Rarible, one of the leading NFT marketplaces, has announced a partnership with Ethereum (CRYPTO: ETH) Layer 2 network Mantle Network. The new marketplace, Mintle, supports NFT trading on the Mantle Network.
Rarible founder Alex Salnikov told Benzinga, "Rarible's collaboration with Mantle Network and the launch of Mintle underlines our commitment to fostering multi-chain NFT ecosystems."
Salnikov will speak at the Benzinga Future of Digital Assets event in NYC on Nov. 14.
Rarible said that the new secondary NFT marketplace is part of its cross-chain strategy. Rarible stated it has over $27 million in NFTs traded across Ethereum, Polygon (CRYPTO: MATIC), Flow (CRYPTO: FLOW), and Tezos (CRYPTO: XTZ).
“As NFTs become more mainstream, we believe it's essential to deliver a seamless, user-friendly, and cost-efficient trading experience across various chains. Our partnership with Mantle Network signifies another step towards our cross-chain vision, as we aim to make the NFT space more accessible and diverse.”
Mintle is built on the open-source Rarible Protocol. Rarible said 4000+ applications use the protocol that Rarible token holders and the delegate community govern. Mintle offers a "community-powered" marketplace, likely referencing the Mantle DAO governance, and supports NFT creator Royalties.
Rarible and Salnikov took a strong stance in support of NFT creator royalties last month when the company announced that it would not aggregate and show listings of NFT platforms that do not support royalties, including OpenSea and Blur. Rarible's leadership position on the matter has been celebrated by creators within the NFT community.
"Beyond just art and collectibles, NFTs are becoming foundational assets in the decentralized digital economy, from virtual real estate to dynamic tokens that evolve with user engagement, as seen with Mantle's 'Citizens of Mantle' collection," Salnikov said.
"I believe in the future we will see an amalgamation of gamification, social engagement, and NFTs, opening unprecedented avenues for creators, traders, and the entire community," he added.
In conjunction with the Mintle marketplace launch, Mantle's "Citizens of Mantle" NFT collection will launch next week. Avatars from the Citizens of Mantle collection function like dynamic NFTs and evolve as users meet milestones in the Mantle Ecosystem.
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