Research Report | Mint Blockchain Overview & MINT Market Cap Analysis
I. Project Introduction
Mint Blockchain is an Ethereum Layer2 network developed by NFTScan Labs and the MintCore team, dedicated to building infrastructure for NFT assets. The project started in October 2023, with its mainnet officially launching in May 2024. Built on OP Stack, Mint Blockchain operates as part of the Optimism Superchain, leveraging the Ethereum mainnet as its Data Availability (DA) layer to maintain security and EVM compatibility while significantly reducing transaction costs. This ensures greater scalability for the NFT ecosystem.
To support the complete lifecycle of NFT assets, Mint Blockchain has introduced five CORE modules:
- Mint Studio – NFT minting tools
- IP Layer – An IP assetization platform
- Mint Liquid – Cross-chain liquidity solutions
- RareShop – A marketplace for real-world asset (RWA) trading
- NFT-AI Agent – A tool integrating data analytics and trading support
These components facilitate NFT issuance, trading, asset management, and cross-chain liquidity, enabling developers to efficiently create a variety of NFT-based applications.
Mint Blockchain also provides ecosystem incentives through and initiatives such as to encourage innovation in NFT asset formats and application development. Additionally, the project promotes NFT asset standardization, addressing key challenges such as liquidity constraints and copyright management, paving the way for a more structured NFT ecosystem.
Unlike a conventional transaction network, Mint Blockchain functions as a dedicated infrastructure layer for NFT assets. Its primary goal is to enhance the utility of NFTs across multiple use cases while offering developers and users more efficient and reliable tools.
II. Project Highlights
1. A Layer2 Solution Tailored for the NFT EcosystemAs part of the , Mint Blockchain is built on OP Stack, inheriting Ethereum’s security and decentralization while optimizing NFT transactions and asset management. As an , it significantly reduces gas fees, making NFT minting and trading more cost-effective while allowing developers to deploy smart contracts efficiently.
2. Comprehensive NFT Infrastructure Covering the Entire Asset LifecycleMint Blockchain offers an end-to-end NFT ecosystem infrastructure, including:
- Mint Studio – NFT minting solutions
- IP Layer – NFT asset management
- Mint Liquid – Cross-chain liquidity tools
- RareShop – RWA trading marketplace
- NFT-AI Agent – Data analysis and trading assistance
This integrated suite supports the full NFT journey, from creation to trading and asset management, enhancing NFT usability and overall market value.
3. Cross-Chain Liquidity and Asset InteroperabilityWith , NFTs and tokens can aggregate liquidity across multiple blockchains, improving trading depth and addressing NFT liquidity challenges. Additionally, the supports , including , enabling seamless and expanding the reach of NFT assets.
4. Strong Ecosystem Incentive ProgramsMint Blockchain has established and introduced various incentives, including , to encourage developers to create innovative NFT applications and protocols. These incentives foster both NFT asset innovation and infrastructure growth, ensuring long-term ecosystem sustainability.
III. Market Cap Expectations
As a Layer2 network dedicated to NFT asset infrastructure, plays a role in . To assess its potential market cap, we compare it with other Ethereum Layer2 scaling solutions such as .
IV. Tokenomics
- Total Supply: 1,000,000,000 $MINT
- Initial Circulating Supply: 16.8%
Staking offers a (). Stakers receive as a staking certificate, which can be further converted into for , allowing them to earn .
V. Team & Funding
Team Overview- May 31, 2024 – Completed seed round funding, raising $5 million.
- Investors: Mask Network, SNZ Holding, GoPlus Security, Jsquare, PANONY, Antalpha Ventures, NFTScan, WhiteList Ventures, Mike, Victor Zhang, BlockAI Ventures, Predator Capital.
VI. Potential Risks
VII. Official Links
- Website: https://www.mintchain.io/
- Twitter: https://x.com/Mint_Blockchain
- Discord: https://discord.com/invite/mint-blockchain
