NFT: on Base the digital pins of the Paris Olympics mascot


NFT: on Base the digital pins of the Paris Olympics mascot

  en.cryptonomist.ch 10 July 2024 10:45, UTC

In a few weeks, the Summer Olympics 2024 will begin in Paris and to celebrate the event, the digital pins NFTs of the mascot have been launched on Base.

The news was given directly by nWay, the division of Animoca Brands that deals with Web3.

They’re here, and ready to cheer on the athletes! Own a piece of the Olympic Games with our Paris 2024 Mascot NFT digital pins.

Head over to our blog for more details ➡️ https://t.co/2jd5RL5IGA#Paris2024 #Olympics #Paris2024Mascot pic.twitter.com/sTV7aajSVY

— nWay (@nWayGames) July 9, 2024

The launch takes place through My Olympic™ Rewards and the Onchain Summer campaign by Coinbase.

Summary

Paris 2024 Olympics: the NFT of the mascots on Base

These NFTs launched by nWay represent the digital pins of the Paris 2024 mascot, and were launched specifically to celebrate these Olympic Games.

The idea is to capture the playful spirit and energy of the Olympics with digital collectible items.

The NFT are available in two different designs with two different rarity levels: Epic and Legendary.

The first design (A) is that of the Paris 2024 mascot waving, available in both Epic and Legendary rarity levels.

The second (B) is the one of the Paris 2024 mascot with a flag, always available with Epic or Legendary rarity level.

The claim of the NFTs of the Paris Olympics on Base

There are different ways to request the NFTs of the digital pins of the Paris 2024 Olympic Games mascot.

The requests started yesterday, July 9, through Coinbase’s Onchain Summer campaign. The request period ends on August 12, and users will need to go to the Magic Eden platform to request and redeem the digital badge NFTs.

The supporters of OGJ and VTG can obtain all four pins, while through the mint on Magic Eden they can obtain the Legendary B or the Epic A.

The existing community of nWayPlay (NWP) and the supporters of Olympic Games Jam (OGJ) will receive the Legendary pin with the mascot waving exclusively.

Users will also be able to request and redeem Epic B through My Olympic™ Rewards using the points earned to redeem a digital pin.

For the OGJ/NWP community, it will be possible to enter the whitelist before July 23 by following the instructions contained in an email that will be sent.

In order to receive the NFT, users must use their own crypto wallet that supports the Base chain.

The layer-2 Base

Base is one of the most important layer-2s of Ethereum.

This is a chain designed and created by Coinbase, with the goal of making asset transfers on the main alternative chain to Bitcoin simpler and more economical.

The same Coinbase, that is the company which owns and manages the largest American crypto exchange, is involved in the initiative, given that the claim of these NFT is also possible thanks to their official Onchain Summer campaign.

Onchain Summer is a campaign that actually started last year, as an invitation to creators to launch their projects on Base.

In fact, Onchain technology allows anyone to be paid directly by their supporters with almost no fees, to have full ownership of their original digital works, and to build direct relationships with their community.

The creator of Base, Jesse Pollak, stated:

“We are more than excited about the launch of the Paris 2024 Olympic Games mascot NFT digital pins as part of Onchain Summer. This drop captures the innovative spirit of Onchain Summer, offering not only a piece of Olympic history but also showcasing the potential of Onchain technology to bring brands closer to their fans. By bringing these NFTs to the community, we aim to create a memorable and unforgettable experience for people all over the world”.

The 2024 Olympics

As part of the initiatives of the Olympic Agenda 2020+5, the CIO (Comité International Olympique) which officially organizes the Olympics has developed a global licensing program aimed at strengthening and promoting the Olympic brand.

The main licensing programs of the CIO include The Olympic Collection, which aims to engage a young audience with unique branded products, including clothing, toys and games, bags, stationery items, and sports equipment.

In this way on the Olympic Shop official website (shop.olympics.com) all the official merchandise is on sale, with collectible items and souvenirs that belong to all the Olympic merchandising programs.

In addition to the Olympic Collection, there is also the Olympic Heritage Collection, which celebrates the art and design of past Olympic Games, and the Olympic and Paralympic Games collections that celebrate each upcoming edition of the Games, such as Paris 2024, Milano Cortina 2026, and LA28.

nWay

nWay is a subsidiary of Animoca Brands.

In turn, Animoca Brands is one of the leading publishers and developers of multiplatform games.

The American company has a proven track record in providing AAA games on mobile devices and consoles, such as Wreck League, Power Rangers: Battle for the Grid, Power Rangers: Legacy Wars, Olympic Games Jam: Beijing 2022, and ChronoBlade.

nWay is formed by a group of developers and executives with decades of experience in the video game industry.

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