VanEck announced its new series of NFTs today. Airdropping 1,000 NFTs this week, the series tells the story of a fictional character based on Alexander Hamilton. These tokens will come with certain privileges, including private activities and digital asset investment research.
share this article
VanEck will launch the NFT series this week. The VanEck Community NFT Collection will contain 1,000 non-fungible tokens divided into three rarity tiers and follow a story based on the fictional character of Alexander Hamilton.
Announcing a new collection of NFTs
The investment manager, which manages more than $85 billion in assets, has announced plans to launch its own NFT.
Today, VanEck announced that it will drop its VanEck Community NFT series in partnership with South Korea-based NFT company NUMOMO. The series will include 1,000 NFTs launched on Ethereum, designed to “demonstrate the real-world utility inherent in NFT structures.”
The NFT project will be set in the world of the fictional character Hammy, modeled after Alexander Hamilton, the founding father of the United States. As the founder of America’s first central banks and Secretary of the Treasury under President George Washington, Alexander Hamilton’s mock character Hammy will dive into the waters of monetary policy in VanEck’s NFT story, where he will discover the utility of cryptocurrencies . The first episode has been released.
There will be three different tiers of non-fungible tokens in the VanEck collection based on rarity. Three quarters are common, 230 are rare, and 20 are in the “legendary” category. Benefits offered to NFT holders will vary depending on the category their token falls into, but may include early access to the firm’s investment research into cryptoassets, as well as exclusive invitations to events (both in Metaverse and the real world) .
JP Lee, co-founder of the VanEck Community NFT series, said,
“Neither have we overlooked this part of the equation since NFTs first emerged as a way to showcase compelling digital art. Our NFTs will all feature jaw-dropping 3D avatars and narrative-style videos that will help To create a sense of authentic storytelling and stimulate discussion, debate and community. Our character ‘Hami’ will be an outstanding guide for anyone interested in learning about the past, present and future of finance.”
VanEck NFT will be airdropped. VanEck may be addressing potential regulatory issues by treating NFTs as gifts to registrants. The company also noted that those wishing to sell non-fungible tokens should not register, stressing the risks of market, volatility and regulatory uncertainty for holders of NFTs and cryptocurrencies.
VanEck announced its NFT collection on Monday after one of the biggest drops in history, in which Bored Ape Yacht Club founder Yuga Labs sold more than $300 million worth of NFTs for their Otherside metaverse project.
Disclosure: At the time of writing, the author of this article owns BTC, ETH, and several other cryptocurrencies.
share this article
The information on or accessed through this website has been obtained from independent sources that we believe to be accurate and reliable, but Decentral Media, Inc. makes no representations about the timeliness, completeness or accuracy of any information on or accessed through this website. Representations or warranties. Decentral Media, Inc. is not an investment advisor. We do not provide personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may be out of date, or may be incomplete or inaccurate. We may, but are not obligated to update any outdated, incomplete or inaccurate information.
You should not make investment decisions regarding ICOs, IEOs or other investments based on the information on this website, nor should you interpret or otherwise rely on any information on this website as investment advice. If you are seeking investment advice regarding an ICO, IEO or other investment, we strongly recommend that you consult a licensed investment advisor or other qualified financial professional. We do not accept compensation of any kind for analyzing or reporting on any ICO, IEO, cryptocurrencies, currencies, tokenized sales, securities or commodities.
View full terms and conditions.
Yuga Labs’ Otherside NFT sales top $310 million
Bored Ape Yacht Club creator Yuga Labs’ new Metaverse has taken the virtual world by storm, bringing in over $310 million in its much-anticipated NFT drop…
A Crypto Whale Pays NFT Skeptics $10,000 to Try Ethereum
Cobie is taking a novel approach to getting NFT skeptics to embrace the technology, with mixed results. NFT Skeptics Pay $10,000 to Buy NFTs on Ethereum…
“Cryptocurrency is like the Eiffel Tower”: Reflections on Paris Bl…
Paris Blockchain Week 2022 focuses on NFTs, a multi-chain future, preparing for mass adoption, and more. This week looks back on Paris Blockchain Week 2022, with thousands of crypto geeks, industry leaders,…