Recur is the latest NFT-centered firm with big-name partnerships to announce its platform is shutting down.
The non-fungible token (NFT) startup Recur announced on Friday (Aug. 18) that its Web3 platform is winding down—unable to weather the chills of crypto winter despite hosting the IP of several big brands such as Paramount's Nickelodeon and Star Trek and Sanrio's Hello Kitty.
Over the next several months, Recur’s platform will steadily lose its core features, the firm said in a blog post. That includes the ability for users to withdraw NFTs from Recur, cash out stablecoin balances, and trade collectibles on Recur-hosted marketplaces.
“This decision has not been an easy one,” the company said on Twitter, citing “unforeseen challenges and shifts in the business landscape.”
Recur’s announcement captures recent headwinds in the NFT space as companies navigate a downturn in the popularity of digital collectibles. Last July, Recur embarked on a “jet-setting NFT experience” with Hello Kitty and Friends, only for its ambitions to be grounded a little more than a year later.
That same July, Recur noted there was “unprecedented demand” for its TV Packs that contained profile-picture (PFP) NFTs of Nickelodeon characters like Tommy Pickles from Rugrats and Arnold Shortman from Hey Arnold!. These were followed up by Teenage Mutant Ninja Turtles NFTs. Nickelodeon NFTs were sold through Nickelodeon.xyz, a sister site of Paramount.xyz. Pack openings will be disabled in November, Recur said on Friday.
Founded in 2021, Recur billed itself as a company that offers other businesses Web3 “building blocks.” Its platform could be used for creating in-game assets, loyalty programs, and digital collectibles that leverage NFTs, according to its website.
Recur’s move comes not long after Nifty’s, a social network turned Web3 creators portal, also said it was shutting down. Nifty’s had secured big-name media titles as partners too, such as The Matrix and Game of Thrones.
With over 380,000 NFTs minted through Recur, the firm said it has changes in store to ensure that various digital collectibles will live on.
Recur said metadata and media for its NFTs will be migrated to the InterPlanetary File System (IPFS), a peer-to-peer file-sharing network built by Protocol Labs. Other assets will be hosted on Filecoin’s network, Recur added.
In December 2021, Recur offered a Recur Pass during a limited, 24-hour sales window. Sold as an NFT for $300, the pass could be resold and offered holders early access to future NFT drops among other benefits.
Last February, a Recur Pass sold for $88,888, Recur said in a statement on Twitter. Today, the cheapest Recur Pass listed on OpenSea currently asks for 0.001 ETH (about $1.69).
In late 2021, Recur said it was valued at $333 million after it announced a $50 million Series A funding round. The round was led by Digital, an investment fund backed by the family office of New York Mets majority owner and billionaire hedge fund manager Steve Cohen.
Other notable names had participated in a $5 million seed funding round earlier that year, such as investor and NFT creator Gary Vaynerchuk, Gemini’s Tyler and Cameron Winklevoss, and Ethereum co-founder and ConsenSys founder Joe Lubin.
In addition to Recur, Funko has also released a range of Nickelodeon NFTs.
Stream a Mountain of Entertainment, including your Nickelodeon favorites on Paramount+! Try it FREE at ParamountPlus.com!
Funko and Paramount are partnering once again to launch a new Digital Pop! line based on Nickelodeon’s beloved cartoon programming. Releasing on February 14, Nickelodeon Cartoons x Funko Digital Pop! Series 2 features characters from some of the network’s most memorable animated series including Rugrats, Invader Zim, CatDog and Rocko’s Modern Life.
Funko Digital Pop! incorporate non-fungible tokens into animated digital trading cards based on Funko’s stylized figures, which fans can collect and trade via the Droppp.io platform. The cards are available in both standard and premium collectible packs. Standard packs (5 Digital Pops!) retail for $9.99 USD and premium packs (15 Digital Pops!) for $29.99 USD. Each of these offerings is limited to 21,250 packs.
With every pack purchased, fans have a chance to reveal a rare Funko Digital Pop! Collectible. These rare Digital Pop! can be redeemed for one of six corresponding limited-edition physical collectibles. Redeemable Digital Pop! in Nickelodeon Cartoons Series 2 include Tommy, Chuckie, Phil, Susie and Cynthia (Rugrats), Professor Membrane (Invader Zim), Rocko, Spunky and Ed Bighead & Bev Bighead (Rocko’s Modern Life), Winslow (CatDog), Norbert and Daggett (The Angry Beavers), and Freddy Funko as Reptar (Rugrats).
Funko Digital Pop! are available to purchase through the Droppp.io platform via credit card, Apple Pay or Google Pay. For more information, visit digital.funko.com.
For the latest information on Funko Digital Pop! drops, follow @OriginalFunko on Twitter, Facebook and Instagram. #FunkoDigitalPop
Stream a Mountain of Entertainment, including your Nickelodeon favourites on Paramount+! Try it FREE at ParamountPlus.com!
Pinkfong's IP will debut as a blockchain-based game on Toekenz's upcoming NFT platform, joining brands from Boat Rocker and Mattel.
South Korea’s Pinkfong Company has inked a licensing agreement that will see its flagship Baby Shark IP featured on Toekenz Collectibles’ upcoming platform that gamifies NFTs.
Toekenz will develop and introduce a blockchain Baby Shark game for kids ages five to nine, and the brand’s characters will also be available as digital collectibles that kids can customize and share with other players.
