- The collection is dubbed Bat Cowl, and it comprises 200,000 NFTs.
- Each NFT in the collection will feature a unique 3-D rendition of Batman’s cowl.
- The Bat Cowl NFT collection will drop on April 26, and each piece is going for $300.
Palm NFT Studio, which partnered with DC last year for DC FanDome NFTs, has teamed up with DC again, this time to launch Bat Cowl, a Batman-themed NFT collection. DC revealed this news through a blog post yesterday, noting that the collection will drop on April 26. Collectors holding DC FanDome NFTs will get exclusive access to the Bat Cowl pre-sale.
According to the blog post, The Bat Cowl collection comprises 200,000 NFTs going for $300 apiece. Each NFT will feature a unique 3-D rendition of Batman’s famous mask (cowl). Reportedly, the digital collectibles will come with two years of guaranteed benefits and are launched at a peak time, with NFT searches online exceeding those for cryptocurrency.
The companies will draw from Batman’s 83-year comic book legacy to create the collection. Even so, 200,000 is a large number. To this end, the companies have designed the NFTs to feature a variety of color combinations, styles, and mask shapes.
Jim Lee, DC’s Publisher and Chief Creative OfficeWhile Batman is one of the world’s most iconic Super Heroes, garnering hundreds of millions of fans all around the globe—his appearance has changed and shifted over the past 83 years.
He added that this collaboration would help DC continue with the evolution of the Bat Cowl by introducing it to the digital world. Lee believes this move will help make the cowl become more accessible and engaging. According to him, the wide selection of carefully curated colors, textures, and upgrades is guaranteed to satisfy the distinct tastes of Batman fans.
Forecast NFT Adoption
The announcement fits a growing trend for NFT adoption around the world – with The Phillippines, Thailand and Malaysia leading the way for forecasted adoption.
| Country | Forecast NFT Adoption |
|---|---|
| The Phillippines | 41.5% |
| Thailand | 34.5% |
| Malaysia | 34.4% |
DC creates a two-year roadmap to increase Bat Cowl’s utility
Bat Cowl NFT holders will enjoy a plethora of benefits, including a private DC Universe fan forum featuring behind-the-scenes content, select fan events, physical collectibles, and merchandise, to mention a few.
DC and Palm NFT Studio have already developed a two-year roadmap, which seeks to increase utility for Bat Cowl holders in multiple fields. These include augmented reality, metaverse integration, and expanded wallet capabilities.
Matt Mason, Palm NFT Studio’s Chief Content OfficerThis drop represents a watershed moment for NFTs. The Bat Cowl Collection brings digital social objects to a new audience, showcasing what NFTs can be, what they can do, and how they can be used to tell stories in new ways.
Reportedly, DC chose to work with Palm NFT studio because it can build infrastructure that matches its ambitions. DC also touted the studio’s reputation, saying it spearheaded the creative development of NFTs alongside 3-D design studio Daz3D, which is best known for deploying and supporting projects like CloneX by Murakami and RTFKT.
What does NFT stand for?
NFT stands for Non Fungible Token – this is effectively a unit of data, or unique file, stored on a blockchain. These can be traded and sold, with contracts built in.
Are NFTs a scam?
NFTs themselves are not a scam but there are definitely scams circulating around them. Equally, there can be certain collections that are pumped and hyped by influencers that then rug pull when the price rises. These are two things to watch out for in the NFT space.
