Mintify, known as one of the leading cross-chain non-fungible token (NFT) marketplaces, has launched its own utility token $MINT. This move positions it among the few platforms in the industry providing users with enhanced engagement through the utilization of tokens.
The Launch of $MINT Token
On March 25, 2025, the Mintify Foundation, the team behind the Mintify platform, confirmed the launch of its ecosystem token '$MINT'. The token has been listed on the crypto exchange KuCoin, offering users opportunities for acquisition and utilization. As of the time of publication, users have already actively engaged with the Mintify Foundation's website to check their eligibility and claim the tokens.
Mintify Features and Capabilities
Launched in January 2022, Mintify offers a modular infrastructure and services for NFTs, aiming to be the 'Bloomberg' for NFT trading. It provides access to data and tools for creating applications, particularly for NFT trading across various marketplaces. The platform aggregates NFT listings from multiple markets into a unified order book, simplifying users' ability to view and compare NFT prices and execute trades.
$MINT Tokenomics
The $MINT token provides holders access to Mintify features and assets, as well as faster cost-effective cross-chain settlements. Token holders can buy, stake, and receive discounts when paying for apps, gas, NFTs, and tokens. The distribution is as follows: 27.23% to investors, 39.1% to the community, and 25.17% to the Mintify ecosystem. Additionally, 15% of the total tokens are allocated to the community, key users, and launch partners.
The launch of the $MINT token marks another significant step forward in Mintify's development as a leading NFT platform. Its tokenomics and roles in the ecosystem provide enhanced user engagement and improve its capability to deliver quality trading services.
