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Mintbase guide

How to create your own store and mint NFTs on Mintbase.

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What is Mintbase?

Mintbase is a platform that allows anyone to create their own NFT store. Once a store has been created, users can mint, then sell or auction their creations. Mintbase provides an environment where users can create NFTs without necessarily having the technical knowledge to do so.

Users can mint a vast range of assets, including files, music, event tickets, art, pictures and so on. After minting NFTs, users can set them as For Sale on NFT marketplaces such as OpenSea or within their own store on Mintbase.

Mintbase calls itself the Shopify of NFTs due to the ease of creating and selling items. The Lisbon, Germany-based platform is the brainchild of Nate Geier and Caroline Wend.

Mintbase home screen

What are NFTs in Mintbase?

NFTs refer to nonfungible tokens. Traditional money, such as the US dollar and cryptocurrencies, are fungible in that they can be exchanged for another. If someone gives you a $20 bill, that bill is just like, and equal to, any other in your possession.

Nonfungible tokens are a different proposition. Each one is unique and can’t be interchanged or replaced with another.

An NFT has been ascribed metadata that makes it unique from any other token. Mintbase automates the creation of these NFTs on either Ethereum or NEAR. NFTs can’t be created simultaneously on both platforms, although users are free to manually mint them on both blockchains.

Mintbase was first launched on Ethereum, but rising gas fees made minting and purchasing rather expensive for the average user. The launch and integration of NEAR has allowed the process of creating a store and populating it with your NFTs to become much more accessible to creators.

How does Mintbase work?

Mintbase aims to provide anyone everywhere with the ability to create and sell NFTs even if they don’t have the skill to do so. Originally the technical barrier to creating NFTs was quite high, as you needed to know about launching smart contracts. This is exactly what Mintbase helps with.

Each store is itself a smart contract that can be deployed with a couple clicks of a button.

Minting NFTs

Any digital good of your choosing can be turned into an NFT and sold in your store. Mintbase offers a multitude of options for customizing your NFT.

For example, creators can decide to give a royalty to any account they like in perpetuity. Any time that NFT is sold in the future, it will send a percentage (decided by the creator) to an account of their choosing.

Minting NFTs

Additionally, any and all metadata may be attached to the NFT, such as a website, date or location. If none of this kind of metadata suits your needs for your NFT, you have the ability to create custom metadata as “key value pairs.”

An example of this might be if you’re creating an NFT sword to be used within a game. The metadata might look something like “strength: 6, speed: 4” and so on.

Selling NFTs

Once you have created the NFTs, you are free to list them as For Sale, or auction them off to buyers. After being listed, buyers can browse the store front and see which NFTs you are willing to sell.

Buyers are able to either purchase the NFTs outright, or bid on them within the auction you’ve set up. Within the auction, owners of the NFT have the ability to accept or reject the bids made on the NFT.

When an NFT is sold, Mintbase charges a fee of 2.5% when you sell an NFT from your store. All other royalties you may have set up are distributed automatically to their respective accounts.

What token do I need to use Mintbase?

Mintbase runs on both the Ethereum blockchain and the NEAR protocol. The NEAR token serves as a unit of value on the NEAR network, and the same goes for ETH on Ethereum.

Mintbase is compatible with both blockchains, but not simultaneously. So if you choose to use eth.Mintbase.io, then you will be paying fees in ETH. If you choose to use mintbase.io, then you will be paying fees in NEAR.

Where can I buy NEAR?

The NEAR token is listed on Binance, FTX, OKX, Huobi Global, Crypto.com, and many others. Check CoinMarketCap for a complete list of exchanges that offer the ability to buy NEAR.

Compatible exchange: Crypto.com App

N/A
Minimum Deposit
265
Cryptocurrencies
21
Fiat Currencies
  • Priorities security with a $750 million insurance fund
  • User-friendly user interface
  • Long list of features such as lending, borrowing, staking and crypto debit cards
  • Poorly rated customer service
  • Certain cryptocurrency support is geographically restricted
  • High withdrawal fees
Crypto.com supports a wide range of cryptocurrencies and features. Its user-friendly interface makes it a good choice for both inexperienced and experienced users.

Fees for trading are competitive, though can be high when withdrawing to an external wallet from the exchange.

