Immutable X will help overcome gas and scaling limitations for NFT traders on the Mintable marketplace, paving the way for mainstream adoption.
Mintable, the next-generation NFT minting platform, and marketplace has announced an integration with Immutable X, the first Layer 2 scaling solution for NFTs on Ethereum, created by Immutable in partnership with StarkWare. Following the integration, all existing & future L2 projects will be accessible on Mintable’s marketplace, allowing their 10 million monthly visitors to seamlessly trade over 24 million gas-free and 100% carbon neutral NFTs.
Gas and scaling limitations have been a significant barrier to entry for users who wish to trade NFTs on Ethereum. Mintable’s partnership with Immutable was born of the imperative to reduce friction for new and existing users by enabling scaling without compromising on decentralization or moving off the Ethereum network.
Through Immutable X, its Layer 2 scaling solution, Immutable aims to promote mainstream NFT adoption by offering gas-free minting and trading, self custody alongside seamless UX for developers and consumers. Immutable X is also ensuring any NFT activity on the protocol is completely carbon neutral by purchasing carbon credits to offset gas consumed on Ethereum.
Mintable’s integration with Immutable X is the latest in a series of upgrades to the platform, dedicated to maximizing accessibility and improving the NFT trading experience. The platform pioneered gasless minting, batch minting, royalties, and credit card purchases for NFTs, and recently aggregated all ERC-721 tokens on Ethereum, which are now accessible via the marketplace along with everything on Immutable X.
Jiawen Ngeow, Chief Operating Officer of Mintable, explained: “Accessibility has always been at the heart of what we do here at Mintable. This partnership brings us a step closer to our vision of making Mintable the most accessible and cost-effective place for buying and selling NFTs in the world.” “This partnership is a tremendous addition to our growing Immutable X’s ecosystem. We want to be everywhere NFT fans are and Mintable’s dedication to breaking new ground in empowering audiences with smart contracts is mind-blowing. We are excited to welcome these communities and work with Mintable to scale NFTmarketplaces.” said Robbie Ferguson, co-founder of Immutable.
Mintable is a next-generation non-fungible token (NFT) marketplace built on the blockchain. Launched in 2018, Mintable has pushed the NFT industry forward by being the first to design gasless minting, batch minting, and royalties, empowering artists and creators to monetize their work via NFTs. Mintable’s gas-free minting option allows the everyday person to get involved with NFTs without any prior knowledge in coding or upfront cost of minting an asset – a great way for everyone to get into crypto. In 2021, Mintable announced the backing of a list of high-caliber investors including renowned venture capitalist and television personality Mark Cuban, Sound Ventures, a venture capital firm founded by Ashton Kutcher and Guy Oseary, and TIME Ventures, the investment fund for Marc Benioff. To date, Mintable has sold and auctioned works by Grammy Award-winning artists, 20th-century avant-garde artists, and various high-profile artists and celebrities.
For more information, visit mintable.app
About Immutable X
Immutable X is the first and leading Layer 2 scaling solution for NFTs to enable gas-free minting and trading, while not compromising the security of the most used blockchain globally for NFTs, Ethereum. The solution, powered by StarkWare’s innovative technology, offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and a fantastic developer and user experience. Immutable X has announced integrations with established marketplaces such as OpenSea and Mintable, and is powering some of the largest NFT plays across consumer apps (TikTok), social metaverse (IMVU), gaming (ESL Gaming, Ember Sword, Gods Unchained, Guild of Guardians, GreenPark Sports, Illuvium, MyCryptoHeroes+), and launchpad partners (SuperFarm, Epics.gg).
To learn more about Immutable visit: https://www.immutable.com/