Animoca Brands, a company advancing digital property rights for gaming and the metaverse, and its subsidiary Quidd, the original digital collectibles and NFT marketplace, announced on Tuesday the launch of its Mintables feature, a feature that enables collectors to mint and unmint digital collectibles into NFTs on the Ethereum blockchain.
The first collection launched with the Mintable feature is the Atari x Quidd Collection, available now on the Quidd website and soon on GAMEE’s Arc8 mobile app.
Mintables addresses many pain points in the NFT industry. For many mainstream collectors, minting NFTs can be difficult and expensive while for seasoned NFT enthusiasts, officially-licensed branded NFTs are often locked down in custodial wallets and centralized applications. With Mintables, Quidd reduces the cost, time, and complexity for crypto novices to make their first mint. No cryptocurrency is required, only a self-custody wallet such as MetaMask.
For seasoned NFT enthusiasts, Mintables provides off-the-shelf interoperability with leading Ethereum NFT marketplaces, such as OpenSea and Rarible. Additionally, Mintables can be unminted and reminted to new blockchains at the owner’s discretion. This unique utility provides unparalleled portability, enabling NFT owners to bring their NFTs to major blockchain ecosystems if and when they want.
Officially licensed Atari digital collectibles on Quidd are now available to mint and unmint to the Ethereum blockchain for the low introductory price of $3 per mint. In the near term Quidd will open up more collections for minting, and will add support for more blockchains, including WAX, Flow, and Binance Smart Chain.
Mintables offers an additional benefit for the 7,000,000+ collectors on Quidd: minting preserves an item’s metadata and the collector’s ownership of the item inside Quidd. Minting does not affect any ranks or status in the Quidd community, and the Quidd app aggregates both digital collectibles and NFTs in a single collection interface.