Warner Bros. is Creating 6 Million DC Comics Trading Cards With Redeemable NFTs
Warner Bros. is creating over 6 million DC Comics-inspired physical trading cards packaged with redeemable NFTs that will be available later this month.
Cartamundi, a card and board game company, will design the cards, which will feature 155 different superheroes. The NFTs are being minted on the Ethereum sidechain Immutable X.
Warner Bros. also plans to issue a few limited-edition cards using imagery and characters from the latest DC Comics film, “The Batman,” starring Robert Pattinson.
NFTs are unique digital tokens that exist on a blockchain like Ethereum and signify one’s ownership over an asset. Non-fungible tokens have often been compared to trading cards because of their subjective value, varying rarities, and collectible ethos.
“Trading cards have been a favorite of fans for decades. Combining that enthusiasm for collecting with a custom NFT is just brilliant,” Pam Lifford, president of global brands and experiences for Warner Bros., said in a statement.
The “hybrid” card packs will be priced from $5 to $120. Buyers will have to download a mobile app called Hro to redeem their physical cards’ NFT components, and to buy, sell, or trade other NFTs from the collection.
This news comes after Warner Music Group just announced it would be partnering with play-to-earn NFT game Splinterlands to give musical artists greater access to NFT marketplaces.
This week in coins. Illustration by Mitchell Preffer for Decrypt Companies are doing whatever possible to stay solvent during crypto winter—freezing redemptions, laying off employees, cutting spending, filing for bankruptcy, negotiating buyouts—but those conditions couldn’t […]
Bitcoin’s price was volatile Friday following the release of data from the Labor Department—following its trend this week of dipping and diving as investors decide what to do with riskier assets. At first the biggest […]