Mintable Review

The rise of NFTs has captured the attention of the crypto industry and mainstream audiences alike. This surge is driven by the cultural impact of NFTs on aspects like music, gaming, art, and social media. Amidst this fervor, NFT marketplaces play a crucial role, and Mintable stands out as a key player. In this review, we delve into the workings of Mintable, its role as an NFT innovation hub, how to navigate its features, and its pros and cons.

What is Mintable?

Mintable is a US-focused NFT marketplace operating on Ethereum and Zilliqa blockchains. It emphasizes user-centricity, seeking a balance between functionality and user experience. While maintaining simplicity, Mintable has innovated standard NFT marketplace features, including gasless minting.

Mintable grants users full ownership of NFTs and the underlying smart contracts. It offers flexibility through features like batch minting and metadata storage options, providing autonomy. This classification as a decentralized NFT marketplace led to the introduction of a decentralized autonomous organization (DAO) that empowers users in the platform's governance.

Notably, Mintable's governance system involves ERC721 tokens, making it unique. These tokens grant users voting power and are earned through trading NFTs on the platform, fostering a community-driven ecosystem.

How to Buy NFTs on Mintable

To buy NFTs on Mintable, you'll need an account and a connected wallet. After connecting your wallet (Metamask, Rainbow, Trust Wallet), explore the marketplace by category (e.g., Art, Collectibles, Game Items). Click on an item for more details. If an auction, place a bid; if not, pay the asking price with ETH from your wallet or a credit card. Purchased NFTs automatically appear in your wallet.

How to Sell NFTs on Mintable

To sell NFTs on Mintable, log in, click "List an Item for Sale," and choose if the item exists on the blockchain or requires minting. For existing items, select from your wallet, choose a listing type, and publish. Promote listings to enhance visibility.

How to Mint NFTs on Mintable

To mint NFTs on Mintable, click "Mint an Item." Choose gasless or gas-fees options. Gasless minting creates NFTs at purchase, transferring minting fees to buyers. Provide information, upload a high-quality file, set a price, and decide copyright transfer. Click "List This Item" to publish.

Fee Structure

Fees on Mintable vary based on NFT type. Gasless NFTs incur a 5% commission, while normal NFTs (existing on the blockchain) have a 2.5% fee. Printable series, where NFTs are minted after sale, carry a 10% fee.

Customer Support

Mintable prioritizes customer support through FAQs, videos in Seller's University, email, and a chatbot.

Pros and Cons of Mintable

Pros:

• Supports self-custody of NFTs
• Offers hybrid payment options
• Allows gasless minting
• Governed by a community-based DAO
• Robust customer support

Cons:

• Restricted to US residents