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Cryptocurrency News Articles

Mintify Launches Utility Token $MINT

Mar 26, 2025 at 01:24 am

In a March 25 blog post, Mintify Foundation, the team behind the Mintify NFT marketplace, has confirmed the launch of its ecosystem token “$MINT.”

Mintify Launches Utility Token $MINT

Mintify, one of the leading cross-chain non-fungible token marketplaces, has launched its utility token. The much-anticipated ecosystem token will be listed on Kucoin today, March 25, and users can now claim the token, merging with the likes of OpenSea, Blur, Magic Eden, and Tensor.

Mintify has officially launched their token $MINT.

A fair, open launch with no low float, no high FDV—just real onchain trading, built for everyone.

Why I’m backing this:

• Fair tokenomics – No artificial inflation, no games.

• No gatekeeping – Full… pic.twitter.com/qZycOrWyQi

— SHL (@SHL_eth) March 25, 2025

Announced in January 2022, the non-fungible token infrastructure and services platform is modular, aiming to be a “Bloomberg trading terminal for NFTs,” offering a trading terminal and upcoming drops discovery. The NFT market platforms provide crypto users with access to data and build applications, especially those facilitating NFT trading across various NFT marketplaces.

The digital asset trading platform has experienced rapid growth in recent months, driven by its strategic acquisition of Magically. Mintify aggregates NFT listings from various marketplaces, creating a unified order book. This allows traders to view all available NFTs in one place, compare prices, and execute trades. It serves over 200K users.

Mintify "MINT" Tokenomics

The new Mintify token "MINT" will provide its holders with access to Mintify features and assets, including cheaper and faster cross-chain settlement, the ability to buy, stake (rewards), and receive discounts when paying for apps, gas, NFT, and tokens. The Mintify team has invested 27.23% of the total tokens and the remaining to its community and ecosystem.

Moreover, the Mintify Foundation has allocated 14.85% of the total ecosystem tokens to its community, 10% to the XP users (activity rewards), 2% to the key NFT holders, 2.65% to the launch partners, including Bored Ape Yacht Club, Mad Lads NFT collection, and 0.2% of the total tokens to its top NFT supporters. The MINT Foundation will release the new ecosystem token slowly within three years.

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Other articles published on Apr 18, 2025