What Is Manifold.xyz?
Currently, NFT artists looking to create their own NFTs generally turn to NFT marketplaces to mint their creations, however, the marketplace’s third-party contract fails to highlight the artist, and instead, creates a random smart contract. Manifold.xyz is changing how artists put their creations on the blockchain, for the better.
Manifold.xyz is an NFT minting platform that enables Web3 creators to mint their own NFT, while maintaining creative ownership, preserving on-chain provenance, and interoperating with all popular NFT marketplaces.
Curious to know more about Manifold.xyz and how creators benefit? Continue reading below to discover how it all works.
What is Manifold.xyz?
Generally, NFT creators mint their NFTs using a smart contract provided by the same marketplace that is selling their NFT. Although this option works, it doesn’t shed light on the creator.
Manifold.xyz was founded by Web3 developers Eric Diep, Richerd Chan, and Wilkins Chung to serve as the first platform where NFT artists can enjoy full ownership of their work.
In August 2021, Manifold received $7.9 million in seed funding to continue expanding its market. Artists like Jay Z and Steve Aoki have even produced their own NFTs using the platform, along with a variety of other well-known artists and creators.
All NFTs that are minted on Manifold.xyz are also compatible with all the popular NFT marketplaces we know and love today, including OpenSea, Rarible, Foundation, SuperRare, Nifty Gateway, Zora, and more to come.
Manifold offers users embedded smart contract technology called Manifold Creator Contracts, which enable creators to take full ownership of their NFTs by allowing their name to stand out, rather than the marketplace.
Latest Features in Manifold
Since launch, Manifold has continued to update and give users new features, including Manifold Gallery in October 2022.
Gallery, a zero fee marketplace, is a showcase of what one can build with Manifold's underlying web-based widgets. "The best marketplace will be the one you build as an artist, curator, collector, developer, or marketplace," the Manifold team said in a blog post.
Here are some other updates that rolled out in 2022:
What is the Manifold Creator Contract?
As of now, many NFT creators NFT marketplaces to mint their own NFTs. What’s wrong with that? Well, your NFT becomes a product of the marketplace’s third-party minting contract, meaning it's assigned a random ID and is often listed next to unrelated NFTs that were created using the same contract. However, with the Manifold Creator Contract, that is not the case.
The Manifold Creator Contract ensures that NFTs minted on the Manifold platform are authentically attributed to the creator. This way, collectors can assure the NFTs they purchase from their favorite creators are 100% authentic, and artists are better recognized.
Having collaborated with Pak, Mad Dog Jones, and FVCKRENDER, Manifold.xyz has come to terms with what NFT creators desire. Essentially, the main focus of Manifold’s Creator Contract is:
Authenticity — true provenance for creators
Interoperability — works with existing ERC-721 and 1155 NFT platforms
Extensibility — unique, creator-approved NFT applications
To mint your own custom NFTs, Manifold has created what they call their Manifold Studio.
What is the Manifold Studio?
Manifold Studio allows you to mint your own NFT with zero coding required while retaining the ownership and provenance of your creation.
Using Manifold’s seamless user interface allows you to mint your own NFT with the click of a button. The Studio takes care of all the technical back-end work for you, allowing you to focus on creating and enabling you to make your own custom smart contract.
Once the contract is deployed on the mainnet, you have complete control over your own smart contract and the ability to mint ERC 721 and ERC 1155 tokens. The minting process is as easy, if not easier, than posting something for sale on Ebay.
Simply upload your asset, customize your metadata, then press the Mint button, It’s that simple.
Currently, the Manifold studio supports:
High-resolution video and images (4K+; unlimited file size).
Video thumbnail customization.
Fully decentralized on-chain storage.
Compatibility with major NFT platforms (OpenSea, Foundation, Nifty Gateway, Rarible, SuperRare, and Zora).
The overall goal for Manifold.xyz is to offer a creative platform in the best interest of artists and creators alike. Giving artists a toolset to create their own NFTs and allowing them to customize their own smart contracts without knowing how to code is important as we continue to push forward in the NFT space.