Targeting kids under age 12 and their families, the Toekenz platform is designed to turn collecting, buying and selling NFTs into a game for kids. It’s set to launch in Q1 2023 through the App Store and Google Play, and will feature blockchain-based games that kids can play to earn licensed digital tokens. The platform will also offer educational resources about new tech like web3, blockchain and cryptocurrencies.
Baby Shark is just the latest major kids brand to get on board with Toekenz, which recently partnered with Canada’s Boat Rocker Media to create NFTs based on its series The Next Step and Daniel Spellbound. And in an even bigger get, Toekenz also signed a deal with Mattel in October for a handful of its franchise brands.
Since the launch of its signature song in 2016, Baby Shark has generated more than 11 billion views on YouTube and expanded into consumer products, animated series and films. This is the brand’s second foray into NFTs. Last year, Pinkfong partnered with digital art marketplace MakersPlace for a range of tokens featuring animated illustrations of Baby Shark and his family, as well as the Baby Shark song.
Stream a Mountain of Entertainment, including your Nickelodeon favourites on Paramount+! Try it FREE at ParamountPlus.com!
Follow the Smurfs on their next big adventure to make the world bluer! thesmurfssociety.com
The Smurfs Take On Web3
The Smurfs are leveraging NFTs to create a community that takes meaningful action for the planet.
The next big adventure for our blue friends is taking them where no Smurf has gone before… the blockchain! The Smurfs’ Society is the official Smurfs NFT project, combining the innovation of blockchain technology with the Smurfs’ values of community and sustainability to create NFTs for Good. We’re uniting existing NFT communities with the global Smurf network and leveraging resources to deliver concrete sustainable actions.
With a focus on community engagement, The Smurfs’ Society is part NFT collection, part game, and all Smurf. Immerse yourself in an epic adventure as you help the community solve a series of cryptic quests to mint your very own Smurf NFT.
Gargamel is at it again, in his never ending pursuit to capture the Smurfs, he has stolen their magic and turned them to stone! But all hope is not lost. With technology on their side, the Smurfs’ Society, lead by the new smurfy hero Hacker Smurf, is ready to defeat Gargamel at his own game, liberate the Smurfs, and promote the Smurfs’ values to make the web (and the world) a better place.
The pet shop plans to adopt a record 10,000 Turtles to homes across the globe.
Here’s what you can expect from this shell-binding a-drop-tion:
Starting December 12th, 10,000 Turtles — as digital collectibles — will be available on info.tmnt.xyz. The adoption fee will be $100 per Turtle.
These Turtles (algorithmically-generated collectibles) exhibit four distinct Turtle personalities. Sources tell me this could lead to unexpected twists and a new, interactive journey for Turtle fans everywhere.
I’ve received word that certain RECUR Pass and Nickelodeon holders will receive an allowlist code to jump the adoption line.
Holders of Nickelodeon Season 1 and Season 2 Mashups will receive a free pack for the first TMNT: Origins drop.
While this event seems to be bringing out the best in the city, it’s hard to ignore the backdrop of rising crime.
But as crime looms large, one thing’s for sure; these Turtles seem destined for something much bigger.
This mega-adoption event is a developing story.
Stay tuned for more updates. Breaking news is always just around the corner!
Join us in the Turtle Lair on Discord and Twitter for up-to-the-minute info.
###
Press release, vis Business Wire:
RECUR and Paramount Introduce Teenage Mutant Ninja Turtles as the Latest Collection of Nostalgia-filled Digital Collectibles
MIAMI--RECUR, the premier platform for creating innovative, multi-chain NFT experiences, is launching another iconic Nickelodeon franchise into their Web3 experience with the upcoming introduction of Teenage Mutant Ninja Turtles digital collectibles in partnership with Paramount Consumer Products.
The Teenage Mutant Ninja Turtles Origins drop powered by RECUR begins December 12 for RECUR Pass Holders and December 13 for the public. The drop will feature 10,000 digital collectibles available for fans to purchase.
Each collectible will feature one of the Turtles and can be purchased for $100 at info.tmnt.xyz. This drop will begin a new, interactive way for fans to experience and engage with these beloved characters.
“This year has been full of nostalgic NFT launches for us and it wouldn’t be complete without Teenage Mutant Ninja Turtles. This property has spanned comic books, TV shows, movies, and so much more; I’m very excited that we’re bringing this incredible franchise and its culture into our Web3 experience,” said Zach Bruch, RECUR Founder and CEO. “Our community is very passionate about Teenage Mutant Ninja Turtles, and we can’t wait for fans to see what we’ve been working on.”
For more details on this drop, please visit info.tmnt.xyz and follow @Nickelodeon_NFT on Twitter.
About Paramount Consumer Products
Paramount Consumer Products oversees all licensing and merchandising for Paramount (Nasdaq: PARA, PARAA), a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount Consumer Products’ portfolio includes a diverse slate of brands and content from BET, CBS (including CBS Television Studios and CBS Television Distribution), Comedy Central, MTV, Nickelodeon, Paramount Pictures and Showtime. With properties spanning animation, live-action, preschool, youth and adult, Paramount Consumer Products is committed to creating the highest quality product for some of the world’s most beloved, iconic franchises. Additionally, Paramount Consumer Products oversees the online direct-to-consumer business for CBS and Showtime programming merchandise, as well as standalone branded ecommerce websites for Star Trek, SpongeBob, South Park, and MTV.
