Global investment manager

Global Investment Manager VanEck Launches NFT Collection

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VanEck, a New York-based investment management firm behind a bitcoin futures exchange-traded fund (ETF) launched last year, plans to release a collection of 1,000 non-fungible tokens (NFTs) .

The Ethereum-based collection, called VanEck Community NFT, will center around a caricature of Alexander Hamilton, named “Hammy,” as he explores past, present, and future financial policy. The purpose of the collection is to demonstrate the real utility of digital assets, provide a community for VanEck investors, and educate holders about the crypto space.

VanEck partnered with creative services company NFT NUMOMO to help with the launch.

“Our NFTs will all feature stunning 3D avatars and narrative-style videos that will help create a real sense of story and stimulate discussion, debate and community,” said JP Lee, co-founder of VanEck Community. NFT, in a statement. “Our character ‘Hammy’ will be an exceptional guide for anyone who wants to see the past, present and future of finance unfold.

The collection will consist of three tiers: 750 “common”, 230 “rare” and 20 “legendary” NFTs. Each level will grant the owner more special access to VanEck events, digital asset research and other exclusive benefits. An airdrop for people who sign up for the project will take place the first week of May in 2022.

This is his first foray into NFTs, but VanEck has long been an advocate for Bitcoin ETFs in the US. The U.S. Securities and Exchange Commission last year rejected VanEck’s proposed Bitcoin spot ETF, the company’s Bitcoin futures ETF launched in November 2021.

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