Mint Blockchain Receives $1.35M Grant from Optimism to Boost NFT Innovation
Date: 2024-10-15 Author: Oliver Abernathy Categories: BLOCKCHAIN
On October 15th, Mint Blockchain posted a post on X announcing that their request for a grant of 750,000 OP tokens had been approved. The funds will be used to develop the “Superchain NFT economy.”
According to the post, Mint is the only “Superchain” project in the 28th grant cycle. Optimism has also provided grants to projects such as Uniswap, DelegateMatch, and Scout Game as part of this cycle.
“We are extremely grateful for this support as we continue our mission to accelerate NFT innovation and adoption on both the Mint Blockchain and the broader Superchain ecosystem,” Mint Blockchain said in a statement.
Mint Blockchain plans to use the funding to support developers and bring new users to its Superchain ecosystem. The company also plans to share more detailed plans soon.
Optimism said in a separate post on X that the goal of the grant is to drive growth for developers and increase user engagement in the Mint ecosystem. On a larger scale, Optimism hopes that the grant will further drive NFT innovation on both the Mint Blockchain and other Superchain ecosystems.
After receiving the grant, Mint took the opportunity to invite developers to launch their projects on the protocol and share their NFT ideas via the Mint Developer Forum.
“If you are passionate about NFTs, you can share your ideas via the Mint Developer Forum — we are ready to work together to turn these concepts into reality. We are excited about what lies ahead and look forward to supporting you!” Mint wrote.
Mint Blockchain, a relatively new core protocol, was founded in May 2024 and currently has over 400,000 active users worldwide and supports over 80 applications. At the start of its journey, Mint closed a $5 million seed funding round, which included participation from Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, and other investors.
Mint Blockchain is a member of OP Superchain and a strategic partner of the Optimism Foundation in the Asia-Pacific region. The company claims that its core protocol significantly reduces the cost of gas fees for on-chain interactions and facilitates efficient scaling of the Ethereum ecosystem.
