosystem.

Mint Developer Incentive Mechanism Overview
Mint Blockchain has long been committed to the development of the NFT ecosystem, connecting global consumer users with NFTs and building the largest global NFT consumer payment network and user community. As a major class of crypto assets, NFTs offer excellent scalability and programmability. In the future, the NFT sector is expected to generate a multi-trillion-dollar market. Developers interested in the NFT space are welcome to join Mint Blockchain to build the NFT ecosystem, create innovative applications, and serve global users!

Mint Eco Fund is an ecosystem development fund established by Mint Blockchain to promote the prosperity of the Mint developer ecosystem and encourage innovative applications on the Mint chain. To efficiently reach more developer teams and match quality projects into the Mint ecosystem, Mint Eco Fund plans to strategically collaborate with several crypto incubators and blockchain developer communities, including Web3port, PANONY, OpenBuild, ZAN, DChain Community, Rebase, Wanwu Island, ScalingX, TheWeb3, SpringX, HackQuest, Starbase, and others, to discover promising developers and startup projects and support their rapid growth and development.

Mint Eco Fund has established a $10 million ecosystem development fund, comprising 50 million $MINT and 750,000 $OP tokens. Mint Eco Fund will provide long-term support to projects in the following sectors:

Web3 social applications built on NFTs
NFT-based ticketing markets
NFT-based games
NFT-based intellectual property (IP)
NFT-based decentralized prediction markets
NFT-based on-chain reputation networks
RWA combined with NFT projects
NFT and AI Agent integration projects
NFT-based public charity platforms
NFT-based copyright traceability platforms
NFT-based Web3 e-commerce platforms
NFT-based DAO platforms
NFT-based content creator platforms
NFT-based crowdfunding platforms
Other innovative NFT-based applications
If you are a developer team working on any of these areas, or if you are interested in any of these entrepreneurial directions, feel free to contact Mint Eco Fund. Together, we will build innovative NFT applications. Selected teams or projects will receive the following support from Mint Eco Fund:

✅ Financial support
✅ Marketing support
✅ Technical support
✅ Long-term project development consulting services

Application portal: https://www.mintchain.io/ecofund

Mint Network Staking & Restaking Mechanism Overview
About Staking: Users can stake MINT tokens into Staking Node nodes and receive a staking certificate in the form of sMINT assets. They will earn an annual mining reward of 15% in MINT tokens, provided by MintDAO. The APR (Annual Percentage Rate) is set by the MintDAO organization and is adjusted annually, with the APR for 2025 set at 15%.

About Restaking: Users can combine sMINT to mint BC404-Mint NFT assets. Holders of the BC404-Mint NFT will receive 50% of the ETH rewards from the Mint Blockchain network’s sorter gas fees. It is expected that the Mint network will provide an annual return of 6% in ETH for BC404-Mint NFT holders.

BC404 NFT Features: As the NFT ID number increases, the token content in the ERC404 NFT changes according to the bonding curve, generally following an upward curve. During the process of converting sMINT into BC404-Mint NFT assets, Mint’s self-developed bonding curve is applied, making the entire BC404 NFT minting process more competitive and engaging.

About Staking Nodes: The Staking Node community is the foundational infrastructure builder and core driver of Mint Network’s ecosystem development. Staking Nodes are mainly composed of blockchain infrastructure developers, crypto investment institutions, and Mint’s global crypto community. The first batch of members includes NFTScan, ZAN, InfStones, Antalpha, DFG, SNZ, MintFans, and others.

Staking Node participants are required to run a node server with specified service configurations, ensuring long-term stable operation. During this process, Staking Node operators can attract users to stake $MINT through their own nodes, earning a 10% service fee from users’ MINT staking rewards.

Based on data from the Mint blockchain, it is estimated that during the early stages of Mint Network’s development, the combined annual yield from $MINT token Staking and Restaking will fluctuate between 20% and 30%, which will attract significant Smart Money inflows. As the Mint ecosystem grows, the network’s sorter rewards will continue to increase, leading to a rise in these yields. Meanwhile, the native $MINT token will also experience value accumulation and price discovery.

Mint Blockchain Development Roadmap
Q1 2025: Release the $MINT token economic model to the community and launch a community airdrop event & TGE (Token Generation Event).

Q2 2025: Launch the $MINT Staking & Restaking protocols, distributing ETH rewards from Mint network validators to $MINT holders and the community in a decentralized manner.

Q3 2025: Introduce the “Innovate to Earn” ecosystem incentive mechanism, encouraging developers to innovate within the Mint ecosystem.

Q4 2025: Mint Blockchain will launch Mint Ecosystem’s super application: Mint App, providing a one-stop mobile crypto service for global consumers.

Mint Blockchain Vision
Connect global consumers through NFTs, allowing everyone to own NFT assets, and build a decentralized consumer payment network where value and trust flow freely on the blockchain. 🍀