Mint Marble (formerly MyWorld) is a social platform on Polygon established in September 2021. It aims to form a Social-to-Earn ecosystem that enables users to earn from engagement, and to construct a decentralized governance system that incentivizes users with a positive impact to create a sustainable user-centered ecosystem.
Mint Marble Metaverse is the main product of the project which will be launched as a mobile app for Androids and iOS. Due to the disclosure, the app will be similar to LINE PLAY and ZEPETO but integrated with blockchain technology.
In the metaverse, users can own and dress avatars in costumes. Meanwhile, each of them will have its own space called My Room. Users can utilize the avatar to socialize with others and play mini-games within the platform. As disclosed, almost every object within the metaverse can be tokenized as an NFT, and part of the object enables interaction with users.
The metaverse will integrate other social functions such as chat and content share. In addition, it plans to add businesses such as advertisement, shopping, streaming, broadcasting, and dating into the ecosystem.
The business model of Mint Marble
The main business on Mint Marble is NFT trading. Users can design and create an object on the platform, mint it as an NFT, and then trade it on the marketplace. The NFT minted/created can be cloned by other users. As the creator has copyright for the original asset, the cloning process needs authentication from the creator, and users need to pay for the cloning process. The copied object is an off-chain asset with an identical appearance to the original one but no copyright. The copyright fees will be one of users’ major revenue on the platform. Apart from this, they can also benefit from selling or trading NFTs and engaging in the platform.
$MIM is the utility token of Mint Marble based on Polygon. The token can be used for NFT minting, staking, in-app payment, asset transaction, governance, etc.
