{"id":2265,"date":"2023-01-02T14:30:00","date_gmt":"2023-01-02T14:30:00","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/01\/02\/4-brands-that-didnt-need-to-say-nft-to-bring-fans-into-web3\/"},"modified":"2023-01-02T14:30:00","modified_gmt":"2023-01-02T14:30:00","slug":"4-brands-that-didnt-need-to-say-nft-to-bring-fans-into-web3","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/01\/02\/4-brands-that-didnt-need-to-say-nft-to-bring-fans-into-web3\/","title":{"rendered":"4 Brands That Didn&#8217;t Need to Say &#8216;NFT&#8217; to Bring Fans Into Web3"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"has-drop-cap\">Despite the best efforts of the NFT community and builders leading the space into the future, the term \u201cNFT\u201d remains controversial for most of the internet. The mere utterance of NFTs has been enough to send <a href=\"https:\/\/nftnow.com\/culture\/3-posthumous-nft-projects-to-know-about\/\" target=\"_blank\" rel=\"noreferrer noopener\">fans of deceased creators<\/a> into a frenzy upon learning of impending drops related to these late creators\u2019 bodies of work.<\/p>\n<p>Regardless, some brands find the allure of launching an NFT project too great to ignore. After all, NFTs are just one prong of what is often a multi-faceted strategy to prepare for the mainstream arrival of <a href=\"https:\/\/nftnow.com\/features\/tv-isnt-dead-its-being-resurrected-in-web3\/\" target=\"_blank\" rel=\"noreferrer noopener\">Web3<\/a>, the internet\u2019s next great leap forward. So what have they done? Just <a href=\"https:\/\/nftnow.com\/features\/why-brands-are-refusing-to-mention-nfts-during-nft-launches\/\" target=\"_blank\" rel=\"noreferrer noopener\">omit using the word NFT altogether<\/a> when talking about their forays into Web3. And it\u2019s been surprisingly effective.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><figcaption>Reddit<\/figcaption><\/figure>\n<\/div>\n<p>When Reddit announced the coming launch of its <a href=\"https:\/\/www.redditinc.com\/blog\/blockchain-backed-collectible-avatars-coming-to-reddit-via-new-storefront\" target=\"_blank\" rel=\"noreferrer noopener\">Collectible Avatars<\/a> initiative in July 2022, its success was enough to convince Reddit leadership to explore further the idea of selling NFTs to its vast user base. With millions of people regularly logging onto \u201cthe front page of the internet,\u201d this move looked poised to serve as one of the most significant NFT onboarding events we\u2019ve seen yet.<\/p>\n<p>So was it? Not quite \u2014 but not for the reason you might think. For starters, Reddit deliberately avoided using the term when it announced the upcoming drop. \u201cWhat if we could help these artists showcase their art to the entire Reddit community and make it easy for them to earn money for their work? Our new Collectible Avatars storefront does just that,\u201d it said in its initial announcement regarding its first run of Collectible Avatars.<\/p>\n<p>Reddit\u2019s subsequent CryptoSnoos NFT drop did <em>incredibly <\/em>well, holding the <a href=\"https:\/\/nftnow.com\/culture\/how-reddits-collectible-avatars-blew-up-the-nft-space\/\" target=\"_blank\" rel=\"noreferrer noopener\">top spot on OpenSea\u2019s volume chart<\/a> for some time. But this time, the term \u201cNFT\u201d was all over the page and its marketing. Looks like its Collectible Avatars launch did what it set out to do after all: serve as a culmination of years of <a href=\"https:\/\/nftnow.com\/guides\/reddit-nft-avatars-how-to-buy-and-sell-the-best-snoo-for-you\/\" target=\"_blank\" rel=\"noreferrer noopener\">slowly ingratiating the concept of digital currency and assets<\/a> to its vast user base.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" width=\"600\" height=\"400\" src=\"https:\/\/nftnow.com\/wp-content\/uploads\/2022\/11\/candy-digital-props.png\" alt=\"\" class=\"wp-image-24007\" srcset=\"https:\/\/nftnow.com\/wp-content\/uploads\/2022\/11\/candy-digital-props.png 600w, https:\/\/nftnow.com\/wp-content\/uploads\/2022\/11\/candy-digital-props-150x100.png 150w\" sizes=\"(max-width: 600px) 100vw, 600px\"\/><figcaption>Stranger Things props collection. Credit: Candy Digital<\/figcaption><\/figure>\n<\/div>\n<p>Digital collectibles have long been a mainstay in the NFT market. One of the most popular formats of digital NFT collectibles is collections based on already-beloved IP. These are the type of NFTs that Candy Digital has long been pushing onto the market, which includes collections based on <a href=\"https:\/\/mlb.candy.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Major League Baseball<\/a>, among others.<\/p>\n<p>One of Candy Digital\u2019s most notable initiatives was its July 2022 Mystery Box, launched as a tie-in to the latest season of <a href=\"https:\/\/nftnow.com\/culture\/netflix-is-using-nfts-to-harvest-engagement-data-and-tv-may-never-be-the-same\/\" target=\"_blank\" rel=\"noreferrer noopener\">Netflix<\/a> smash hit <em>Stranger Things<\/em>. So what was the catch? It too avoided mentioning NFTs anywhere in its marketing, despite its format bearing the trademark NFT deluge of thousands upon thousands of available pieces within.<\/p>\n<p>In a prior interview with nft now, Candy Digital CEO Andre Llewellyn said, \u201cThe idea is to focus more on the product than the format. If we look at music, I\u2019m not selling the format of a CD or a music stream; I\u2019m selling you the artist\u2019s single.\u201d He then went on to say that given how NFTs and Web3 as a whole were still in their early phases, it probably wouldn\u2019t be the best idea to settle this early-stage nomenclature. Think about it: Can you imagine if we used the term \u201cphygital\u201d forever?