Understanding Funkos NFT System: A Beginners Guide

Understanding Funkos NFT System: A Beginners Guide

The Three Main Components

1. Physical Redeemable POPs

  • <span style="color: #000000">Exclusive Funko POP! vinyl figures</span>
  • <span style="color: #000000">Cannot be purchased in stores</span>
  • <span style="color: #000000">Only obtainable through NFT redemption</span>
  • <span style="color: #000000">Often feature unique designs or variants</span>
  • <span style="color: #000000">Ship 6-8 months after redemption</span>
  • <span style="color: #000000">Limited quantities (typically 500-2000 pieces)</span>
  • <span style="color: #000000">Examples: Blacklight Bebop, Freddy Funko as Krang</span>

2. Digital NFT Cards

  • <span style="color: #000000">Virtual collectible cards you can buy in packs</span>
  • <span style="color: #000000">Animated 3D designs that rotate when viewed</span>
  • <span style="color: #000000">Different rarity levels:</span>
  • <span style="color: #000000">Common (basic cards)</span>
  • <span style="color: #000000">Uncommon (slightly rarer)</span>
  • <span style="color: #000000">Rare (harder to find)</span>
  • <span style="color: #000000">Epic (very limited, needed for sets)</span>
  • <span style="color: #000000">Legendary (can be redeemed for physical POPs)</span>
  • <span style="color: #000000">Grail (rarest, most valuable redeemables)</span>
  • <span style="color: #000000">Cards are stored in your Drop account</span>
  • <span style="color: #000000">Can be traded on Atomic Hub marketplace</span>

3. Virtual Redemption Coins

  • <span style="color: #000000">Special digital tokens that appear after &quot;snapshot&quot; period</span>
  • <span style="color: #000000">Replace your Legendary/Grail cards when redemption starts</span>
  • <span style="color: #000000">Used to claim your physical POP</span>
  • <span style="color: #000000">Must be redeemed within specific timeframe</span>
  • <span style="color: #000000">Become &quot;burned&quot; (unusable) if not redeemed in time</span>

How The System Works

  1. <span style="color: #000000">Buying Packs</span>
  • <span style="color: #000000">Purchase digital card packs through Drop platform</span>
  • <span style="color: #000000">Standard Packs ($9.99): 5 cards</span>
  • <span style="color: #000000">Premium Packs ($30.00): 17 cards</span>
  • <span style="color: #000000">Better chances of redeemables in Premium Packs</span>
  1. <span style="color: #000000">Opening Packs</span>
  • <span style="color: #000000">Digital cards revealed one at a time</span>
  • <span style="color: #000000">Cards automatically stored in Drop account</span>
  • <span style="color: #000000">May also receive bonus digital coins</span>
  • <span style="color: #000000">Look for Legendary or Grail cards for physical POPs</span>
  1. <span style="color: #000000">Snapshot Process</span>
  • <span style="color: #000000">After pack opening period ends</span>
  • <span style="color: #000000">Legendary/Grail cards convert to redemption coins</span>
  • <span style="color: #000000">Coins appear in your Drop account</span>
  • <span style="color: #000000">Cards must be in Drop (not Atomic Hub) for conversion</span>
  1. <span style="color: #000000">Redemption Process</span>
  • <span style="color: #000000">Use redemption coins to claim physical POPs</span>
  • <span style="color: #000000">Enter shipping information</span>
  • <span style="color: #000000">Pay shipping if outside US</span>
  • <span style="color: #000000">Wait 6-8 months for delivery</span>

Additional Features

Royalty Sets

  • <span style="color: #000000">Complete collection of common through epic cards</span>
  • <span style="color: #000000">Does NOT include Legendary/Grail cards</span>
  • <span style="color: #000000">Can be redeemed for exclusive Freddy Funko POP</span>
  • <span style="color: #000000">Each series has unique Freddy variant</span>
  • <span style="color: #000000">Requires one of every card type except Legendary/Grail</span>

Trading System

  • <span style="color: #000000">Cards can be bought/sold on Atomic Hub</span>
  • <span style="color: #000000">Prices vary by rarity and demand</span>
  • <span style="color: #000000">Commons/Uncommons typically under $1</span>
  • <span style="color: #000000">Epics often $10-15</span>
  • <span style="color: #000000">Legendary cards $50-250+</span>
  • <span style="color: #000000">Grail cards $200-400+</span>

Getting Started

  1. <span style="color: #000000">Create Accounts</span>
  • <span style="color: #000000">Sign up for Drop (main platform)</span>
  • <span style="color: #000000">Create Atomic Hub account (for trading)</span>
  • <span style="color: #000000">Link accounts if needed</span>
  1. <span style="color: #000000">Understand Pack Types</span>
  • <span style="color: #000000">Standard: Lower cost, fewer cards</span>
  • <span style="color: #000000">Premium: Higher cost, better odds</span>
  • <span style="color: #000000">Consider starting with Premium for better chances</span>
  1. <span style="color: #000000">Learn Card Types</span>
  • <span style="color: #000000">Study rarity levels</span>
  • <span style="color: #000000">Understand which cards are redeemable</span>
  • <span style="color: #000000">Know current values of different cards</span>
  1. <span style="color: #000000">Track Important Dates</span>
  • <span style="color: #000000">Pack release times</span>
  • <span style="color: #000000">Snapshot periods</span>
  • <span style="color: #000000">Redemption windows</span>
  • <span style="color: #000000">Shipping estimates</span>

Value and Collecting Tips

  • <span style="color: #000000">Physical POPs from NFTs are typically more valuable than regular retail POPs</span>
  • <span style="color: #000000">Unredeemed coins reduce total quantity, increasing rarity</span>
  • <span style="color: #000000">Some series more popular than others (TMNT, Marvel, etc.)</span>
  • <span style="color: #000000">Consider collecting both digital cards and physical POPs</span>
  • <span style="color: #000000">Watch secondary market for price trends</span>
  • <span style="color: #000000">Don&#039;t miss redemption windows</span>