Mint Blockchain is an Ethereum L2 network initiated by NFTScan Labs and the MintCore development team, which began construction in October 2023.

Mint Blockchain is a native Ethereum L2 network developed based on the OP Stack technology solution, with DA placed on the Ethereum mainnet. Therefore, the underlying ledger security of Mint Blockchain is entirely built on the security consensus of the Ethereum network. At the same time, as an L2 network, Mint Blockchain is a fully EVM-compatible public blockchain network, allowing Ethereum ecosystem developers to seamlessly extend their projects to the Mint Blockchain network. As an L2 network, Mint Blockchain greatly reduces the gas cost of on-chain interactions, providing effective scalability for the Ethereum ecosystem, which can promote the prosperity and sustainable development of the Ethereum ecosystem.

Mint Blockchain is backed by NFTScan Labs, focusing on the development of the NFT ecosystem. NFTScan Labs is a Web3 developer organization founded in 2021, with NFTScan Browser and Web3 developer platform under its umbrella. NFTScan currently has the world's largest NFT asset database, supporting 24 blockchain networks and resolving over 10 billion on-chain NFT records. NFTScan's Web3 developer platform serves thousands of Web3 projects including Binance Web3, Bybit Web3, imToken, Enjin, Stepn, Coin98, CoinMarketCap, TokenPocket, HashKey Group, OneKey, Cobo, SlowMist, Mask Network, and more. NFTScan Labs has rich developer resources and NFT development experience in the NFT field, laying a solid foundation for prioritizing NFT ecosystem development for Mint Blockchain.

In addition, in April 2024, Mint Blockchain joined the OP Superchain ecosystem as an official member. At the same time, Mint Blockchain is also a strategic partner of the Optimism Foundation in the Asian market. The Mint ecosystem growth team will collaborate with the Optimism Foundation to expand the Asian market and build the Superchain developer ecosystem. Superchain, as the core strategic business of the Optimism Foundation, has a sound developer ecosystem and significant brand influence in the Ethereum L2 field. After Mint Blockchain joins Superchain, it can efficiently carry out infrastructure construction, introduce excellent ecosystem projects into the Mint ecosystem. It is worth mentioning that developers and project teams joining the Mint ecosystem can also receive Retro Funding support from the Optimism Foundation!

As an Ethereum-native L2 network, Mint Blockchain will prioritize the development of the NFT ecosystem, focusing on the development and construction around NFT assets, providing one-stop underlying infrastructure services for Web3 developers including NFT asset issuance, trading, indexing, storage, and more. According to NFTScan data, there are currently 4000-6000 NFT projects issued on the blockchain every day, with an average of 5 million new NFT assets added daily. NFT, as the most active encrypted asset on the blockchain, is flourishing. In this process, the MintCore team also sees the problems existing in the NFT field, such as low standardization of NFT asset protocols, NFT asset data security issues, non-standard storage of NFT Metadata, and low efficiency of NFT data indexing, which will pose significant obstacles to the NFT industry and ecosystem in the present or future. Therefore, the MintCore team will solve these problems by building Mint Blockchain, providing a secure and stable decentralized network and interactive environment for NFT throughout its lifecycle.

Currently, the MintCore development team is building a one-stop open-source underlying infrastructure around NFT on Mint Blockchain, including a series of NFT infrastructure such as NFT asset protocol standard library, NFT Launchpad, NFT Marketplace, NFTFi, NFTScan, NFT Indexer, NFT Metadata distributed storage layer, etc. These NFT infrastructures aim to solve key issues in the development of the NFT industry and ecosystem, while also directly reducing the development threshold for developers on the Mint network, guiding and promoting more developer teams to innovate asset protocol standards and application development around NFT, better promoting the prosperity of the NFT industry.

Essentially, compared to FT assets, NFT assets have better scalability and programmability. The Metadata of NFT assets can carry more information and data on-chain, greatly enriching the decentralized data in the blockchain ledger, making the blocks more usable and creating more on-chain value. At the same time, NFT assets have a wide range of applications: RWA, AIGC, music, tickets, memberships, reputation networks, digital identities, encrypted art, blockchain games, entertainment industry, social, copyright tracing, digital brand marketing, etc. NFT can bring a new round of industrial revolution to many Web2 fields, greatly improving their operational efficiency and value capture capabilities. In the near future, we will see a Web3 digital industrial revolution led by NFTs, in which Mint Blockchain will participate and strive to promote the arrival of that day!

On another level, as a type of encrypted asset that is easier for the general public to understand and accept, NFT can efficiently spread encryption technology and blockchain spirit to all corners of the world, effectively promoting the popularization and application of blockchain technology on a global scale. NFT, as a new type of encrypted asset, bears this responsibility, and this is also the vision and mission of Mint Blockchain: to let everyone in the world own NFT assets, making NFT a new digital way of life for all humanity!

According to the latest development roadmap and official blog content released by Mint Blockchain's official website (https://www.mintchain.io/), the Mint Blockchain development timeline and major milestones are as follows:

In October 2023, Mint Blockchain began development and construction;

In February 2024, Mint Testnet was released;

In April 2024, Mint Blockchain became an official member of OP Superchain and a strategic partner of the Optimism Foundation in the Asian market;

In May 2024, the number of Mint Forest player users exceeded 360,000, and the monthly user visits to the Mint Blockchain official website reached 3.2 million;

In Q2 2024, the plan is to release Mint Mainnet;

In Q3 2024, the plan is to release mainnet activities and ecosystem development strategies, as well as release the NIP asset protocol standard library;

In Q2 2025, the plan is to release the decentralized Staking mining of the sorter, realizing the decentralized distribution of Mint Blockchain sorter revenue;

In Q4 2025, the plan is to release the decentralized NFT indexer and Metadata distributed storage layer, providing developers with one-stop NFT underlying development services.

MintCore team is committed to building Mint Blockchain into a decentralized network centered around servicing NFT assets. From innovating the underlying protocol standards for NFT assets, to NFT issuance, trading, and settlement, as well as constructing a distributed storage layer for NFT asset metadata, and finally establishing decentralized indexing for NFT asset data, Mint Blockchain will evolve into the most distinctively positioned and ecologically featured L2 network in the Ethereum ecosystem, providing robust NFT development tools and infrastructure for Web3 developers!