# Max Mint ⏫ *Author: William M. Peaster* *Published: Sep 1, 2023* *Source: https://www.bankless.com/max-mint-nft* --- --- Dear Bankless Nation, Last month, nearly **100 million NFTs were minted** via +6 million transactions across Ethereum, Arbitrum, Optimism, and Base. ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fa590be84-d502-4b17-8993-05fd7abe186a_1600x673-jpeg.jpg)*via [J.Hackworth](https://twitter.com/jphackworth42/status/1697633010152075478)* I know for my part, I was definitely minting dozens of NFTs all over the place throughout Coinbase’s [Onchain Summer fest](https://onchainsummer.xyz/). It was a lot of fun, and I got a lot of cool digital goodies, including a [Parallel starter deck](https://bankless.ghost.io/play-parallel/). And guess what? Ethereum wasn’t congested at all amid all these festivities unlike we’ve seen in past NFT surges. We’ve entered the era of the “Max mint,” in other words. Now you can mint *many *NFTs very affordably on L2s, and more and more people are making the leap up as they’re adventuring on these new layers. Personally, I’m very excited to see what further experiments this abundance meta will bring. In the meantime thanks as always for reading everyone, and have a great weekend. For now let’s get you caught up on the past week ✌️ -WMP --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fcdb34958-4fcc-4360-b834-9fb1a855d3e7_1215x308.png) ### **📊 The big picture** > Over the past week, the floor-based market cap of the NFT space slightly shrunk from 8.55 million ETH to [8.52 million ETH](https://app.nftvaluations.com/) for a 0.35% drop ⤵️ ### **🔝 7D top collections by volume** ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f92c59064-1238-42c8-bfc7-a53eca959233_1098x584-png.jpg)*via [pro.opensea.io](https://pro.opensea.io/)* --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f7ba66419-81cf-4c94-9e5c-094ea99743ab_1216x308.png) ### **📰 General news** - **Farcaster **is starting its [V3 rollout next week](https://twitter.com/dwr/status/1695187576003645873). - **Firstmate**, a DIY NFT storefront builder, [raised $3.75M](https://www.theblock.co/post/247651/firstmate-raise-dragonfly). - **Impact Theory**, spearheaded by Tom Bilyeu, was charged by the SEC with conducting an [unregistered security offering](https://www.sec.gov/news/press-release/2023-163) via its Founder Key NFTs. - **OpenSea **unveiled an [open standard for redeemable NFTs](https://opensea.io/blog/articles/redeemables-standard-roadmap). - **OpenSea Pro** added [floor price changes](https://twitter.com/openseapro/status/1696557788241993857) to its homepage. ### **🏆 Digital collectibles** - **Chimpers **introduced its [first physical figurine](https://twitter.com/ChimpersNFT/status/1696609097934627031). - **ZenAcademy **held its [Denizens collection reveal](https://twitter.com/punk9059/status/1696846230100340840). ### **🎨 Cryptoart & music** - **Ira Greenberg’s ***Mappings *series [sold out on BrainDrops](https://twitter.com/braindrops_art/status/1696940490732585452). - **NiftyApes **introduced [artistfinancing.xyz](https://twitter.com/NiftyApes/status/1696196858979250549), a protocol designed to let cryptoartists provide seller financing directly. - **Snowfro **minted some of the [final Chromie Squiggles](https://twitter.com/squiggleDAO/status/1696654487065096648). - **SuperRare **launched [Curation Staking](https://twitter.com/SuperRare/status/1696565113007075720?) on the Rare Protocol. ### **🎮 Decentralized gaming** - **Axie Infinity **reintroduced [Fortune Chests](https://blog.axieinfinity.com/p/fortune-chests-are-back). - **OpenSea Pro **added support for [Parallel cards](https://twitter.com/openseapro/status/1696917499051184500). - **Xai**, an L3 chain on Arbitrum, launched the [Xai Odyssey campaign](https://twitter.com/XAI_GAMES/status/1696233038500286701) centered around educational quests. - **Yuga