Founder’s Letter, 2022
For many people 2021 was one of the toughest years due to the pandemic. However, for everyone in the Mint Club community it will also be marked as a founding year of the next innovation of social tokens on the planet. You may not fully realise how big this journey to create a micro-token economy is, but we can all agree that we’re sailing this boat together somewhere no-one in the crypto scene has ever been. Becoming a pioneer is always risky and tough, but it’s also an exciting, meaningful and important part of building society. Let’s all become pioneers of social tokens.
Mint Club made its debut on July 13, 2021 with a successful pre-sign up from June 15 - 29, 2021. These are just some of the milestones we have achieved together:
MINT token followed the Fair Launch principle (no token sale and no free team allocations) during the pre-sign up and the result was remarkable. Over 93.75% of the total supply was minted as a token swap (burning HUNT to earn MINT) with about 2 million USD market valuation. 6.25% was distributed by the community airdrop and over 90,000 people applied for the airdrop. Learn more.
Mint Club joined the Binance Labs Incubation Program season 3 on November 15, 2021. Announcement
1s.market - the first-ever time token marketplace on the Binance Smart Chain - launched by one of our partnering companies on top of the Mint Club protocol on December 1, 2021.
MINT token listed on Gate.io on December 3, 2021.
The number of smart tokens (the tokens created via Mint Club protocol) surpassed 2,000 on December 3, 2021.
Milestones to achieve during 2022
Of course the social token industry is not formed by one company but it’s in the very initial stage which means we are a key part of this industry. Many people are only now starting to realise the huge potential of the power of tokenization for the micro economy so the future for us is very bright.
The role that we set is simple. Mint Club is an open platform and we are striving for it to become the base platform for all social tokens. Anyone with just an idea can launch their tokens simply via the Mint.club website. And any devs/companies can launch their own token building platforms (e.g. 1s.market) simply by using the Mint Club protocol and public SDK.
In order to achieve this immense goal, we set the following milestones for 2022.
The team will launch an innovative NFT project on the Mint Club ecosystem, and it will be a BSC-original project, not a BAYC-like copycat.
Mint Club will be presented at the Binance Labs Demo Day (the schedule is not confirmed yet).
We will invite more dev teams/companies who can create their own unique token building platforms and the team will help with any tech, design and market support.
More updates/improvements for the Mint Club platform to optimise the product-market fit including the Zap out contract, widget customisation, pro feature subscription, bot or plug-in support, smart token balance check extension, smart token payment gateway, etc.
Our hope is that within a few years, the social token sector will reach a market cap of over 1 trillion dollars and over 500M MAU (monthly active users), and Mint Club can become the key player that leads this fast-growing industry.
Of course, this doesn’t mean that our journey will only consist of green lights. We may be stuck in the red zones sometimes. The external negative market situation may also affect us. But remember this. Becoming pioneers of a new challenge is exciting and extremely rewarding. We can take this voyage together. The future of social tokens is even beyond anything we can dream.
January 1, 2022
The Mint Club team