Ready to own a piece of the digital world? Look no further than Mintoo, the new digital collectible marketplace launching on the PDAX app on March 27.
Whether you're a gamer, art lover, or just looking to explore the cutting edge of blockchain technology, digital collectibles offer a world of possibilities for beginners and experts alike. Find something you like in the collections already available.
And with the convenience and security features of PDAX, you can start collecting all in one place.
Read on to learn more:
What is Mintoo?
Mintoo is a digital collectible marketplace built inside the PDAX mobile app, allowing easy access to the world of non-fungible tokens (NFTs) or digital collectibles and their utilities.
With carefully curated and exclusive collections, as well as guidance and educational materials, Mintoo makes collecting NFTs simple and fun, without requiring users any prior background or technical knowledge about digital collectibles.
And being built on PDAX, Mintoo makes collecting a seamless single-app experience, without the need to shuffle between external platforms or exchanges.
What are the benefits of using Mintoo on PDAX?
Through PDAX, Mintoo will be able to leverage the following features and benefits:
- Trade digital collectibles directly with Philippine peso, with a wide range of cash-in and cash-out options available.
- Take advantage of low trading fees.
- No decentralized wallet needed (e.g., Metamask)
What are digital collectibles?
Digital collectibles are one-of-a-kind blockchain-based assets. Because their authenticity and ownership can be verified by the blockchain, owning digital collectibles is similar to owning physical collectibles such as artworks or memorabilia.
What utilities or advantages do digital collectibles have?
- Digital collectibles are available in a wide range of media formats such as artwork, music, or gaming items.
- Digital collectibles may have real-world utilities such as access to events or to exclusive offers or platform features.
- Communities are built around digital collections, bringing people of shared interests together.
- Digital collectibles have real-world value which are determined by many factors, including their rareness and desirability in the current market.
Which blockchain does Mintoo use?
Mintoo is built on the Polygon blockchain, a layer 2 scaling solution on Ethereum allowing for faster transaction speeds and lower gas fees, making it ideal for the collecting and trading NFTs.
Companies like Nike, Adidas, Prada, Coca-Cola, Starbucks, Reddit, Meta and eBay are just a few of the big names who have launched or will be launching NFTs on Polygon.
In January 2023, more than 1.5 million NFTs were sold using the Polygon network, surpassing NFT sales on Ethereum for the same period.
How do I access Mintoo?
You can access Mintoo on the PDAX mobile app or go to https://mintoo.pdax.ph/. You will need to set up an account to be able to access Mintoo.
If you already have an account, simply follow these steps:
- Log in to your PDAX account.
- Tap on “Collectibles” from the home screen. You will then be redirected to Mintoo.
- Carefully read the Terms and Conditions for Mintoo and click or tap “I Agree”.
- Create your unique username for Mintoo.
- Once your account is set up, you can now view the collections available.
How do I purchase a digital collectible?
Digital collectibles in Mintoo can be conveniently purchased with PDAX’s internal utility token, PHPT. You can top up your PHPT by cashing in and converting your PHP to PHPT. For detailed instructions on how to convert your PHP to PHPT, you may visit this link.
- Make sure you have enough PHPT balance in your PDAX account.
- Tap on “Collectibles” from the home screen. You will then be redirected to Mintoo.
- View the collections available. Select which collectible you wish to purchase and tap “Buy”.
- Review your PHPT balance and the price details and tap “Next”.
- Tap “Buy” to confirm your purchase order.
- You can tap “Go to Transaction History” to view the status of your order.
- Once your order is successful, you can now view your collectible in your Mintoo account.
How do I become a creator on Mintoo?
Send a message at hello@mintoo.ph and tell us about your ideas.
You may view the collections at mintoo.pdax.ph.
You can also follow Mintoo on Facebook, Twitter, Instagram, and Tiktok.
Ready to start with digital collectibles?
Start your collection with Mintoo on PDAX.
DISCLAIMER: The statements in this article do not constitute financial advice. PDAX does not guarantee the technical or financial integrity of the digital collectibles or their ecosystems. Any and all trading involving digital collectibles are subject to the user’s risk and discretion and must be done after adequate and in-depth research and analysis.The digital collectibles traded on the platform are not presently subject to any specific registration requirements under applicable Philippine law and are not registered with any Philippine regulatory authority.
About PDAX
PDAX is a BSP-licensed exchange where you can trade Bitcoin, Ethereum, and other cryptocurrencies directly using PHP!
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