While I wish this was a crippled corporateApril Fool ’s , I regret to inform you that Funko is getting in the NFT game .
In apress vent , Funko announced it ’s now a absolute majority proprietor in TokenWave , the developers of TokenHead . What is TokenHead ? Well , it ’s a mobile app and website for “ showcasing and tracking ” NFTs . The app purportedly displays more than 10 million NFTs and scram over 100,000 visit daily . You could sort of conceive of it asFunkobuying an NFT gallery .
While we do n’t know how much this deal blend for , Funkosaid the move means its “ daddy culture political program ” will include digital assets . Their NFTs will set in motion in June and involve “ a unique property each week at a protrude monetary value point of $ 9.99 . ” The Funko NFTs will also sell on the WAX platform , a decentralized blockchain pocketbook .
Photo: Frazer Harrison (Getty Images)
https://gizmodo.com/how-to-fix-crypto-art-nfts-carbon-pollution-problem-1846440312
These sure are a lot of words , but what it boil down to is the most annoying collectable toy is now primed to infect the digital payable securities industry as well . Really , we should ’ve all seen this coming .
“ The marriage of digital and physical using WAX ’s patented NFT engineering science know as vIRLs is sinewy , ” said Funko CEO Brian Mariotti in the vent . “ Our ability to combine Funko Pop ! digital NFTs with exclusive Funko Pop ! Vinyl Figures has to potential to be a gamechanger . ”
Mariotti went on to explain that Funko could effectively geminate the rarest Funko NFTs with exclusive Funko Pop ! figures . And , all things considered , that makes a lot of sentiency as a Johnny Cash cow but is also so awfully evil . While Mariotti also argues the entranceway - grade pricing makes the Funko NFTs “ broadly approachable , ” it ’ll still require some crusade to corrupt one if you ’re not already into cryptocurrency . The affordable pricing , while nice , also does n’t vouch that this whole trend will catch on with the average consumer — even if it ’s in all the headlines and Funko Pop ! figure are about as mainstream as collectable get . However , you ca n’t rule out the possibility that one twenty-four hour period in the not - too - far - off time to come , every Funko NFT might engender an accompanying one - of - a - variety Funko Pop ! , further destroying the wallets of already broke collectors everywhere . ( Funkoaddictions , are areal thing . )
Of course , Funko stonksjumpedfollowing the news show . Which will only fuel more companies peddling collectibles to follow lawsuit . Which in turn will inspire more companies to create devious system where you ’re “ forced ” to purchase an NFT to get a strong-arm collectable or frailty versa . rightfully , it pain me to say this , but it appears we ’ve not even start to approach peak NFT saturation .
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