Dune Unveils 'Mint Moment' to Transform Data Visualizations into NFTs
Dune, a leading blockchain analytics platform, has introduced an innovative feature dubbed 'Mint Moment'. This groundbreaking initiative enables users to mint data visualizations as non-fungible tokens (NFTs), effectively capturing significant moments in onchain data. Dune asserts that 'Mint Moment' is geared towards rewarding onchain creators and analysts by opening up new revenue streams while allowing users to own and trade pieces of crypto history.
What is the 'Mint Moment' Initiative?
In collaboration with Base and Zora, Dune's 'Mint Moment' initiative aims to engage data enthusiasts and supporters of onchain creators. The feature allows users to mint data visualizations as NFTs, encapsulating unique moments in blockchain history. Fredrik Haga, CEO and Co-founder of Dune, remarked, “Onchain data is living, breathing, and always updating, but certain moments in time represent something special. With Dune's new Mint Moment functionality, anyone can forever capture and collect the data of the moment while also paying their gratitude to the creators behind the insight.”
For Creators: How to Get Involved
Creators interested in participating in 'Mint Moment' need to connect their wallet to their Dune account. This wallet address is essential for receiving rewards from the NFTs minted from their charts. Team collaborations are supported as well, allowing teams to add a shared wallet to ensure all members are rewarded. If a wallet isn’t connected, charts won’t be eligible for minting. For those already connected, proceeds from mints will automatically transfer into the Zora Rewards contract, where they can be claimed at any time. Creators also have the option to opt-out if they prefer not to join the reward program.
Earnings from Mints
Each mint of a creator's chart will earn them 0.000333 ETH. The more mints a chart receives, the higher the earnings, providing direct support from the community and encouraging the continued creation and sharing of valuable insights.
For Minters: Why You Should Mint
Support Your Favorite Creator
Minting charts as NFTs directly supports the creators behind the data. There’s no limit to how many charts can be minted, allowing users to collect as many as they like. Each mint contributes to the creator’s earnings, rewarding their contributions to the community.
Own a Piece of History
Minting a chart captures an important moment in onchain history. Whether it’s a significant milestone like Base hitting 500 million in transaction volume or a unique visualization, these NFTs can be treasured as part of a digital collection or traded on various platforms.
How to Mint a Chart as an NFT
Minting a chart on Dune is straightforward. Users can browse through various charts and data visualizations available on Dune, connect their wallet, and mint the chart as an NFT. The process requires a small gas fee in addition to the Zora mint fee of 0.000777 ETH.
Onchain Summer Exclusive NFT
To celebrate the launch of 'Mint Moment', Dune is releasing a special NFT edition available only during Onchain Summer 2024. This limited-time NFT is available until August 26th, marking the start of users' minting journey with Dune.
Dee Goens, Co-founder of Zora, expressed excitement about the partnership, stating, “This integration further expands the definition of a Zora creator and empowers developers, analysts, and Dune Wizards to capture value from their insights while building onchain brands.”
