The team behind Pantheon: Rise of the Fallen is selling unique assets as NFTs to help fundraise for the game.
If you’re unfamiliar with what an NFT is, it’s an abbreviation for non-fungible token. In the most basic of explanations, you can effectively “mint” unique digital items, like digital art, on a blockchain. This item then becomes non-interchangeable. You can then buy and sell that NFT (item) just like a physical asset. However, you’ll purchase and sell that NFT using cryptocurrency.
The team behind Pantheon, it seems, are doing just that as was announced in a Tweet earlier,
“Pantheon's #NFT Fundraising Site is now live with unique collectibles (no in game items). Own a piece of Pantheon history. All proceeds go directly to development.”
In the linked URL, you’ll be able to see the newly minted assets from the team. It’s important to note that the prices listed are for Ethereum. For example, as of this writing, the current asset on auction has a minimum bid of 0.14 ETH, or roughly $253.
Reaction to this news has been mostly negative. In fact, the replies to the original Tweet include some alleged backers who don’t like this direction,
I have to be honest as a backer and promoter of years and years and years.This isnt a good look.— Tugboet (@Tugboet) March 29, 2021
Another reply asks the team behind Pantheon to reconsider,
Please don't do this. It looks highly unprofessional and a bit desperate. I'm a high paying backer like a lot people here, and just think this looks really bad. Please reconsider.— JaydenMcCross On Twitch (@JaydenMcCross) March 29, 2021
What are your thoughts on fundraising by selling NFTs of unique collectibles? Sound off with your thoughts below.