Mint Chain(MINT) Project Analysis
Research Institute Review
Mint chain is an Ethereum Layer2 network jointly initiated by NFTScan Labs and MintCore developer teams. Construction began in October 2023, and Mint Blockchain launched its mainnet in May 2024, entering the ecosystem development phase. As an EVM-compatible network and true Ethereum L2, developers in the Ethereum ecosystem can seamlessly expand their projects to the Mint blockchain network. Mint mainnet launched in May 2024. Currently, Mint mainnet has over 400,000 active users and supports more than 80 applications. Mint blockchain has partnered with third-party RPC provider ZAN Node, allowing users to easily purchase RPC services. Additionally, each user can receive approximately 15 million free requests monthly through ZAN Node.
Recent Development
After Mint_Blockchain mainnet's official launch, it quickly garnered widespread attention. Shortly after launch, the platform has accumulated over 530,000 addresses, with 50,000+ daily active users, over 8 million transactions, averaging 200,000 transactions daily, while also completing a $5 million seed round funding.
Project Introduction
Mint chain blockchain was founded by a group of developers in Singapore in 2024. The Mint platform provides complete NFT infrastructure, including block explorer, cross-chain bridge, testnet faucet, and other tools. Its native token $MINT will be used for ecosystem governance, developer incentives, and asset pricing, dedicated to building a decentralized network supporting the full lifecycle of NFT assets.
Token Utility
$MINT is the native token of Mint blockchain. Currently, the token is still under development, but the Mint team has recently announced its utility functions and tokenomics as part of their roadmap commitments. As a utility token, $MINT serves multiple key functions in the Mint blockchain ecosystem, including:
Governance Rights: $MINT holders have voting rights and can participate in Mint blockchain network governance.
Ecosystem Incentives: $MINT is used to incentivize developers to build and contribute to Mint blockchain ecosystem development.
Functional Use: As Mint blockchain's native cryptocurrency, $MINT is the official asset within the network and also the designated staking asset for Mint blockchain validators.
Asset Pricing: $MINT is used for issuing and trading pricing of real-world assets (RWA), NFTs, tokens, Meme assets, etc. on the Mint blockchain network.
Tokenomics
MINT token total supply is 10 billion, token economic model as follows:
Category | Allocation | Vesting and Unlock Details |
MintDAO (DAO) | 50% | (Periodic unlock, no fixed schedule) |
Launch Contributors | 20% | 10% unlocked at TGE, 6-month cliff after TGE, fully unlocked over 8 quarters |
Community Airdrop | 12% | 83.3% unlocked at TGE, additional 16.7% used to incentivize Mint Forest V3 users, airdropped in 2026 |
MintCore (Core) Team | 18% | (10% unlocked at TGE, unlocked within one year after TGE, fully unlocked over 12 quarters) |
Total | 100% | Complete token unlock will continue over the next 36 months |
Risk: Mint Chain has numerous airdrops and substantial short-term arbitrage capital, which may cause significant price fluctuations when the token launches.
Project Highlights
None
Investment Institutions
The team has completed financing and raised a total of $5 million in one round of funding. The seed round was completed on May 30, 2024. Ten investment institutions participated in this round, including Whitelist Ventures, Antalpha, Mask Network, SNZ Holding, GoPlus Security, Mike Mike, Jsquare, Predator Capital, PANONY, and Block AI Ventures.
Community
Followers: 410K
Special Economic Model
None
Future Outlook
Mint has achieved remarkable success in a short time, becoming a notable innovator in the Web3 space with its low Gas fees, robust infrastructure, and rich NFT ecosystem. For users, seizing airdrop opportunities, deeply participating in ecosystem building, and continuously monitoring platform development are key to future success. With the upcoming launch of the $MINT token, Mint ecosystem's potential will further unleash, and we await this chain's future growth and development.
Basic Information
Project Introduction: Mint blockchain was founded by a group of developers in Singapore in 2024. The Mint platform provides complete NFT infrastructure, including block explorer, cross-chain bridge, testnet faucet, and other tools. Its native token $MINT will be used for ecosystem governance, developer incentives, and asset pricing, dedicated to building a decentralized network supporting the full lifecycle of NFT assets.
Token Full Name: Mint Chain
Token Name: MINT
Project Website: https://x.com/Mint_Blockchain
Project Documentation: https://docs.mintchain.io/tokenomics
Blockchain Explorer:
https://explorer.mintchain.io/token/0x8511138208529fe1b9a37b863c7EEE3Fe234b7Ab?utmSource=Twitter
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3/5/2025