Bubblemint’s 3 secrets to a successful token mint

Getting your Trinity Audio player ready...

Minting a series of non-fungible token (NFT) collectibles—fun times and easy money, right? The fast and efficient BSV blockchain makes it cheap. While this might sound like a winning formula, it’s also an incomplete one. So, what else do you need to turn a creative idea into a sudden buzz? We spoke to the team at the new Ordinal token minting platform Bubblemint.io to get some advice.

Bubblemint launched on April 11, allowing users to mint the “Tardinians” collection. Those all sold out within 24 hours despite $0 being spent on marketing. More recently, the “Pixel Foxes” mint became the biggest art collection on any Bitcoin-named blockchain—once again with $0 marketing and within a day.

“Our numbers are 🚀 right now,” the Bubblemint team told CoinGeek.

They’d tested the system a day before launch with the “Order Of The Delta” mint. Both Delta and Tardinians collections (each limited to 199 tokens) are all minted out.

Since then, Bubblemint has been mass-producing Ordinals via two kinds of token mint: (1) parent/child generative mints, which are managed by sCrypt smart contracts to construct the layers and produce the unique (Ordinal) token; and (2) something the team calls “Massive Mints.” Massive Mints is an infrastructure to handle bulk mints in much larger numbers, like Pixel Foxes’ 10,000,000 limit.

Any user can mint their share of a generated NFT series by connecting a Yours wallet (formerly Panda wallet) to Bubblemint’s web app, clicking the “mint” button, and specifying how many tokens they want. Creators can set any price they wish for a single token mint, may be a few cents, a tiny fraction of a cent, or completely free. Even for free tokens, you’ll still have to pay a mint fee, which is 10,000 sats (that’s 0.0001 BSV, or about US$0.006 at today’s prices).

Bubblemint’s advice on making your mint idea work

There are three secrets to a successful mint, the team said. This is not a guarantee of fame and riches, but remembering these points will save trial and error, as well as time, and timing can be everything in NFT collecting:

1) “KISS – Keep it Stupid Simple. The most popular collections look awesome as a 32×32 pixel PFP. You can only pack so much detail into that tiny space before it starts to lose its uniqueness and feel cluttered.”

2) “Memetics matter – if you’re not creating or catching a vibe, no one is staying for the long haul.”

3) “Push the boundaries – try doing something that’s never been done before. People will naturally want to be a part of that, like saving a concert ticket to a musician’s first show or a sports team’s opening game.”

If you’re a creator and want to mint your own NFT Ordinals series, you’ll need to provide some basic information, like the collection’s name and description, how many layers or traits you need, and your preferred method of contact. The Bubblemint team will then let you know what data you’ll need to supply.

For minting generative recursive parent-child inscriptions, it usually involves uploading your layers to the blockchain first and sending Bubblemint the transaction IDs. For Massive Mints, they advise sending the collection and its metadata the way it’d come out of a token-generating engine, such as HashLips.

Fee structure and upcoming new features

At the moment, there’s no fixed fee structure to create an NFT series on Bubblemint: “We like pushing boundaries, and sometimes that takes extra work. We think this helps us better align to our goals of putting billions of art pieces onto the BSV blockchain that owners (who are really humans) actually like owning for more reasons than ngu. Art is beautiful, and it’s meant to be enjoyed by everyone on the planet.”

The endgame, they added, is to open source the platform so artists/creators are able to launch their own collections without needing Bubblemint at all. This would make Bubblemint just one brand/outlet of many.

“We think that will allow us to focus on building more even cooler shit. Personally I think we’re better taking a few sats’ mint fee on a billion mints, than taking 50% of the artists’ earnings from a small handful of high-priced collections.”

More mint types coming soon to Bubblemint

Bubblemint has a basic roadmap for new features on its website. These include LockToMint (LTM) and POWMints (which also produce Ordinals), user-generated collections, and different combinations of PaytoMint (PTM), LTM, and POW.

These methods are already built and will be released over time as Bubblemint builds trust and interest. The currently-minting “0Faces” collection sales volume will trigger those new features to turn on, they said.

The NFT and Ordinals crazes may have been born on other blockchains, but once again, it’s BSV that makes it all simple and smooth.

“Yeah, we really believe the candy machine on Solana unlocked an awesome level of creativity,” the team said. “We are chasing that dragon on BSV.”

That said, having the best tech doesn’t always mean having the most popular platform or the most active market. NFTs on BSV are still relatively niche, but Bubblemint thinks Ordinals and BSV make a good combo that creators and users will eventually notice (and prefer).

“The market isn’t big enough… yet. We got burned with Run and Sigil (token protocols), so we have to continue to work to build the trust they broke. Ordinals is different, a bit more permanent, and since they work well with sCrypt smart contracts it’s a massive opportunity.”

Watch: NFTs with utility? How about power-ups for games