Coinfeeds Daily → The Simpsons Cash In on NFT Craze with Gold-Plated Collectibles

The Simpsons Cash In on NFT Craze with Gold-Plated Collectibles

Published: Nov 07, 2023 | Last Updated: Mar 17, 2024
Howard Kane
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Popular TV show releases NFTs featuring Bart and Homer, generating over $1.1 million in revenue

The popular animated TV show, "The Simpsons", recently made headlines by both cashing in on and mocking the Non-Fungible Tokens (NFTs) craze. The show released two NFTs featuring characters Bart and Homer, which were sold out for $60 each. These NFTs were part of the Disney+ Gold Moments collection and came with a 3-month subscription to Disney's streaming service, Disney+.

The Simpsons' NFTs and the VeVe Marketplace

The NFTs offered by "The Simpsons" had a distinctive gold-plated appearance. These digital collectibles can be traded on the VeVe marketplace for gems, a form of digital currency. The cheapest ones are currently priced at 118 and 143 gems. The release of these NFTs generated over $1.1 million in revenue.

VeVe, the digital collectibles marketplace, has a history of offering digital collectibles from renowned brands like DC Comics and Warner Bros. Recently, VeVe shifted to the Ethereum layer-2 scaling network, Immutable X, which is known for its efficiency and lower transaction costs.

"The Simpsons" Episode Mocks NFTs

In a recent episode, "The Simpsons" took a satirical jab at the NFT craze. The episode depicted Marge, one of the show's main characters, having to destroy countless NFTs to save her son Bart from "the blockchain". This storyline suggests a critique of the NFT trend, despite the show's own involvement in it.

Takeaways

While "The Simpsons" capitalized on the NFT trend by releasing their own digital collectibles, they also used their platform to comment on the phenomenon. The episode's storyline suggests that the show's creators may view the NFT craze as a passing fad. This dual approach highlights the complexity and controversy surrounding NFTs, even as they become increasingly mainstream.

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