<\/p>\n<p>Of course, this wouldn\u2019t be Candy\u2019s last dance with digital collectibles, nor its last spin on <em>Stranger Things-<\/em>themed drops. November 2022 saw the company launch another set of collectibles related to the IP: <a href=\"https:\/\/www2.candy.com\/blogposts\/stranger-things-props-are-coming\" target=\"_blank\" rel=\"noreferrer noopener\">digitized versions of props<\/a> used in the show\u2019s latest season. And again, with the term \u201cNFT\u201d nowhere in sight.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">WeChat with more than 1.1 billion daily active users in China, has updated its rules: WeChat public accounts which involved in the issuance, trading and financing of crypto and NFTs will be limited function or banned. <a href=\"https:\/\/t.co\/0I9oMrvFTp\" target=\"_blank\">https:\/\/t.co\/0I9oMrvFTp<\/a> <a href=\"https:\/\/t.co\/mzclYjFZNg\" target=\"_blank\">pic.twitter.com\/mzclYjFZNg<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1538839036583784448?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">June 20, 2022<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>This one is a bit different. WeChat \u2014 China\u2019s super app for communication, commerce, and more \u2014 issued an update in its terms of service declaring NFTs, crypto, and other blockchain technologies banned from the platform. The move came in the wake of China\u2019s <a href=\"https:\/\/www.bbc.com\/news\/technology-58678907\" target=\"_blank\" rel=\"noreferrer noopener\">2021 crackdown<\/a> on crypto trading and mining.<\/p>\n<p>So how does this ban belong on this list, exactly? The term \u201cNFT\u201d is nowhere to be found in its terms of service, instead referred to as \u201cdigital collections.\u201d Although the document <em>was <\/em>translated from Chinese, the terminology was <a href=\"https:\/\/fortune.com\/2022\/01\/14\/china-nfts-cryptocurrency-bitcoin-blockchain-ban\/\" target=\"_blank\" rel=\"noreferrer noopener\">broadly consistent<\/a> with how China has regularly referred to blockchain-focused technologies.<\/p>\n<p>Given China\u2019s outsized ability to influence the course of public thought within its borders, there\u2019s reason to believe this phrasing may have something to do with censorship. For most Chinese citizens, WeChat <em>is <\/em>the internet, and refusing to call NFTs and crypto by their internationally agreed-upon names even following their bans might be China\u2019s way of ensuring its citizens have an even harder time learning about them.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse-1200x795.jpg\" alt=\"Thibault Trillet\/Pexels\" class=\"wp-image-17101\" width=\"662\" height=\"438\" srcset=\"https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse-1200x795.jpg 1200w, https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse-700x464.jpg 700w, https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse-768x509.jpg 768w, https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse-1536x1018.jpg 1536w, https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse-150x99.jpg 150w, https:\/\/nftnow.com\/wp-content\/uploads\/2022\/08\/thibault-trillet-muse.jpg 1920w\" sizes=\"(max-width: 662px) 100vw, 662px\"\/><figcaption>Thibault Trillet\/Pexels<\/figcaption><\/figure>\n<\/div>\n<p>August 2022 saw the English rock band Muse make another attempt to match Radiohead\u2019s legacy. Fourteen years after the unconventional release of Radiohead opus <em>In Rainbows<\/em>, Muse worked with music <a href=\"https:\/\/nftnow.com\/guides\/a-complete-and-simple-guide-to-the-top-10-nft-marketplaces\/\" target=\"_blank\" rel=\"noreferrer noopener\">NFT marketplace<\/a> Serenade to release their latest album <em>Will of the People <\/em>under a brand-new format: the Digital Pressing.<\/p>\n<p>The music NFT sold out almost instantly, demonstrating that, at least for a subset of Muse\u2019s fan base, some were thrilled at the chance to receive all sorts of extras and goodies commonly associated with purchasing a physical release. To go with Muse\u2019s latest album, buyers at the time also received bonus tracks, access to on-chain royalties, and a collector\u2019s module.<\/p>\n<p>Most notably, this Digital Pressing, along with all other collections of music released under this format, will be chart-eligible in certain territories. That\u2019s great and all, but what constitutes the <em>need <\/em>to call this format a Digital Pressing? As Candy Digital demonstrated, it may just be a way for artists and firms to work toward bringing NFTs to the mass market while avoiding the utterance of an acronym that, to many, has earned an underwhelming reputation in the public eye.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/nftnow.com\/culture\/4-brands-that-didnt-need-to-say-nft-to-bring-fans-into-web3\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the best efforts of the NFT community and builders leading the space into the future, the term \u201cNFT\u201d remains controversial for most of the internet. The mere utterance of NFTs has been enough to send fans of deceased creators into a frenzy upon learning of impending drops related to these late creators\u2019 bodies of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[10],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftnow.com\/wp-content\/uploads\/2022\/12\/four-brands-no-nft-featured.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2265"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=2265"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/2266"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=2265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=2265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=2265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}