Sunsetting Mintable & Mintology

After almost 7 years of running Mintable and Mintology, it has come time to make one of the hardest decisions we’ve had to make over the years. Sunsetting Mintable.com and Mintology.app is no easy call, it has been our baby, our contribution into the NFT space, our guiding star in the turbulent crypto markets. But as we are now in 2026 and the NFT space is no longer what it was, it’s with a heavy heart we have to say goodbye - not forever - but to NFTs. Mintable has been a shining star in the NFT space, launched December 1st 2018, we are the second oldest NFT platform on the internet. But times have changed in the NFT sector, our mission was to bring NFTs to all walks of life, which has gotten harder over the years, as every year since 2022, NFT usage has declined over and over. Companies shut down left and right, we did not and are not shutting down our business, but pivoting into a new area that has the same promising impacts that we believed (and still believe) NFTs could have on society.

From creating the first gasless mintable NFT, to creating the royalty standard used by NFTs, ERC-2981, to working with the Ethereum Foundation on improving NFTs, making the world’s first NFT backed by physical gold, and serving hackers with NFTs to help expedite the recovery of stolen funds, Mintable has secured its place in the history of NFTs and crypto. Now it is time that we move on, there are more ways we can impact the world, and we plan to do so, but Mintable and Mintology will not be able to achieve that goal. We’ve worked with multi-national corporations, banks, publicly listed companies, we’ve built custom solutions that have never been built before, we’ve discussed NFT regulations at some of the highest levels with public policy makers... but alas, every conversation we have today is tainted by the dreaded “NFTs are a scam”, “NFTs are just jpegs I can copy and save”. Every company we discuss the potentials of using NFTs for government use, for traceability, for provenance, and the list goes on - always lands on the same final decision from someone up the chain in these large corporations - “we don’t want to have the stigma of NFTs attached to our business”. This is not something we can overcome alone, this is not something one company can fix, but requires every NFT platform to work together to solve the imaging perception of the average person. Yet, we have seen more NFT marketplaces and companies arise, burn hard, and then shutdown - than we have seen succeed. We take no pride in saying this, we wish that the community of companies that drive the NFT space worked together more, looking forward into the future and seeing the actions taken today will be the downfall for all in the future. We take no pride in saying this and we accept that this responsibility and failure partially falls on us as well. We’ve tried and been successful in many areas to bring new users into the NFT ecosystem - for example, one major client onboarded over 500,000 people into NFTs, with the average age of those users being 50 years or older. That is not something many NFT companies can say. We’ve produced technology that is used by legal systems, we’ve produced technology that has been used by central banks, novel use-cases of NFTs that are not about speculation and trading, but instead, what we have always believed to be the true ethos of NFTs - that they are a powerful tool akin to a website - opposed to a financial asset that should be treated as speculation. We’ve helped millions of users over the years get started with NFTs via gasless minting and our ease of use when creating NFTs. We are proud of what we have achieved, we are proud of our community of users, and we are deeply saddened that those very same users are going to be impacted by these changes to our company. We will continue to host the NFT metadata until our company shuts down (which is not anytime soon, and even then in that event if it does come, we will move your metadata to a more decentralized permanent solution). We will allow users to migrate their custodial wallets off Mintable, and work with our corporate clients to find the right solution to provide them what they need to continue using NFTs - if they so choose.

For our users: Thank you. Thank you for exploring the power of NFTs. Thank you for using Mintable to start your journey into NFTs and crypto. Thank you to our corporate clients, who took a leap of faith to adopt new technology to improve their businesses. This message is one of both gratitude and sadness. We are extremely grateful for the trust given to us by millions of users and multiple large corporations.

With gratitude,
Mintable Team ❤️