an investment business with over $82 billion in assets under management, announced its foray into the metaverse by releasing 1,000 non-fungible tokens (NFTs).
The VanEck Community NFT, which is based on the Ethereum network, includes an illustration of Alexander Hamilton, dubbed “Hammy,” as he travels across time and space in search of answers to questions about past, present, and future fiscal policy.
Through the collection, the New York-based investment management firm hopes it will be able to demonstrate the real-world utility of digital assets as well as provide a venue for investors to learn more about digital assets. The following is a quote from the announcement’s press release:
“Our character ‘Hammy’ will be an outstanding guide for anyone interested in seeing the past, present and future of finance unfold.”
The drop will be divided into three categories: commons (750), uncommon (230), and legendary (500). (20). Based on these three levels, each NFT owner will be entitled to various unique benefits. The programme is designed to be a digital membership card that grants special access to a range of events and educates users about bitcoin assets, according to Matt Bartlett, co-founder of VanEck Community NFT.
VanEck has several cryptocurrencies on the market. The asset management made headlines last year when the Securities and Exchange Commission (SEC) denied its proposal to construct the first Bitcoin (BTC) spot ETF. However, in November, it introduced the first Bitcoin futures exchange-traded fund in the United States, the Bitcoin Strategy ETF (XBFT).