Crossmint

Imagine a world where every car has an NFT that stores maintenance records, sales history, and vehicle performance. Now, picture thousands of interoperable marketplaces and apps built on top. It's closer than you think. Dream bigger.

Crossmint is proud to power a great cause from Lionel Messi and the Join The Planet Foundation! Fans can buy a signed replica of Messi's famous left boot while supporting the environment: - Made of recycled materials from local seas and rivers - Proceeds support conservation efforts - Certificate of authenticity lives on the Polygon blockchain The digital certificate provides a transparent record of the materials that make up the boot, its environmental impact, and verification of Messi's signature. Crossmint's wallet and tokenization infra power it all behind the scenes, without the buyer even realizing its onchain. This initiative is a preview of how blockchains can bring about more sustainable practices across industries. When manufacturers provide granular and auditable records about the materials that go into their products, consumers can make more informed decisions. Sustainably sourced products will gain an edge, driving a shift towards more responsible production and consumption practices worldwide. 🌎 cc Polygon Labs

We're thrilled to announce our partnership with finReg360 as we prepare for #MiCA registration in the EU. FinReg360 was already instrumental in helping secure our recent VASP registration from the Bank of Spain. The team's unmatched expertise has been invaluable in navigating a complex regulatory landscape, and the firm will continue to help Crossmint and its enterprise clients remain at the forefront of compliance and innovation in the digital asset space. We look forward to continuing our collaboration as we expand our services and strengthen our presence in Europe. Learn more about this partnership and our latest achievements in our blog post linked below.

Watch the Wu-Tang Clan album get purchased onchain in <1 minute using Apple Pay. Here's the backstory and some thoughts on what this means for mainstream adoption 👇 Ten years ago, the Wu-Tang Clan produced a single physical copy of their album Once Upon a Time in Shaolin. It was first sold to Martin Shkreli for $2M, seized by the DOJ when he was arrested, and auctioned to PleasrDAO for $4M. PleasrDAO then sold access to the album for $1 a piece onchain. 250,000 copies have been sold so far. The specifics are a bit nuanced and covered in the full case study linked below. But what's interesting to me is how people were able to participate. Since PleasrDAO used Crossmint checkout, people can buy the album (an NFT on the Base blockchain) with a credit card or Apple Pay. This enables people who have never touched crypto before to buy it. 1 in 3 buyers took this option. In the ~7 years I've been in this industry, the experience of using anything in #crypto has been extremely clunky. That's finally starting to change. Now that the frictions of using onchain products are eroding, I think we'll see consumer adoption explode. In this case, people could easily buy onchain music, but this same onboarding flow can be applied to anything: gaming, ticketing, fan engagement, and other new verticals that are difficult to predict. Exciting times.

We just helped the $4M Wu-Tang album sell 250K copies onchain 👇 Ten years ago, Wu-Tang Clan produced a single physical copy of "Once Upon a Time in Shaolin." It was initially sold to Martin Shkreli for $2 million, who threatened to destroy it. When he was arrested for securities fraud, it was seized by the Department of Justice and auctioned to PleasrDAO for $4 million. PleasrDAO then made the album available onchain for $1 each (with a twist). 250,000 copies and counting have been sold, with 1 in 3 purchasers paying with credit card or Apple Pay via Crossmint. Buying onchain is now as easy as buying on Amazon. The stage is set for music to come onchain en masse and let musicians engage with everyday fans in new and interesting ways. Read the full case study, linked below.

We just helped Wu Tang Clan sell the world's most expensive music album, onchain 🎙🤯 10 years ago, they auctioned a secret album called "Once Upon a Time in Shaolin". Only one physical copy was produced. No streaming or downloads allowed. Martin Shkreli bought it for $2 million and threatened to destroy it, before going to jail for securities fraud. The Federal Court seized the album and Pleasr retrieved it for double that amount. Today, they are giving it to the people. They put it onchain and are selling copies for ~$1. ~200k copies have sold within the first 20 hours. How? Making the flow as easy as buying on Amazon. All it takes is a credit card / Apple Pay. Users don't even need to know it's onchain. This is what we do at Crossmint. The future of music is onchain. It will take many forms, but one thing is clear: it'll give the power back to creators and allow them to build stronger relationships with their fans. We're committed to that vision, and are helping other major artists like Snoop Dogg, Jack Harlow, the Jackson 5, and many others to bring it to life. Slow at first. Then all at once 🥳 PS. The NY Times article + more drama on the comments!

Today is a big day. Crossmint is now registered with the Bank of Spain to offer crypto regulated services. Crypto is still the wild west. But we're committed to doing things the right way. Companies want partners they can trust, and who follow the rules. We’re investing heavily in compliance, building the teams, and setting up standards for how we think the industry should think about these problems. Getting regulated is definitely not the easiest path. But we strongly believe it's the best one. It is also the best way to shape regulation. Policy makers have a tough job. The industry moves at lightning speed, is technically complex, and systemically important. We will be a strong voice, working hard to help them make the best decisions for consumers. The world’s coming onchain. We're here to make that happen, faster. But also sensibly.

Introducing Crossmint Headless Checkout! Allow your users to buy NFTs with any token, from any chain, with full UI control. Today, users hold multiple tokens across many chains, with new chains launching every day. Making a first-time purchase on a new chain often requires bridging and is both painful and expensive. Now, users can make purchases with almost any token in their wallet—all in a few clicks with no bridging necessary. Our checkout works on 15+ chains and supports most major ERC-20s, as well as debit, credit cards, Apple Pay, and Google Pay. We're on a mission to make it easier to build and use onchain apps. Day by day, barriers to adoption are eroding, and the entire world will be brought onchain!

Crossmint is now registered as a Virtual Asset Service Provider (VASP) with the Bank of Spain! This allows us to offer custody and fiat-to-crypto exchange services in Spain. We've taken this crucial step to align with upcoming MiCA regulations in the EU and to uphold our commitment to evolving with the regulatory landscape for all Crossmint customers.

Crossmint now supports SKALE Network! SKALE is a blockchain framework that removes gas fees for users by having apps pay subscription fees. The SKALE ecosystem has been exhibiting impressive growth with a network of 50+ onchain games and applications. SKALE developers can now enhance the scalability and accessibility of their apps with Crossmint's: ~ Wallet APIs for embedding custodial or non-custodial wallets into any app, accessible via email, social accounts, or phone numbers. ~ Mint API for creating and distributing NFTs at scale via a single API, featuring dynamic NFTs with edit and burn functionality.    ~ Payment infrastructure for enabling onchain purchases with credit, debit, Apple Pay, Google Pay, or major cryptocurrencies across major chains. SKALE Labs