About RECUR
RECUR is the premier Web3 platform offering brands, creators, and enterprises of every size the power to create innovative, multi-chain NFT Web3 experiences with ease. Building the new Web3 standard, RECUR empowers creators and enterprises with the widest range of distribution and consumers and communities with the widest range of utility. RECUR's global, flexible, and intuitive payments system allows brands to expand their audience beyond core Web3 natives while protecting their brand with institutional-grade infrastructure for maximum security, stability, and regulatory compliance.
With RECUR, creators and enterprises are free to spend more time focusing on what matters: delivering novel stories, growing their community, and creating immersive user experiences—all from one flexible, enterprise-grade platform. All the while, RECUR handles the complexities of Web3.
Foreman’s Log: Aliens and Monsters and Mashups, Oh My!
Get ready for Nickelodeon Season 2.
October 21, 2022
Nickelodeon Splat Factory foreman here. As the factory manager, I’m happy to report that Season 1 is in the books and ‘90s nostalgia is back.
Nickelodeon’s inaugural drop brought us back to the Rugrats and Hey Arnold! from our past. We laughed. We slimed. We combined our favorite characters to create unique mashups. It was a huge success thanks to fans from 197 countries across the world!
The drop sold out almost immediately–claiming the number one spot on OpenSea with over $3.25M in secondary sales in under 24 hours. And when challenges went live, all slime was claimed in 90 minutes, with less than a quarter of mashups remaining.
Something BIG is happening at the #NickelodeonNFT Splat Factory 🏭
Mischief and mayhem are rampant, and this place has plunged into chaos 💥
That must mean, Invader Zim and Aaahh!!! Real Monsters have arrived!
Now, as the spookier months approach, I’ve begun preparing for Season 2 with more Nicktoons, more slime, and more opportunities to collect crazy rare mashups.
But before I could get the belts turning, some unexpected visitors arrived.
Certain prying eyes (in-hands) and other worldly invaders saw the power of The Splat Factory. Mischief and mayhem are rampant, and the factory has been plunged into chaos. What are these characters from Invader Zim and AAAHH!!! Real Monsters stirring up?
Here’s what I know…
Starting November 7th, 10,000 TV Packs will be available on Nickelodeon.xyz for $50 each. Early fans will be able to trade them for slime, which can then be collected and exchanged for one of 500 ultra-rare character mashups.
When I asked if they had any demands, Zim and The Gromble spoke up.
Zim decreed that RECUR Pass holders and Nickelodeon Season 1 NFT holders will have a greater chance of receiving a Season 2 allowlist code.
Not to be outdone, The Gromble said he plans to give all Season 1 OpenSea auction holders and Mashup holders a free Season 2 TV Pack.
That’s all I know for now. It’s probably best we play along until they finish what they’re doing.
Foreman’s Log: It’s Almost Slime… Season 2 TV Packs Are En Route
Nickelodeon Season 2 drop details are here!
The Splat Factory is quiet but the stench screams in my nostrils.
On the bright side, the trash left behind by Ickis, Oblina, and Krumm has clogged the conveyor belts and halted further production of new TV Packs. Even amidst the chaos, 10,500 packs made it through the line.
Unfortunately, as GIR was distracting me (there’s just something about that dang Doom Song), Zim was able to beam the completed TV Packs onto his ship and he flew off toward the Nickelodeon.xyz marketplace.
While assessing the damage, I found that GIR spilt a chocolate bubblegum slushie on the main console. And what did I find stuck to it? A note written in Zim’s native Irken that, when deciphered, outlined Zim’s plans for global domination. Here’s what it said:
Zim’s Evil Plan:
Phase 1 — Complete
Team up with monsters ✅
Surprise puny Foreman ✅
Take over The Splat Factory ✅
Phase 2 — Complete
Have GIR distract the Foreman ✅
Obtain TV Pack creations ✅
Escape like a squak in my shmoopsquizz ✅
Phase 3 — In Progress
Release TV Packs to pitiful humans ⬜️
How I’ll sell TV Packs to pitiful humans:
Total Packs: 10,500
Pass Holder & Allowlist Packs: 6,000
Public Packs: 4,000
Marketing & Community Packs: 500
Price per Pack: $50
11/1 at 12pm ET — Snapshots
An Allowlist Snapshot Protocol will execute on the Earth date and time stated above.
This snapshot documents specific humans so I can give them guaranteed access to a Season 2 TV Pack. These humans will automatically qualify for my minion program should they meet any of the following criteria:
Season 1 Mashup holders — (1 free TV Pack per Mashup)
Because you understand the power of a Mashup, I can trust you’ll make a loyal minion. For this, you’ll be rewarded with 1 FREE TV Pack for each hideous revealed Mashup in your possession. (No sealed packs allowed, humans.)
Season 1 auction holders — (1 free TV Pack per character)
Oh yes, I see you, HUMAN WHALES! Although I don’t understand the benefit of being both a human and a whale, I’m very pleased to see you living the mashup mentality. Plus, your drive to win something is unmatched in your species. You will receive 1 FREE TV PACK PER AUCTION CHARACTER HELD!
RECUR Pass Holder — (1 allowlist code per qualifying Pass)
Because I am vastly generous, new minion hires with a RECUR Pass will get one allowlist code for every eligible Pass they hold with specific evil traits as defined below.
Passes must meet at least one of the following evil qualifications:
Nickelodeon.xyz holders — (1 allowlist code per pair of eligible character and RECUR Pass)
I’ll also extend allowlist codes to Nickelodeon.xyz holders if they hold both:
Any RECUR Pass
A Nickelodeon Season 1 character with a Slime Score of 3 or greater OR with any VFX attribute
11/7 at 11am ET — RECUR Pass Holder & Nickelodeon.xyz holder (minion) allowlist sale
You minions who are eligible for the allowlist sale will receive your allowlist code(s) on 11/7 prior to the start of the sale. Each code can be used to purchase one TV Pack from 11/7 at 11am ET to 11/8 at 10:59am ET.
