FAQs

Frequently asked questions on our platform.

What is an NFT? 

A non-fungible token (NFT) is a one-of-a-kind digital asset that represents ownership of unique items. They give us the ability to tokenise things like art, collectibles, or anything really.

Many call NFTs a certificate of ownership of authenticity. They’re stored on the blockchain, and are therefore completely transparent and cannot be tampered with.

How do I download the Momint app for IOS?

Nathan explains the easy steps of downloading Momint as a progressive web application:

How do I download the Momint App for Android?

Momint is available for download on Google Play.

How do I create a Momint account?

Nathan takes you through the steps in this video:

How do I create an NFT on Momint?

Nathan explains exactly how to do this in this video:

How do I setup up my Momint wallet?

Because crypto wallets can be complex and difficult to set up, we set one up for you as soon as create an account.

Why the Gnosis Blockchain?

Transactions on the Gnosis blockchain are fast and affordable, so it could take you as little as 5 seconds to mint your NFT.

It’s an ecologically aware blockchain network that is constantly working to improve its energy efficiency. This means we can open up the world of NFTs more accessibly for everybody, with a clear conscience.

We also wanted to minimise any financial risk for users creating & collecting NFTs. Gnosis is linked 1:1 with USD. In order words, the standard currency on Momint is always in USD.

How do you earn on Momint?

Both creators and collectors have the potential to earn on Momint's platform.

Creators can monetise their passion by giving them a platform to reach a global audience of NFT art collectors, while collectors can profit through secondary market sales should the value of the artist's work increase over time.

Part of the standard Momint smart contract also includes a 10% royalty split for secondary market sales, so whenever an artist's work is resold, they continue earning in perpetuity.

When can I make a withdrawal from my Momint wallet?

You need to have at least $100 in your Momint balance to make a withdrawal.

Why get verified on Momint?

Both creators and collectors have the potential to earn on Momint's platform.

Creators can monetise their passion by giving them a platform to reach a global audience of NFT art collectors, while collectors can profit through secondary market sales should the value of the artist's work increase over time.

Part of the standard Momint smart contract also includes a 10% royalty split for secondary market sales, so whenever an artist's work is resold, they continue earning in perpetuity.

How do I become a verified creator on Momint?

To get verified contact reagan@momint.so and she will guide you through the process of being verified.

What is the minting cost on Momint?

Zero. Minting can be expensive on a layer one blockchain like Ethereum. This is because all transactions require a ‘gas’ payment. This is how all the computers that make up the blockchain earn currency for the work they do in validating transactions. These ‘gas’ fees can be very expensive - especially on a busy network like Ethereum.

With Momint, minting is free. We pay all gas fees on behalf of creators and provide a platform for all to use in exchange for a ~1% royalty on sales.

Why are collection drops limited on Momint?

At Momint we believe that scarcity breeds creativity, and the flooding the ecosystem with bad content is counterproductive to the ecosystem as a whole. Creators are limited to a maximum of one drop per week.

Still have questions?

Get in touch with us.