Mintverse Expands to a Multi-Chain NFT Ecosystem
In order to meet users’ diverse needs and practical scenarios, the Mintverse team has deployed Ethereum on the platform to further deepen the exploration of the NFT market.
For a long time, Ethereum has been the core infrastructure of the DeFi ecosystem. It also occupies a dominant position in the NFT industry — most of the NFTs and applications in the current market are built on Ethereum. In the crypto world, Ethereum has a strong consensus and recognition with a large number of user groups and many application scenarios. NFT, relying on the Ethereum ecology, has higher liquidity and is widely accepted in the mainstream market.
Behind the prosperity of Ethereum, problems such as network congestion and high gas fees gradually appear. Although Ethereum 2.0 is difficult to land in a short time, the development of Layer2 technology has given the Ethereum ecosystem sufficient buffer time. Through Layer2 technology, Mintverse can place part of operations originally on the Ethereum chain onto the Layer2, to greatly improve the process efficiency and also enjoy the advantages of the Ethereum ecosystem.
Mintverse gives users the opportunity to mint on the platform without gas fees eliminating a problem that comes with the Ethereum network. However, a one time gas payment will be required for your first minted NFT on the platform. Curators who successfully mint five pieces on the platform will receive a grant for the gas fee paid during the initial minting process.
From Ethereum’s Layer2 expansion plan, as well as the innovation and ecological prosperity of new blockchains, we can see that each new blockchain is speeding up with Ethereum. The future blockchain layout will be a pattern where multiple blockchains coexist, and multi-chain will inevitably be a trend in the development of projects. In the face of complex and diverse applications, the characteristics of different blockchains are becoming more and more distinctive. The coexistence of BSC and Ethereum versions will bring greater flexibility and scalability to Mintverse. The types of assets that users can trade will also be richer. With the increase in the number of supported public chains in the future, the advantages of Mintverse’s multi-chain ecosystem will be further highlighted.