Any unsold TV Packs from the allowlist sale will become available in the RECUR Pass Holder advanced sale.
11/8 at 1pm ET — RECUR Pass Holder advanced window sale
All RECUR Pass Holders will get early access to purchase TV Packs. The sale will last for an hour, as long as the Pass Holder allocated packs are available.
Any remaining TV Packs at the end of the Pass Holder sale will roll into the public sale.
11/8 at 2pm ET — General public sale
11/9 — Assess invasion force
FINAL PHASES OF MY EVIL PLAN
Phase 4 — In Progress
Exchange for our newly created Slime ⬜️
Phase 5 — In Progress
Create mashups to take over the world ⬜️
Laugh maniacally with GIR for an extended time ⬜️
Let’s see how his plans pan out. In the meantime, I’ll be here cleaning and humming that Doom Song.
If you have drop questions or monster sightings to report, please direct them to my friends in Discord or on Twitter.
Hot off the heels of the Season 2 drop, all Zim could rant about was the power of his ultra-rare Mashups. It appears Zim is following the same formula as Season 1.
With his corrupted Slime in tow, I can’t help but feel like he’s close to completing his ultimate Plan.
Here’s what I know:
SLIME CHALLENGE
November 17 at 2pm ET / 11am PT
CHALLENGE DETAILS
Holders of Invader Zim and AAAHH!!! Real Monsters characters can exchange their characters to receive Slime collectibles equal to their character’s Slime Score.
The Slime Score is listed on your digital collectible as a unique trait ranging from 1, 2, 3, 4, 5, and 10 Slime.
Collect 10 Slime now, and later you can trade them in for an ultra-rare Invader Zim and AAAHH!!! Real Monsters Mashup TV Pack!
Slime collected from the Rugrats and Hey Arnold! season cannot be used to create an Invader Zim and AAAHH!!! Real Monsters mashup.
BE WARNED
Holders that trade (burn) their characters will forever remove them from the Nickelodeon.xyz ecosystem.
MASHUPS CHALLENGE
November 21 at 2pm ET / 11am PT
Now, I know these scary monsters and alien Mashups help Zim with his plan. But darn it if I don’t want one for myself. If I got a Mashup with GIR, I’d forever be reminded of that intoxicating Doom Song.
One can dream.
Have questions about Slime or the state of the Splat Factory? Join our Discord here.
###
Stream a Mountain of Entertainment, including your Nickelodeon favourites on Paramount+! Try it FREE at ParamountPlus.com!
Following the success of Nickelodeon's first batch of non-fungible tokens (NFTs), it looks like Nickelodeon will be bringing more iconic properties to the NFT marketplace in the near future.
Paramount has applied to trademark Teenage Mutant Ninja Turtles, AAAHH!!! Real Monsters, Invader ZIM, Angry Beavers, and Slime under NICE Classes 09 and 42, and CatDog under NICE Class 09.
NICE Class 09 is for scientific and electric apparatus and instruments, downloadable multimedia files containing artwork relating to the field of entertainment authenticated by non-fungible tokens (NFTs); downloadable virtual goods, namely, crypto-collectibles and non-fungible tokens (NFTs), whilst NICE Class 42 is for scientific, technological and industrial services, research and design: software as a service (SAAS), namely, software for transferring crypto-collectibles and application tokens; platform as a service (PAAS), namely, software for accessing crypto-collectibles and application tokens; providing online non-downloadable computer software for enabling the transfer of crypto-collectibles and non-fungible tokens (NFTs).
At the time of posting, each trademark application, filed earlier this month (Sept. 2022) is currently pending approval.
The news follows the success of Nickelodeon's first NFT drop earlier this summer in partnership with RECUR, which saw the release of NFTs based on two beloved Nickelodeon properties from the '90s: Rugrats and Hey Arnold!. Nickelodeon also applied to register the trademark for SpongeBob NFTs earlier this year, which is still pending approval.
Funko has announced that the company has partnered with Paramount Global to release a series of non-fungible tokens (NFTs) based on Nickelodeon's beloved Avatar: The Last Airbender franchise.
Titled Avatar Legends, the collection will feature fan-favorite Avatar: The Last Airbender and The Legend of Korra characters as Digital Pop!™
The latest Avatar Legends Digital Pop release from Funko will drop on August 9, 2022, via the NFT platform Droppp.
The upcoming Funko and Paramount Digital Pop NFTs will feature popular characters like Avatar Aang (including Spirit Aang and Fire Nation Aang), Appa, Toph, Prince Zuko, Princess Azula, Bolin (including Bolin as Nuktuk), Painted Lady, Varrick and Kuruk, and Freddy Funko in Aang Costume.
“Avatar Legends x Funko Series 1 Digital Pop! coming soon to Droppp,” Funko tweeted on Friday. The NFTs will feature Funko’s unique bobble-head, pop art style and the Avatar Legends’ standard pack of NFTs will be $9.99 per pack.
Premium packs will be $29.99 per unit and Funko says there will be a total of 625,000 NFTs in the Avatar Legends Digital Pop series. “Each pack of Digital Pop! gives you a chance to reveal one of the rare Funko Digital Pop! when opened, which can then be redeemed for a free, limited edition, physical vinyl collectible,” Funko’s Avatar Legends announcement details.
