{"id":422756,"date":"2023-07-25T14:26:17","date_gmt":"2023-07-25T14:26:17","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=422756"},"modified":"2023-07-25T16:50:25","modified_gmt":"2023-07-25T16:50:25","slug":"stan-lee-digital-collectibles-sell-out-instantly-sign-of-nft-craze-returning","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/stan-lee-digital-collectibles-sell-out-instantly-sign-of-nft-craze-returning","title":{"rendered":"Stan Lee Digital Collectibles Sell Out Instantly. Sign of NFT Craze Returning?"},"content":{"rendered":"<p>All 8,000 Stan Lee digital collectibles that Kartoon Studios released along with Digital Leader Veve were sold off instantly after being launched last week.<\/p>\n<p>With $120k in revenue from the sale, speculation arises about the NFT market&rsquo;s potential road to recovery.<\/p>\n<p>The digital collectibles were launched alongside a new exhibit honoring Stan Lee&rsquo;s century-long influence on media and the comic book sector.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A new exhibit dedicated to Stan debuts today at the <a href=\"https:\/\/twitter.com\/ComicConMuseum?ref_src=twsrc%5Etfw\">@ComicConMuseum<\/a>, just in time for <a href=\"https:\/\/twitter.com\/hashtag\/SDCC?src=hash&amp;ref_src=twsrc%5Etfw\">#SDCC<\/a>! Here&rsquo;s a peek at some of the rare comics &amp; art on display, in addition to areas celebrating the work of Jack Kirby, Steve Ditko &amp; more. &#128064;<\/p>\n<p>Get tickets: <a href=\"https:\/\/t.co\/uHDVg1QFEa\">https:\/\/t.co\/uHDVg1QFEa<\/a><a href=\"https:\/\/twitter.com\/hashtag\/StanLee?src=hash&amp;ref_src=twsrc%5Etfw\">#StanLee<\/a> <a href=\"https:\/\/t.co\/Si0UrtsF1m\">pic.twitter.com\/Si0UrtsF1m<\/a><\/p>\n<p>&mdash; Stan Lee (@TheRealStanLee) <a href=\"https:\/\/twitter.com\/TheRealStanLee\/status\/1681356655102148610?ref_src=twsrc%5Etfw\">July 18, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Celebrating Stan Lee &ndash; Probably Biggest NFT News of The Year<\/strong><\/h2>\n<p>Stan Lee&rsquo;s talent for crafting larger-than-life characters has given rise to some of the most iconic comic book characters in history.<\/p>\n<p>As Marvel comic movies continue to generate multi-billion dollar revenues, Stan Lee&rsquo;s legacy also lives on through his memorable cameos in these films, becoming a cherished part of digital media history.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-422768\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee-NFT-Collections.png\" alt=\"Stan Lee NFT Collections\" width=\"1458\" height=\"1599\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee-NFT-Collections.png 1458w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee-NFT-Collections-274x300.png 274w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee-NFT-Collections-934x1024.png 934w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee-NFT-Collections-768x842.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee-NFT-Collections-1401x1536.png 1401w\" sizes=\"(max-width: 1458px) 100vw, 1458px\"><\/p>\n<p>A collection of 8294 NFTs featuring King of Cameos, Nuff Said!, Excelsior, and The Amazing Stan Lee was listed at $15 each. The Veve brand sales will have a 2.5% secondary market fee, as stated on the official website.<\/p>\n<p>&ldquo;We are thrilled with the results of this first venture in digital collectibles&rdquo;, said Lloyd Mintz, SVP of Global Consumer Products, Kartoon Studios.<\/p>\n<p>&ldquo;The fact that it was nearly instantaneous is a very strong indicator of the extraordinary passion that fans have for Stan Lee.&rdquo;<\/p>\n<p>VeVe Digital Collectibles&rsquo; CEO, David Yu, emphasized the significance of the sale as a turning point in the digital collectibles industry. He praised Stan Lee&rsquo;s legacy of innovation and his commitment to engaging fans worldwide with his stories.<\/p>\n<p>VeVe.me has introduced a new digital collection inspired by Stan Lee&rsquo;s universe, which unifies his unique characters, stories, and world-building, blending humor and conflicts between diverse personalities.<\/p>\n<p>Stan Lee&rsquo;s post-Marvel career includes a portfolio of nearly 150 unmined ideas and character creations, which the universe will use to generate new content.<\/p>\n<h2><strong>NFT Sales Declining Since Last Year<\/strong><\/h2>\n<p>The NFT market has witnessed a significant decline since January 2023, as reported by <a href=\"https:\/\/nonfungible.com\/market-tracker\">non-fungible.com<\/a>. After generating $15 million in sales that month, the market has been on a steep downward trend.