Labs** is launching an [open beta](https://twitter.com/OthersideMeta/status/1697007687744061853) for its Legends of the Mara game next month. ### **🌐 Virtual worlds** - **Decentraland **is running an [Emote Contest](https://twitter.com/decentraland/status/1696943125741150624) with 20k MANA in prizes. - **oncyber **added support for [displaying Arbitrum NFTs](https://twitter.com/oncyber/status/1696914078432665743). ### **🪙 NFTfi** - **Astaria **[relaunched](https://twitter.com/josephdelong/status/1696880179912523912?s=20). - **NFTfi.com **added support for borrowing against [Sablier V2 money streams](https://twitter.com/NFTfi/status/1696523033442443552). --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f162470ee-ddda-4464-91c6-6d4bf7b05d7c_1214x309.png) #### **🎆 Mint spotlight: **[**The Holograph x LayerZero mint**](https://app.holograph.xyz/) > I’ve previously [written on Holograph](https://bankless.ghost.io/holograph/), a multichain NFT minting platform powered by LayerZero tech. This week the two projects kicked off a commemorative mint to celebrate their partnership, and since the release is free, and since both projects are token-less and *may *conduct airdrops later, this one’s an interesting low-stakes opportunity right now. There’s over four days left on the mint, and you might also consider [bridging your new NFTs](https://app.holograph.xyz/bridge) to a different chain via Holograph to *potentially *up your eligibility. Knowledge and experience are its own rewards in crypto, but retro airdrops are always pretty cool too, right. ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fca42decf-8969-47a1-b0c5-daad5f250dbd_1920x918-png.jpg)*via [Holograph](https://app.holograph.xyz/)* --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f81a7305a-c2aa-483d-a0c3-0c48855dd9f2_1214x308.png) #### **🙇 New insightful reads to level up your web3 knowledge!** > 1. **cygaar **on [ERC6909](https://twitter.com/0xCygaar/status/1696613835942314239?s=20) 🧠2. **WASD **on [5 MUD games to watch](https://twitter.com/WASD_0x/status/1697380811887313389?s=20) 🎮3. **WINTΞR **on [building BasePaint](https://twitter.com/w1nt3r_eth/status/1696538222602670361?s=20) 🎨 --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2fcdb87340-b66e-46d7-9c03-c7e3bb1be156_1214x309.png) #### **✨ My NFT tool of the week: **[**The FirstMate App**](https://www.firstmate.xyz/create) > If you’re an NFT creative trying to navigate the uncertain royalties landscape, why not drop your *own *custom royalty-enforcing NFT marketplace and focus your efforts there? Now it’s particularly straightforward to do so thanks to FirstMate, which just launched its [NFT Storefront Builder app](https://twitter.com/usefirstmatexyz/status/1696185513969926400) in partnership with Manifold. ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f582eeb59-5066-446c-ae83-57d432ddf88f_951x596-png.jpg)*via [FirstMate](https://www.firstmate.xyz/create)* > To access this resource, just sign into Manifold and then go to the “Apps” dashboard and press “Install” on the FirstMate option! ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f198ad2c4-08f2-434f-8437-d2ad2cbbace3_1553x734.png)*via [Manifold](http://www.manifold.xyz/)* --- ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f5c3e3257-0613-41c9-a587-3e85a8393edc_1216x308.png) #### **😜 Now SEC Chairman Gary Gensler’s bringing his act to NFTs…** ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/https-3a-2f-2fsubstack-post-media-s3-amazonaws-com-2fpublic-2fimages-2f1cbdb830-70f7-4017-b12e-6ca5735f1036_795x772-png.jpg)*via [Bankless](https://twitter.com/BanklessHQ/status/1696596732996620355?s=20)* --- *\* Bankless team holds crypto assets and advise crypto projects. [NiftyApes](https://www.bankless.com/niftyapes) is included in our disclosures. See our complete investment disclosures [here](https://www.bankless.com/disclosures)*