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Collectibles


Dibbs' comic book,

Dibbs' Comic Book "The Wild, Wild Web" Nominated as Finalist for Content Marketing Awards

We are thrilled to announce that Dibbs' comic book, The Wild, Wild Web, has been selected as a finalist in the prestigious Content Marketing Awards, specifically in the Visual Storytelling category for Best Use of Illustration. This recognition is a testament to the exceptional creativity and talent displayed by Alex de Campi, Bradley Tusk, and the Dibbs’ team behind this remarkable work.

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A painting and a real-world object side-to-side with three coins in the middle. The coins are inscribed with the word “NFT.”

Redeem NFTs: What It Means and Why Should Brands Leverage Redeemable NFTs?

The interest in NFT utility is growing beyond just profile pictures (PFPs). We found that 73% of NFT trading volume is made up of NFTs that have two or more utilities. And the top three utilities for NFTs include redeeming them for a physical object, accessing events, and receiving exclusive merchandise. 

Besides, 84% of NFT adopters said that they’d purchase an NFT if they were redeemable for physical items. That means brands can use redeemable NFTs to create new revenue streams, enhance customer engagement, and pave the way for innovative business models. But what exactly does “redeem NFT” mean? And how can redeemable NFTs benefit brands?

3D rendering of a fanned out series of rectangular plates, representing physical NFTs

What are the Use Cases of Physical NFTs?

In 2022, digital collectibles and in-game items dominated the non-fungible tokens (NFTs) market, generating over $24.7 billion in trading volume. But critics have pointed out that these non-fungible tokens lack real-world utility.

At the same time, another kind of non-fungible token called physical NFTs started gaining momentum in the NFT space. Unlike digital art collectibles, physical NFTs have better real-life use cases.

This article will explore some of the real-world uses of physical NFTs. Before diving in, we will briefly explain what physical NFTs mean and how they work.