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Macy’s Releases 10 Thanksgiving Parade Themed Auction NFTs: This Is What We Know

Macy’s, an American retailer, has listed 10 series of non-fungible tokens (NFTs) based on Thanksgiving themes. The store is famous for its annual Thanksgiving parade and is now bringing it to the world of cryptocurrencies. NFTs are virtual collections associated with real objects such as games, artwork, music, etc. Ownership is locked and transferred on the blockchain. Each NFT is inspired by Macy’s parade balloons, which debuted a few years ago. With this NFT collection, retail chains are celebrating the 95th anniversary of the famous Thanksgiving parade. Bids for these NFTs will end on November 30th.

The balloon showing Macy’s black and white toy soldiers in 1920, elves in 2000, and astronauts in the 1950s is one of the NFTs released for auction. The proceeds of the auction will be donated to the Make-A-Wish Foundation.

Current bids for this NFT collection range from $ 8,000 to $ 29,000, according to the information displayed on the NFT Marketplace Sweet.

These NFT images are posted on Twitter.

Being bullish on NFT wagons, retail chains have also created a parade-themed piece of 9,500 as a first-come-first-served giveaway.

In the third quarter of 2021, NFT sales surged to $ 10.7 billion, more than eight times the previous quarter, according to data from market tracker Dapp Radar.

Given the popularity of space, several brands like Macy’s have released NFTs to connect with a new era of crypto-powered population.

At the beginning of March, Taco Bell became the first fast food brand to release the NFT collection. The company exhibited five versions of “NF Taco Bells” and sold five copies each within 30 minutes on the trading platform Rarible.

In September, Burger King of Hamburger Mammoth partnered with the NFT platform Sweet to allow customers to scan QR codes to collect NFTs.

Recently, fast food chain McDonald’s has also released a limited edition of 10 McDonald’s NFTs in the United States to do something big on McDonald’s Burger’s 40th anniversary.


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https://gadgets.ndtv.com/cryptocurrency/news/macys-thanksgiving-day-parade-nfts-auction-2624125#rss-gadgets-all Macy’s Releases 10 Thanksgiving Parade Themed Auction NFTs: This Is What We Know

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