Wang Long Chai
19 Aug 2024 12:17
Dune introduces ‘Mint Moment’, a feature that allows users to mint data visualizations as NFTs, rewarding on-chain creators and analysts.
Dune, a leading blockchain analytics platform, has launched a groundbreaking feature called ‘Mint Moment.’ This new initiative allows users to mint data visualizations into non-fungible tokens (NFTs) to capture important moments in on-chain data. According to Dune, ‘Mint Moment’ is designed to provide a new revenue stream for on-chain creators and analysts, while also rewarding users by allowing them to own and trade a piece of cryptocurrency history.
What is the ‘Mint Moment’ initiative?
In partnership with Base and Zora, Dune’s ‘Mint Moment’ initiative aims to engage data enthusiasts and supporters of on-chain creators. The feature allows users to mint data visualizations as NFTs, encapsulating unique moments in blockchain history. “On-chain data is living, breathing, and always updating, but certain moments represent something special. Dune’s new Mint Moment feature allows anyone to capture and collect data from those moments forever, while also thanking the creators behind the insights,” said Fredrik Haga, CEO and Co-founder of Dune.
For Creators: How to Get Involved
Creators who wish to participate in the ‘Mint Moment’ will need to link their wallet to their Dune account. This wallet address is required to receive rewards from NFTs mined on their charts. Team collaboration is also supported, so teams can add a shared wallet to ensure that all members receive rewards. If the wallet is not linked, the chart will not be eligible for mining. If already linked, mining earnings will be automatically transferred to the Zora Rewards contract and can be claimed at any time. Creators can also opt out of the rewards program if they do not wish to participate.
Import of Mints
Each mint on a Creator Chart earns 0.000333 ETH. The more mints a chart earns, the higher its earnings, providing direct support from the community and encouraging the continued creation and sharing of valuable insights.
For Minters: Why Mint?
Support your favorite creators
Mining charts with NFTs directly supports the creators behind the data. There is no limit to the number of charts that can be mined, so users can collect as many as they want. Each mining contributes to the creator’s income, rewarding them for their contribution to the community.
Own a piece of history
Minting a chart captures a significant moment in on-chain history. Whether it’s a significant milestone like Base reaching 500 million in trading volume or a unique visualization, these NFTs can be treasured as part of your digital collection or traded on a variety of platforms.
How to Mint Charts with NFTs
Minting a chart in Dune is simple. Users can explore the various charts and data visualizations available in Dune, connect their wallet, and mint the chart into an NFT. This process requires a small gas fee in addition to the Zora minting fee of 0.000777 ETH.
On-chain summer exclusive NFT
To celebrate the launch of ‘Mint Moment’, Dune is releasing a special NFT edition that will only be available during Onchain Summer 2024. This limited-time NFT will be available until August 26th and marks the beginning of users’ mining journey with Dune. Zora Co-Founder Dee Goens is excited about the partnership, saying, “This integration further expands the definition of Zora creators and empowers developers, analysts, and Dune Wizards to capture value from their insights as they build their on-chain brands.”
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