The International Olympic Committee (IOC) has partnered with nWay, a subsidiary of Animoca Brands, to launch NFT Olympic Pins—a groundbreaking digital collectibles initiative. This marks the first official foray of the Olympics into the non-fungible token (NFT) space, blending tradition with cutting-edge blockchain technology.
NFT Olympic Pins: A Modern Twist on a Classic Tradition
Launch Details:
- First Collection Available: 17 June on nWayPlay.com
- Inaugural Set: Part of the Olympic Heritage Collection, celebrating 125 years of Olympic art, design, and memorabilia.
- Cross-Platform Experience: Includes a competitive multiplayer video game (launching ahead of the 2022 Beijing Winter Olympics).
Key Features of NFT Olympic Pins:
- Authenticity & Scarcity: Each pin is a verifiable digital collectible with unique properties.
Three Acquisition Methods:
- Purchase assorted packs on nWayPlay.com.
- Trade pins peer-to-peer via the nWayPlay Marketplace.
- Earn pins by playing the upcoming Olympic-themed video game.
👉 Discover the NFT Olympic Pins Collection
Why This Matters
Timo Lumme, IOC Managing Director, emphasized the evolution of Olympic pin trading:
"This initiative aligns with Olympic Agenda 2020+5, embracing digital innovation to connect fans globally while preserving Olympic heritage."
nWay CEO Taehoon Kim added:
"We’ve crafted premium NFTs using high-quality 3D models and animations, merging gaming excellence with collectible artistry."
Expanding the Olympic Digital Ecosystem
- nWayPlay Marketplace: A decentralized platform for trading licensed NFTs.
- Play-to-Earn Gaming: The upcoming title will integrate NFT rewards, fostering engagement.
About the Partners
- nWay: Known for competitive multiplayer games like POWER RANGERS: Battle for the Grid.
- IOC: Distributes 90% of its income to global sports development (~$3.4M daily).
FAQs
1. What are NFT Olympic Pins?
Digital collectibles replicating physical Olympic pins, secured via blockchain for authenticity.
2. How can I buy them?
Available through nWayPlay.com in packs or via peer-to-peer marketplace trades.
3. Can I earn them for free?
Yes! Play the upcoming Olympic game to unlock pins as rewards.
4. What’s the Olympic Heritage Collection?
A curated set celebrating historic Games’ art, including posters, mascots, and emblems.
Conclusion
This collaboration bridges Olympic history with the future of digital ownership, offering fans a novel way to engage with the Games. Stay tuned for the 17 June launch and the game’s release later this year!
Keywords: NFT Olympic Pins, IOC, nWayPlay, digital collectibles, blockchain, Olympic Heritage Collection, play-to-earn
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