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Animoca Brands subsidiary Quidd announces its plan for digital collectible on Ethereum blockchain

On June 27, the famous Animoca Brands and its subsidiary, which basically works on digital collectibles, Quidd, have officially announced on their website their new plans for minting and unminting digital collectibles (Mintables) on the Ethereum blockchain.

The company’s plan is to create a digital collectibles platform that gives the ability to mint and trade digital collectibles such as special cards, 3D figures, in-game items and many more across multiple platforms.

Future plans with Mintables:

The parent company says that Mintables will make it easier and cheaper for new users who initially step into the NFT market. It will also allow them to mint their first non-fungible tokens (NFTs) and will do away with the need for cryptocurrency. The assets will still be compatible with major Ethereum NFT markets like OpenSea and Rarible.

“With Mintables, we are delivering user choice in addition to true digital ownership. Why should the platform decide if a digital item should be on a blockchain, or even which blockchain? “The Mintables initiative gives real power to the collectors,” said Michael Bramlage, CEO and co-founder of Quidd.

The Story of Animocas and Quidd:

Quidd was acquired by Animoca Brands in 2019. The programme focuses on the virtual collection and trading of items from prominent companies such as Manchester United and Ricky and Morty, as well as series such as Adventure Time. Fiat money is used to purchase assets.

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Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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