Avatar Legends is a franchise label centered on the universe first introduced by Nickelodeon’s Avatar: The Last Airbender and The Legend of Korra. This new label encompasses all existing and future animated series, movies, shorts, video games, books, consumer products, and events that span the entire Avatar universe. Since the launch of Avatar: The Last Airbender in 2005 and The Legend of Korra in 2012, its engaging characters have transported fans into a rich, immersive, and diverse epic where only one person in each lifetime, the Avatar, can master all four elements – water, earth, fire, and air – and must use this powerful ability to maintain balance in the world.
CALLING ALL THE ELEMENTS!
This enchanting collection features your favorite Avatar: The Last Airbender and The Legend of Korra characters as Digital Pop!™
Buy Standard or Premium packs during the primary sale. For information on how to buy packs on the secondary market, join us on Discord and our friendly moderators will help guide you.
2. LAND A REDEEMABLE DIGITAL POP!™
Collect any Digital Pop!™ of the Legendary or Grail rarities and become eligible to redeem for a rare, exclusive physical collectible that matches the Digital Pop!™.
SEE ALL PHYSICAL COLLECTIBLES
3. BECOME FUNKO ROYALTY
Want more? Upon completing your Royalty Collection (by collecting one of every Common, Uncommon, Rare and Epic Digital Pop!™), you become eligible to receive a limited edition physical collectible figure designed exclusively for this release.
Redemption Tokens will be issued to your account 120 days after release for any completed Royalty Collection sets or Legendary / Grail Digital Pop!™. Redeem for a physical collectible within 30 days of receiving your Redemption Token.
EXCLUSIVE PHYSICAL COLLECTIBLES
Limited edition Funko physical collectibles have been designed exclusively for the Avatar Legends x Funko Series 1 release. Land a redeemable Digital Pop!™ to claim its physical Pop! vinyl counterpart.
IMPORTANT DATES
Mark your calendars, these are the specific dates tied to this drop.
AUG 9, 2022 - DIGITAL POP! PACK DROP
Purchase packs only on Droppp! Collect a Legendary, Grail, or Royalty set to redeem for a physical collectible!
DEC 7, 2022 - REDEMPTION TOKEN DROP
Redemption tokens will be deposited into the wallet holding redeemable Digital Pop!™ and/or qualifying Royalty sets.
*Keep royalty sets in the same wallet.
JAN 6, 2023 - REDEMPTION WINDOW ENDS
Redeem your redemption tokens within 30 days of deposit at: droppp.io/redemptions
Q2 2023 - PHYSICAL COLLECTIBLE DELIVERY
Sit back and relax, your limited edition physical collectible figures will be on their way.
*Subject to change based on global shipping and port delays.
This is just the beginning though. Now that the first Nickelodeon NFT drop is done, the Splat Factory is ready to go full spin.
Are you ready for Slime, Mashups, and a teaser of what else is joining RECUR after the Rugrats and Hey Arnold! characters settle into their new collections?
Yeah, we thought so.
First up, it’s time to Slime. 🟢⏰
If you’ve been following along, then you already know that Nickelodeon NFTs come equipped with what’s called a Slime Score, this will be important to know if you’re looking to participate in Challenges.
Your Slime Score is the number of Slime you can collect if you trade in your character NFT. But keep in mind that Slime is permanent. If you do redeem a character for their Slime Score, they’ll be slimed and removed from the collection completely.
Your chance to exchange characters for Slime is starting July 26th and like everything else, Slime is non-fungible and limited in quantity. Don’t hesitate, Slime. Because if you’re too slow, a determined collector might beat you to what’s left and you don’t want to miss what comes next.
The Splat Factory is open for business! 🏭
Slime that players have collected can be used at the Splat Factory to cook up never before seen and super rare Nickelodeon Mashups! You’ll need to trade in ten Slime to collect a Mashup so get the slime buckets ready.
Have you ever wondered what would happen if Helga and Tommy or Harold and Angelica were mashed together? The results are undeniably exciting, for better or for worse. We promise when you see a few of these Mashups, you won’t be able to look away.
Just a quick reminder for you Football Heads out there, Slime is limited. It’s a rare element after all. And that means… *drum roll*, you guessed it! Character Mashups that Slime help fuel the creation of are even more rare to earn and collect!
So after checking your Slime Score and seeing what you’re holding, you might be surprised how much Slime you’re hoarding. On July 29th, get ready to turn that Slime into Mashups.
All that and details on a second drop?! 😬
Not yet, but it’s coming. Or is it? 😅
The Splat Factory nearly ran out of Slime helping bring this first drop to life. But if you help us refill it, you’ll earn some extraordinary odd creations to own, cherish, and trade forever.
And if you stay tuned in our Discord and on our Twitter, we promise to keep you posted on what’s coming out of the ’90s time capsule next.
Extra, extra! Special news incoming from RECUR! 📰
WAGMI baby! 🤗
Since you’ve been so patient with us and made it all the way to the bottom of our latest post, we thought we’d share another reason to care about what’s coming next…
What's Next: A Conversation With RECUR, The Team Behind Nickelodeon NFTs
RECUR is a company that designs & develops dedicated branded experiences that allow fans to buy, collect, and re-sell digital products and collectibles.
RECUR's investors include Gary Vaynerchuk, Jason Derulo, Joe Lubin, and New York Mets owner Steve Cohen.
RECUR's first NFT drop Rugrats and Hey Arnold! drop proved successful, selling out extremely quickly. It minted on Recur with $1M volume, and 890 ETH volume ($1.42M) Opensea, making it the #1 collection in volume in 24 hours on Opensea.
