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ThecoinrepublicBlogGrimace NFT: 2,000 NFTs in the Launch...
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Grimace NFT: 2,000 NFTs in the Launch by McDonald’s Singapore  

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Grimace, McDonald’s purple character is on its peak to boom the NFT marketplace. The collaboration of McDonald’s Singapore with Bandwagon Labs and The Hidden Walls grasped the attention. The plan is to launch 2,000 Grimace NFTs, handcrafted by prominent NFT artist Hidden Walls. 

Let’s explore the features of the arriving NFT and the plan of MacDonald’s with the launch.      

The Features of Grimace NFTs

Grimace, a purple character featured in MacDonald, is now ready to enter the NFT space. McDonald’s Singapore joined forces with a Singapore crypto-based firm and a local NFT artist. The plan is to introduce a collection of 2,000 handcrafted Grimace NFTs.

From Monday, August 21, individuals can start minting the Grimace NFTs. Based on the announcement of Drina Chee, Senior Director of Digital Customer Experience at MacDonald’s Singapore, the NFT collection will be accessible to all and will hit the public through the minting process. The minting of the digital assets will be facilitated by the MacDonald’s Singapore App. Also, individuals can connect the platform with the NFT wallet using the MetaMask app or web3auth. Developing a connection and hitting the mint now option will help users generate the Grimace NFTs.

One of the interesting facts about the NFT is its non-transferable and non-tradable properties. This means the cartoonish profile picture (PFPs) once minted, can’t be traded or transferred. Also, the NFT will be available wearing different accessories, expressions, and different attributes. This is all about the features and properties of Grimace NFTs. 

Why does MacDonald wish to enter the NFT Space: Its plan     

The collaboration with Bandwagon Labs and The Hidden Walls made it possible for MacDonald’s Singapore to enter the NFT landscape. However, the firm is not new to the crypto world. MacDonald’s has a strong footprint in the Hong Kong and US NFTs marketplace.

By August 21, the restaurant chain is going to offer around 2,000 NFT collectibles to the public. Users are allowed to mint the same from the MacDonald’s Singapore app. The digital collectible will be minted on the Polygon network, an Ethereum scaling network. Once minted, the NFT will take the form of a soulbond token which can’t be transferred or traded once minted. The plan is to offer an immersive experience to the customers using the Grimace character.

“MacDonald’s is super excited to bring Grimace near to the fans using these unique digital collectibles”, remarked Chee. In addition, Grimace NFT holders will have access to exclusive treats and benefits in the future, making it more exciting to the customers. Users can mint the NFTs on August 21, Monday using their MacDonald’s Singapore App.   

Conclusion 

MacDonald’s Singapore made an announcement regarding Grimace NFTs. The firm in collaboration with Bandwagon Labs and The Hidden Walls is going to launch 2,000 NFTs on August 21. The NFT will be available for the public and can be minted using the MacDonald’s Singapore app. Also, the NFT will not be traded or transferred once minted and will be available in cartoonish profile pictures.     

Disclaimer

The contents of this page are intended for general informational purposes and do not constitute financial, investment, or any other form of advice. Investing in or trading crypto assets carries the risk of financial loss. The forecasted data (also called “price prediction”) on this page are subject to change without notice and are not guaranteed to be accurate.

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Nancy J. Allen
Nancy J. Allen
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and a minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
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