SBI Digital Community Co., Ltd., a subsidiary of Japan’s financial conglomerate SBI Holdings, has announced the public sale of its inaugural “Crypto Canvas Collection” NFTs on Polygon and the XRP Ledger. The sale is set to take place from October 12 to October 14, 2024, and will be conducted through “Bto3 ~ Web3 community ~,” a platform focused on Web3 initiatives operated by SBI Digital Community.
SBI Chooses Polygon And XRP Ledger
The “Crypto Canvas Collection” aims to foster collaborative storytelling among community participants on a digital canvas. According to SBI Digital Community, “Each piece is a one-of-a-kind, hand-drawn generative NFT.” The collection consists of 3,000 unique NFTs, each priced at 0.025 ETH.
Notably, credit card payments will be accepted during the public sale, lowering the barrier to entry for those new to cryptocurrency. The NFTs will be minted on the Polygon blockchain, and interested participants can access the sale via the Discord channel at https://discord.gg/bto3.
SBI Digital Community emphasizes user accessibility in this initiative. “Bto3 provides support so that even beginners to Web3 can purchase it. If you have any questions, please contact us via ‘support’ in Discord,” the company stated in the official press release.
Owners of the first collection NFTs are entitled to a range of exclusive benefits. Holders of one or more NFTs gain the right to participate in a lottery to win additional NFTs at any time and access to an NFT discount service usable at affiliated stores nationwide, scheduled to launch in the second quarter of 2025. For every two NFTs held, owners will receive an XRP Ledger (XRPL) version of the Crypto Canvas Collection, slated for issuance in November 2024, and automatic receipt of the second NFT collection upon its launch.
A standout feature of this initiative is the NFT discount service, which seeks to bridge digital assets with real-world applications. The service allows NFT holders to receive discounts at participating stores nationwide simply by holding eligible NFTs.
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Author: Jake Simmons
