by R.A. Rowell
For digital collectibles enthusiasts like myself, Mintable.app is a godsend. It allows you not only the ability to display and interact with crypto collectibles you already own, but also an easy way to mint your own! Previously, you had to know how to code NFTs (non fungible tokens) along with smart contracts and deploy them yourself. Mintable gives you a way to do all that easily without you having to code anything. You can even create your own Non-Fungible Tokens in bulk, drastically cutting down on the transaction fees (know on Ethereum as gas) usually related to minting. The fee is only $1 a piece, and currently you can bulk up to 40 tokens at a time.
The Digital Collectibles Journal became aware of Mintable through a news feature involving their Mintable's new partnership with Jetcoin Institute. Jetcoin is working on tokenizing up-and-coming talent in the sports and entertainment business. They already have a "Jetcoin Champion" by the name of May Myat Noe, a supermodel superstar on the rise. Using their platform, Jetcoin is working to serve as a launchpad for the careers of many up and coming sports and entertainment stars.
These blockchain-powered digital collectibles are different from your traditional collectibles in that they are tokens on the Ethereum Blockchain. These tokens use the ERC-721 smart contract protocol which has become a standard for blockchain collectibles. It's the sort of token used for CryptoKitties, Gods Unchained trading cards, and more.
While NFTs are still a tiny percentage of the collectibles market overall, they are quickly on the rise. They may not have the appeal among traditional collectors that say autographed sports cards and vintage baseball cards do. But, to many young forward-thinking investors, due to their immutability and provable authenticity, they are the future of collecting. The market cap of NFTs as collectibles is expected to grow into the billions within the next decade or so.
Many people are aware of the volatility of cryptocurrency and how one crypto coin can go from zero to a lot of money and back to zero in a hurry. But, with NFTs on established blockchain networks like Ethereum, EOS, TRON, and Steem, you can invest in crypto without taking on the risks of the native crypto coins. Now, with Mintable, you can essentially create your own crypto collectibles at will for a very small fee with zero programming knowledge. Of course, being on the massively popular Ethereum blockchain, you can freely trade them as you wish. This includes selling them on popular blockchain collectibles marketplaces such as OpenSea.
The Jetcoin partnership is just one high-profile example of what Mintable is setting out to do with their token creation platform. Now, any content creator can create their own tokens, either as a way to raise funds, create unique collectibles, or both. Of course, digital artists can use this platform to easily deploy their crypto art. Game developers can now more easily mint and deploy in-game items, too.
Mintable is going to be a revolutionary force in crypto collectibles, making it easier than ever to create NFTs for the world to enjoy. Certainly, we will see many more partnerships with Mintable to help bring the platform more exposure. With a growing, bullish market for blockchain collectibles, there’s going to be plenty of demand for what this platform offers. Imagine memorabilia for sports and entertainment being bought and sold from your phone, which is what teams, bands, and media companies are now able to do for a fairly low cost. At the end of the day, Mintable is a platform that will change the landscape of digital marketing forever.
How would you use the Mintable.app platform?
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R.A. Rowell is a collectibles enthusiast who comes from a long history of collecting trading cards in both sports and in Trading Card Games. He is passionate about educating the world about the future promise and benefits of digital collectibles, both on the blockchain and off.