Capcom’s Bold Move into NFTs
In a striking pivot that blends nostalgia with technology, Capcom has announced its foray into the world of blockchain collectibles. The gaming giant is set to launch a series of Street Fighter II-inspired NFTs on February 18, marking a new chapter in the lengthy saga of digital gaming.
What’s in the Card Packs?
The upcoming digital trading cards will celebrate characters from the iconic arcade game that first rocked the gaming world 30 years ago. These cards will come in packs of 10 and 60, available for purchase using just plain old credit cards—because who doesn’t love a throwback to simpler days? Plus, you can experience the thrill of ‘unpacking’ cards just like you did as a kid, minus the sticky bubble gum residue!
Trading Cards Air-Tight and Copyright-Right!
Unpacking these NFTs isn’t just about joy; it simulates the traditional card-collecting experience, giving collectors a taste of that excitement. Plus, you can craft your cards into new NFTs, expanding your digital portfolio! And let’s not forget: unopened packs of cards could sell for more than the ones haphazardly opened—can we say speculation galore?
Why Are NFTs Gaining Ground?
2021 has been a monumental year for digital collectibles, showcasing over $133 million in NFT sales in just a month. A staggering 54% originates from the NBA Top Shot collection alone. Lee Jenkins, WAX’s Product Manager, believes that blockchain technology creates “truly comparable” ownership experiences that digital collectors crave.
The Perks of Digital Ownership
Owning a digital item now promises authenticity, verifiable rarity, and the capability for collectors to buy, sell, and trade seamlessly. Jenkins posits that for companies savvy enough to harness blockchain, NFTs represent a golden opportunity to innovate products and services—poaching collectors from the physical realm.
Secondary Market Thrives on WAX
While Ethereum may dominate the overall NFT sales landscape, WAX is holding its own with an average secondary market sale of $3.66, a welcoming price point compared to its competitors, which hover around the $1,500 mark. This accessibility is certainly enchanting more collectors.
Other Thriving Projects on WAX
WAX isn’t just home to Capcom’s Street Fighter II; it supports numerous niche collections. From Atari to original art series like KOGS and Bitcoin Origins, various NFT projects flourish here, establishing WAX as a must-visit platform for collectors.
Final Thoughts: Collectors Rejoice!
As Capcom strides onto the blockchain, the excitement is palpable. Capcom has previously embraced the digital collectible space, teaming up with ECOMI among others. And while celebrities and big names can often grab headlines, it’s the engaging content, like Street Fighter II, that truly captivates the core audience. Get ready to rumble—and unpack those packs on February 18!