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Marvel enters the NFT game with Spiderman collectibles

marvel-enters-the-nft-game-with-spiderman-collectibles

The number of entertainment companies launching NFT collections is rising, and Marvel is the latest to join the market.

Marvel launches a Spiderman NFT

Marvel Entertainment waited a while before launching its nonfungible token (NFT), but it is finally here. The comic book publisher will launch its first NFT collectible tomorrow, and it will be the Spiderman action figure.

Marvel announced this latest development via a Tweet, stating that the NFT would be sold between $40 and $400 and would be available to thousands of buyers.

Be a part of @Marvel history! The FIRST APPEARANCE of Spider-Man in premium digital collectible format drops 07 August 8AM PT.

(3/5) #MARVELxVeVe pic.twitter.com/SDLbV8udVi

— VeVe | Collecting 2.0 (@veve_official) August 4, 2021

Marvel will be working with VeVe to launch five different Spider-Man collectibles, with the sales expected to start tomorrow. Each version will have thousands of NFTs available to interested buyers, with the Amazing Spider-Man NFT available for up to 32,000 buyers, while the Ultimate Animated Spider-Man NFT will be limited to 1,000 units.

Marvel to launch more NFTs

The comic book publisher said although it is starting with Spiderman, it has several other characters lined up. Marvel and VeVe intend to launch other NFTs this month. Later in August, VeVe will launch five variant covers of “Marvel Comics #1,” Marvel’s original 1939 comic book that introduced the Human Torch and Sub-Mariner. It will also launch a blind box series of Captain American NFTs before the end of the month.

Marvel’s major competitor, DC Comics, is already in the NFT game and is also working with VeVe to launch digital collectibles of its action figures. DC Comics has already launched NFTs of Superman and Batman.

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