With other partnerships already secured with some of the world’s leading media franchises and IP, such as Hello Kitty, Viacom, CBS, Care Bears, the future is extremely bright for the marketplace.
CEO Zach Bruch chatted with ONE37pm about the mission behind RECUR, what makes the platform different from others, and what to expect from the team after Nickelodeon.
ONE37pm: How did it feel seeing the Nickelodeon collection sell out so quickly?
Bruch: For us, what was more important was seeing the community reception. We have seen people who have never participated in crypto from tons of different countries get involved. It shows that NFTs have the power to onboard people into the ecosystem.
ONE37pm: Besides being eco-friendly, what makes RECUR from other marketplaces?
Bruch: At RECUR, we power web3 experiences for some of the world's most iconic brands. We asked ourselves, what do people want from NFTs? NFT collectors expect dynamic communities and increasing utility. Businesses want elegant experiences, seamless royalty reporting. For most brands or IPs who want to discover or learn about web3 for the first time, they have to piece together little vendors and widgets. For us, The whole concept is to make web3 simple. We want to onboard the next wave of millions.
ONE37pm: How are you making it simple?
Bruch: To help others enter the ecosystem in an authentic way. Fans can come to the site and purchase and engage in ways that they are already familiar with. They can withdraw that asset and take it anywhere they want. Our team has a history of delivering and building. Isn’t our first rodeo. We have immense experience working in crypto for over 5 years, that's a key differentiator. We also support those payments globally to 225 countries and have cash out in 85 countries.
ONE37pm: Can you explain how RECUR works cross-chain?
Bruch: RECUR NFT is minted on Polygon, but it can be withdrawn on the ETH.
- RECUR operates a cross-chain swap in order to facilitate NFT withdrawals and deposits across chains. All NFTs are initially minted to Polygon. This initial mint occurs when the NFT is purchased via a primary sale.
- At this time, you have two options: withdraw on Polygon or withdraw on Ethereum.
- If you withdraw on Polygon, we simply send to the address specified by you - no swapping required.
- If you withdraw on Ethereum, we burn the NFT minted on Polygon, remint it on Ethereum, and then send to the address that you specified.
- When you are ready to deposit an Ethereum RECUR NFT back into RECUR, you will be prompted to call a burn function from within your wallet. This burns the NFT on Ethereum, and remints it on Polygon inside of RECUR’s own wallet.
ONE37pm: What can you share about the future of RECUR?
We can’t exactly reveal too much about the RECUR pass, but there will be a lot of early access for future drops and rewards for those holding our pass. At Recur, we are continuing to usher large brands and studios into the ecosystem. However, we are also opening our platform to enable creators of all sizes, so they can leverage the power of our technology and structure.
ONE37pm: Will you also be creating real-life experiences?
Bruch: I can’t say more than that, but yes.
RECUR Pass
The RECUR Pass is a collection of unique NFTs designed to give the early NFT community utility and special access to digital collectibles from the world’s most beloved brands.
Each generative RECUR Pass NFT grants early access and benefits to its holder within the RECUR ecosystem, across its brands & IP, throughout the metaverse, and beyond.
What's Next
A new and exclusive Hello Kitty NFT collection is set to launch next month, on August 25th, on the RECUR platform, in partnership with Sanrio.
The ‘Hello Kitty and Friends’ collection will feature six beloved characters that can travel to eight cities around the world.
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Stream all your favorite Nickelodeon shows old and new on Paramount+. Try it FREE at ParamountPlus.com!
RECUR and Paramount Global to Debut Mashup NFTs Based on Nickelodeon Characters
Brand-New Mashup Remix Inspired by Original Rugrats and Hey Arnold! Theme Songs Released Today from Famed DJ Steve Aoki
MIAMI--July 11, 2022--RECUR, the premier platform for creating innovative, multi-chain NFT experiences, is bringing some of Nickelodeon’s most iconic ‘90s characters into Web3 in a whole new way with the help of Grammy-nominated DJ and producer, Steve Aoki.
RECUR’s Nickelodeon NFT drop via Nickelodeon.xyz, beginning July 18th for whitelisted users and July 19th for the public, will feature 12 original characters from Rugrats and Hey Arnold! On July 26th, fans will have the ability to trade in their original NFTs to collect Slime which will lead to the opportunity to get Mashup characters starting July 29th.
RECUR and Paramount Consumer Products have partnered with avid NFT collector and Grammy-nominated DJ and producer Steve Aoki to introduce this new set of Mashup characters. In the spirit of mashups, Aoki created a new remix that combines original theme songs from Rugrats and Hey Arnold! into a new track to reveal Nickelodeon NFT character Mashups through a music video. The neon, technicolor music video offers fans a first look at the character Mashups while reviving the spirit of the '90s. Mashups are brand new characters that combine traits and names from the collection’s original characters. A Mashup that’s part Tommy Pickles and part Helga Patacki equals Tolga.
The video by Steve Aoki was released today and can be found below.
Introducing Nickelodeon NFT Mashups (ft. Steve Aoki) | RECUR
RECUR and Paramount Global to Debut Mashup NFTs Based on Nickelodeon Characters.
Brand-New Mashup Remix Inspired by Original Rugrats and Hey Arnold! Theme Songs Released Today from Famed DJ Steve Aoki
As an NFT collector and creator, Aoki knows the power of NFTs to build and engage vibrant communities. He says, “Really grateful to be teaming up with RECUR and Paramount to bring these shows to life in the NFT space. Can’t wait to see the roadmap come to life.”
