Mintable
Mintable was a Singapore-based NFT marketplace (founded 2018) that let users create, buy, and sell NFTs via gasless minting, while serving enterprise clients — including banks, multinationals, and publicly listed companies — with custom blockchain solutions for traceability, provenance, and legal applications.
- Company typePrivate
- Founded2018
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What Mintable does
Mintable was a Singapore-based NFT marketplace founded on December 1, 2018 by CEO Zach Burks, operating as the second-oldest NFT platform on the internet. The company ran two core products — Mintable.com and Mintology.app — that together enabled individual users to create, buy, and sell NFTs, with a particular emphasis on gasless minting to remove the upfront Ethereum gas-fee barrier for new creators. Mintable also developed several industry-level innovations, including the ERC-2981 NFT royalty standard (built in collaboration with the Ethereum Foundation and now used industry-wide), the world's first physical gold-backed NFT, and NFT tooling used by legal systems, central banks, and in stolen-fund recovery operations.
The platform served a dual customer base. The primary segment was retail users and individual creators who used the self-serve marketplace for NFT creation and trading. A secondary enterprise segment included multi-national corporations, banks, and publicly listed companies that commissioned custom NFT solutions for government traceability, provenance verification, and legal-system integrations; one unnamed major enterprise client onboarded over 500,000 users with an average age above 50. Distribution was a hybrid of self-serve web and mobile (mintable.com, mintology.app) for the long tail and direct enterprise sales for corporate engagements.
The business model was a transaction fee on NFT minting and trading volume, with no disclosed SaaS or subscription layer. The company raised $13 million in July 2021 led by Ripple, with Animoca Brands and eight other crypto investors participating. In 2026 Mintable announced it is sunsetting both marketplace products and pivoting into a new sector outside NFTs, citing consecutive years of declining NFT usage since 2022 and persistent negative market perception, while committing to continue hosting NFT metadata and to support custodial-wallet migration for existing users.
Mintable firmographics
Firmographics- Name
- Mintable
- Legal name
- Mintable
- Website
- https://mintable.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mintable was a Singapore-based NFT marketplace (founded 2018) that let users create, buy, and sell NFTs via gasless minting, while serving enterprise clients — including banks, multinationals, and publicly listed companies — with custom blockchain solutions for traceability, provenance, and legal applications.
- Ownership category
- akta.pro rank
Mintable industry classification
Industry- Product category
- NFT Marketplace
- akta.pro primary industry
- NFT Marketplaces & Aggregators (primary/secondary, discovery, cross-market routing) (FSAPAFAB)
- akta.pro secondary industries
- General NFT Marketplaces (Multi-Category) (FSADANAA), Physical-Backed / Phygital NFT Marketplaces (FSADANAL), Enterprise & Brand NFT Commerce Platforms (White-Label/Embedded) (FSADANAM)
Keywords
Where Mintable is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Mintable business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- NFT Trading and Minting: NFT marketplace revenue generated from transaction fees on minting and trading of NFTs on the Mintable and Mintology platforms.
Go-to-market motion1 record
Distribution channels3 records
Mintable product offering
Product offeringCore offering
Mintable operates an NFT marketplace platform enabling users to create, buy, and sell non-fungible tokens. The platform features proprietary gasless minting technology that allows users to mint NFTs without paying gas fees upfront. It also developed the ERC-2981 royalty standard for ongoing creator compensation on secondary sales and pioneered the world's first NFT backed by physical gold.
Product overview
Mintable operated as an NFT marketplace platform consisting of two main products: Mintable.com (launched December 1, 2018) and Mintology.app. Together they provided NFT creation via gasless minting, royalty standards implementation (ERC-2981), and trading infrastructure. The platforms served both individual users and enterprise clients, including multinational corporations and banks. Both platforms are being sunset in 2026 due to declining NFT market conditions.
Differentiator
Problem solved
Functional benefit
Products and services
- Mintable.com NFT marketplace platform where users can create, buy, and sell non-fungible tokens. Features gasless minting technology and ERC-2981 royalty standard implementation. Served both individual retail users and enterprise clients with custom NFT solutions.
