NFT marketplace powered by Ethereum with top collections and gasless minting.
Pros and Cons that Stand Out
Pros
• Accepts payment by credit card. You can buy NFTs using ETH or a credit card, however, both methods require a crypto wallet and a Mintable account.
• Gas-free minting Mintable gives developers the option of lazy minting or creating new NFTs without paying for gas.
• Ample instructional resources. Users may learn a lot from Mintable Help about purchasing their first NFT, connecting their wallet, and minting NFTs.
• A list of the top NFT collections. The popular ETH collections Bored Ape Yacht Club, Dreadfulz, Azuki, World of Women, and many more are available on Mintable.
• The authenticity procedure. To assist users in determining whether an NFT is authentic, Mintable performs a reverse image search and prominently labels verified collections.
Cons
• One cryptocurrency is supported. Unlike Mintable, which only accepts ETH for cryptocurrency payments, several NFT marketplaces accept a variety of cryptocurrencies.
No mobile app exists. Both a mobile market place app and a mobile NFT display app are not provided by Mintable. Each of the following marketplaces has a mobile app: Nifty Gateway, OpenSea, and Rarible.
As is the case with the majority of NFT exchanges, Mintable is built on the Ethereum blockchain. It’s a straightforward NFT market. It has some experience under its belt despite being only one year younger than OpenSea.
What distinguishes it from other mixed marketplaces while it is similar to the others? Two key aspects, in our perspective, stand out: gasless minting and authenticity checks.
How we view Mintable
An established NFT market is Mintable. It debuted in 2018, making it only marginally more recent than its main rival OpenSea. Given that they were both founded at the same time, Mintable estimates it has about 300,000 registered members, whereas OpenSea has over one million active users.
Bored Ape Yacht Club, Doodles, and Azuki are just a few of the well-known, verified ETH collections listed on Mintable, which is rather typical for ETH marketplaces given that it is founded on the Ethereum platform.
Why pick Mintable if it’s similar to so many other marketplaces? Its lax minting feature and ground-breaking authenticity checks might persuade you, though.
The sluggish minting feature of Mintable is its best and most prominent feature. In exchange for a greater marketplace charge for the buyer, this enables inventors to mint their NFTs for free. The buyer is responsible for the 5% marketplace charge when purchasing gasless NFTs from the Mintable Gasless Store.
The intimidating gas costs, a barrier to entrance for many aspiring new makers, are effectively eliminated by lazy minting.
Fraudulent NFTs are a significant, ongoing problem with NFTs. Due to the fact that NFTs are digital goods, it is quite simple for someone to clone the digital file and mint it as their own.
To help collectors avoid NFT frauds and fraudulent listings, Mintable developed its own authenticity method in the middle of 2021 to address this problem. It’s the first platform to provide NFT authenticity checks, in fact. OpenSea has only lately begun to take action against phony NFT postings.
Reverse image search is used by Mintable’s authenticity verification to confirm an NFT’s legitimacy. Every time you mint an NFT, Mintable looks online for exact replicas or notably similar NFTs and offers them on the buyer’s website.
This procedure isn’t a “catch-all, but it’s a crucial step toward protecting the interests of NFT inventors and collectors alike,” according to Mintable. Giving buyers a sense of how unique an NFT might be will enable them to make an educated choice.
You can tell a collection is legitimate by looking for a dark blue “Guaranteed Authentic” tick while viewing it on Mintable. This mark indicates that the collection is certified and has through the authenticity check.
What Mintable is
The top digital goods platform for selling blockchain-related stuff, according to Mintable.
Mintable is a website where users may mint, buy, and sell NFTs. It was founded in 2018 by Zach Burks. The word “mint,” which describes the process of tokenizing a digital file on a blockchain so that it can be distributed, serves as the platform’s name.
According to Mintable’s own statistics, the site currently receives between 6 and 10 million unique visitors each month and about 300,000 registered users.
You need an account with Mintable in order to buy, sell, and mint NFTs. Visit Mintable.app, click Sign Up in the top right corner, enter the relevant details, check the boxes, and select Create an Account.
It’s a fairly typical and well-known signup process. Additionally, you have to link your cryptocurrency wallet to the account and confirm your email.
To make purchases and store NFTs, you need an Ethereum wallet, and ETH is needed to pay the gas costs while dealing with the network. You can also use a credit card to purchase NFTs.
Mintable cryptocurrency and blockchain
ETH is required to purchase, sell, and mint on the Mintable platform, which is built on Ethereum. Mintable suggests the free software wallet MetaMask for compatible wallets. Trust Wallet and Rainbow are two other wallets that are supported.
Nearly all of the main cryptocurrency exchanges, such as Crypto.com, Gemini, Coinbase, FTX.us, and Binance, provide ETH.
• A variety of currencies that can be exchanged
• Easily navigable
• Welcome bonuses
• Up to $250k in currency balance insurance
• Balances can earn interest
• Expensive mobile app fees
• Some significant top 20 currencies are absent.
• No accessible associated debit cards
What varieties of NFTs are offered by Mintable?
