Not intended to be a forecast of future events, a guarantee of future results or investment advice. As entertainment memorabilia given to you as a gift, the NFTs have no value and are not intended by VanEck to ever have any value. It is not a recommendation to buy or sell an interest in cryptocurrencies. If it were to maintain its recent marketplace sales pace, it could potentially reach an annual gross merchandise value of $43.5B. As entertainment memorabilia given to you as a gift, the NFTs have no value and are not intended by VanEck to ever have any value. Some of which include access to an inclusive community and a digital . NFT News. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. Major upgrades across smart contract platforms lay the groundwork for scaling blockspace availability without the $50 gas transactions that marked the last bull cycle. [] The features, functions, characteristics, operation, use and other properties of the specific cryptocurrency may be complex, technical, or difficult to understand or evaluate. VanEck is at the forefront of innovation related to digital assets research and product innovation. There may be risks posed by the lack of regulation for cryptocurrencies and any future regulatory developments could affect the viability and expansion of the use of cryptocurrencies. You must not attempt to obtain an NFT from VanEck if you view it as an investment. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future. Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not generally backed or supported by any government or central bank. JP Lee, the VanEck Community NFT co-founder, said that the team hasn't forgotten NFT's artistic roots despite the [] JP Lee, VanEck Community NFT Co-Founder. u,k-4_fl1G/Gm"j-eA+NI9R:lOZ2dcFFyY"XO a1kqx,lStOH~nCqR.'_fT@L x] mm(.+ToijiTCZQP$(3-;g'nh,-!V80M/j0/FyZVK-9?M905;&mmnth|5# D The NFTs are not an investment. These will be high-quality avatars built with Unreal Engine 5, currently the highest quality rendering tool on the market. May 3, 2022. DISCLOSURES Neither VanEck nor anyone else will take or not take any current or future action that is designed in any way to maintain the value of the NFTs, or to cause their value to grow or increase. With so much change and so many projects to choose from, it can be hard to know where to start. VanEck is today unveiling an innovative new way for investors and the crypto-curious to join the VanEck crypto community via the launch of the VanEck Community NFT. There is no assurance that a person who accepts a cryptocurrency as payment today will continue to do so in the future. NFTs have been used to tokenize just about anything from play-to-earn assets (video games where you earn actual crypto), real estate, collectibles, and so on. VanEck is committed to ensuring accessibility of its website for investors and potential investors, including those with disabilities. VanEck is doing this now with our VanEck Community NFT by rewarding its NFT holders with opportunities to attend various events and experiences. An investment in cryptocurrency is not suitable or desirable for all investors. endstream endobj 42 0 obj <> endobj 43 0 obj <> endobj 44 0 obj <>stream The appropriateness of a particular investment or strategy will depend on an investors individual circumstances and objectives. VanEck airdropped 1000 community NFTs on May 2nd which comprised Common, Rare, and Legendary rarities. All IT news on Silicon.co.uk. Past performance is not a guarantee of future results. In October, crypto asset prices traded in a tight range, with Ethereum outperforming major stock indices, bonds & most commodities (except heating oil & gasoline). Local News. Published. VanEck. Our character 'Hammy' is going to be an outstanding guide for anyone interested in seeing the past, present and future of finance unfold." The VanEck Community NFTs will be released the week of May 2 via airdrop to the first 1,000 people who sign up at the VanEck Community NFT portal page. Past performance is no guarantee of future results. If you have difficulty accessing any feature or functionality on the VanEck website, please feel free to call us at. Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. According to Crypto Potato, VanEck plans to release a total of 1,000 NFTs which will be categorized as - commons (which will total 750), rare (approximately 230), and legendary (approximately 20). A: The primary purpose of the initiative is to bring together like-minded investors who are interested in the cryptocurrency and blockchain space. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Investors should conduct extensive research before investing in cryptocurrencies. A: During the reveal of the final PFP and third promotional video, we will be communicating with our NFT holders through periodic email communication, a web2 interface they can check for updates, a specific VanEck Community NFT Twitter account and YouTube channel. VanEck is a global investment manager with offices around the world. The first NFT project to utilize the Ethereum erc-721 non-fungible token standard was CryptoKitties in 2017.1Many NFT projects are listed on platforms, such as OpenSea, and are priced in ETH. For those new to the world of crypto and NFTs, VanEck has published a . The cryptocurrency may be vulnerable to attacks on the security, integrity or operation, including attacks using computing power sufficient to overwhelm the normal operation of the cryptocurrencys blockchain or other underlying technology. Information provided by Van Eck is not intended to be, nor should it be construed as financial, tax or legal advice. Come network, source deals, and get to know our community! The securities/ financial instruments discussed in this material may not be appropriate for all investors. These NFTs will have a