There is a detailed knowledge base available on how features work, as well as Crypto.com university that teaches about various assets.

The company prioritizes security, marketing and design, but reviews suggest that customer service is lacking.

Deposit Methods Credit card
Cryptocurrency
PayPal
TransferWise
SEPA
Deposit Fees None
Withdrawal Fees Cryptocurrency: Fees vary
Trading Fees Maker: 0.04-0.20%
Taker: 0.10-0.20%

Which wallet can I use to manage my NEAR?

Manage your NEAR using the NEAR wallet or Ledger hardware wallet. To sign up for NEAR wallet, go to wallet.near.org and hit Create Account.

You must write down a 12-word phrase as the online wallet is noncustodial. This ultimately means that you retain complete ownership over your NEAR, as well as any stores or NFTs created using your account.

Where can I buy ETH?

Being one of the most popular cryptocurrencies, there’s no shortage of places to grab some ETH. Some of the top exchanges include Binance, Coinbase, Huobi, Coinmama, Crypto.com, Gemini, Kraken and more. ETH can be traded with a wide range of cryptocurrencies and the biggest stablecoins.

Which wallet can I use to manage my ETH?

ETH is supported by many trusted wallets. Some include MetaMask, MyEtherWallet, Ledger, Trezor and Exodus. Consider using a hardware wallet, which is offline and protects your ETH from online vulnerabilities such as hacks and phishing. For the most simple interaction between Mintbase and an Ethereum wallet, a browser wallet like MetaMask is a great option.

How to use Mintbase

Creating a store

In Mintbase, a store is a smart contract that is like your own company. A store allows you to mint NFTs, sell or auction them, and then burn them should you choose to do so. To create a store, follow these steps:

  1. Choose Log in if you already have an account and Sign up if you don’t have an account yet.
  2. Connect a wallet.
  3. The NEAR wallet, MetaMask, Coinbase Wallet, Trust Wallet, Fortmatic, Wallet Connect, and Argent are examples of wallets that can be integrated with Mintbase.
    Mintbase store
  4. Choose Create Store on the Mintbase interface. You can create several stores.
  5. Name your store. Then, hit Create Contract.
  6. Confirm gas fee. This is the amount that Ethereum deducts for transaction fees. If you don’t already have ETH in your wallet, you can purchase some from exchanges such as Binance, Coinbase, Kraken, etc.
  7. Wait for the process to take place and for you to be redirected to Mintbase’s interface.

Selling NFTs

Users can mint NFTs and sell them on OpenSea. When you enter the price for a newly minted token, you can list it as For Sale.

You can even send out a link of the posting to social media platforms for people to see it. People that already have MetaMask, Coinbase Wallet or the NEAR wallet can purchase your NFTs in only two clicks.

eth.Mintbase.io versus Mintbase.io

Mintbase runs on Ethereum and the NEAR protocol. However, there’s an inclination towards NEAR than Ethereum. Here are some differences between the two platforms:

Fees

Minting on Ethereum is much more expensive than NEAR for a number of reasons. The predominant reason is that Ethereum has many more users interacting with the platform, driving up demand for block space, and thus the fee to have your transaction included in a block. ETH2.0 Phase 2 is said to fix the high fees on Ethereum, but until its estimated release in 2023, NFTs may be minted for a much cheaper price on NEAR.

A single transaction on Etheruem can cost up to $100. By contrast, minting up to 10 NFTs on NEAR can cost only $0.01. Mintbase developers have advised users against minting on Ethereum for that reason.

Name Product Categories Services Blockchains Payment methods
Splinterlands
Collectibles, Gaming, Trading cards
Buy, Sell, Stake
Hive
Cryptocurrency, PayPal
Splinterlands is a digital, play-to-earn, collectible card game built on hive blockchain technology.
Unstoppable Domains
Domain names
Buy, Sell, Mint
Ethereum
Credit card, Cryptocurrency, PayPal
Binance NFT Marketplace
Sports, Collectibles, Art, Gaming, Music, Trading cards, Domain names, Metaverse (Virtual Worlds), Memes, DeFi, Mixed
Buy, Sell, Mint
Ethereum
Credit card, Debit card, Cryptocurrency, Bank transfer
A peer-to-peer marketplace supported by one of the worlds largest cryptocurrency exchange, Binance. Not currently available to U.S. residents.
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