Funko and Paramount team up and launch NFT collection

Funko Inc. the company that manufactures pop culture collectibles and Paramount Global, the U.S. multinational media company partnered to launch a collection of NFTs.

Funko Inc and Paramount Global have teamed up to release a collection of NFTs of characters from the “Avatar Legends” universe. This universe includes characters from “The Legend of Korra” and “The Last Airbender”.

While Funko and Paramount are listed as the lead companies on the deal, this is another Nickelodeon’s foray in the NFTs, since, these animated series are from the children’s entertainment company.

The characters will be: Fire Nation Aang, Bolin As Nuktuk, Painted Lady, Kuruk, Varrick and Freddy Funko and many, many more. You will be able to see them all in the official catalog.

Like all NFT collections, the assets will be divided by different rarities, these are: common, uncommon, strange, epic, legendary, grail, 1 of 1 and series.

The total collection is 625,000 non-fungible tokens and can be purchased in two different ways. The standard packages containing 5 digital POP at $9.99 USD and the premium package with 15 digital POP at $29.99 USD.

The official website describes the roadmap of the collection and the steps to be followed in a project that will last more than six months.

First you will need to join the official Discord to get the information on how to purchase the different packs offered in the collection, then if you are able to get the Legendary or Grail rarities you will be able to exchange it for a rare and exclusive physical collectible that matches the Digital Pop.

Not everything stops here, those who were not able to get one of these two rarities, will have the opportunity to collect one of each common, uncommon, rare and epic Pop Digital to also be eligible to receive a limited edition physical collectible figure designed exclusively for this release.

The complete roadmap will be as follows:

  • August 9: Buy the packs. Collect a legendary, grail or royalty set to redeem for a physical collectible.

  • December 7: Redemption tokens will be deposited into the wallet containing redeemable Digital Pop! and/or qualified royalty sets.

  • January 6: Redeem your redemption tokens within 30 days of deposit.

  • Q2 2023: Physical delivery. Sit back and relax, your limited edition physical collectible figures will be on their way.

FUNKO AND THE NFTS: Other incursions

In early July Funko Pop scored a collaboration with Jay and Silent Bob, the comedy movie released in 2001 with actors like Kevin Smith, Jason Mewes and Ben Aflleck, among others. The collection was made into NFTs and then physically delivered to their owners.

He also had a collection of NFTs and physical figures by painter Bob Ross. In addition to being a painter, Ross was an American art instructor and television host. He was the creator and host of The Joy of Painting, an educational television program in which he performed different oil paintings live and demonstrating various techniques. He passed away on July 4, 1995 in Orlando, Florida and Funko Pop last year did its homework to commemorate one of the iconic people of American television in a different way.

The iconic 1960s television series also had its collection of NFTs were 120 3D NFTs featuring fan-favorite Star Trek characters such as Captain Kirk, Khan and Mr. Spock.

Finally, Funko Inc. has had several collaborations with different entertainment industries. Some of them are Warner Bros, Hanna-Barbera Productions, Inc, My Little Pony, DC Comics, Transformers, among others. All these collaborations were to create NFT collections. We will undoubtedly see many more Funko Pop Digital! in non-fungible token formats for all fans of different series, movies, novels and other entertainment industries.

Written by Rodrigo Catalan (TW: @RodrigoCatalanB) for NFT Express.