Funko NFT: The Most Valuable NFT Collectibles Right Now
Funko NFT is a digital collectable product line created by the toy company Funko. The meaning of the term NFT is Non-Fungible Token. It means that the collectibles represented with these NFTs are unique and exist on the blockchain, therefore making them different from mass-produced products.
Funko NFTs come in packs, and each pack has a random chance to get a rare digital Pop! figure. Its rarity will only be known when the pack is opened, making it an exciting surprise for the collectors. These include NFTs tokenized digital representations of some of the famous characters, figures, and designs by Funko, ensuring their rarity and singularity.
With packs that start at $9.99, they are now live in stores and specifically available for purchase on Droppp.io. If users want to access and buy these NFTs, then they will have to log into their account on the website and attach a payment method.
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For generations, Funko Pops have been trading on great figures of characters and striking designs. Little do people know that the Funko-pop realm has entered the digital age with limited edition NFTs, opening up a new frontier of ownership over pieces of this pop culture phenomenon.
These Funko Pop NFTs are not just representations but, more often than not, generate highly limited editions, sometimes as low as ten items per edition.
Just like how the limitedness of the physical toys means very little to most collectors, so is the case with these NFTs. While many do it to collect an item from their favourite franchise, the basic thrill of it, others actually go out of their way to find these most elusive digital tokens.
The rise of NFTs opens a new ecosystem in the world of trading digital goods: the goods will be owned and their ownership verified on a blockchain. This means that, for a Funko Pop enthusiast, the hunt for rare pieces has now been expanded to include digital versions of Pops, which have just as much potential for rarity and value as the physical ones.
Funko Pop NFTs, or sometimes Funko Pop Digital Collectibles, are now rapidly growing in popularity this year. These are non-fungible tokens representing the highly-recognized digital representation of the physical Funko Pop figurines—these figurines portray characters from movies, TV shows, video games, and other sources of pop culture.
Driving demand for Funko Pop NFTs includes the fact that they are limited and, therefore, appeal to collectors looking for rare and distinct digital assets. These NFTs are bought, sold, and exchanged, being one factor in their collectible and investment status. The prices at which these digital collectables might be sold could be radically different: some for as little as one dollar, while others might be sold for several hundred.
Funko NFTs are digital collectibles that are distinct in nature, existing as NFTs. Each Funko NFT is unique and cannot be traded for another item of equal value, reinforcing its individuality.
These digital assets are securely stored on the blockchain with both authenticity and clear ownership records. Enthusiasts and collectors can buy, sell, and trade Funko NFTs on platforms like Droppp.io.
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The Funko Pop digital and physical collectables ecosystem, including merchandise and related products, is very large. Traditionally known for their vinyl figurines, an iconic part of the brand identity, Funko Pop has moved to many more products to suit a larger community of collectors and enthusiasts.
Physical Funko Pop figurines are integral to the brand’s appeal. Items are widely available in retail stores and online, often as part of special collections or limited edition bundles. Collectors from all over the world find value in these tangibles due to their high level of detail, which ties owners to popular culture icons.
Besides the physical product itself, the company has ventured into the digital with Funko Pop NFTs. Funko Pop NFTs run on the WAX network, one of the most decentralized platforms in safety and usability.
On the WAX network, anyone can create fully functional, completely virtual marketplaces with no investment in security, infrastructure, or payment processing required. It’s one of the major reasons collectors have grown to view the WAX network as a secure and safe channel through which to engage the digital collectable market.
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To be able to buy a Funko NFT, one has to register for a Droppp account from the official Digital Funko website. Upon completion of the Droppp account registration process, one will be able to purchase NFTs with either a credit card, Apple Pay, or Google Pay. There are two ways in which collectors may purchase: the Standard Pack, containing 5 NFTs at $9.99, and the Premium Pack, made available at a price of $29.99 and offering 15 NFTs.
Manage and track your NFT purchases with the TokenHead app. Log in to your Droppp account using the app. Note: There could be purchase limits in place for Funko NFTs, but you can get back in line for continued transactions during the drop. At that point in time, you will be able to sell or trade your Digital Funko NFTs on any WAX NFT marketplace.
