Friday, June 10, 2022

Paramount Set To Release First Nickelodeon NFTs During Summer 2022

Paramount is slated to debut its first set of Nickelodeon NFTs (non-fungible tokens) very soon


Nickelodeon is about to dive into the metaverse with the release of its first batch of NFTs, with Paramount.xyz, the online portal to access Paramount’s iconic IP and cherished franchises in the form of non-fungible tokens teasing that launch of Nickelodeon NFTs is coming soon.

Currently, the Paramount NFT portal offers Star Trek and Top Gun: Maverick NFTs.

Not much is currently known about the first batch of Nickelodeon NFTs, however, one of the promo images on the portal teases that "Season Zero" will focus on retro Nickelodeon properties, such as Rugrats and Hey Arnold!.

Update (6/10) - The first batch of Nickelodeon NFTs will be released during summer 2022!


Earlier this year, Paramount applied to register the trademark for SpongeBob SquarePants NFTs with the United States Patent and Trademark Office (USPTO), with the application still pending.

The news follows Paramount announcing a strategic partnership with leading non-fungible token (NFT) company RECUR last year to create a fan-focused platform that will bring the company’s iconic IP and cherished franchises that transcend generations to the space. Through this agreement, Paramount and RECUR created Paramount.xyz, a unified environment where fans can buy, collect and trade NFTs as digital products and collectables across Paramount's leading portfolio of consumer brands, including Nickelodeon, BET, CBS, Comedy Central, MTV, Paramount Pictures and Showtime Networks Inc.

The news also follows Funko releasing Nickelodeon NFTs earlier this month, which sold out within hours. However, SpongeBob was missing from the first wave.

Stream all your favorite Nickelodeon shows old and new on Paramount+. Try it FREE at ParamountPlus.com!


Originally published: May 26, 2022 at 02:26 BST.

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