Secret Network dev team launches groundbreaking minting lab

SCRT Labs, the core development team behind Secret (SCRT/USD) Network, is launching Legendao, the first of its kind NFT Mint Lab in history, the network posted on its blog. It’s designed to be its own universe, giving users access to unique and exclusive Secret NFTs against the backdrop of an exciting gamified experience.

Access to loot boxes and the new LGND token

Top-tier creators, brands, and artists can use the platform to launch their NFT projects. Users can buy “Loot Boxes” with new NFTs and other digital items from the artists, accumulate experience, and create their own avatars. They can also buy the $LGND token, which is used to pay for assets in the Legendao universe.

Novel data privacy tech utilized

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All NFTs in the Legendao universe integrate cutting edge data privacy technology. This guarantees that no one but the owners of Secret NFTs can decrypt contents and share them with others if they wish. This is a unique combination of public and private meta data, which is set to transform the future of both NFT owners and creators.

Guy Zyskind, Founder and CEO of SCRT Labs commented:

SCRT Labs is pleased to bring gamification to the NFT minting experience. With Legendao, anyone and everyone — from the entire Cosmos ecosystem to top artists, brands and even first-time NFT creators — can enter the space and build something special using Secret NFT technology.

Commitment to Cosmos ecosystem

The launch of Legendao will also support the DAO’s treasury, demonstrating SCRT Labs’ commitment to growing the Secret community and Cosmos (ATOM/USD) ecosystem.

At the time of writing, the Secret token was trading for $4.46 with a 24-hour trading volume of just under $31 million. Secret is down 17% in the last 24 hours.

About Secret Network

Secret Network is the first blockchain with data privacy by default for smart contracts, allowing you to build and use applications that are both permissionless and privacy-preserving. This unique functionality protects users, secures applications, and unlocks hundreds of never-before-possible use cases for Web3.

About SCRT Labs

SCRT Labs is the driving force and the founding core development team behind Secret Network. Their mission is to create products and systems that accelerate the adoption of privacy-first, decentralized technologies.