future reveal. The NFTs are not an investment. Non-VanEck proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. United States Asset Management firm, VanEck has announced the launch of its Community Non-Fungible Token (NFT) as a way to re-emphasize the broad utility of the emerging asset class. Crypto Casino. On May 3, 2022, the asset management firm revealed that it would be launching the VanEck Community NFT. The only place for free North American stock rankings incorporating insider commitment. "We're proud to support VanEck as we explore the cutting-edge world of NFTs together in a very forward-looking way," said Rolf Hoefer, co-founder of NUMOMO. You did not pay any consideration, monetary or otherwise, for the NFTs. VanEck is committed to ensuring accessibility of its website for investors and potential investors, including those with disabilities. Information provided by Van Eck is not intended to be, nor should it be construed as financial, tax or legal advice. Ether (ETH) is the token native to the Ethereum ecosystem. VanEck, which managed $82 billion in assets under management as of July 2021, said in an announcement that it's releasing a 1,000 NFT collection meant to showcase the real-world utility inherent in the NFT structure. "We love this project, and we love the people we've worked with at VanEck just as muchto do great work, with great people, that's something worth getting up for.". We will also be communicating updates related to the project from our social media and Twitter project pages. Each NFT is non-fungible, meaning that it cannot be replicated or counterfeited and cannot be equal to another NFT exactly. It is not a recommendation to buy or sell an interest in cryptocurrencies. The firms capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. As a condition of receiving the NFTs, you shall hold the NFTs for your own personal benefit, and you shall not act, and are not acting, on behalf of any other person or entity; except that, if you are an affiliate of an entity or person whose relationship or affiliation you have made VanEck aware of prior to your receiving the NFT, and VanEck consents to your receiving an NFT, you may receive an NFT. The VanEck Community NFT offers access to an inclusive community and provides real world utility. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. In consideration of the receipt of non-fungible tokens (NFTs) from VanEck, you represent, acknowledge, accept and agree that: You received the NFTs as a gift from VanEck. The New York-based business - which manages around $85.5bn in assets including mutual funds, exchange-traded funds (ETFs) and institutional accounts - said it is releasing 1,000 non-fungible tokens (NFTs) on the Ethereum blockchain, in partnership with global . 2 For a comparable reference, the global art and antiques market totaled $50B in 2020. An investment in cryptocurrency is not suitable or desirable for all investors. NEW YORK, May 02, 2022 -- ( BUSINESS WIRE )-- VanEck is today unveiling an innovative new way for investors and the crypto-curious to join the VanEck crypto community via the launch of the. Investing in cryptocurrencies comes with a number of risks, including volatile market price swings or flash crashes, market manipulation, and cybersecurity risks. Not intended to be a forecast of future events, a guarantee of future results or investment advice. Pedestrian struck on Capital Boulevard in Raleigh. NEW YORK, May 02, 2022--VanEck is today unveiling an innovative way for investors and the crypto-curious to join the VanEck crypto community: the VanEck Community NFT. Historical performance is not indicative of future results. This initiative involves the release of 1,000 VanEck NFTs and is designed to showcase the real-world utility inherent in the NFT structure. VanEck assumes no liability for the content of any linked third-party site, and/or content hosted on external sites. This is the only festival covering all sides of blockchain, crypto, Web 3 and the metaverse. Historical performance is not indicative of future results. OpenSea is an NFT platform that controls about 98% of the NFT market. 2022VanEck. If you have difficulty accessing any feature or functionality on the VanEck website, please feel free to call us at 800.826.2333 or email us at info@vaneck.com for assistance. Additional unique experiences and events will be determined by the unique traits of the PFP (Picture for Profile) that each VanEck Community NFT member holds. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. Everyone new to the space likes to use art as an example to define what NFTs are. Non-VanEck proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. VanEck to Launch Community NFT Collection Godfrey Benjamin May 03, 2022 03:45 2 Min Read As of March 31, 2022, VanEck managed approximately $85.5 billion in assets, including mutual funds, ETFs and institutional accounts. These NFTs provide unique access to benefits and focus on the community. Cryptocurrencies are not covered by either FDIC or SIPC insurance. For those new to the world of crypto and NFTs, VanEck has published a helpful guide that provides a step by step approach to setting one up. hUmO0+qI$TjLBZdK |SB2ir-? The securities/ financial instruments discussed in this material may not be appropriate for all investors. Cryptocurrencies are not covered by either FDIC or SIPC insurance. To receive more Digital Assets insights, sign up in our subscription center. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEcks passive strategies. You did not pay any consideration, monetary or otherwise, for the NFTs. The initial plan was to release the NFTs via airdrop to the first 1,000 people who signed up on the VanEck portal, but due to its popularity a waitlist has been created. 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