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'No-Code' Platform for Token Minting Introduced on Solana
MintingLab does not require any coding knowledge for minting and managing tokens.
Updated Sep 14, 2021, 1:31 p.m. Published Jul 27, 2021, 1:00 p.m. 1 min read
Decentralized exchange (DEX) platform Dexlab has introduced MintingLab, a Solana-based platform to make minting and issuing tokens accessible for people with no background in coding.
- Dexlab said MintingLab is the first Solana-centric platform for minting and managing tokens that does not require any coding knowledge, according to an emailed announcement Tuesday.
- According to the company, its launchpad enables the minting, issuing and publicizing of tokens "with a few clicks."
- "By breaking down Solana's major barrier of entry, the knowledge to code, many projects, especially non-blockchain ones, will be able to easily tokenize and enter the space," Dexlab CEO Dennis Lee said.
- Dexlab leverages the Sam Bankman-Fried–backed Serum DEX's central order book to support speed and shared liquidity.
- Uses a hybrid consensus model, combining a proof-of-stake and proof-of-history mechanism, the Solana blockchain is one of several aiming to draw users away from Ethereum with the promise of higher speed and lower fees.
Read more: Power Ledger to Move to Solana From Ethereum
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