Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Polkadot Sets New Speed Record, Minting Nearly 5,000 NFTs per Minute

Polkadot Sets New Speed Record, Minting Nearly 5,000 NFTs per Minute

Kelly Cromley by Kelly Cromley
Feb 7, 2024
in Market News, News
Reading Time: 2 mins read
0

Polkadot, the Web3 protocol, has achieved a groundbreaking milestone by setting a new blockchain speed record, successfully minting an impressive 4,930 NFTs per minute. This surpasses previous records held by Solana and Polygon, marking a significant advancement in the capabilities of the Polkadot network.

“Record-Breaking NFT Drop for Forever Has Fallen Game”

The achievement occurred during an NFT drop for the interactive storytelling game Forever Has Fallen, utilizing Polkadot’s Unique Network parachain specifically designed for composable NFTs. The NFTs, known as Bounty Hunter Tickets (BHTs), grant access to the Hunters’ Lair within Forever Has Fallen, playing a crucial role in enhancing the overall gaming experience.

“Upcoming Integration to Further Boost Polkadot’s Speed and Efficiency”

The success of this record-setting event precedes the anticipated integration of Asynchronous Backing (AB) into Polkadot, a development that promises to enhance the speed and efficiency of the Layer-0 even further. This integration is expected to reinforce Polkadot’s position as a leading choice for web3 games seeking a rapid and reliable method to distribute large quantities of NFTs to their player base.

Our stories invite you to live, play and earn as a Bounty Hunter searching for the truth behind crimes against humanity

Conquer online escape rooms, interact with characters via messaging apps, and uncover hidden content across over 100 digital experiences. pic.twitter.com/7iFwdhGjXB

— incite (@incitelore) November 20, 2023

“Strategic Choice: Polkadot Selected for Mass NFT Minting”

Incite, the developers behind Forever Has Fallen, meticulously tested various blockchains for their NFT minting process, considering factors such as speed, gas fees, and overall performance. After minting 300,000 NFTs through this extensive testing process, the team strategically chose Polkadot, deeming its infrastructure ideal for the task at hand. This strategic decision not only led to the establishment of a new speed record but also positions Polkadot as an attractive option for web3 games requiring swift and reliable NFT distribution.

“Enabling a Seamless Web2-Type Experience”

Kimon Lycos, Founder and CEO of Incite, emphasized the desire to integrate Web3 elements seamlessly, stating that Polkadot’s speed allows them to offer users a Web2-type experience characterized by instant gratification. The efficiency demonstrated in minting nearly 5,000 NFTs per minute showcases Polkadot’s capability to support user-friendly and swift interactions in the evolving landscape of blockchain gaming.

“Polkadot’s Flexibility and Business Case Appeal”

Alexandar Mitrovic, CEO of Unique Network, praised Polkadot’s flexibility, highlighting the success of the Forever Has Fallen Bounty Hunter Ticket mint as an opportunity to present a compelling business case targeting mass consumers. The achievement underscores Polkadot’s potential to attract a broader audience and solidifies its position as a versatile and high-performance Web3 protocol.

The recent speed record set by Polkadot in NFT minting not only outpaces competitors but also establishes the protocol as a preferred choice for developers and businesses seeking optimal speed, efficiency, and flexibility in the rapidly expanding realm of web3 technologies.

Previous Post

Saudi Ministry of Investment and Hedera Forge $250M Deal to Propel Web3 Technologies

Next Post

ICB Crypto Services Unveils ICBX Blockchain Network for 2024 Launch

Related Posts

near protocol

JuvrixAI Launches No-Code AI Agent Platform on NEAR Protocol

by Kelly Cromley
Nov 6, 2026
0

JuvrixAI has announced the launch of a no-code platform that allows individuals and businesses to create custom artificial intelligence agents...

brac bank

BRAC Bank Completes Bangladesh’s First Blockchain Export Deal

by Kelly Cromley
Nov 6, 2026
0

BRAC Bank has completed Bangladesh's first blockchain-based digital export transaction, reducing trade document processing time from approximately 40 days to...

chia network

Chia Network Partners With Brale to Launch Stablecoins

by Kelly Cromley
Nov 6, 2026
0

Chia Network, a blockchain platform focused on enterprise asset tokenization, has partnered with regulated stablecoin infrastructure provider Brale to expand...

zilliqa

Zilliqa Plans Ethereum Layer 2 Shift to Target Institutions

by Kelly Cromley
Nov 6, 2026
0

Blockchain project Zilliqa is planning to move away from operating its independent Layer 1 network and transition to an Ethereum-based...

zetachain

ZetaChain Plans to Shut Down Layer 1 and Move ZETA to Solana

by Kelly Cromley
Nov 6, 2026
0

Cross-chain blockchain network ZetaChain is preparing to shut down its Layer 1 blockchain around December 9 and migrate its native...

amundi asset management

Amundi Launches Tokenized Europe 600 Fund on Ethereum

by Kelly Cromley
Nov 6, 2026
0

French asset manager Amundi has issued a tokenized share of its Amundi Core STOXX Europe 600 fund on the public...

Next Post
ICB Crypto Services Unveils ICBX Blockchain Network for 2024 Launch

ICB Crypto Services Unveils ICBX Blockchain Network for 2024 Launch

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • SmarTrust Brings Blockchain-Powered Escrow to Freelancers

    by Kelly Cromley
    May 1, 2025
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

near protocol
Market News

JuvrixAI Launches No-Code AI Agent Platform on NEAR Protocol

by Kelly Cromley
Nov 6, 2026
brac bank
Market News

BRAC Bank Completes Bangladesh’s First Blockchain Export Deal

by Kelly Cromley
Nov 6, 2026
chia network
Market News

Chia Network Partners With Brale to Launch Stablecoins

by Kelly Cromley
Nov 6, 2026
zilliqa
Ethereum News

Zilliqa Plans Ethereum Layer 2 Shift to Target Institutions

by Kelly Cromley
Nov 6, 2026
zetachain
Market News

ZetaChain Plans to Shut Down Layer 1 and Move ZETA to Solana

by Kelly Cromley
Nov 6, 2026

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
  • XRP
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.