Vaneck, an international asset management firm that manages $85.5 Billion in assets, will be releasing 1000 non-fungible tokens. “We’ve designed the Vaneck Community NFT to function like a digital membership card,” said Vaneck.
Asset Management Firms Can Use NFTs
Vaneck, a global asset management firm with approximately $85.5 billion in assets, announced Monday the launch of the Vaneck Community NFT (non-fungible token), which the company described as an innovative way for investors to join the Vaneck crypto community and “the first-ever NFT offered by a global asset manager.”
Here are the details of the announcement
This project involves the publication of 1000 Vaneck NFTs. It is intended to show the practical utility and real-world benefits that the NFT structure offers.
Vaneck stated that there will be three kinds of Ethereum-based NFTs: the common (which will amount to 750), the rare (approximately, 230), or legendary (approximately 20,).
In partnership with NUMOMO, a South Korean NFT agency, Vaneck Community NFTs have been created. The first 1000 people to sign up will receive them via an airdrop this week.
Matthew Bartlett is the Vaneck Community NFT founder.
We’ve designed the Vaneck Community NFT to function like a digital membership card, providing NFT holders with exclusive access to a wide range of events, digital asset research and the insights of an inclusive community of digital assets enthusiasts and investors.
Vaneck explained: “The primary purpose of the initiative is to bring together like-minded investors who are interested in the cryptocurrency and blockchain space. The secondary purpose of the initiative is to help educate Vaneck clients on the crypto space, while also providing real-world utility.”
Asset management firm stated that NFTs of its NFTs would not be listed in an NFT marketplace.
Vaneck NFTs can be airdropped to anyone who signs up. Vaneck won’t make a profit through the distribution of NFTs or collect a creator fee.
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