Bobblehead, Bobbleheads, Brian Mariotti, Funko, Funko NFTs, Funko Pop!, Nasdaq: FNKO, nft, NFT Assets, NFT collectibles, NFTs, Non-fungible tokens, Vinyl Funko Pop!, Wax Blockchain

Following the release of new Garbage Pail Kids non-fungible token (NFT) assets and the recent Godzilla NFT collectibles from Topps, the leading pop-culture consumer products company Funko Inc., revealed the company is also joining the NFT fray. Funko announced on Thursday that the company has acquired Tokenwave, LLC and the investment aims to project the firm into the digital assets and NFT markets.

Funko Pop! NFTs Coming This Summer

The publicly listed firm Funko (Nasdaq: FNKO) is a well known American company launched in 1998 by Mike and Claudia Becker. Since then the company has catapulted to one of the top pop-culture brands throughout the last two decades. Funko makes a myriad of products, but the company is best known for licensed bobbleheads and vinyl figures. The investment into Tokenwave, LLC aims to “extend the company’s pop culture platform to include digital assets.â€

Bobblehead, Bobbleheads, Brian Mariotti, Funko, Funko NFTs, Funko Pop!, Nasdaq: FNKO, nft, NFT Assets, NFT collectibles, NFTs, Non-fungible tokens, Vinyl Funko Pop!, Wax Blockchain

Tokenwave is the developer of Tokenhead, an application for smartphones that allows people to collect NFTs. The app is available via Android and iOS and the 10 million NFTs hosted on the platform get 100,000 visitors per day. Exact numbers about Funko’s acquisition of Tokenwave were not disclosed. Funko aims to launch the NFT offerings this June and each week the starting price will begin at $9.99. The Funko-centric NFT products will be hosted on the WAX blockchain marketplace according to the announcement.

“Funko is thrilled to advance another platform that our fans and collectors will love and find valuable,†Funko CEO Brian Mariotti detailed. “Our strategy in this space is clear – bring the value-added NFT opportunity to our licensing partners to leverage our broad range of existing pop culture content across Television, Movies, Sports, Music, Anime, Video Games and Comic Books. Our amazing licensing partners are excited about our entry into this new digital space and we believe the diversity of our licensing portfolio sets us up for long-term success,†the executive added.

The Rarest Funko NFTs and Redeemable Funko Pops

The 23-year-old company gets over $500 million in revenue per year according to statistics and since Mariotti started as CEO, Funko has expanded its toy lines a great deal and has signed with well known firms.

“Our ability to combine Funko Pop digital NFTs with exclusive Funko Pop Vinyl Figures has the potential to be a game-changer,†Mariotti added. “By backing the rarest of the Funko Pop!s, we are poised to enter the NFT market in a very unique manner.â€

The NFT industry will likely expand Funko’s product lines and the company has already manufactured over 20,000 different products since 1998. The announcement also says that the Funko NFTs will leverage WAX’s patented NFT technology which is called “vIRLs.†Mariotti called the technology “powerful†and he thinks the NFT space is all about content and Funko has been providing that for the last 20 years, the CEO highlighted.

What do you think about Funko getting into the non-fungible token (NFT) collectibles space? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

RELATED NEWS

Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American Whistleblower Edward Snowden Mints an NFT

Xem chi tiết: Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

During the first week of April, Bitcoin.com News reported on the sidechain project Smart Bitcoin Cash Project (Smartbch), as the community has been very excited about this new venture. Smartbch aims to connect Ethereum’s EVM and Web3 APIs to a smart sidechain built using the Bitcoin Cash network. On April 7, 2021, Smartbch’s lead developer […]

Xem chi tiết: Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

NFT Roundup: Tom Brady’s Autograph Initiative, Topps Digital Baseball Cards, Annoying Orange’s 4K NFT Clip

