<h2 id="header-0">What Is Mint?</h2><p>Mint is an innovative Layer 2 network dedicated to the NFT industry. The Mint Blockchain aims to advance NFT asset protocol standards and facilitate widespread adoption of NFT assets in real-world business environments.</p><p>Regardless of whether it&#39;s the NFTs that have emerged on the Ethereum network over the past four years or the &#34;inscription&#34; NFTs that were active on the Bitcoin network last year, we can anticipate that a significant portion of future crypto assets will be distributed via NFTs.</p><p>Mint Blockchain aims to evolve into a decentralized network platform dedicated to the issuance, circulation, and settlement of NFT assets, enabling NFTs to integrate into everyone&#39;s daily lives!</p><h2 id="header-1">How It Works&#xff1f;</h2><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc9Zoq-PDkxn3vNDSkvnu1HiTJnu6QdbjUYjuf7vv60hGhRk--e_j_kBtMVZn6jDIq-80n7uJUwaC4kNl-J-TP43OzifoLCva1GFGxOogNYg-w5xvlc0nnpPH7Wn7yRoxz7u2R2dJDwPtgDeWR1y6k2hjQm?key&#61;ZtNh3UMUC-i1rp6ZKj18Ug" />Mint blockchain ecological operation diagram</p><h2 id="header-2">Future Application Scenarios Of NFT</h2><p>AIGC: The fusion of NFTs and AIGC will unlock substantial value for content creation, enabling free circulation, transactions, and additional encryption features!</p><p>RWA: Tokenize high-value physical assets into NFTs on the blockchain, enabling free circulation and transactions on-chain.</p><p>Gaming: NFTs serve as the foundational assets of blockchain games, ensuring greater openness and fairness in the gaming experience.</p><p>PASS: NFT PASS will revolutionize traditional membership systems with enhanced intelligence, privacy protection, and freedom.</p><p>Social: In the realm of SocialFi projects, NFTs serve as the fundamental underlying assets, facilitating communication support and identity recognition among individuals.</p><p>PFP: PFP NFTs once spearheaded the NFT bull market. Moving forward, we can expect large-scale creators to continue launching PFP NFT projects to convey social information.</p><p>DID: NFTs will become the foundational assets of decentralized identity systems and on-chain reputation systems, leading to the emergence of a significant number of .eth identities.</p><p>POAP: POAP NFTs are primarily used to commemorate and verify a user&#39;s participation in events or achievements.</p><p>Music: NFTs will play a major role in the music industry, offering better protection for music copyrights.</p><p>Sport: NFT will play a positive role in spreading influence in the area of sports and promote the development of sports.</p><p>IP Brands: Combining traditional IP and cultural brands with NFTs will unlock tremendous commercial value.</p><p>Everything: NFTs are a highly scalable encrypted asset medium that can theoretically encapsulate any assets, information, or data you can imagine. The possibilities are endless!</p><h3 id="introduction-to-nip-and-mrc-on-mint-blockchain">Introduction To NIP And MRC On Mint Blockchain</h3><p>1.NIP is an innovative NFT asset protocol proposal on the Mint blockchain.</p><p>NIP (NFT Improvement Proposal) introduces a cutting-edge NFT asset protocol on the Mint blockchain. Leveraging the Mint blockchain network, any developer can freely initiate proposals for NFT asset protocol standards tailored to new application scenarios and propose new NIPs.</p><p>2.MRC is the asset protocol standard on the Mint blockchain.</p><p>MRC (Mint Request for Comment) is the asset protocol standard for the Mint blockchain, primarily focusing on NFT protocols. Each new MRC asset protocol standard will be released with comprehensive developer documentation, open-source code, and explanations of applicable scenarios. Once an MRC protocol is released, anyone can use it to launch NFT projects tailored to specific scenarios and needs on the Mint blockchain.</p><h3 id="mint-blockchain-s-unique-advantages">Mint Blockchain’s Unique Advantages:</h3><p>1. Low costs for issuing NFT assets.</p><p>2.Rich variety of NFT asset protocol standards.</p><p>3.Comprehensive and developer-friendly NFT infrastructure.</p><p>4.Shared block profits with developers and open to collaborative innovation!</p><h2 id="header-3">Mint Blockchain Development Vision:</h2><p>1.The Mint blockchain network will become an innovation hub for NFT asset protocol standards and a leading network for NFT standards within the EVM ecosystem.</p><p>2. Mint blockchain will be the go-to value network for issuing NFT assets, connecting millions of NFT issuers and developers worldwide.</p><p>3.The Mint blockchain network will be an open, co-created decentralized platform, offering transparent and shared block revenue with its developer community.</p><h3 id="introduction-to-the-mint-blockchain-developer-team">Introduction to the Mint Blockchain Developer Team:</h3><p>1.MintCore: MintCore is the core development team behind Mint Blockchain. They are responsible for selecting the underlying technology, blockchain development, and maintaining essential components like cross-chain bridges and transaction sequencers.</p><p>2.NFTScan Labs: NFTScan Labs is the team behind the blockchain infrastructure NFTScan and the primary initiators of the Mint blockchain network. They focus on developing and building the necessary infrastructure for Mint Blockchain, including block explorers, NFT browsers, developer documentation systems, SDK tools, and NFT software and hardware terminal operating systems.</p><p><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXecr1UTYQyK2uGHRB6ql7kiUHOacWfQsb5ivx2hPervGJ_eWVHjxWFhNTduaQt7BLmm0QHk2mtKhjByfPLu-6nENZZPulUPK-ve9fpQlRYwr40W9nXrMoqj3rJprecpGwoIoDIM1sT_QRWKrfaLCw-BFkXk?key&#61;ZtNh3UMUC-i1rp6ZKj18Ug" /></p><p>As a Layer 2 blockchain dedicated to the NFT industry, Mint Blockchain will build new native applications and possibilities to the Ethereum and Bitcoin networks. Welcome more builders to the Mint Blockchain ecosystem!</p>

Mint Blockchain—A Layer 2 Network Focusing On The NFT Industry

Table of Contents

Mint Blockchain

Other articles published on Aug 6, 2024

Upbit Announced Listing of Recently Popular Altcoin, Price Jumped!

ARK Buys COIN And HOOD Shares Amidst Market Slump

Polymarket Faces Scrutiny as Lawmakers Demand Tougher Election Betting Regulation

Australia’s Big Banks Block Crypto Payments Amid Rising Crypto Popularity

World’s largest Bitcoin miner increased BTC holdings by $124M in July

Bitcoin Cash Price Eyes $400 as Market Rebounds Peaks: What’s Next?

Join our free newsletter for daily crypto updates!