- Mintology.app Secondary NFT marketplace mobile/web application operated by Mintable, providing similar NFT minting and trading capabilities as Mintable.com.
Quantifiable outcome
- Onboarded 500,000+ users for a single major corporate client, with average user age of 50+ years, demonstrating accessibility beyond typical crypto demographics.
Companies that use Mintable
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Mintable technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Mintable partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Ethereum FoundationcoreMintable worked with the Ethereum Foundation on improving NFTs, contributing to the development and standardization of NFT technology.
Scale indicators3 records
Recent moves6 records
Expansion highlights3 records
Mintable competitors and assessment
Company assessmentDirect peers
- Zora: Zora is a decentralized NFT marketplace protocol offering minting and trading infrastructure. Like Mintable, it provides tools for creators to mint NFTs and for collectors to trade them on-chain.
- Rarible: Rarible is an NFT marketplace that emphasizes creator-friendly minting and multi-chain support. It competes directly with Mintable in the general NFT marketplace category with a similar community and creator focus.
- OpenSea: OpenSea is the largest general NFT marketplace, offering minting, buying, and selling across multiple categories. It is Mintable's most direct competitor as a multi-category self-serve NFT trading platform with global reach.
- Blur: Blur is an NFT marketplace and aggregator optimized for professional traders with advanced analytics and liquidity tools. It competes with Mintable on the trading and liquidity side of the NFT marketplace category.
- Foundation: Foundation is an NFT marketplace focused on creator-led drops and curated digital art. It overlaps with Mintable's creator-friendly NFT minting and marketplace offering for individual users and brands.
- SuperRare: SuperRare is a curated NFT marketplace for rare digital art and collectibles. It shares Mintable's NFT marketplace model with an emphasis on creator royalties and high-quality digital assets.
- Nifty Gateway: Nifty Gateway is an NFT marketplace (owned by Gemini) specializing in drops from major artists and brands. It overlaps with Mintable's NFT marketplace and enterprise brand NFT use cases.
- Magic Eden: Magic Eden is a leading NFT marketplace originally focused on Solana and now multi-chain. It directly competes with Mintable in providing marketplace infrastructure for minting and trading NFTs at scale.
Broad incumbents
- Coinbase NFT: Coinbase NFT is a marketplace offering from Coinbase, a major centralized crypto exchange. It competes in the same NFT marketplace category as Mintable but with vastly greater brand, compliance, and distribution resources.
- Binance NFT: Binance NFT is the NFT marketplace operated by Binance, the world's largest crypto exchange. It competes broadly with Mintable in the NFT marketplace space with the backing of a top global exchange.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Mintable social profiles
Digital presenceMintable financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mintable leadership team
Management profileNumber of profiles
Profiles3 records
Mintable funding detail
Funding detailFunding overview
Funding rounds2 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mintable M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mintable
What does Mintable do?
Mintable operates an NFT marketplace platform enabling users to create, buy, and sell non-fungible tokens. The platform features proprietary gasless minting technology that allows users to mint NFTs without paying gas fees upfront. It also developed the ERC-2981 royalty standard for ongoing creator compensation on secondary sales and pioneered the world's first NFT backed by physical gold.
Is Mintable a public or private company?
Mintable is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mintable founded?
Mintable was founded in 2018. It employs 11 to 50 people.
Where is Mintable based?
Mintable is headquartered in Singapore, Singapore, in the Asia region.
How does Mintable make money?
One revenue line is on record: NFT Trading and Minting.
Who are Mintable's main competitors?
Direct peers on record are Zora, Rarible, OpenSea, Blur, Foundation, SuperRare, Nifty Gateway and Magic Eden. Broad incumbents are Coinbase NFT and Binance NFT.
Does Mintable have an API?
No public API is recorded for Mintable.
What industry is Mintable in?
Mintable's product category is NFT Marketplace. Its primary akta.pro industry code is FSAPAFAB, NFT Marketplaces & Aggregators (primary/secondary, discovery, cross-market routing), with a secondary code of FSADANAA, General NFT Marketplaces (Multi-Category).