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Artist Alec Monopoly’s collection “Rags to Richie” is the first project to debut publicly on HyperMint. HyperMint, MoonPay’s newly launched platform, enables companies, agencies, and brands to create, manage, as well as mint their own NFTs. Not only that, HyperMint will be the exclusive minting partner of the Alec Monopoly’s Rags to Richie NFT collection. Leading NFT art curator NFTGrails is also involved in the project.
The Rags to Richie collection consists of 10,000 unique NFTs with characteristics and backgrounds drawn by Monopoly. The NFTs provide utility; holders have the opportunity to engage in a play-to-earn NFT game, a metaverse club and a digital art gallery. In addition, holders gain access to in-person events and more than $1 million in prizes.
In addition to the NFT collection, Alec Monopoly has also partnered with JOYSTICK. Through this collaboration, Monopoly will create an immersive SandBox Club and Metaverse Art Gallery that showcases the Rags to Richie artworks. This includes plans to feature Monopoly performing a live DJ set in The Sandbox’s Rags to Richie space.
The HyperMint platform will support Monopoly’s focus on weaving utility into the creativity and dynamism of the collection. This is advantageous for artists such as Alec Monopoly, as HyperMint allows creators to own the intellectual property of their NFTs and scale their NFT collection without any additional problems.
HyperMint helps creators market their ideas quickly – without needing third-party developers. According to MoonPay, HyperMint has the ability to mint hundreds of millions of utility NFTs a day. The company also envisions HyperMint playing the same role as Amazon’s cloud computing service Amazon Web Service (AWS) in web3.
“This partnership between HyperMint and Alec Monopoly is a blueprint for the next phase of NFTs. Alec’s development of the ‘Rags to Richie’ collection is a seamless blend of artistry and utility and unlocks a new path for audiences to create, explore, and play with art,” said Ivan Soto-Wright, CEO of MoonPay. “We’re excited to work together and continue leading the NFT space forward.”
MoonPay’s other crypto-related products include NFT Checkout and MoonPay Concierge. With more than 450 partners and available in 160 countries, HyperMint is only a matter of time before it becomes developers’ go-to web3 tool.
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Janelle is a freelance content writer with a passion for all things related to music, marketing and tech. She looks forward to bringing you more news relating to the fast-paced world of Crypto and NFTs from her home office in Brighton.
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