News Report

Mirror introduces Writing NFTs

Mirror introduces Writing NFTs

Mirror Users can convert their essays into digital word NFTs effortlessly.

Launched in 2020, Mirror has become a go-to blogging platform for writers who wish to express themselves and disseminate their ideas on the Ethereum blockchain. In just two short years, it has attracted a vibrant community of writers, not limited to essayists, but also including protocol developers, tech enthusiasts, and investors. NFT projects, and DAO operators. 

Beginning May 26, creators on Mirror can start minting written-word NFTs. All they need to do is connect their Ethereum wallet to the Mirror Dashboard. Best of all, creating these NFTs comes at no cost. The platform operates on Ethereum's Layer 2, which ensures that transactions are both speedy and affordable.

This platform empowers writers of all types, offering tools to refine their writing, seek crowdfunding for upcoming projects, launch exclusive digital collectibles at a set price, and share earnings with collaborators.

The benefits extend to collectors as well, as they can make their mark by acquiring significant writings. The service features user profiles dedicated to collectors, showcasing curated collections of essays, along with a global leaderboard. Users can influence the ecosystem by voting for their favorite pieces with Mirror’s governance token.

For example, the team at Mirror turned their announcement into an NFT which currently has a floor price of 0.11 ETH, roughly equating to $200. This straightforward and rapid method of creating NFTs is an intriguing application of blockchain technology in practical scenarios. blog post An executive from Meta stirred confusion by stating that the company has no plans to create a dedicated Metaverse.

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Disclaimer

In line with the Trust Project guidelines Valeria reports for Metaverse Post, focusing on fundraising, artificial intelligence, the metaverse, digital fashion, NFTs, and all things related to Web3.

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