Holograph Use Case: Mint-Specific Chains
Holograph unlocks new use cases for NFTs. Let’s explore an example.
Mint-Specific Chains refers to the process of deploying a private EVM chain to facilitate an NFT drop and then bridging those NFTs to a public blockchain for buyers to access marketplace liquidity.
Simply put:
Deploy a private EVM chain
Mint NFTs
Bridge NFTs to L1 or L2 to access market liquidity
Here’s an example:
Supreme wants to mint NFT memberships
Supreme deploys their own private EVM chain with minimal fees & fast tx times
Users mint NFTs, which avoids gas wars & network congestion
Users bridge NFTs to Ethereum
Users sell NFTs on OpenSea
Supreme collects perpetual on-chain royalties from secondary sales
Enterprises and brands need a blockchain solution that provides a stable development environment, mitigates financial risk, interoperates with multiple blockchains, and unlocks asset liquidity.
Deploying a mint-specific chain will enable enterprises and brands to scale their NFT drops without clogging the blockchain and running up gas fees.
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