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-422789\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/NFT-Sales-and-Value-Data.png\" alt=\"NFT Sales and Value Data\" width=\"1160\" height=\"946\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/NFT-Sales-and-Value-Data.png 1160w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/NFT-Sales-and-Value-Data-300x245.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/NFT-Sales-and-Value-Data-1024x835.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/NFT-Sales-and-Value-Data-768x626.png 768w\" sizes=\"(max-width: 1160px) 100vw, 1160px\"><\/p>\n<p>In the past month, NFT sales have dropped significantly from over $9 million daily to less than $4 million. <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-nft\/bored-ape-yacht-club\">Bored Ape Yacht Club<\/a> remains the top-ranking NFT with a 7-day trading volume of over $8 million, followed by CryptoPunks and Azuki, with weekly trading volumes close to $5 million and $3.8 million, respectively.<\/p>\n<p>Amidst the NFT sales decline, a recent graph indicates a shift from decline to consolidation since April. This trend raises the question of whether NFTs are poised for a comeback.<\/p>\n<h3><strong>NFTs are Less Likely To Make a Comeback This Year<\/strong><\/h3>\n<p>NFTs have been a polarizing subject for both crypto skeptics and digital artists. The allure they gained as vanity assets during the 2021 bull run diminished during the crypto winter, leading to a 99% market decline within two months.<\/p>\n<p>Despite the lack of significant interest in NFTs this year, the success of the Stan Lee NFT raises questions about its popularity and appeal.<\/p>\n<p>Stan Lee&rsquo;s NFT collection owes its remarkable success to the unmatched brand power of Stan Lee and Marvel. With a massive global fanbase, including avid collectors, the NFTs gained quick traction and popularity.<\/p>\n<p>The recent success of older NFTs may be challenging for more recent ones to replicate, given the declining sales and Bitcoin&rsquo;s pullback from $30k resistance affecting the blockchain industry. The upcoming halving could potentially trigger another bull run and help the blockchain economy rebound, providing an opportunity for Non-Fungible Tokens to flourish once more.<\/p>\n<h3><strong>Related<\/strong><\/h3>\n<ol>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-nft\">Best NFTs to Buy<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-nft\/top-nft-projects\">Best NFT Projects to Follow<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/second-rarest-bored-ape-nft-sells-for-fraction-of-potential-price\">Second Rarest Boired Ape NFT Sells For Fraction of Potential Price<\/a><\/li>\n<\/ol>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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With <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1868,"featured_media":422813,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-422756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stan Lee Digital Collectibles Sell Out Instantly. 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Sign of NFT Craze Returning?","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/422756#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/422756#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee.png","datePublished":"2023-07-25T14:26:17+00:00","dateModified":"2023-07-25T16:50:25+00:00","description":"All 8,000 Stan Lee digital collectibles that Kartoon Studios released along with Digital Leader Veve were sold off instantly after being launched last","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/422756"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/422756#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/07\/Stan-Lee.png","width":1353,"height":980},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/6a85ebbaffc114bacdc81388836ae0c7","name":"Prateek Arora","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/01\/avatar_user_1868_1642445723-96x96.jpg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/01\/avatar_user_1868_1642445723-96x96.jpg","caption":"Prateek Arora"},"description":"Prateek is an experienced writer in the crypto niche with several bylines in reputed websites as well as here at InsideBitcoins. Prateek enjoys breaking down complex topics related to Fintech, the stock market, cryptocurrency, decentralized finance and accountancy so they could be read by a wider audience. His latest crypto news coverage has a focus on how to survive the bear market. An avid traveler, and reader, Prateek likes building assets that could generate passive income. 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