Nickelodeon, an American cartoon television channel, has announced plans to launch a series of cartoon-themed non-fungible tokens (NFTs) on the OpenSea NFT marketplace. The highly anticipated NFTs will act as companions to the “Rugrats and Hey Arnold” cartoon on Nickelodeon.
On July 12, 2022, American cartoon television confirmed plans to launch new cartoon-themed NFTs on NFT Marketplace OpenSea. Nickelodeon has teamed up with tech company Recur to create the new NFTs.
The highly anticipated NFTs, which will officially drop this Friday, July 15, 2022, will mark the official entry of childhood memories into Metaverse. The new NFTs will not just connect the audience buts also stay relevant despite the targeting audience losing touch with trends amid the current crypto market dump. Zack Bruch, the CEO of Recur, shared his excitement:
“We are so excited to partner with Nickelodeon. Building the Nickelodeon NFT experience transported me back to some of the best childhood memories, such as sitting on the couch and enjoying Nick’s cartoons after school with friends. The Nick Web3 experience will bring fans back to those incredible and nostalgic moments. I am thrilled that the RECUR platform will bring these iconic characters into the Metaverse.”
The newly integrated Web 3 tech firm is renowned for designing and developing on-chain branded user experiences for fans to buy and re-sell their NFTs. Nickelodeon anticipates making digital collectibles accessible to everyone, including fans and brands.
Nickelodeon NFTs explained
The new integration will allow users to buy and sell their NFTs on the OpenSea NFT marketplace using any payment method, including digital assets, Credit Card, Debit Card, GooglePay, and ApplePay.
Nickelodeon will leverage Recur capabilities to design and develop its 12 cartoon-themed NFTs. Users will be able to mint a series of NFTs collections for free starting this week, without paying gas fees exclusively on the environmentally friendly OpenSea NFT marketplace.
Founded in 2021, Recur is a tech firm that leverages blockchain to design, develop and connect on-chain brands to its fans in an engaging NFT experience. Alongside Nickelodeon, Recur works with other cartoon projects, including Star Trek Continuum, Paramount, Hello Kitty & Friends, Care Bears, and NFTU.
On the other hand, OpenSea is an NFT marketplace that facilitates buying and selling digital artwork. OpenSea has more than 200 employees on its work base. The NFT marketplace host more than 2 million NFT collections, collecting an average volume of $20 billion on sales. Venture firms endorsing OpenSea include Coinbase, Trust Wallet, and Founders Fund.
Besides buying and selling their digital collectibles, Nickelodeon’s user will now explore their favorite NFTs on OpenSea without necessarily adding them to their collection. According to Bruch, the NFTs and virtual currencies are the leading way to the Web3.
Before summarizing, Bruch noted that although the NFT experience on Nickelodeon is not yet to become better, Recur is working on building more on-chain NFTs experiences. Recur hinted at a possible NFT project with Nickelodeon in the future.
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