Mintable — a Singapore-based, Mark Cuban-backed non-fungible token (NFT) platform — is striving to become the world’s largest NFT marketplace by cataloging all NFTs ever minted on Ethereum as part of a major platform upgrade.
Users will have access to the largest — and now, most organized — inventory of NFTs that are ERC-721 tokens in the metaverse, from NFTs created in the past on Ethereum as well as new NFTs once they are minted on-chain, according to Mintable.
The platform upgrade — now live — also introduces a “rarity meter” powered by a proprietary algorithm that assesses NFTs for their rarity and uniqueness when such data is available. NFTs are rated common, uncommon, rare, ultra-rare, insanely rare and “holy grail” according to their attributes, allowing traders and collectors to better ascertain the value of an NFT before they buy. Users now are also able to see an NFT’s transaction history and seller reviews.
The slew of new features also includes allowing NFT buyers and sellers to message directly with each other on the platform. What was once a mosh pit of 10 million NFTs is now organized into more than 400 subcategories — from collectible avatars to pop art to punk music — to help users browse and find NFTs according to their interest.
Zach Burks, Mintable founder and CEO, told Forkast.News in an interview that Mintable’s goal was to bring NFTs to more creators and collectors. “We want to make sure that we are pushing the NFT space forward with these progressive features that we think are a requirement for the NFT space,” Burks said.
The new features are intended to make it easy for experienced NFT traders and new users alike to find information on NFTS so that they do not need to spend hours doing research. “We are presenting more information because you need to be empowered when you’re on the page so that you can make an informed decision,” Burks…
