Coin98 Integrates Mint to Enhance NFT Capabilities
Coin98 has announced the integration of Mint, an innovative Layer 2 blockchain designed specifically for NFTs, into its Super wallet. This marks a significant enhancement for Coin98's all-in-one DeFi platform, aiming to address untapped demand in the industry and bridge traditional finance (TradFi) users to various DeFi services on multiple blockchains.
What is Coin98?
Coin98 is an all-encompassing DeFi platform that offers a wide range of products, ensuring seamless user experiences across multiple blockchains. The platform consists of three main products:
Coin98 Wallet: A multi-functional wallet that allows users to store, send, receive, and manage crypto assets. It connects to numerous decentralized applications (dApps) on over 20 blockchains such as Ethereum, Binance Smart Chain, Solana, Polygon, Avalanche, and Terra. The wallet is accessible on both mobile (iOS & Android) and as a Chrome extension.
Coin98 Exchange: A multichain liquidity aggregator, enabling users to swap, stake, lend, borrow, and earn crypto at the best rates with low slippage.
Space Gate: A cross-chain bridge facilitating the swapping and transferring of values across multiple networks. It supports token swaps between ERC-20 tokens, BEP20 tokens, SPL tokens, and more.
Why is the Integration Important?
The integration of Mint into Coin98’s Super wallet signifies a leap forward in leveraging NFT technology. This partnership will empower users with enhanced NFT capabilities, providing an improved and more secure experience for minting, trading, and managing NFTs.
Utility of the C98 Token
The C98 token is the native utility token of the Coin98 platform. It plays a crucial role in the ecosystem by:
- Paying for service fees
- Offering staking incentives
- Enabling governance
- Providing unique membership rights
Conclusion
The integration of Mint with Coin98 ensures that users benefit from the latest advancements in blockchain technology. This development enhances Coin98’s position as a comprehensive gateway bridging TradFi users to diverse DeFi services across multiple blockchains, fulfilling its mission of meeting industry demands effectively.
By understanding this integration, even those new to the world of DeFi and NFTs can appreciate how platforms like Coin98 are evolving to meet the needs of a growing market. The addition of Mint exemplifies Coin98's commitment to providing a robust, user-friendly DeFi ecosystem.
