![Momint](https://storage.googleapis.com/dealroom-images-production/3f/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA4LzIwLzVlOTE3OTJlNjg5Y2ViOWNmZjJhOGE4MGY3YzBlMjAx.png)
Momint
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $500k | Angel | |
$100k | Seed | ||
* | $1.3m | Seed | |
* | $50.0k | Grant | |
Total Funding | AUD3.0m |
Recent News about Momint
EditMomint is a cutting-edge social platform designed for creators and collectors, leveraging the power of blockchain technology to facilitate the creation, sale, and collection of digital art and other creative works. The platform primarily serves digital artists, musicians, writers, and other content creators who wish to monetize their work through NFTs (Non-Fungible Tokens). Collectors, on the other hand, are individuals or entities interested in owning unique digital assets and supporting their favorite creators.
Operating in the rapidly growing NFT market, Momint provides a user-friendly environment where creators can mint (create) a limited number of editions of their work, up to 25, ensuring exclusivity and value. The platform uses a proof-of-stake blockchain, which is more energy-efficient compared to traditional proof-of-work blockchains like Ethereum or Bitcoin. This makes transactions on Momint not only faster but also more environmentally friendly.
Momint's business model revolves around facilitating transactions between creators and collectors. Creators earn money by selling their work directly on the platform and receive royalties every time their work is resold. This continuous revenue stream incentivizes creators to keep producing high-quality content. Additionally, collectors can tip creators, providing another source of income for the artists.
The platform also offers educational resources to help new creators navigate the NFT space, from creating and showcasing their work to marketing it effectively. This comprehensive support system helps creators avoid common pitfalls and maximize their earnings.
In summary, Momint is a dynamic platform that empowers creators to monetize their digital work while providing collectors with a unique and valuable ownership experience. By harnessing NFT technology and an energy-efficient blockchain, Momint stands out in the digital art and collectibles market.
Keywords: NFT, blockchain, digital art, creators, collectors, proof-of-stake, royalties, energy-efficient, monetization, platform.