To trade a Funko NFT on a WAX marketplace, first research current market prices to set a competitive selling price. After determining the price, list your NFT for sale on the WAX marketplace.
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Funko NFTs are basically digital collectables, very much like any other collection of NFTs—just with one very major exception: design. The items are distinctive pieces that are very hard to copy, so collectors are very interested in obtaining them.
Funko NFTs pegged to the theme of seasons or holidays can indeed turn out to be major collectibles. Drops that are pegged to time and limited editions are most sought after since they resonate with collectors who are conducting their research, either to complete themed collections or in commemoration of certain events in the season.
It’s the popularity and the trends within the community that makes the Funko NFTs of value. NFTs that adhere to current trends in one way or another, and especially those that feature popular characters, would garner interest more.
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Slated for a launch on October 4, 2022, the Game of Thrones NFT collection is one of the most anticipated launches Funko Pop has to announce. There will be a total of 625,000 NFTs in this collection, and by holding these NFTs, one would be able to digitally own their favourite characters from the TV series or even book series, such as Jon Snow and Daenerys Targaryen.
The Power Rangers—available on August 23, 2022—is a collection that pays tribute to the classic TV show and movie franchise. Within this series are 450,000 NFTs, specially dedicated to collectors who grew up with the 90’s series, washing them over with nostalgia.
The Looney Tunes NFT Collection went live on September 20, 2022, and includes 300,000 digital collectables featuring all-time favourite characters from Bugs Bunny to Daffy Duck, more like an ode to the Warner Brothers’ animated series, which is without a doubt one of the immortal works in the history of animation.
The View Askewniverse Collection—which comes with Kevin Smith films and characters, like Jay and Silent Bob—is a smaller, very interesting part of the Funko Pop NFT range. This collection illustrates just how diversified the Funko Pop digital offerings are.
Funko Pop announced a collection of 375,000 Scooby-Doo NFTs, including Scooby-Doo and Shaggy, the most popular characters from the animated series, back on March 29, 2022.
One of the prominent characters in the series of NFTs which Funko has brought into the market is the Black Light Bebop. This $340 eye-pleasing figurine happens to glow under black light. After having so much charm way out of the gate, the market price for the Black Light Bebop has moved wildly all the way from $500 to as low as $630.
In Stranger Things, there exists the Dragon three-headed character that goes for $360. This creature has grown to be an unforgettable character in this whole series because it was intricately done, and many collectors have grown to like it. The release of the final seasons of Stranger Things may alter the value this figurine acquired by the market price.
Another recognizable NFT collectable is the Batman Rebirth, which has a value of $360. Compared to other Batman figures, the design for this one was not that distinct, but its limited edition placed it high in the collector’s market. Its market value went up and down but still remains highly in demand by DC fans.
The Star Trek NFT collection dropped on November 30, 2022. The Star Trek NFT Collection will contain no less than 360,000 unique NFTs, among them animated characters like Captain Kirk and Mr. Spock, to keep their large fan base engaged with the Star Trek franchise.
Finally, on 15 March 2022, the most-anticipated Transformers NFT Collection saw the light of day. This collection contains a total of 360,000 NFTs, including characters from the Transformers franchise—the most prominent ones being Optimus Prime and Megatron.
Ever since their launch, Funko NFTs moved from being just a novel experiment in digital collectibles to the main stage of the Funko experience for many enthusiasts. From a small experiment, it has grown to be at the core of brand offerings, expanding a space for collectors and fans.
Looking forward, Funko nails another strong point toward building on its growing NFT portfolio. Future collaborations will bring even more beloved franchises into the NFT space, providing fans with new and innovative ways of connecting to their favourite properties. Probably the most relevant way to keep up with the latest developments is to watch for upcoming NFT projects and find out which marquee franchises join the Funko NFT lineup.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Yes. You can trade Funko NFTs on Droppp.io.
Rare Funko NFTs are significantly harder to come by, and they are often worth more than Common or Uncommon NFTs.
Funko NFTs are priced according to enthusiast interest, so they are like meme coins and are designed for entertainment only. If you are thinking of investing, please consider carefully.
You can sell Funko NFTs by looking at the listing price and rarity of the NFT you own to make a bid for it.
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