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Funko Announces Upcoming NFT Funko POP Tokens
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Funko is getting into the NFT game with Funko POP! tokens. The company announced that it had acquired a majority stake in TokenWave. That app allows users to purchase Non-Fungible Tokens and sell them. So, Funko will be giving customers the chance to buy rare POPs with NFTs included. The first run of tokens hits the market in June for $10. Every week from then, there will be a new token released. As opposed to some of the recent NFT fervor, you can actually use the tokens to redeem for rare figures in the real world. However, this will probably have some unforeseen effects on the resale market. NFTs themselves have become a source of obsession on social media and the Internet at large. For those of you keeping track at home, we’re at the second big economic rush of this year after the GameStop stock hysteria. ....

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