Tuesday, April 16, 2024
HomeNFTGlobal asset management firm Vaneck introduces first Vaneck Community NFT

Global asset management firm Vaneck introduces first Vaneck Community NFT

Vaneck, a global asset management firm with $85.5 billion in assets, is introducing 1,000 non-fungible tokens this week (NFTs). Vaneck stated, “The Vaneck Community NFT is meant to act like a virtual membership card.” Vaneck Community NFTs are being developed in collaboration with NUMOMO, a South Korean NFT agency. They’ll be distributed via airdrop to the first 1,000 people who sign up this week.

Vaneck described Vaneck Community NFT (non-fungible token) as “the first-ever NFT offered by a global asset manager” and a “innovative way for investors to join the Vaneck crypto community.”

Vaneck explained that the 1,000 Ethereum-based NFTs will be separated into three categories: commons (750), rare (approx. 30), and legendary (approx. 20).

Vaneck Community NFT co-founder, Matthew Bartlett, stated that:

“We’ve designed the Vaneck Community NFT to function like a digital membership card, providing NFT holders with exclusive access to a wide range of events, digital asset research and the insights of an inclusive community of digital assets enthusiasts and investors.”

Vaneck a global asset management firm stated:

“The primary purpose of the initiative is to bring together like-minded investors who are interested in the cryptocurrency and blockchain space. The secondary purpose of the initiative is to help educate Vaneck clients on the crypto space, while also providing real-world utility.”

The asset management firm stated that their NFTs will not be listed on an NFT marketplace:

“Vaneck NFTs will be airdropped to those who sign up. Vaneck will not be making a profit from the distribution of NFTs nor collecting a creator fee.”

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