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The vivid figures from Nouns, an Ethereum NFT-based initiative that creates open-source IP, have already appeared in both the real world and the virtual world, including a Super Bowl commercial and the traditional Rose Parade. They are now en route to bookstores and comic book retailers.
With a six-issue run of “Nouns: Nountown,” Titan Comics, which specializes in licensed comic books related to IP like “The Simpsons” and “Blade Runner,” will introduce Nouns to actual comic books beginning in April. It was penned by Titan Senior Editor David Leach and illustrated by Danny Schlitz with a Penguin Random House-scheduled graphic novel to follow.
The DAO, or decentralized autonomous organization, is a kind of tokenized online group made up of Nouns NFT holders. The DAO has a significant treasury to fund IP development and other projects, just like many other Nouns-related organizations. Currently, Nouns DAO is in charge of managing ETH valued roughly $46 million.
The comic project in question was submitted by industry veteran Adam Fortier through his Comics DAO organization, in conjunction with the Nouns-centric collective SharkDAO, and was approved by an unanimous vote in August for a total of $210,000 in ETH. It is one of the most recent initiatives to spread the Nouns IP via a mass-market channel.
Although many readers may not be aware of the NFTs’ support, co-founder of pseudonymous Nouns 4156 said that”it was the NFTs that generated the on-chain incentives to have this item developed.” However, the end user is never required to be aware of that.
Nouns DAO is not just using this as a licensing play. First of all, because Nouns is itself covered by a Creative Commons 0 (CC0) license, anyone can use and profit from all of its materials. Nouns comic books might theoretically be created by anyone, but Titan Comics has developed relationships with merchants for distribution.
Additionally, “Nouns: Nountown” will be made available with Ethereum NFTs that grant access to digital issues and also serve as ownership tokens for copies of the printed comics, with the possibility of obtaining several limited-edition variations.
The initiative offers two alternative NFT rarity levels: the mosaic NFT, which costs 0.069 ETH (about $115), and the generative NFT, which costs 0.3 ETH (almost $500), with the latter comic covers displaying a randomly selected assortment of Nouns from the collection.
Each time, Titan Comics will take the first 420 comics off the press (and record the action for verification) and hold them in a safe deposit box for 4K, a startup that specializes in NFTs backed by tangible objects. Additionally, there will be a limited number of issues available for each NFT presale, and the owner of each issue can ask the artist to depict any Nouns characters they like.
Unknown experiment
With its daily auction of a different vibrant pixel character, Nouns stands out in the NFT market. Each wears a variation of the well-known Nouns spectacles (or “Noggles”) from the brand, but otherwise exhibits a variety of humorous characteristics, such as heads inspired by a pineapple, skateboard, igloo, flamingo, and many other objects.
What exactly is the Nouns comic book about given that jumble of avatars?
The official summary for the film describes it as
a truly touching coming-of-age movie about a small-town thimble salesman caught up in a politically charged espionage caper involving a stolen atom weapon, an autographed picture of the Pope, and a man with a fox head.
In other terms, it is chaotic and nonsensical. According to Fortier, there are some mature aspects in the mix, such as a villain who is chopping up Nouns to make a substitute for Beyond Meat. He called the tone “so over-the-top” and “so ‘Looney Tunes’,” and described it as “unrestrained anarchy with good intent.”
He made a joke about how the first issue had been described as “exhausting,” comparing the task of highlighting so many Nouns characters to herding cats.
When a comic book is created based on previously published NFTs in an open-source IP, the creative team is also working with characters that other people may possess the original NFTs of and feel a connection to. According to Fortier, their interpretation of these characters has already prompted some “angry responses” from Nouns proprietors.
He recalled that:
We essentially locked the author and the artist in a room and told them not to use Twitter. Don’t talk to them. It can hurt the creative process if people start pushing for their character to appear or act in a certain manner.
It’s a fascinating experiment and CC0 model test case. Additionally, the comics are based on open-source characters, and the team will make the art files available to the public so that authors may create any derivative works they see fit.
In other words, it is entirely open-source but has been packaged to appeal to a wide audience. Fortier believes it gives a chance to captivate audiences with a story—and then possibly lead them to the crypto aspects that enabled the adventure come to life.
Regarding the difficulties of integrating the masses, he said that when you mention the words “Web3” or “crypto,” people frequently have their eyes glaze over. “And you have a sense of fear or a sense of perplexity. It’s like sneaking people in through the back door just by telling a funny story.”
Top-Notch Games are available on the affordable platform Meta Masters Guild
Another project worth mentioning is the new play-to-earn game platform Meta Masters Guild (MMG), which is currently having a presale.
In comparison to console game publishers, MMG has created a framework specifically for mobile P2E games that offers lower production expenses.
Using $MEMAG tokens, users will interact with the platform, collecting incentives as they do so. The tokens can also be traded in the open market or staked for return.
The team believes that the project’s target of raising $4.97 million will be sufficient to achieve its goals and follow its plan.
The success of Axie Infinity’s AXS token, which witnessed a 1,000x increase in value and offered billions of dollars in revenue opportunities, serves as evidence of the P2E market’s enormous potential.
Potential investors will find $MEMAG to be a highly attractive investment due to the expanding gaming market and the advanced state of development for Meta Kart.
Meta Masters Guild Presale
It has successfully raised more than $2.7 million during its presale, marking a significant milestone. The money will be utilized to advance the creation of Meta Kart Racers, the company’s future game.
📣 #MEMAGFAM, over $2.5M has been raised! 📣
❤️🔥 The support has been UNREAL 🤯 Thank you! 🫡
💪 if you haven't already, secure your place in the metaverse and be a part of the #MEMAGFAM. ⚔️
Buy $MEMAG now! ⬇️https://t.co/SBqVjX5mWn#presale #p2e #metaverse #tokens pic.twitter.com/elhddxp3Wd
— Meta Masters Guild Games (MEMAGX) (@MEMAGgames) February 2, 2023
The initiative has reached stage 4 and is now bringing in investments at a rate of more than $500k per week. Token prices will jump from $0.016 to $0.019 USDT in the fifth stage of the $MEMAG presale, an 18.75% increase. Seven stages make up the presale, with stage seven’s price hitting $0.023 USDT, a 43.75% increase from stage four.
Within the following five days, the Stage 4 phase will come to a close. However, given the user’s growing traction, it might end sooner, perhaps within a few days.
Potential investors must move soon in order to benefit from the alluring pre-listing buffer given how swiftly fundraising is picking up steam.
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