Book creator

Todd McFarlane considering NFT version for small budgets

The creator of Spawn says he’s evaluated the NFT market to see if it is viable to offer digital assets for those on a budget.

Image Comics President Todd McFarlane considered the possibility of producing NFTs someday for low-budget buyers, rather than collectors with thousands of dollars to spend.

In an in-depth interview with Newsarama, the Spawn The creator said he would likely dip his toes into the NFT pool, “just for the curiosity factor.”

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“The question I asked is if we can do NFTs for about… two dollars,” McFarlane said. “Like I’m selling an original page, it’s the only one I have, but if I could have pages on multiple platforms. I’m trying to find out if you can have a crowd that only has $ 0 $ 10 to spend, and another one that has $ 10 to $ 100, then the crowd that has $ 100 to $ 1,000 I know there are elite buyers, but it’s just a handful. I’m trying to see if there’s a business model for this for everyone, so that’s my curiosity with that. “

McFarlane clarified that he did not yet have specific plans, but that he “was having conversations with people” and that he expected there to be an announcement before the end of the year. . His interest in NFTs and more budget-conscious consumers is tied to the similar views the President of Image has shared over the past two years, including the belief that big comic book companies need to come together. amid the coronavirus pandemic (COVID-19) and offer free digital downloads of top-selling titles.

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NFTs, or “non-fungible tokens,” are a form of cryptocurrency that offers unique and one-of-a-kind certificates of ownership. They can be used for digital assets such as images and videos, and NFT versions of limited edition artwork have sprung up over the past year, attracting a sea of ​​collectors with big bucks. in their pockets.

Former Wonder Woman artist Jose Delbo, for example, sold NFT for $ 1.85 million based on the character in March. Other creators, including artist KC Green – the mind behind the popular “This is Fine” meme – have lambasted NFTs, arguing that they look like a pyramid scheme, going against the fun nature of the game. sharing works of art online and are potentially damaging to the environment, as the cryptocurrency exchanges needed to purchase them require significant power consumption.

The ongoing debate over NFTs hasn’t stopped big comic book companies from entering the game. DC has partnered with Palm NFT Studio for a series of free, eco-friendly NFTs the company will offer. during its FanDome event in October. Marvel, meanwhile, announced a partnership with VeVe Digital Collectibles App in June to launch official NFTs featuring Marvel characters, arguing that “collecting has always gone hand in hand with being a Marvel fan. “. Prices for Marvel NFTs range from $ 40 to $ 400.

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Source: Newsarama

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Margarita W. Wilson

The author Margarita W. Wilson