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VanEck announces the launch of the NFT Collection Powered by Ethereum

VanEck announces the launch of the NFT Collection Powered by Ethereum, Crypto Trading News
The new NFTs by VanEck were developed to demonstrate the real-world utility of non-fungible tokens.

Global investment manager VanEck has announced the launch of a community NFT based on Ethereum in partnership with South Korea-based creative NFT agency NUMOMO. This is the first such initiative presented by the company and involves the publication of 1,000 VanEck NFTs.

NFTs from the VanEck community

According to the official press release, the community NFTs are intended to demonstrate the real-world utility of the NFT structure and are based on a fictional character, Hammy (modeled after Alexander Hamilton). While explaining more about the character, JP Lee, NFT co-founder of the VanEck Community said:

“Since NFTs first emerged as a means of presenting compelling digital art, we haven’t overlooked this part of the equation either. Our NFTs will all feature stunning 3D avatars and narrative-style videos that help create a real sense of the story and stimulate discussion, debate, and community. Our character ‘Hammy’ will be an excellent guide for anyone interested in seeing the past, present and future of finance.”

VanEck plans to release a total of 1,000 NFTs, categorized into Commons (750 total), Rare (~230), and Legendary (~20). Based on these three tiers, each NFT holder gains access to a variety of special benefits. Additionally, Matthew Bartlett, co-founder of VanEck Community NFT, announced that the initiative will serve as a digital membership card, giving holders exclusive access to a variety of events, digital asset research, and an inclusive community of digital asset enthusiasts and investors .

Jan van Eck Positive about technology

The latest news comes less than three weeks after VanEck chief executive officer Jan van Eck said he was “impressed” by the “whole NFT phenomenon.” He also predicted that the Blockchaintechnology that would completely change Wall Street. As previously reported, the executive had said the reason for the delay in adoption was due to regulators.

In March, the investment manager launched Digital Assets Mining ETF (DAM), which focuses on platforms engaged in the crypto asset mining industry. His ambition, a much-anticipated publicly traded Bitcoin-spot fund (ETF), but was put on hold by the US Securities and Exchange Commission.

Source: Crypto News Deutsch

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