Mint Blockchain, an Ethereum Layer 2 network dedicated to the NFT ecosystem, has secured a grant of 750,000 OP tokens, valued at approximately $1.35 million, from Optimism Governance during the latest cycle of Optimism Grants.
On October 15, Mint Blockchain confirmed the approval of their grant application for 750,000 OP tokens, which will be utilized to enhance “the Superchain NFT economy.” This funding marks Mint as the sole “Superchain” project awarded in this grant cycle.
The announcement reveals that, alongside Mint, grants were also awarded to other notable projects including Uniswap, DelegateMatch, and Scout Game during Cycle 28.
Mint Blockchain expressed gratitude for the support received, emphasizing their commitment to driving NFT innovation and adoption within both their platform and the wider Superchain ecosystem.
Mint plans to deploy the grant funds to empower developers and onboard new users to its platform. The organization also hinted at sharing more comprehensive plans in the near future.
Stressing the intention behind the grant, Optimism highlighted its goal to foster growth for developers and boost user engagement within the Mint blockchain ecosystem, with an overarching aim to accelerate NFT innovation across multiple superchain platforms.
In light of the funding, Mint has extended an invitation to developers to launch their projects on its protocol and to contribute ideas in the NFT sphere via the Mint development forum.
Mint Blockchain encourages those passionate about NFTs to share their concepts, expressing excitement for future collaborations and developments in the field.
Founded in May 2024, Mint Blockchain is relatively new to the mainnet scene, boasting over 400,000 active users globally and supporting more than 80 applications. The platform successfully completed a $5 million seed funding round with backing from various investors.
As a member of the OP Superchain, Mint Blockchain is strategically partnered with the Optimism Foundation in the Asia-Pacific region, claiming to significantly lower gas fees for on-chain interactions while enhancing scalability within the Ethereum ecosystem.
