Mintable App To Support Minting NFTs On The Layer Two Immutable X Protocol
Read the full article by ORNELLA HERNÁNDEZ
By integrating Immutable X's technology into its marketplace, Mintable hopes to tackle gas and scaling limitations for NFT traders.
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Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees.
Mintable’s blog statement also claimed that neither decentralization nor user custody would be compromised. Since assets are secured on the Ethereum blockchain, the project believes that users will be able to securely manage their NFTtrading experience.
“We want to be everywhere NFT fans are and Mintable’s dedication to break new ground in empowering audiences with smart contracts is mind blowing. We are excited to welcome the communities and work with Mintable app to grow NFT marketplaces.”
Mintable also operates a decentralized autonomous organization (DAO) and is the first DAO to run on NFTs instead of ERC-20 tokens. The Mintable NFT DAO relies on MINT-voting NFTs. MINT holders can sell their voting NFTs on open marketplaces.
Immutable X/USD 3 hr chart chart: Coinbase
VeVe has already formed partnerships with some huge brands, including Disney, Warner Bros., Capcom, Marvel and DC Comics. Some of their most popular collectibles to date have come out of their Ghostbusters, Batman, Spiderman, Superman, Powerpuff Girls and Harley Quinn drops. Veve is also the first fully carbon neutral protocol, that has helped them secure so many big partners.
