There’s never a dull moment in the NFT industry, and today has been no different. There have been several stories that hit the tape this morning and over the weekend with some of the biggest being the fact that Macy’s will be launching FREE Thanksgiving Day Parade NFTs and Pokémon, an iconic card game, hit the blockchain over the weekend. Here’s what’s going on:
Macy’s Thanksgiving Day Parade NFTs Coming Soon
If you haven’t heard of the Macy’s Thanksgiving Day Parade, chances are that you live under a rock. It’s not only the most iconic parade in the United States, it’s arguably the most iconic parade in the world. However, this year’s parade will be coming with a twist.
Fans of the parade won’t only be able to have a collectible piece of memorabilia that they may have caught being thrown from a float as spectators, even those that don’t go will have their chance to get a collectible… in the form of an NFT.
The collection features 9,500 collectibles that will be given away for free and 10 that will be sold to benefit the Make-A-Wish foundation. All NFTs included in the collection come with a 10% royalty, but Macy’s won’t be collecting the royalty dollars. Instead, 100% of the royalties on the collection will be automatically donated to Make-A-Wish.
The NFTs in the collection include a wide range of balloons, floats, and characters. Read the article linked to above to learn how to get your hands on one.
Pokémon NFTs Hit the Blockchain
I’m sure you’ve heard of Pokémon. If you’re like me, you’ve spent quite a bit of money buying trading cards, action figures, and movies from the brand for your kids. You may even play the game yourself. For many, the brand doesn’t just represent a cartoon, card game, and mobile app, it represents an adventure.
Now, Pokémon is taking that adventure to the next level, bringing non-fungible tokens into the frey.
The Pokémon collection launched over the weekend with 390 unique characters hitting the blockchain. At the moment, if you want to get your hands on one, you’ll pay about the equivalent of $67 in Ethereum. However, if the collection becomes popular, the collectibles will quickly grow to be worth far more.
The floor price on the collection is based on a tiered system surrounding sales of pieces within it. Once most of the collection has sold, the floor price on the entire collection, being the lowest price you can pay to own one of these tokens, will be increased to 2 ETH, which works out to more than $8,000. However, for fans, it’s not about the investment, it’s about the adventure and the fact that there’s new ways to catch ‘em all!
Martha Stewart Announces The Launch Of Her First Audio Storytelling NFT Collection Commemorating Thanksgiving Traditions
Martha Stewart is an icon in entertainment and the DIY industry in the United States and around the world. She’s also known to be hip to the latest trends in art and fashion. So, it’s no surprise that the celebrity already has her fingers dug deep in the NFT world. In fact, her first collection featured pumpkin carvings and sold out quickly. So, it’s not surprising to see that she’s jumping back in for another taste of metaverse glory.
Known as the “Queen of Thanksgiving,” thanks to Time Magazine, Stewart will be producing and launching Storytelling NFTs.
Those that get their hands on the NFTs will own recordings of Martha sharing her earliest Thanksgiving memories and recounting her first, disastrous, Thanksgiving dinner, the story of which was first published in the debut Thanksgiving edition of Martha Stewart Living Magazine. The collection will feature a signed digital cover from the 1994 issue and an audio recording of Martha reading from the very first “Remembering” article.
As is the case with anything Martha does, the collection is expected to be met with incredibly high demand. Learn more about it on AIThority.
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System of a Down’s Serj Tankian Preps NFTs, Signed Prints for New Digital Art Exhibit
Next up, System of a Down’s Serj Tankian is jumping into the Web3 community too. According to this article on Rolling Stone, the rock star will soon be offering a mix of animated NFTs and archival giclée prints.
Tankian’s collection, dubbed Not for Touching – The Intangible Composition, is presented by Curio NFT and will go on sale on December 6 through an interactive gallery.
According to the article, the collection includes 21 pieces of art that will be auctioned off in simulated gallery rooms with large-scale animatic graphics. The graphics were developed by Roger Kupelian, or Hugo from The Lord of the Rings. Moreover, Tankian’s music will be the soundtrack for the event, setting the stage for a rock star experience.
Of course, the collection is expected to sell out quickly. So, if you want one of these collectibles you’ll need to be ready to act fast in December.
Three Ways for Investors to Make Money on NFTs
With billions of dollars worth of NFTs being traded, and some collectibles jumping from nothing to millions in value has investors going wild. However, the wise investor doesn’t just jump on the latest trends. He takes advantage of his research capabilities and works to learn how to go about investing in a new space.
That’s why this article on Market Realist really caught our attention.
The volatility seen in NFT prices, it’s important to take a systematic, well-thought out approach to investing in these assets. In this article, the author outlines three tried and true ways to make money in the NFT game, whether you want to invest in assets that generate passive income, much like dividend stocks, flip and trade your way to the top, or profit from peer-to-peer lending on the blockchain.
All three options are viable to say the least and have been proven time and time again to be strong avenues for growth if you follow a solid strategy.
That’s All for Today
That’s all for today my friends. Come back tomorrow for the latest and greatest in NFT news.