RECUR’s Co-Founder and CEO, Zach Bruch, says, “Character mashups are going to bring together characters from two iconic Nickelodeon shows in a way we’ve never seen before. And it’s all powered by the RECUR platform - concepted and delivered with such an incredible partnership with Team Nickelodeon and Steve Aoki.”
This exciting NFT drop featuring Rugrats and Hey Arnold! characters will open to the public on July 19th at 2pm ET. There will be 10,000 Nickelodeon NFT packs available for $50 each through Nickelodeon.xyz — a site that is part of the Paramount-branded NFT marketplace Powered by RECUR. Each pack contains a distinctive 1/1 PFP featuring a unique take on one of twelve characters from Rugrats and Hey Arnold!. Characters from Rugrats include: Tommy Pickles, Angelica Pickles, Chuckie Finster, Phil Deville, Lil Deville, and Susie Carmichael. Characters from Hey Arnold! include: Arnold Shortman, Helga G. Pataki, Gerald Johanssen, Phoebe Heyerdahl, Harold Berman, and Rhonda Wellington Loyd.
The Mashup experience will allow fans to trade in their original Rugrats and Hey Arnold! PFPs for Slime, and then collect and trade in enough Slime to receive one of 500 rare Mashups. Fans will be able to swamp their original PFPs for Slime beginning July 26. After collecting a total of ten Slime NFTs, fans can trade in their Slime for a brand-new character Mashup beginning July 29th.
Paramount Consumer Products oversees all licensing and merchandising for Paramount (Nasdaq: PARA, PARAA), a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount Consumer Products’ portfolio includes a diverse slate of brands and content from BET, CBS (including CBS Television Studios and CBS Television Distribution), Comedy Central, MTV, Nickelodeon, Paramount Pictures and Showtime. With properties spanning animation, live-action, preschool, youth and adult, Paramount Consumer Products is committed to creating the highest quality product for some of the world’s most beloved, iconic franchises. Additionally, Paramount Consumer Products oversees the online direct-to-consumer business for CBS and Showtime programming merchandise, as well as standalone branded ecommerce websites for Star Trek, SpongeBob, South Park, and MTV.
About RECUR
RECUR is a technology company that designs and develops dedicated branded experiences that allow fans to buy, collect, and re-sell digital products and collectibles (NFTs). RECUR is the premier Web3 platform for creating innovative, multi-chain NFT experiences. The RECUR Platform’s multi-chain approach gives its brand partners the widest range of distribution and their fan bases the widest range of utility. RECUR also co-authored the recurring royalty standard for NFTs, allowing for creators, artists, athletes, and brands to participate in the secondary sales of their assets in perpetuity.
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Nickelodeon NFTs sold out. And oh splat, there’s more.
Well that was wild. We’re so thankful for the incredible support from this community!
Who did you scoop? Tommy? Angelica? Arnold? Or maybe you got the one and only strawberry Gerald?
This is just the beginning though. Now that the first Nickelodeon NFT drop is done, the Splat Factory is ready to go full spin.
Are you ready for Slime, Mashups, and a teaser of what else is joining RECUR after the Rugrats and Hey Arnold! characters settle into their new collections?
Yeah, we thought so.
First up, it’s time to Slime. 🟢⏰
If you’ve been following along, then you already know that Nickelodeon NFTs come equipped with what’s called a Slime Score, this will be important to know if you’re looking to participate in Challenges.
Your Slime Score is the number of Slime you can collect if you trade in your character NFT. But keep in mind that Slime is permanent. If you do redeem a character for their Slime Score, they’ll be slimed and removed from the collection completely.
Your chance to exchange characters for Slime is starting July 26th and like everything else, Slime is non-fungible and limited in quantity. Don’t hesitate, Slime. Because if you’re too slow, a determined collector might beat you to what’s left and you don’t want to miss what comes next.
The Splat Factory is open for business! 🏭
Slime that players have collected can be used at the Splat Factory to cook up never before seen and super rare Nickelodeon Mashups! You’ll need to trade in ten Slime to collect a Mashup so get the slime buckets ready.
Have you ever wondered what would happen if Helga and Tommy or Harold and Angelica were mashed together? The results are undeniably exciting, for better or for worse. We promise when you see a few of these Mashups, you won’t be able to look away.
Just a quick reminder for you Football Heads out there, Slime is limited. It’s a rare element after all. And that means… *drum roll*, you guessed it! Character Mashups that Slime help fuel the creation of are even more rare to earn and collect!
So after checking your Slime Score and seeing what you’re holding, you might be surprised how much Slime you’re hoarding. On July 29th, get ready to turn that Slime into Mashups.
All that and details on a second drop?! 😬
Not yet, but it’s coming. Or is it? 😅
The Splat Factory nearly ran out of Slime helping bring this first drop to life. But if you help us refill it, you’ll earn some extraordinary odd creations to own, cherish, and trade forever.
And if you stay tuned in our Discord and on our Twitter, we promise to keep you posted on what’s coming out of the ’90s time capsule next.
Extra, extra! Special news incoming from RECUR! 📰
WAGMI baby! 🤗
Since you’ve been so patient with us and made it all the way to the bottom of our latest post, we thought we’d share another reason to care about what’s coming next…
No point in spoiling all the fun though. There’s plenty more exciting announcements to come this summer and we’re preparing to share soon™️.
