Hot Wheels and WAX partner to release NFTs

Hot Wheels is offering redeemable NFTs tied to its physical replicas in four levels of scarcity for fans to collect.
June 29, 2022 - Cynthia Chung

Hot Wheels, one of the biggest toys of the last fifty-three years, is teaming up with The Worldwide Asset eXchange WAX blockchain to provide three unique NFTs from its Hot Wheels NFT Garage series 3. This collaboration is made possible through Mattel Inc. 

 

The series of 40 NFT Hot Wheel designs will feature three vehicles from Hot Wheels’ coveted ‘The First Editions’ collection that comes with animated packaging. They’re available in standard 4-card and premium 10-card packs and offer distinct designs ranging across four levels of scarcity, including: Base, Rare, Premium, and NFTH (Treasure Hunt). The starting price of the NFTs is set at US$ 15 and available from November 16, 2022.

Over 5,000 NFTs will be redeemable for a physical replica of Hot Wheels, with each holder entitled to a 5% chance of landing on a special vIRL (virtual + In Real Life) token.

‘Hot Wheels is excited to offer limited, unique and sustainable NFTs with our latest Garage of Legends series. Collectors will have a chance to obtain exclusive physical die-casts vehicles and importantly, the NFTs will be minted on the sustainable WAX blockchain,’ said Andrew Chan, Head of Digital Gaming at Mattel.

The upcoming drop of Hot Wheels NFTs requires fans to create a WAX Cloud Wallet at wallet.wax.io ahead of the NFT drop on hotwheelsnftg.io.

 

Photo: Mattel

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