NFT (Non-Fungible Token) represents a unit of cryptographic data stored on a blockchain, symbolizing unique digital assets. Since the ERC721 protocol was proposed in 2017, the NFT market has undergone significant development. Now, the NFTScan Labs team introduces Mint Blockchain – a new network for NFT innovation.
NFT Development
NFT (Non-Fungible Token) are unique digital assets that cannot be directly exchanged, unlike cryptocurrencies. Since the ERC721 standard was proposed in 2017, NFTs have shown resilience and limitless potential. The 2021 bull market saw NFT volumes reach hundreds of billions of dollars.
Introduction to Mint Blockchain
Mint Blockchain is a Layer 2 network focused on promoting innovations in NFT protocols. It emphasizes protocol innovations and expanding NFT applications in areas such as AI-generated content, gaming, reputation systems, and art. Mint Blockchain allows users to participate freely in creating and issuing NFT assets.
The Significance of Mint Blockchain
Mint Blockchain aims to become a leading innovative network for NFT protocols, fostering global NFT issuers and developers, and providing transparent block revenue sharing. In the next 5-10 years, NFTs will integrate deeply into everyday digital life.
Mint Blockchain has the potential to significantly impact the NFT sector, driving innovation and expanding the use of unique digital assets.
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