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Update (7/21) - The Nickelodeon NFT marketplace has already surpassed more than $450,000 in secondary sales. Nickelodeon released the platform earlier today (7/20) as well as its own NFT collection known as "Nickelodeon: Rugrats & Hey Arnold!" On top of the volume on its own platform, the collection currently has 242 ETH traded on OpenSea, which is more than $200 thousand. The collection currently sits at a floor of $184 on Nickelodeon's marketplace and 0.15 ETH on OpenSea.
"The first NFT collection representing the popular 90s cartoon channel Nickelodeon has sold out. The 10,000 “Rugrats and Hey Arnold!” PFP NFTs launched on July 19, with a price of $50 each. A day later, the floor price on the secondary NFT market reached 0.4 ETH (approximately $642.72). Within 24 hours, the collection had a sales volume of almost 947 ETH, ranking higher than CryptoPunks, Bored Apes, and other top NFT collections." - Metaverse Post.
Rugrats and Hey Arnold! NFT Drop Details
Everything you need to know to be ready for the upcoming Rugrats and Hey Arnold! NFT drop Powered by RECUR.
ICYMI, Nickelodeon NFTs Powered by RECUR are coming soon, starting with Rugrats and Hey Arnold! characters. 10,000 packs will be available to purchase throughout the sale for $50 each. We’ll have 500 additional packs that are not for sale and will be reserved for marketing, community, and other uses.
Starting July 18th, the drop will happen in three phases:
RECUR Pass Holder Whitelist Sale: July 18th at 8 AM PT / 11 AM ET
RECUR Pass Holder Early Access Sale: July 19th at 10 AM PT / 1 PM ET
Public Sale: July 19th at 11 AM PT / 2 PM ET
RECUR Pass Holders get a front row seat
You may be thinking: sure, this is great but what’s in it for RECUR Pass Holders? We’re glad you asked. We’ve been hard at work figuring out how to create the best experience for Pass Holders and we’re pretty excited to try something new.
We’re reserving half of all Rugrats and Hey Arnold! NFTs specifically for RECUR Pass Holders. That means there’s 5,000 NFTs set aside just for Pass Holders to purchase. We’ll have two early access phases for Pass Holders:
A whitelist for Passes with specific attributes;
An early access sale for all Pass Holders.
Pass Holder Whitelist
Want guaranteed access to a Nickelodeon NFT? Well, you’re in luck.
For every RECUR Pass you hold that meets the following criteria, you’ll receive one early access code for guaranteed access to purchase a Nickelodeon pack.
1. Hold a RECUR Pass with the following attributes during the snapshot on July 12th at 9 AM PT / 12 PM ET
2. A Pass that has one of:
• Most Occurring Color: Orange or Green
• Most Occurring Color: Neutral or Mixed with 2x Orange and 2x Green
3. AND one of:
• Property Tag: Prime, Three of a Kind, Palindrome, Full House, Four of a Kind, Square, Cube, Fibonacci, or Perfect
• Color Set: Monochrome , Dichrome, or Trichrome
• Longest Sequence: 2, 3, 4, or 5
For example, if you hold a Full House Pass with a Most Occurring Color of Green in your RECUR Wallet on July 12th at 9 AM PT / 12 PM ET, you’ll receive a whitelist code for that Pass. You can buy an eligible RECUR Pass using the Nickelodeon Whitelist filter here.
The Pass Holder whitelist sale will begin on July 18th at 8 AM PT / 11 AM ET. If you meet the Pass criteria during the snapshot, you’ll receive an email shortly before the whitelist sale opens with your early access code and instructions on how to purchase. You’ll have a 24 hour window to use your early access code before the whitelist sale is closed.
Each early access code will allow you to buy one Nickelodeon pack for $50. If you hold multiple eligible RECUR Passes during the snapshot, you’ll receive one early access code for each eligible Pass.
TLDR; more eligible Passes = more guaranteed packs.
Pass Holder Early Access Sale
If your Pass doesn’t qualify, you still have a chance to cop a pack early in our Pass Holder early access sale! During the early access sale, all RECUR Pass Holders will be able to purchase Nickelodeon packs while supplies last.
Whether you received an early access code or not, all Pass Holders at the time of the sale will be eligible. The early access sale will begin on July 19th at 10 AM PT / 1 PM ET.
There are 5,000 total packs available for Pass Holders to purchase during the whitelist sale and early access sale combined. Any remaining packs unclaimed from the Pass Holder whitelist will be available for all Pass Holders in the early access sale. We estimate that about half of the Pass Holder supply will be available in the presale, but it could be lower or higher depending on how many people on the whitelist redeem their codes. Any remaining packs following our Pass Holder sales will become available in the public sale.
Everyone else, get ready for July 19th
Our public sale will begin on July 19th at 11 AM PT / 2 PM ET on Nickelodeon.xyz.
During the public sale, anyone can purchase Nickelodeon packs while supplies last.
There are 5,000 packs reserved for the public sale. If there are any remaining packs from the Pass Holder whitelist and early access sales, they will also become available for purchase in the public sale.
RECUR Pass Holders, get ready for a three peat. You’ll have your third chance to purchase a pack during the public sale. If you purchase a pack or packs in our earlier sales, you’re still eligible to purchase during the public sale.
This is just the start of what’s to come with Nickelodeon NFTs. Stay tooned to find out which characters will be featured later this week!
This post was updated on 6/22 to include RECUR Passes with 2x Orange and 2X Green in the whitelist and link to the Nickelodeon Whitelist filter.
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Stream all your favorite Nickelodeon shows old and new on Paramount+. Try it FREE at ParamountPlus.com!
