Web3 blogging platform Mirror has introduced Writing NFTs, a new initiative that allows writers to coin their articles as NFTs.
Writers on Mirror
Mirror writers can now create their first Writing NFT from their dashboard and collect it from a list of genesis entries curated by Mirror DAO.
1/ Introducing Writing NFTshttps://t.co/1yqTvae9JT
— Mirror (@viamirror) May 25, 2022
Mirror writers can set a customizable price and bid for their writing NFTs, which are completely free to writers.
The collection of NFTs is done on Optimism, an Ethereum Layer 2 network, making transactions cheap, fast and environmentally friendly.
The platform wrote in a blog post that “like everything published on Mirror, deeded NFTs are decentralized and censorship-resistant.”
Mirror went on to say that owning a Writing NFT gives collectors a stake in the legacy of the piece and a place within the community that develops around it.
Users with an Ethereum wallet can already collect Writing NFTs. For collectors, buying a Writing NFT piece is not only a way to join in on the potential of an idea and signal that they were an early adopter or fan of a promising project, but also a way for collectors of that NFT to connect with each other.
Mirror said many writers in their community have coined their first writing NFT as part of yesterday’s launch. For example, Web3 podcast host Chase Chapman coined a piece titled Co-ownership as a web3 social primitive with a supply of 333 at 0.01 ETH each.
Once the supply of any Writing NFT is exhausted on Mirror, collectors will be able to purchase the NFT on secondary markets.
To coincide with the launch of Writing NFTs and boost big ideas, Mirror has also added two other new features to enhance the discovery of high-quality content published on the platform.
It has added the global leaderboard and collector profile pages, which community members can use to find and explore all Writing NFTs that have been minted.
“The leaderboard will rank the most popular entries based on the amount of ETH raised and the number of collectors, exposing more writers – and their most resonant ideas – to a wider audience,” Mirror stated in a blog post.
Collector profile pages allow community members to showcase the writing NFTs they have curated on Mirror. Just like a friend’s bookshelf, readers can go to a collector’s profile to find new writing from trusted sources and also build their own reputation as a collector.
To celebrate the launch, Mirror is selling some of its most widely read articles as NFTs, including “Choosing Optimism,” “You Can’t Get Enough ETH,” and “NFT: Consumption vs. Investment.”
The blog post announcing the writing NFTs is also on sale at 0.01 ETH and has currently been picked up by 420 Mirror users.
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