Mint Blockchain Launches Developer Mainnet: Completes $5 Million Seed Round

Mint Blockchain, a Layer 2 (L2) network on Ethereum tailored for the NFT industry, successfully concluded a $5 million seed funding round. Notable investors, including Jsquare, SNZ Capital, Antalpha Ventures, Mask Network, BlockAI Ventures, Predator Capital, GoPlus, Whitelist Ventures, and PANONY Group, participated in the round.

Individual investors like Victor, founder of Smart Token Labs, and Mike, founder of GoPlus, also joined. The team will channel the capital they raised towards global market brand building and the development of NFT infrastructure. Mint Blockchain launched the Mint mainnet in May 2024 after the successful seed round. The mainnet already boasts over 400,000 active users globally and supports more than 80 applications. NFTScan Labs and the MintCore developer team collaboratively launched Mint Blockchain, an Ethereum L2 network. Mint Blockchain, built on the OP Stack, uses an open-source development stack maintained by the Optimism Collective. This EVM-compatible network allows developers within the Ethereum ecosystem to extend their projects seamlessly to Mint Blockchain.