A mixed market is Mintable. NFT genres consist of:
• Art
• Collectibles
• Gamestuff
• Music
• Domains
• Templates
• Videos
The majority of NFTs on the platform are ERC-721 tokens because Mintable has only implemented the ERC-721 standard for token issuance.
How to purchase NFTs with Mintable
You must a Mintable account in order to purchase NFTs on the platform if you don’t already have one. In order to perform transactions and keep your recently acquired assets, you also need a cryptocurrency wallet.
Purchasing an NFT on Mintable is as follows:
1. Register for an account or log in. On the Mintable homepage, click the “Sign up” link to register.
2. Attach your digital wallet. You can click Hoodr Connect Wallet in your profile settings if you didn’t link your wallet when you signed up or if you wish to connect a different wallet.
3. Possess ETH ETH is needed by Mintable for both purchases and gas costs.
4. Search the classifieds. Due to the platform’s heterogeneous marketplace, there are numerous NFT genres to browse. Select the desired object once you’ve located it.
5. Get the product. Select Confirm the transaction after paying for the desired item.
Or use your credit card to pay for an NFT. The credit card processor charges a 5% fee if you choose this way. It’s crucial to remember that you still require a crypto wallet if you intend to utilize a credit card.
When you use a credit card to make a purchase on the platform, the funds on your card are immediately converted to ETH, and the NFT is then sent to your cryptocurrency wallet.
popular Mintable creators
On Mintable, the following promoted NFT producers and verified collections are available:
• Curated Art Blocks
• Azuki
Club Bored Ape Yacht
• Cryptowanciu
• Doodles
• Dreadfulz
• marshall83
• Meebits
• Moonbirds
Club Mutant Ape Yacht
• Otherdeed
• Lands in Sandbox
• tom2tree
• Women’s World
Buying and selling NFTs on Mintable
On other platforms, selling NFTs is very similar to doing so on Mintable. Additionally, you can mint your own goods to sell on the open market.
1. Select the NFT. By clicking My Account, then selecting List an Item for Sale, you can access your Mintable account. You have the option to start generating a new NFT or select owned assets when a new tab appears.
2. Provide information. You must construct a listing title, subtitle, and description if you created a new NFT.
3. Make an offering. Choose List You only need to select a price for this Item to finish.
On Mintable, you can sell your NFT in one of three ways:
• Auction — choose the start time of the auction; the highest bidder prevails. On auction products, there is also a Buy Now option with a set price.
• Printable — Made for limited edition artwork or collectibles, they are no longer available once all have been sold. Create a ton of printable listings; only the ones that sell are considered to exist.
Regular products are those with a set price. there isn’t one.
Monetary charges
A fixed marketplace fee is present on the majority of NFT marketplaces. The marketplace cost charged by Mintable, however, is transaction-specific.
Creators can choose any royalty percentage they want on Mintable. To provide for a higher resale value, it is generally advised that creators choose a royalty level below 30%.
Drops of Mintable NFT
All upcoming NFT drops are listed on Mintable’s NFT drop page. Each unique drop has a wealth of information that explains the importance of the gathering.
You can sign up via email to receive notifications when drops go live and to remain informed about Mintable releases.
Features that set Mintable apart
The Mintable characteristic of gasless minting, also known as lazy minting, is uncommon among NFT marketplaces. Several additional marketplaces, such Nifty Gateway and FTX.us NFT, reimburse these costs under certain conditions.
However, with Mintable, it is simple to mint an NFT without spending money on gas. When generating an NFT, Mintable guides you through the process and makes it clear whether you should mint with a conventional transaction or mint without one.
When an item sells, Mintable increases the marketplace charge from 2.5% to 5%, thus be aware of this if you use the gasless minting tool. In essence, this just delays paying for the NFT’s minting until after it sells.
Legitimacy of Mintable
It is legal to buy, sell, and mint NFTs on Mintable.
We were unable to locate any proof of a site-wide hack on Mintable. However, we discovered a Mintable-reported incident involving OpenSea that detailed a scenario in which several OpenSea users fell prey to a phishing scam in which about $1.75 million worth of NFTs were stolen. Three stolen Azuki listings from the incident were discovered by Mintable, which then purchased them and is giving them back to the rightful owners.
Zach Burks, the founder of Mintable, said: “This exploit was made possible by an OpenSea bug, and if OpenSea isn’t going to fix it, someone has to.”
Mintable seems to be a secure NFT marketplace given the lack of site-wide hacks and the incredibly gracious act of returning stolen NFTs that were no fault of its own. Users leery of entering the NFT space due to scams may find comfort in the fact that it is the first NFT marketplace to implement an authenticity process to help collectors.
Authenticity checks and decentralized applications aren’t perfect, regardless of how “safe” an NFT marketplace may seem, so be on the lookout for NFT scams and protect your private keys for your cryptocurrency wallet.
To sum up
Mintable’s gasless minting might be the ideal solution if you’re a new creator trying to break into the NFT space with a distinctive NFT collection but lack the funds to pay for minting or simply don’t want to pay exorbitant ETH gas fees.
Mintable also offers some security for collections thanks to its authenticity checks, the first of its kind for decentralized marketplaces.
Mintable is a solid marketplace for creators, collectors and crypto newbies.
