Mintable marketplace announced its partnership with Immutable X, a StarkWare-based layer-two solution for nonfungible tokens (NFTs) on Ethereum, to make over 24 million NFTs on Immutable X available for sale on Mintable. This integration will enable users to deposit ETH and ERC-20 tokens with instant confirmation and no gas fees.

According to Mintable’s Twitter thread, Mintable and Immutable X share a vision to scale NFT marketplaces by offering access to NFTs to the masses.

Although zero gas fees may sound appealing, the size restriction for gasless files is only 300 MB. Anything larger than that will incur gas fees. 

Mintable’s blog statement also claimed that neither decentralization nor user custody would be compromised. Since assets are secured on the Ethereum blockchain, the project believes that users will be able to securely manage their NFTtrading experience.

Related: Immutable raises $60M for its carbon conscious NFT platform

According to Immutable X, the project ensures that any NFT activity on its protocol is completely carbon neutral. This doesn’t mean it is carbon emission-free but that it is purchasing carbon credits to offset any gas consumed on Ethereum.

Robbie Ferguson, co-founder and president at Immutable, said about the…


Source link

Leave a Reply

Your email address will not be published.

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Menu