Welcome to Disney’s NFT paradise! Elsa, Simpsons, and Iron Man might be yours

November 10, 2021 03:02 PM IST | By Aditi Saha
 Welcome to Disney’s NFT paradise! Elsa, Simpsons, and Iron Man might be yours
Image source: © Ralukatudor | Megapixl.com

Highlights

  • The VeVe companies and Disney have teamed up to give crypto enthusiasts a gift by releasing the NFT series of Marvel, Pixar, Star Wars, and other Disney flicks.
  • The wave of happiness could be witnessed in the crypto world as crypto levers could see NFTs of their favourite characters such as Elsa, Anna, Simpson, Wall-E, Iron Man, and C-3PO.
  • It is undeniable that if cryptocurrency did not exist, it would be impossible to get complete ownership of Disney's iconic characters.

Welcome to the world of Elsa and her princess sister Anna's fairyland. You may perhaps take a stroll through the kingdom of superheroes. Simpson would be there to foretell the future for you.

Are you a fan of Disney's hit series Frozen, Simpsons, and Iron Man? Then put on a big smile. Furthermore, if you are a crypto enthusiast, the fun will be multiplied.

Are you puzzled why there is so much enthusiasm? All thanks to Disney for joining the crypto rage.

The VeVe companies and Disney have teamed up to give crypto enthusiasts a gift by releasing the NFTs series of Marvel, Pixar, Star Wars, and other Disney flicks. The wave of happiness could be witnessed in the crypto world as crypto lovers could see NFTs of their favourite characters such as Elsa, Anna, Simpson, Wall-E, Iron Man, and C-3PO.

Related Article: The race to embrace NFTs begins among Indian celebrities and cricketers

What's the current buzz about Disney NFTs?

The ability to elicit emotions via fascinating storytelling is what distinguishes Disney from others. Fans flock to Disney for its eye-catching artwork, characters, and unique tale plot.

Disney has entered the cryptocurrency arena by issuing non-fungible tokens (NFTs), which are modern-day collectables. It's a type of digital asset that connects ownership to one-of-a-kind physical or digital assets like videos, artwork, music and real estate. The fact that NFTs holders retain complete ownership of their online items makes them more valuable.

Even Disney couldn't resist the crypto craze, and with NFTs, it has opened the door to paradise, where your favourite fairy tale characters could be yours.

Related Article: US bitcoin ETF launched; Financial and crypto markets are finally married!

How do you get your favourite Disney characters?

Disney+ Day is soon approaching on 12th November, and there would be a big celebration! Fans will be treated to surprising moments, exclusive offers, and more to honour the occasion.

On Disney+ Day, individuals will get an opportunity to purchase Disney NFTs for the first time. In addition, digital collectables of your favourite movies will be accessible through the Verve Digital Collectables App.

Furthermore, there would be more collections introduced onto the market. For example, the corporation has currently proclaimed an Ultra Rare digital collectable as well as a "Golden Moments" collection.

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In addition, there are a few fantastic Disney subscriptions available. Once Disney NFTs are released, subscriptions will be available for purchase directly via the VeVe app. Purchasers of Golden Moment NFTs would receive a three-month bonus subscription, while others would receive a 12-month subscription.

On the VeVe app, Disney's NFTs will cost US$60. In addition, three months of Disney+ are included in the purchase.

Related Article: What are the top five cryptocurrencies with the fastest growth in 2021?

Which other prominent firms jumped into the fray?

Disney is hardly the first major corporation to invest in NFTs. Coca-Cola, Asics, P&G, and Nike have all issued NFTs in recent years, with Coca-Cola revealing that its first auction raised over US$575,000.

NFT sales rose throughout 2021, reaching more than US$2.5 billion in the second quarter, up from US$13.7 million in 2020.

Furthermore, Mark Zuckerberg's latest move has swung the pendulum in favour of NFTs. By rebranding Facebook as Meta, he stated his vision shift to embrace NFTs. The adoption of NFTs does not appear to be slowing down any time soon but instead expanding.

Related Article: Goodbye, Facebook's facial ID system!

Bottom Line

It's a dream come true for art and crypto enthusiasts, who can now get their hands on Disney characters they've always desired. It is undeniable that if cryptocurrency did not exist, it would be impossible to get complete ownership of Disney's iconic characters. 

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