Mint Blockchain secures $1.35m grant from Optimism to boost NFT innovations

Ethereum L2 community for the NFT business, Mint Blockchain acquired a grant of 750,000 OP tokens ($1.35 million) from Optimism Governance within the twenty eighth cycle of Optimism Grants.

On October 15, Mint introduced Blockchain in a X message that Optimism (OP) has authorized their grant utility for 750,000 OP tokens or equal to $1.35 million. The NFT-focused community will use the funds to gas “the Superchain NFT financial system.”

In response to the put up, Mint is the one ‘Superchain’ venture within the Cycle 28 spherical of grant approvals. Primarily based on the winners of cycle 28 announcementOptimism additionally authorized grants for Uniswap, DelegateMatch and Scout Recreation.

“We’re past grateful for his or her help as we proceed our mission to speed up NFT innovation and adoption in Mint Blockchain and the broader Superchain Ecosystem,” Mint Blockchain stated in its put up.

Mint Blockchain plans to make use of the funds obtained from the grant to help builders and entice new customers to the superchain. Mint additionally hinted that it’s going to unveil extra detailed plans within the close to future.

Optimism talked about in a separate X message that the purpose of the grant is to gas developer development and improve person engagement within the Mint ecosystem. On a broader scale, Optimism hopes the grant will additional drive NFT innovation and adoption inside the Mint Blockchain and in different superchain ecosystems.

After receiving the grant, Mint took the chance to ask builders to launch their tasks on the protocol and share their concepts within the NFT area by Mint’s growth discussion board.

“In case you are obsessed with NFT fields, you may share your concepts by the Mint developer discussion board. We’re able to work collectively to make these NFT ideas a actuality. We’re enthusiastic about what lies forward and look ahead to supporting you!” wrote Munt.

Mint Blockchain, a comparatively new mainnet, was based in Could 2024 and presently has over 400,000 lively customers worldwide and helps over 80 purposes. Originally of his journey, Mint completed a $5 million seed financing spherical joined by Jsquare, SNZ Capital, Antalpha Ventures, Masks Community, BlockAI Ventures and Predator Capital, amongst others.

Mint Blockchain is a member of the OP Superchain and a strategic accomplice of the Optimism Basis within the Asia Pacific area. Mint claims that its mainnet considerably reduces fuel prices for on-chain interactions and helps present efficient scalability for the Ethereum ecosystem.