The buzz around NFTs (non-fungible token), indivisible, unique, and trackable digital assets, has been growing for several years now. Many small companies, games, and groups have created and minted their own digital collectibles, with mixed success. The general consensus was that for mass adoption, a mainstream brand or IP would have to take a chance on the blockchain. Almost a year ago, the first glimmer of hope landed with trading card titans, Topps, partnering with WAX to provide Garbage Pail Kids collectible cards.
While Topps was undoubtedly an exciting partnership to have formed, the IP they offered first was a touch underwhelming, particularly when they create collectibles for everything from major sports through to Star Wars. Nevertheless, it was a positive step forward for WAX and NFTs, joining other boons like Atari, and somewhat unexpectedly (but successfully), deadmau5. The latest positive launch, however, has been exciting and well-received.
Capcom is a gargantuan force in the video game industry. The Japanese developer has created cult games such as Resident Evil, Devil May Cry, and most pertinently, Street Fighter. The arcade beat-em-up has a staggeringly large and devoted following globally, and so Capcom’s decision to team up with WAX in the creation of official, Street Fighter NFTs is a big step.
The sale of the card packs was only live for 24 hours, but managed to sell north of 30,000 packs in that time, making hundreds of thousands of dollars in such a short window. We are now seeing a flurry of activity in the selling and trading of cards — particularly those of a low mint — as well as unopened packs on AtomicHub.
Did you manage to get your hands on any? How was your experience?