As the WAX Blockchain continues to grow in success and popularity, more projects and big names are showing interest in dipping their toes into the world of digital collectibles. As the King of NFTs, WAX houses an astonishing number of exciting collections including Leonard Nimoy, Capcom’s Street Fighter, deadmau5, and most recently, Topps’ MLB trading cards. Now stepping into the spotlight for their time to shine, Weezer and RAREZ are bringing “OK Crypto” collectibles to the WAX blockchain in honor of their recent album OK Human.
For nearly 30 years, band members Rivers Cuomo, Patrick Wilson, Brian Bell and Scott Shriner have been bringing consumers a rock-worthy experience. Since 1992, this talented group of individuals has sold over 35 million albums to fans worldwide and continues to release new music. On January 29, 2021, Weezer released their 14th album OK Human, an orchestrally-backed mix of 12 catchy songs.
What can fans collect?
Weezer and RAREZ will be debuting their first-ever set of non-fungible tokens (NFTs) on April 28, 2021, at 1 pm EST on the WAX Blockchain. Each song on the album is represented by a specific card. There are a total of 60 unique cards that will be available in 5 stunning rarities.
- Ultra Rare
Inside the packs, collectors will have a chance at receiving 1 of 12 “Ultra Rare” golden tickets (as a vIRL) which will be redeemable for a physical toy, handmade by Dan Polydoris of Death By Toys, that corresponds with the specific NFT. vIRLs stand for virtual In Real Life (v.I.R.L). These are NFTs linked to real-world products and services and separate ownership from physical possession. This allows a person to buy a physical item and digitally transfer it to another person without needing to physically ship it.
There are 2 pack sizes available:
- Standard Pack of 10 NFTs — $20
- Mega Pack of 25 NFTs — $40
A total of 5,000 Standard Packs and 3,000 Mega Packs will be in circulation, so don’t wait to get yours!
Once your NFT packs have been purchased, head over to http://weezer.rarez.io/unpack (coming soon) and open them at 4 pm EST the same day. Should you choose to do so, you can easily trade any unopened packs or individual cards to anyone with a WAX wallet, sell them on the secondary NFT marketplace, trade them or simply show them off on social media to all of your friends.
Get unique NFTs from this collection by joining and participating in the stress test on April 27th, 2021 at 1 pm EST, the day before the official launch. Help smooth out the mechanisms and hammer out any flaws in the servers to ensure a smooth release; enjoy special promotional collectibles as a thank you from WAX to you. Unbox your special edition stress test NFT at 4 pm EST.
Don’t worry, there is no hurry to open your packs! All Weezer OK Crypto cards are pre-minted in the packs. This benefit allows collectors to have a chance at receiving lower mints, regardless of when the packs are opened. Open your packs at your pace; either immediately or one year from now, the odds of receiving a lower mint never diminishes. This also increases the value of unopened packs over time due to the possibility of them containing one of these lower mints. Even 10 years from now, unopened packs will continue to hold their value — and then some!
Various past NFTs have resold for above $87,000 with the use of WAX-powered marketplaces and dApps. Following multiple successful releases on the WAX Blockchain, the Weezer x RAREZ NFT collection has the opportunity to hold, or even increase its value on the secondary market.
The WAX model was designed to be extremely energy efficient to minimize its carbon emissions. Using only a fraction of the energy as Ethereum and Bitcoin, WAX uses no more energy per transaction than a regular online purchase; even less if you include shipping.
Join WAX in this exciting event to officially welcome Weezer to the blockchain and celebrate years of iconic music in a new way.03, May 2021