Cointime

Download App
iOS & Android

0xMerch: Interacting with your NFT in daily life

Cointime Official

What is 0xMerch?

The goal of 0xMerch.io is to design and produce various real-life goods for the NFT community. Artists and manufacturers can connect with NFT collectors through 0xMerch, making it easier to design, manufacture, and trade products related to NFTs.

As the NFT market expands, collectors develop a strong attachment to their NFTs and wish for them to be more than just digital image data on the blockchain. They desire the ability to "interact with NFTs in real life."

Simultaneously, NFT intellectual property (IP) has become a focal point of the community. In the realm of crypto, IP is no longer confined to a single image or story; it has evolved into a self-emergent consensus: IP owners are also IP consumers, IP media, and co-creators of content.

With these needs in mind, 0xMerch.io was born to assist collectors and the community in developing NFT IP and manufacturing products.

Operating Mode

0xMerch provides a seamless experience for each role, allowing NFT holders to find a channel to realize the value of their copyright. Designers and manufacturers can leverage their strengths to create popular merchandise, and consumers can easily purchase products they love.

NFT Holders/Community: License the rights of their NFTs to the market and earn IP copyright fees.

Designers: Create merchandise based on the provided NFT designs.

Manufacturers: The producers of the products, often overlapping with designers.

Buyers: Individuals who pay for the products, who may be NFT holders or simply consumers looking for interesting products.

Product List

NFT Bricks

The first product listed on 0xMerch is the "NFT Bricks Penguin" created by Chinese designers and manufacturers. It is customized based on each Pudgy Penguin and disassembled into bricks, allowing buyers to enjoy the fun of assembly.

The form of bricks can extend to many other collectibles, such as "Brick CryptoPunks" and "Brick BAYC" that we are currently developing. There will be more brick-filled NFTs in the future.

Products under development

While expanding our collection of NFTs, 0xmerch is collaborating with more designers and manufacturers. We can currently disclose one of them as "FLUFFY," while the other is "HARD"!

Future

More products will enter the market, creating a brand spill-over effect that will make consumers unfamiliar with NFTs recognize the value of NFT IPs.

More designers and manufacturers will join in, contributing to higher quality and greater diversity of products, while also attracting more people to the NFT IP development field.

More cryptocurrencies will be utilized. 0xMerch aims to provide benefits to every contributing role, including collectors, manufacturers, consumers, and the community. By leveraging cryptocurrencies for reform, 0xMerch hopes to connect the entire NFT IP ecosystem.

Conclusion

0xMerch's endeavor aligns perfectly with Fat Penguin's development roadmap. Leveraging the increased visibility of the NFT project, 0xMerch has gained significant growth opportunities in the initial stages. The next steps involve developing new products, crafting fresh narratives, and exploring ways to expand into other communities.

Comments

All Comments

Recommended for you

  • DeepSeek Seeks Over $300 Million in First Round of External Funding

    According to The Information, DeepSeek is seeking over $300 million in its first round of external funding, with a valuation exceeding $10 billion.

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,024.64, with a 24-hour increase of 5.63%. The market is highly volatile, so please ensure proper risk management.

  • BTC Surpasses $77,000

    Market data shows that BTC has surpassed $77,000, currently priced at $77,022.24, with a 24-hour increase of 3.42%. Due to significant market fluctuations, please ensure proper risk management.

  • US and Iran Discuss Plan to End War

    On April 17, U.S. media reported, citing two American officials and two sources familiar with the negotiations, that the United States and Iran are communicating about a plan aimed at ending the war. One key topic is the U.S. potentially unfreezing $20 billion of Iran's frozen assets in exchange for Iran giving up its enriched uranium stockpile. The report also quoted another source familiar with the mediation efforts, stating that negotiations are expected to take place this Sunday in Islamabad, the capital of Pakistan. (Xinhua News Agency)

  • ETH Surpasses $2400

    Market data shows that ETH has surpassed $2400, currently priced at $2402.37, with a 24-hour increase of 2.58%. The market is experiencing significant volatility, so please ensure proper risk management.

  • US Plans to Unfreeze $20 Billion in Funds for Iran's Uranium Cessation

    On April 17, according to AXIOS, two US officials and two sources familiar with the negotiations revealed that the US and Iran are negotiating a three-page plan to end the conflict, one element of which involves the US unfreezing $20 billion of Iranian funds in exchange for Iran abandoning its enriched uranium stockpile. According to the two sources, in the early stages of negotiations, the US proposed unfreezing $6 billion for humanitarian supplies, while Iran requested $27 billion. The latest figures being discussed between the US and Iran are $20 billion. One US official stated that this is the US proposal. Another US official described the concept of 'cash for uranium' as 'one of many discussions.' Meanwhile, the US is demanding that Iran agree to send all its nuclear materials to the US, while Iran has only agreed to 'dilution' within its territory. Under the compromise being discussed, some highly enriched uranium would be sent to a third country (not necessarily the US), while some would be diluted under international supervision within Iran.

  • Iranian Foreign Minister Amir-Abdollahian: Commercial Shipping in the Strait of Hormuz is Open

    On April 17, Iranian Foreign Minister Amir-Abdollahian announced that commercial shipping in the Strait of Hormuz is now open.

  • Payward Agrees to Acquire Crypto Derivatives Firm Bitnomial for $550 Million

    Kraken's parent company Payward has announced that it has agreed to acquire the stock and crypto derivatives trading company Bitnomial for $550 million. This is a cash and stock transaction that enables Payward to gain control of a fully licensed U.S. cryptocurrency derivatives stack, accelerating its expansion in regulated markets.

  • Senator Pressures U.S. DOJ and Treasury on Binance-Iran Fund Flow Issues

    On April 17, U.S. Senator Richard Blumenthal (Democrat, Connecticut) sent a letter to the Department of Justice (DOJ) and the Financial Crimes Enforcement Network (FinCEN) requesting clarification on the status of two compliance supervisors at Binance. Reports had previously indicated that internal investigators at Binance warned executives about over $1 billion in funds flowing to wallets related to Iran, but were subsequently fired. Binance denies that the dismissals were related to the investigation's findings and claims that its compliance system is stringent. Notably, the DOJ had previously terminated independent oversight requirements for Glencore and Boeing, raising concerns about whether similar oversight mechanisms have also been suspended for Binance. In 2023, Binance was fined $4.3 billion for failures in anti-money laundering and sanctions compliance, and the two supervisors were part of the agreement at that time.

  • Goldman Sachs: Without Monetary Policy Support, US Stock Gains May Be Unsustainable

    On April 17, Goldman Sachs' head of asset allocation research, Muller-Grissman, stated that the recent rise in US stocks requires the Federal Reserve to restart interest rate cuts to maintain momentum. He described the recent stock market rebound as a 'rapid and intense recovery phase,' partly driven by technical factors, including hedge funds that previously sold stocks to reduce risk now being forced to rebuild their positions. Although the S&P 500 is expected to rise over 3% for three consecutive weeks, he questioned whether the gains could be sustained without monetary policy support. He noted that while the stock market is rising, oil prices remain high and the credit market is lagging. The strong performance of the stock market is partly due to high exposure to technology stocks.