Unchained Ethereum L2s Are About to Be the Hot New Thing in NFTs - Ep.498
May 26, 2023
Luke Miles, CEO of mint.fun, shares insights on his platform designed to make NFTs more accessible and enjoyable. He discusses the shift toward Ethereum layer 2s as emerging hotspots for NFTs and explains how mint.fun differs from traditional marketplaces like OpenSea. Luke highlights a trend from generic PFP projects to unique creator-centric narratives, emphasizing the rise of open editions in minting. He also offers his thoughts on Bitcoin Ordinals and the impact of NFTs on the evolving cryptocurrency landscape.
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Episode notes
Etherscan Minting
- Smart contract developers sometimes suggest minting NFTs on Etherscan due to lacking front-end skills.
- Mint.fun simplifies this process, offering a user-friendly alternative.
NFT Roadmap Failures
- Many NFT projects in 2022 failed to deliver on their initial roadmaps, leading to a market correction.
- This shift highlighted the importance of realistic expectations and sustainable project development.
Open Edition Trend
- Open editions became popular, shifting the focus from PFP projects with roadmaps to single creators.
- This change allows more accessible and lightweight NFT collections.
