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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.
The NFTs first came out as TV packs containing unopened NFT characters from the Rugrats and Arnold cartoon. Most of the 12 nostalgic characters have been opened and are available on OpenSea.
The TV channel has its own NFT marketplace powered by on-chain experience developer Recur and an NFT dedicated Twitter account and Discord. Recur Pass holders are eligible for early access to Nickelodeon’s NFT collections. The Nickelodeon NFT marketplace has a very subtle 90s–early 00s style design but fully embraces Web3.
“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?” Recur wrote in a blog post.
On July 26, Nickelodeon will release a Slime challenge and trade-in NFTs to earn valuable Slime NFTs. Slime will have utility for the company’s future projects. Collecting multiple Nickelodeon characters and acquiring slime allows you to redeem a rare Rugrats and Hey Arnold! mashup character NFT.
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