The past week has been busier than usual for the NFT ecosystem. Rap stars Jeezy and Riff Raff entered the NFT realm, Hoard introduced its lending platform for NFT-collateralized crypto loans, The Topps Company is dropping its Series 1 Baseball collectibles, super-quarterback Tom Brady is launching his own NFT initiative, Terra Virtua is releasing a […]

Xem chi tiết: NFT Roundup: Tom Brady’s Autograph Initiative, Topps Digital Baseball Cards, Annoying Orange’s 4K NFT Clip

Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

The whistleblower and former Central Intelligence Agency (CIA) employee and subcontractor Edward Snowden has revealed he is stepping into the world of non-fungible token (NFT) assets. Moreover, 100% of the NFT sale proceeds will be donated to the Freedom of the Press Foundation. American Whistleblower Edward Snowden Mints an NFT

Xem chi tiết: Edward Snowden Plans to Auction an NFT, Proceeds Will Go to Freedom of the Press Foundation

Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

During the first week of April, Bitcoin.com News reported on the sidechain project Smart Bitcoin Cash Project (Smartbch), as the community has been very excited about this new venture. Smartbch aims to connect Ethereum’s EVM and Web3 APIs to a smart sidechain built using the Bitcoin Cash network. On April 7, 2021, Smartbch’s lead developer […]

Xem chi tiết: Maximizing TPS: Smartbch Developer Explains Project’s Potential, Metamask Capabilities Seen in the Wild

Kenyan Athlete and Olympic Champion Eliud Kipchoge Gets $40K in ETH After Auctioning NFTs of ‘Key Moments’

Kenyan athlete and world record holder, Eliud Kipchoge recently auctioned off his first set of NFTs for a total of 17.9837 ethereum tokens. The auction, which was conducted on the NFT marketplace Opensea, includes some of the key moments in Kipchoge’s career. According to a report, one of these moments, Kipchoge’s 2019 record-breaking run in […]

Xem chi tiết: Kenyan Athlete and Olympic Champion Eliud Kipchoge Gets $40K in ETH After Auctioning NFTs of ‘Key Moments’

14 Years of Art for $500K: Youtuber Ali Spagnola Compiles All Her Free Paintings Into an NFT

In mid-January, Bitcoin.com’s newsdesk wrote about the popular artist and Youtuber, Alicia Dawn “Ali†Spagnola after she “accidentally got bitcoin rich†from her Free Paintings project. Since then, a great number of people told her to create a non-fungible token (NFT) asset with her artwork, so she decided to execute the idea after many requests. […]

Xem chi tiết: 14 Years of Art for $500K: Youtuber Ali Spagnola Compiles All Her Free Paintings Into an NFT

British auction house Christie’s Plans to Sell 9 Rare Cryptopunk NFTs Next Month 

Next month in New York, the popular auction house Christie’s plans to auction a rare lot of Cryptopunk non-fungible token (NFT) collectibles. The sample of work sold will be approximately nine rare Punks, courtesy of the project’s creators Larva Labs. Nine Rare Cryptopunks Going to Auction On May 13, 2021, the British auction house founded […]

Xem chi tiết: British auction house Christie’s Plans to Sell 9 Rare Cryptopunk NFTs Next Month 

NFT Roundup: A Closer Look at Key Developments Over the Last Week

NFTs Come to Live in Uquid Shop as NFTD

DEX Barter Smartplace Launch: A New Era of NFT Trade

Paris Hilton ‘Very, Very Excited’ About Bitcoin — Confirms She Is a Long-Term Crypto Investor

Lifestyle and Entertainment Company Playboy Plans to Launch NFTs With Nifty Gateway

Cryptowisser: 30 NFT Marketplaces Dominate the Market, but More Will Come as NFTs Continue to Boom

Paris Hilton ‘Very, Very Excited’ About Bitcoin — Confirms She Is a Long-Term Crypto Investor

Torum: DeFi + NFT + Social Media – the Next Brilliant Utility Innovation in the Blockchain World?