Allied Esports, a global esports entertainment company and a subsidiary of Allied Esports Entertainment, Inc. (NASDAQ:AESE), has announced that it will join the burgeoning NFT market this week with the sale of its first collection, EPICBEAST. With a unique roadmap featuring access to Allied Esports-backed events and future metaverse experiences, royalties on collectible sales, customizable merchandise and monthly community live streams, EPICBEAST will deliver utility and value to holders from day one.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220322005456/en/
EPICBEAST is a collection of 8,591 NFTs on the Ethereum blockchain from Allied Esports that are inspired by popular gaming characters. (Graphic: Business Wire)
Inspired by gaming characters past and present, EPICBEAST will feature 8,591 unique tokens that will be minted on the Ethereum Blockchain during a two-day presale starting on Friday, March 25. Any remaining EPICBEAST NFTs will be made available in a public sale on Sunday, March 27.
NFTs (non-fungible tokens) have shown rapid growth and popularity over the past year. According to a DappRadar industry report, NFT sales volumes totaled approximately $24.9 billion in 2021 compared to around $94.9 million in 2020. To start 2022, OpenSea, the world’s first and largest NFT marketplace, topped $5 billion in trading volume for the month of January, the highest sales figure of all time.
The increase in popularity has been driven by significant trends in the market, including celebrity endorsements, collectibles, play-to-earn games and VIP events, all centered around building communities and offering value to token holders.
“At the core of our success has been our ability to grow and reward the gaming communities that we continue to serve every day,” said Jud Hannigan, CEO of Allied Esports. “EPICBEAST is a natural extension of what we’ve been doing for the past seven years and allows us to leverage the benefits of digital ownership and the next generation of the web in a way that creates immense pride in community membership. We have incredible confidence in not only delivering on our roadmap but integrating EPICBEAST holders into our future plans and success.”
EPICBEAST’s Stage 1 roadmap is highlighted by the June launch of a line of collectible figurines based on select NFTs from the collection. Holders of EPICBEAST NFTs that share traits with the collectible figurines will receive royalties from each sale that takes place worldwide as 100% of profits are delivered back to the community.
In addition, EPICBEAST holders will receive customizable merch, including an initial drop at no cost; access to a VIP welcome party at HyperX Arena Las Vegas and other IRL events; and a monthly Twitch show, produced by Allied Esports, dedicated to the EPICBEAST community.
To participate in the presale, interested buyers will need to join the “BEASTLIST” through the EPICBEAST discord server. Official links, price structure and additional information can be found at EPICBEAST.io.
