Unveiling Our New NFT Drops Feature: Revolutionizing the Way You Collect and Create

Element 3.0
3 min readAug 15, 2024

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Have you heard that Element has launched Drops function last week? Even thought it’s not the final version, but still, here are something you need to know and understand how it works. Let’s explore that.

In the ever-evolving world of digital assets, we’re excited to introduce our latest feature that’s set to change the way you engage with NFTs: Drops. Whether you’re an avid collector or a brand-new enthusiast, our NFT Drops feature brings unparalleled flexibility and efficiency to acquiring the latest collections, meantime, the best tool and place for creator to launch their NFT collections without any coding.

What is NFT Drops?

NFT Drops refer to the scheduled release or launch of new Non-Fungible Tokens (NFTs) by creators, artists, or platforms. These drops typically happen at a specific time and date, creating a sense of exclusivity for collectors and fans. By using Element Drops, we provide creators under the way to launch their NFTs without any coding work during the process of the IPFS storage, deploy the contract, and mint settings. All you need is your design art.

Feature Highlights:

Our NFT Drops function is packed with features designed to enhance your create experience:

  • Flexible Minting Phases: You can now set a maximum mint quantity for each phase, allowing you to control the pace and exclusivity of your drop.
  • Scalability: Our system can handle large-scale collections, supporting up to 50,000 ERC721 tokens and accommodating a whitelist with up to 500,000 addresses. This ensures that no matter the size of your drop, our platform can manage it seamlessly.
  • Efficient Upload Options: We’ve made it easier than ever to upload your original files. Choose between batch upload for quick and efficient processing, manual upload for detailed control over your media and metadata.

What’s Coming Soon:

We’re constantly working to expand and improve our NFT Drops feature. Here’s a sneak peek at what’s on the horizon:

  • Random TokenID Minting: Perfect for collections with a total supply of fewer than 60,000 tokens, this upcoming feature will add an element of surprise to each mint, making every drop more thrilling.
  • Refundable Minting: Collectors will soon have the option for refundable minting within a specified timeframe post-mint, adding an extra layer of security and trust.
  • ERC1155 Collection Support: We’re extending our support to include ERC1155 collections, broadening the possibilities for creators and collectors alike.
  • Mint Referral Links: Soon, you’ll be able to create mint referral links with commission incentives, empowering your community to spread the word while earning rewards.

For Collectors, Why Choose Element NFT Drops?

Element now operates on 22 blockchains and will soon support the Drops function across all of them. This expansion empowers creators by offering the widest technical support for launching NFTs. Then users will have the flexibility to mint collections on any blockchain of their choice.

For Creators, Why Choose Element NFT Drops?

With over 3.8 million users, Element is poised to be the premier launch platform for every creator. Discover endless innovation and new possibilities on Element.

Get Started Today

Ready to take your NFT game to the next level? Explore our NFT Drops feature and start planning your next collection drop today. Stay tuned for more updates as we continue to roll out new functionalities designed with you in mind.

Element, the biggest NFT marketplace on L2s, served over 3.8 million users with NFT trade, mint, lucky-draw, and multiple pro-functions on 22 blockchains. The best place between you and NFTs.

Website: https://element.market

Twitter: https://x.com/Element_Market

Discord: https://discord.com/invite/elementmarket

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Element 3.0

The first community oriented muti-chain aggregated NFT marketplace.