The Summer Olympics 2024 will soon begin in Paris. To celebrate, digital pins NFTs of the Paris Olympics mascot have been launched on Base. This launch was announced by nWay, a division of Animoca Brands that handles Web3 projects. The launch is part of the My Olympicâ„¢ Rewards program and Coinbase’s Onchain Summer campaign.Â
About the NFT Digital PinsÂ
The NFTs represent digital pins of the Paris 2024 mascot. These pins aim to capture the playful spirit and energy of the Olympics. They are available in two different designs and rarity levels: Epic and Legendary.Â
- Design A: Mascot wavingÂ
- Rarity: Epic and LegendaryÂ
- Design B: Mascot with a flagÂ
- Rarity: Epic and LegendaryÂ
How to Claim the NFTsÂ
There are different ways to request the NFTs of the digital pins of the Paris 2024 Olympic Games mascot. The request period started on July 9 and ends on August 12. Users need to visit the Magic Eden platform to request and redeem the digital badge NFTs.Â
Steps to Claim:Â
- Coinbase’s Onchain Summer Campaign: Request started on July 9.Â
- Magic Eden Platform: Redeem digital badge NFTs.Â
- My Olympicâ„¢ Rewards: Use earned points to redeem a digital pin.Â
- Whitelist for OGJ/NWP Community: Enter before July 23 following email instructions.Â
- Crypto Wallet Requirement: Must support the Base chain.Â
Availability:Â
- OGJ and VTG Supporters: Can obtain all four pins.Â
- Mint on Magic Eden: Obtain Legendary B or Epic A.Â
- nWayPlay (NWP) and Olympic Games Jam (OGJ) Community: Receive the Legendary pin with the mascot waving exclusively.Â
- My Olympicâ„¢ Rewards: Redeem Epic B using earned points.Â
The Layer-2 BaseÂ
Base is a significant layer-2 of Ethereum, designed by Coinbase. It aims to make asset transfers on the main alternative chain to Bitcoin simpler and more economical. Coinbase, which manages the largest American crypto exchange, is involved in this initiative. The claim of these NFTs is part of their Onchain Summer campaign.Â
Benefits of Onchain Technology:Â
- Direct payment from supporters with almost no fees.Â
- Full ownership of original digital works.Â
- Direct relationships with the community.Â
The 2024 Olympics and the CIO Licensing ProgramÂ
As part of the Olympic Agenda 2020+5, the Comité International Olympique (CIO) has developed a global licensing program to strengthen and promote the Olympic brand. This includes:Â
- The Olympic Collection: Unique branded products for a young audience, including clothing, toys, games, bags, stationery items, and sports equipment.Â
- The Olympic Heritage Collection: Celebrates the art and design of past Olympic Games.Â
- Olympic and Paralympic Games Collections: Celebrate each upcoming edition of the Games, such as Paris 2024, Milano Cortina 2026, and LA28.Â
All official merchandise is available on the Olympic Shop website (shop.olympics.com), including collectible items and souvenirs.Â
About nWayÂ
nWay, a subsidiary of Animoca Brands, is a leading publisher and developer of multiplatform games. Animoca Brands has a strong track record in providing AAA games on mobile devices and consoles. Notable games include Wreck League, Power Rangers: Battle for the Grid, Power Rangers: Legacy Wars, Olympic Games Jam: Beijing 2022, and ChronoBlade.Â
nWay is formed by a team of developers and executives with decades of experience in the video game industry.Â
Summary TableÂ
Design | Rarity Levels | Availability |
Design A | Epic, Legendary | Mint on Magic Eden, OGJ/NWP Community |
Design B | Epic, Legendary | Mint on Magic Eden, My Olympic™ Rewards |
OGJ and VTG | All Four Pins | Can obtain all four pins |
My Olympic™ Rewards | Epic B | Redeem using earned points |
Whitelist Entry | Before July 23 | Follow email instructions |
Crypto Wallet | Must support Base | Required for all transactions |
In summary, the Paris 2024 Olympics digital pins NFTs are a unique way to celebrate the event, offering fans a chance to own a piece of the Olympic spirit through digital collectibles.Â
Disclaimer
FAQ
NFTs are unique digital assets stored on blockchains, representing various digital items.
To create a unique NFT, you mint it by uploading a digital file to a blockchain platform.
NFTs can be a good investment for collectors, but research and understanding risks are essential.