Recently, the MindBlowon NFT collection clarified on Twitter that their project has fully sold out after the minting process began a few hours before.
The Mint
According to many users, the minting process for MindBlowon was smooth, easy and actually a bit of fun. This is a stark contrast to most mints we hear about that are slow, and sometimes basic.
The mint was done through a ‘Fair Dutch Auction’. To clarify, this acts like a normal Dutch Auction (with the NFT mint starting at a ceiling price of 0.69 ETH and decreasing by 0.05 ETH every 30 minutes until it hits the low mint price of 0.169 ETH). Once the auction concludes, anyone who minted a MindBlowon NFT higher than the last price will receive a refund. This meant that everyone paid the same price.
For the mint, users were met with a vending machine in which they had to go through a process of choosing a can. Once the mint was successful, they…
