VanEck Announces Launch of NFT Collection Powered by Ethereum | Bitcoin Crypto Expert

VanEck Announces Launch of NFT Collection Powered by Ethereum

VanEck has partnered with South Korean creative NFT agency for the launch of is new NFT collection.Global investment manager VanEck has announced the launch of a community NFT based on the Ethereum in partnership with the South Korea-headquartered creative NFT agency, NUMOMO. This is the first such initiative unveiled by the firm and involves the release of 1,000 VanEck NFTs.

According to the official press release, the community NFTs are designed to demonstrate the real-world utility inherent in the NFT structure and will be based on a fictional character, Hammy (modeled after Alexander Hamilton). While explaining more on the character, JP Lee, VanEck Community NFT Co-Founder, said,VanEck plans to release a total of 1,000 NFTs which will be categorized as – commons (which will total 750), rare (approximately 230), and legendary (approximately 20).