Funko Pops have become some of the most popular collectables, with figures that feature recognisable characters from across pop culture. Fans love collecting the different Funko Pop figures, which makes them a perfect fit for NFTs. A Funko NFT are a great alternative to the traditional Pop figures and they have the same appeal as the figures themselves.
There’s a lot of confusion around what a Funko NFT (Non-Fungible Token) is though. They’re easy to get mixed up as the Funko Pop NFTs look a lot like traditional figures on the surface. While not for everyone, there are plenty of devoted fans of digital Funko pops. We’ll cover what you need to know about the collection and how it all works.
What are Funko NFT?
Funko Pop NFTs are growing in popularity, but if you’re a complete newcomer to crypto it might be a bit confusing. You might need to have the Funko NFT explained. Funko Non-fungible tokens, or NFTS, are collectable digital products made by toy company Funko. The NFT in Funko NFT signifies that these are one-of-a-kind collectables, they exist as a unique entry on the blockchain. They’re sold in packs with a degree of randomness.
Each pack gives you a chance to win one of the rare digital Pop! You won’t know exactly the rarity of what you’re getting until it’s opened. The NFTs themselves are a digital representation of the company’s unique characters, figures and designs. Each NFT is a tokenised form of the figures, making them quite a bit rarer than the traditional mass-produced versions.
The packs are available in stores starting at $9.99. Upon opening, it will be available for purchase using the Droppp.io platform. You’ll need an account with a linked payment method to use the platform.
Wallet and Blockchain
Digital pop is a unique wallet that holds your Funko pop digital collectables. Like Pokemon cards and baseball cards, these tokens put the pops themselves into a card. With Digital Pop, users can collect the NFTs alongside the Pops. The wallet also keeps track of the mint number and details of the tokens.
Through their partnership with the team at Droppp, they were able to create a platform and an NFT marketplace that will allow Funko fans to shop for digital Funko NFTs! This is possible with Droppp being a platform that focuses on giving fans a collectable digital experience.
Funko Pop NFTs run using the WAX blockchain. WAX will work seamlessly with the platform, allowing users to still track and access all of the previously purchased digital Pop! Items. You can also avoid high gas fees compared to other chains.
Why is it Popular?
Funko Pops are known for their impressive figures featuring memorable characters and unique designs. One thing to know is that when buying Funko Pop NFTs, there are already specific limited editions that only have ten units available! This means that you can acquire a rare one without knowing how limited they are.
Sometimes, certain toy items can become valuable, but their collectors are real collectors most of the time. Similar to meme coins, they are initially designed simply for fun. Not all collectors are trying to make money off of the toys. However, some collectors are specifically after rare Funko NFTs.
NFTs have created a new ecosystem for trading these digital goods. They are designed to provide proof of ownership that’s easily verifiable. Fans of Funkos already collect Pops and try to get rarer ones. NFTs allow a digital version of the same collecting to happen, with a tokenized Pop having the same potential for becoming rare.
Funko Pop NFT Collections
Funko are known for collaborating with loads of different franchises. They’ve brought that same crossover energy to the NFT collections. Not every franchise Funko works with is involved, it’s not a way to get Pokémon NFTs just yet. There are some big names here though.
Funko Pop first collaborated with ViacomCBS for a series of blockchain-based NFTs featuring iconic Star Trek characters. These NFTs from the sci-fi series were packaged alongside physical Funko Pops as a unique code.
The first batch of 120 digital cards was released on November 30th and featured various characters from Star Trek: The Original Series. In total, there are 48,000 packs of NFTs. The standard packs were sold for $9.99, while the premium packs cost $29.99. This was just the start for Funk NFTs though.
Since then, there’s been loads of Funko Pop NFT collections added.
The Top Funko NFT Collections
Game of Thrones
One of the most controversial Funko NFT collections so far has been House of the Dragon. The Game of Thrones spin-off has had a series of NFTs released alongside the physical Funkos! It’s not the only Game of Thrones NFT collection either.
The western adaptation of the Super Sentai series has gotten its own NFTs too! These Funko NFTs feature characters from the series, while it launched originally with 450,000 NFTs in August 2022.
The Looney Tunes are some of the most iconic characters in all of media, paving the way for loads of animation that came later. A collection of Funko Pop NFTs was released on September 2022.
View Askewniverse is the over-arching term for the films from Kevin Smith, mainly concerning characters like jay and silent bob. It also encompasses films like Clerks too though, in one of the first connected cinematic universes. This is a more niche collection but a great example of how wide the Funko Pop NFTs have gotten lately.
He mystery-solving franchise is another example of animated NFTs that have become pretty popular with Funko. These featured 375,000 NFTs and first debuted in March 2022.
What’s Next for Funko NFTs?
Funko Pop NFTs have grown loads since they were first unveiled. It’s gone from an experiment in digital collectables to a major part of the Funko experience for a lot of collectors. In the future, we can expect to see even more franchises get NFT forms in their collaborations with Funko. You’ll have to keep an on new NFT projects to see which iconic franchise will be next.