Introducing the World’s First Composite NFT Launch Platform

Mintology launches the world’s first curated NFT launch pad – a Kickstarter and online marketplace where artists and creators can list their digital creations immediately upon sale. The launch is scheduled for the end of September 2021.

The challenge for artists and creators is that there is no way to easily access a community when designing their NFTs. Mintology is the next step for these creators.

In short, Mintology is the IEO of NFTs – users can go public directly on an NFT exchange, giving potential buyers instant access looking for a collection of digital assets.

What is an NFT?

An NFT (or non-fungible token) is a unique digital asset whose value stems from its unique characteristics and digital scarcity, rather than its full market value like a traditional stock or bond. In addition, NFT creators set their own prices, unlike many assets in traditional digital asset markets (such as Spotify or Apple Music).

Essentially, it creates scarcity for something that wasn’t scarce enough before information itself. Before NFTs, the only way to ensure scarcity was through patents or trademarks, and even then digital assets could easily be copied and stolen. However, NFTs allow a creator to create an inherently scarce resource due to the uniqueness of each resource’s attributes, which may include source code, images, or simply a unique address on the blockchain.

For some artists, NFTs have also allowed them to monetize their content in new and exciting ways. For example, a composer might use an NFT to sell tickets to a live performance of his music, or a painter might sell an NFT that represents a limited edition of one of his paintings. As the world’s first fully integrated digital asset marketplace, Mintology offers creators more ways to earn additional revenue from their work.

However, this newfound global fascination with NFTs is a double-edged sword, leading to a market flooded with substandard NFT projects, making it difficult for investors to discover projects with real potential. Mintology strives to make high-quality NFTs the new standard for digital ownership in a carefully selected market.

The IEO of NFTs

Mintology makes it easy for creators to start designing their NFTs, but it also provides the infrastructure they need to succeed. This allows creators to focus on what they’re good at, making art and music, not managing a market.

This is similar to how CEOs (initial exchange offers) and IDOs (decentralized initial exchange offers) made it easier for entrepreneurs to enter into cryptographic exchanges directly, democratizing access to capital for promising companies.

Mintology offers creators the ability to store and list their digital assets in an NFT community. Once a seller lists an artwork, it will appear on the platform as available for purchase. Through the NFT directory, artists and creators join a thriving community.

What does this mean for artists and creators?

Including your work in Mintology allows artists and creators to list NFTs and publish them on Mintology’s carefully selected launch pad and subsequent NFT marketplace. They can do this by thinking directly of the website. After making their NFT, anyone can buy it from any of the supported cryptocurrencies on the market.

Any valuable digital asset must have one big advantage over its physical counterpart: instant liquidity. This will be possible when the Mintology market launches and artists and creators can enter their assets directly into the NFT launch pad and automatically post to the market, without having to publish the headache themselves.

How does it work?

Mintology is powered by Ethereum’s smart contract technology and serves as an exchange for creating and trading NFTs.

NFTs are created using the ERC-721 standard. This model requires an NFT to have a uint256 variable called tokenID. This means it must have a globally unique variable so that two NFTs cannot share an ID. Furthermore, it becomes technically impossible to duplicate an NFT.

This is in stark contrast to traditional marketplaces and social media, from Instagram to Spotify, where when a user uploads an image or song, there is no unique, decentralized identifier linking the item to their identity, meaning they can identify themselves indefinitely. It can repeat and centralized providers can remove it at any time.

What is the future of NFTs?

With the creation and launch of new platforms that allow artists and creators to leverage their unique NFT capabilities, the obvious question arises: how much will it be worth? This is where things get really interesting. The value of an NFT depends on many factors, including its scarcity (how rare it is), how much demand it has in terms of supply, as well as how often its creator is in a particular community (the so-called “credit factor”. “).

The market for rare digital collectibles, such as digital business cards, is estimated at billions of dollars a year. With companies like Dogs in the $85 million price chain, we expect these markets to continue to grow. Digital art and music are just one part, while many other sectors are growing in parallel, like physical sports cards or tennis.

After all, NFTs are just a digital representation of an asset and, like all assets, have value when needed, whether it’s virtual terrain on Mars or something as simple as an image.The digital world is only going to become more integrated with the real world, and NFTs are yet another example of this convergence. Mintology is empowering creators by democratizing NFTs, and fostering quality in the new digital economy with a curated marketplace.