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Web3 startup STAN launches NFTs

STAN, a blockchain-based esports fan engagement firm based in Bengaluru, has announced the launch of a first-of-its-kind Official Non-Fungible Tokens (NFT) and Limited Digital Collectibles’ (LDC) Collection in conjunction with 50+ well-known gaming artists and esports athletes in India. As the first platform (app) in India to launch the NFTs of gaming and esports industry content providers and gamers. Notably, both the STAN NFTs and the Exclusive LDCs are limited in quantity and will only be available for purchase for a limited time.

STAN will roll out over 10,000 NFTs and over 2,000 exclusive LDCs as part of this strategy over the next two months or so. STAN will also be conducting multiple in-app NFT drops and NFT sales for each of the signed creators on pre-determined occasions during this time period (coming).

Unlike other NFTs, which frequently consist only of an image, song, or other creative asset, STAN NFTs stand out because they have the element of ‘utility value’ intrinsically attached to them; as users purchasing STAN NFTs will instantly unlock certain perks linked to a creator/athlete for instant gratification.

 Owners of STAN NFTs, for example, would be entitled for a range of privileges like as Instagram shout-outs, chat shows, meetups, play-a-match with a creator live on stream, access to Creators’ Guild, personalised greetings from the athlete/creator, and many more! These NFTs can also be withdrawn, sold, or exchanged in NFT marketplaces such as OpenSea.

Nauman Mulla, Co-Founder & COO, STAN stated:

 “We at STAN are excited to launch the NFTs of an array of esports athletes and creators in India who are associated mainly with the Free Fire and BGMI games; The idea and objective behind this is to enable the users – including non-crypto-native ones – to tap into the burgeoning NFT gaming economy, while also engaging them actively along with their favorite esports creators and idols.”

So far, STAN’s NFT waitlist has had a resoundingly favourable reaction, with almost 18,000 people signing up. In the future, NFT waiting users will be able to enjoy benefits such as Early Access to the NFT Sale (2 days prior) and Discount on the Sale (up to 10% discount on NFT and Exclusive Limited Digital Collectibles sales). Furthermore, around 1000 early-registered waitlist users will be awarded with free NFTs.

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