A New Era of NFT Trading
In a groundbreaking collaboration, Mintable has announced a partnership with Immutable X, a StarkWare-based layer-two solution tailored for non-fungible tokens (NFTs) on Ethereum. This strategic alliance will bring over 24 million NFTs from Immutable X to Mintable’s marketplace, revolutionizing how NFTs are traded and interacted with.
What Does This Mean for Users?
Imagine a world where you can buy and trade NFTs without worrying about those pesky gas fees! With this integration, users can deposit ETH and ERC-20 tokens quickly and securely, giving everyone the chance to dive headfirst into the exciting world of NFTs without breaking the bank. Instant confirmations make transactions feel like a breeze!
A Shared Vision for Accessibility
Mintable and Immutable X are on a mission. In their recent Twitter thread, they expressed excitement over their shared vision to democratize access to NFTs. The partnership aims to make NFT marketplaces more accessible to the masses, blurring lines and elevating the user experience. Who wouldn’t want to snag some NFTs without the hassle of high transaction fees?
The Trade-Off with Size Restrictions
While it may sound like a dream come true, there are a couple of catches. For starters, the limit for gasless files is set at 300 MB. If you’re planning to upload the next Mona Lisa of NFTs, be prepared for some extra fees if you exceed that limit. Remember, just like your favorite buffet, there are limits—even in the NFT world!
Commitment to Decentralization
Mintable assures its users that decentralization and user custody remain intact. NFTs are secured on the Ethereum blockchain, ensuring that your assets are managed safely while you’re busy trading. Bid farewell to worries and say hello to a more secure trading experience!
A Carbon Neutral Approach
Immutable X is also making waves in the environmental arena by ensuring its NFT activities are carbon-neutral. While they’re not entirely gas-free, they do purchase carbon credits to offset their Ethereum gas consumption. A win for your digital assets and the planet, too!
What the Experts Are Saying
Robbie Ferguson, co-founder and president of Immutable, expressed his enthusiasm for the partnership, noting, “We want to be everywhere NFT fans are.” His admiration for Mintable’s dedication to empowering users with smart contracts shows that both companies are on the same page when it comes to user-centric offerings.
Innovative Governance with Mintable’s DAO
Mintable doesn’t just stop at NFTs. It also operates a decentralized autonomous organization (DAO), which is unique for running on NFTs instead of ERC-20 tokens. This innovative approach allows MINT-voting NFT holders to actively participate in governance, making their trading experience even more engaging. So, if you’ve got some MINTs, you’re in the driver’s seat!
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