The Worldwide Asset eXchange (“WAX”) has announced that it is the home for the rock band Weezer’s first set of digital collectibles. Now available, the set, titled “OK Crypto,” is comprised of 60 collectibles that are a collaboration between the band, boutique toymaker Death by Toys and the music NFT collective RAREZ. The announcement noted that each of the album’s 12 tracks will be captured on the blockchain as digital collectibles, with five sets of animated artworks available to be collected, including the unique Ultra Rares, 1-of-1 “golden ticket” NFTs, which is redeemable for a physical toy handmade by Death by Toys’ own Dan Polydoris. WAX will mint Weezer NFTs, which will be a proof-of-stake blockchain that uses vastly less energy and is more than 100,000 times more efficient than other proof-of-work methods. Expectations are high for this offering, as similar WAX sales in the past have seen impressive popularity, often selling out in minutes. “OK Crypto” NFTS will be released at 1 p.m. ET today, with 10-card standard packs available for $10; 25-card mega packs will be $40. The cards can be traded and swapped on the WAX-powered marketplace, where all transactions are recorded on the blockchain.
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About the Worldwide Asset eXchange
The Worldwide Asset eXchange(TM) (“WAX”), known as the King of NFTs, is the world’s number-one blockchain as measured by both number of users and number of transactions, according to Dappradar.com. WAX is also the leading entertainment NFT network. In 2018, WAX introduced vIRLs(TM) , giving consumer product companies the ability to directly link NFTs to physical consumer products. Cofounded in 2017 by William E. Quigley and Jonathan Yantis, WAX delivers the safest and most convenient way to create, buy, sell and trade virtual items and physical products to anyone, anywhere in the world. WAX has facilitated the trade of more than 100 million digital collectables including Major League Baseball, Capcom’s Street Fighter and world-renowned entertainers Deadmau5 and Weezer. For more information, please visit https://on.wax.io/wax-io.
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