Funko’s Disney NFTs, Sotheby’s Auction Bitcoin Ordinals Project and more.
Disney and Funko release trading card NFTs
Pop culture collectibles maker Funko has teamed up with Disney to launch a series of Unbreakable Token (NFT) trading card packs, transforming Pop! Images to digital trading cards on the WAX blockchain.
Funko Pop! Attendees are physical figures known for their proportions and bobble heads. Many of these are sought after by collectors, with some images selling for up to $100,000 on the secondary market.
The audience will feature popular characters from franchises such as Marvel, Star Wars, DC Comics and more. The doll maker often releases images from pop culture that show him wearing different clothes and posing in unique poses.
Calling all Disney Mickey Mouse fans! Disney's Mickey & Friends: Funko Digital Pop! Series 1 starts tomorrow at 11 AM PT! #Disney #Funko #DigitalPop #Droppp pic.twitter.com/5StL0uD65g
— Droppp (@Dropppio) December 11, 2023
The collaboration sees the issue of a new series of Funko Digital Pop! Collections featuring Disney Mickey Mouse, Minnie Mouse, Donald Duck and other characters. Digital NFT trading card packs will be released on December 12th at 7:00 pm UTC. Those who purchase NFTs will have a chance to receive a rare physical Funko Pop! figure
William Quigley, co-founder of WAX, told Cointelegraph that despite the bear market in the crypto space, NFT technology is still promising. he said:
“Digital collectibles are fun to collect. It's fun to open digital packages and reveal the NFTs inside, and consumers enjoy that experience. In Funko's case, being able to tie digital collectibles to physical collectibles only adds to that excitement.”
The executive believes that the trend of traditional companies using Web3 technology will continue. “Although some companies may have initially been scared of the market collapse, when you see successful use cases like those provided by Funko, the value of the technology and the consumer experience will come back to normal,” Keighley added.
Sotheby's Auctions Bitcoin Ordinals Project
Art auction platform Sotheby's is auctioning BitcoinShrooms, the Bitcoin Ordinals project. From December 6 to December 13, Sotheby's New York will continue to sell the NFT project based on the Bitcoin blockchain.
We are delighted to present the sale of Bitcoin Ordinals featuring @BitcoinShrooms pic.twitter.com/UkX5jsfKLh
— Sotheby's Metaverse (@Sothebysverse) December 6, 2023
The project was created by artist Shirometoshi and was announced at the beginning of the auction. The collection includes a variety of references, from Bitcoin technical concepts to visual Bitcoin (BTC) memes. Sotheby's wrote:
“It's a masterful, yet playful guide to the revolutionary realm of Bitcoin, beautifully weaving together the history, culture, and core technicalities of Bitcoin in a unique, unique, and handcrafted way.”
Sotheby's said the collection “captures the essence of Bitcoin” in terms of early adopters. At the time of writing, bids for various BitcoinShrooms range from $28,000 to $55,000.
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Solana and Bitcoin compete with Ethereum in NFT sales
The NFT market saw a slight change as two new players took a bit of the NFT market, which Ethereum used to dominate. This week, NFTs in the Solana and Bitcoin networks are making progress, Bitcoin surpasses Ethereum in some days and Solana takes third place.
On December 12, according to NFT sales tracker CryptoSlam, the Bitcoin network surpassed Ethereum in 24-hour sales volume. NFT sales in Bitcoin have surpassed $24 million, with millions of NFTs worth scanning through the various Bitcoin Ordinals. The network beats Ethereum in metrics such as 30-day sales volume, with Bitcoin earning more than $463 million in sales, compared to Ethereum's $373 million.
Meanwhile, the Ethereum network has closed more than $16 million in daily sales as NFT clusters like Matr1x Kuku and Pudgy Penguins continue to attract buyers. The data also shows that Solana Network came in third, earning more than $6 million in 24-hour sales. Solana's size is mainly led by the Tensorians NFT collection, the DeGods NFT project and Gaimin's Gladiators.
While Bitcoin has been making recent gains in the NFT market, the network is far from always beating sales in the Ethereum network, which is worth more than $41 billion. Currently, the Bitcoin network has posted $1 billion in all-time sales and is ranked number six.
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