WAX co-founder William Quigley told Cointelegraph that despite the bear market, NFT technology remains promising.
Pop culture collectible manufacturer Funko has collaborated with Disney to launch nonfungible token (NFT) trading card packs, transforming its Pop! figurines into digital trading cards on the WAX blockchain.
Funko Pop! collectibles are physical figures known for their compact size and bobbleheads. Many of these are sought after by collectors, with some figurines selling for up to $100,000 on the secondary market.
The collectibles portray popular characters from franchises such as Marvel, Star Wars, DC Comics and others. The toy manufacturer also releases iconic figures from pop culture, often wearing different attires and striking unique poses.