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Forbes Enters the Metaverse Realm With Virtual Billionaires NFT Collection

Quick take:

  • Forbes drops a virtual Billionaires NFT collection.
  • The NFT drop is in collaboration with the FTX exchange.

Forbes has released a first peek of their virtual Billionaires NFT collection, a first for the media sector. A set of fictitious investors with a massive theoretical portfolio and virtual net worth based on actual New York Stock Exchange prices are included in the collection.

Each NFT Billionaire on the future Forbes Virtual NFT Billionaires List will have fascinating interests and a wacky Forbes accessory, which will be ranked regularly.

Forbes partners up with FTX

In cooperation with FTX, a well-known worldwide cryptocurrency exchange, Forbes will issue an ERC-721 token on April 13th. Forbes subscribers will get first access to the collection. When the Forbes collection sells out, interested parties can still buy Forbes Virtual NFT Billionaires on any ERC-721 Marketplace.

Forbes NFT (Virtual) Billionaires will have their own profile page on Forbes.com, which will include a custom-drawn headshot by Goodog and ItsACat. 

They are a Barcelona-based team of 2D and 3D illustrators and animators. Furthermore, on Forbes.com's official list, owners' public wallet addresses will be displayed with the Billionaire they own.

“We are seeing an established and respectable media organization venture into the blockchain industry with the Forbes virtual Billionaires NFT collection,” said Tristan Yver, Head of Strategy at FTX US.

Forbes has made several contributions to the fields of digital art and blockchain, the most recent of which being the NFT Billionaires collection. 

On March 16, 2022, Forbes hosted its inaugural Digital Assets and Web3 Summit, bringing together key industry figures, including Sam Bankman-Fried, Founder and CEO of FTX, and Kathleen Breitman, Co-Founder of Tezos, to discuss the future of digital assets and Web3.

In April 2021, Forbes became the first publication in the business to transform one of its covers into an NFT. In a restricted auction, Cameron and Tyler Winklevoss' digital artwork "Merchants of the Metaverse" was sold for $333,333, with all profits going to the Committee to Protect Journalists (CPJ) and the International Women's Media Foundation (IWMF).

The information provided on DecentReviews does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Do not treat any of the websites content as such. DecentReviews does not recommend that any cryptocurrency or blockchain asset should be bought, sold, or held by you. Conduct your own due diligence and consult your financial advisor before making any investment decisions.

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