in

NFT Minting on Hedera with Mintbar


NFT lovers, rejoice! The industry has yet another option for NFT minting and this time, it comes as Mintbar launches on the Hedera blockchain. As was recently announced, the project has launched its new app for minting NFTs called Mintbar as well as funding for 12 different projects.

How the Mintbat Works

All assets created using the Mintbar will be based on the HIP-412 standard and as Hedera Hashgraph has explained, there will be no need for technical know-how to leverage the app. Furthermore, Hedera has stated that the standard is compatible with most major marketplaces and could catapult it into more prominence within the NFT space.

Along with this, the Hedera foundation has also announced support for three cohorts of projects. These projects are in the fields of Fintech, Insurtech, Greentech, Agritech, Sportstech, Mediatech, DeFi, Stablecoins, Web 3.0, Gaming, Metaverse, NFTs, DAOs, and Tokenization and this is being achieved with support from the Swiss Digital Assets Institute (SDAI).

While promoting the use of the Hedera network, the foundation will provide $250,000 for startups, $750,000 for enterprises, and up to $1,500,000 overall.

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.





Source link

Leave a Reply

GIPHY App Key not set. Please check settings

What do you think?

After A Gigantic Bearish Trend in 2022, Will Dogecoin(DOGE) Price Moon in 2023?

Hackers steal $8M from BitKeep users by spoofing wallet app