What you should know about Bubbleworld NFT and Founders Pass

The non-fungible token (NFT) space is buzzing with new launches. Recently, tennis star Coco Gauff was in the news for her NFT collection launched on the Autograph platform. Before this, popstar Madonna and artist Beeple came together to launch NFTs for a charitable purpose.

The latest addition to the list is ‘Founders Pass’ by Bubbleworld. What is Bubbleworld and what is its Founders Pass, let us explore.

What is Bubbleworld?

Bubbleworld is said to be an NFT collection, with special access to assets via the Founders Pass. This pass is being projected as the “golden ticket” into the Bubbleworld’s curated NFT collection. It is being claimed that the holders of the pass will have “whitelist” access to assets. Besides, they will be provided tokens of the NFT social marketplace Bubblehouse.

Holders of Bubbleworld’s Founders Pass will get benefits like minting discounts and reduced trading commission. Apart from the Founders Pass, there are executive and supreme passes with some additional perks for holders.

Also read: Fake heiress Anna Sorokin to launch her NFTs: What you should know

Bubbleworld NFT minting

Bubbleworld’s Founders Pass is being minted on Bubblehouse, which states the public sale will be held on June 18. The creation date is mentioned as June 16.

Bubblehouse is a Polygon blockchain-based NFT marketplace, which claims to be carbon-neutral. It provides NFT minting and listing services to creators.  Bubblehouse asserts it is very easy to mint any digital asset using its platform.

Is Bubbleworld NFT safe?

Bubbleworld has launched a Founders Pass that it says will give access to other NFTs. As stated earlier, stars like Madonna and Gauff have already jumped on the NFTs bandwagon However, this year has not been very rewarding. The collection by Madonna could not fetch very high bids like Beeple’s other artworks. Also, criticism has grown louder ever since the bears entered the cryptoverse. Recently, Bill Gates remarked that both cryptos and NFTs are based on the greater fool theory.

Previously, Beeple’s works have sold for millions of dollars. Bubbleworld is a new entrant, and nothing can be said about its success or failure. Notably, Japanese artist Takashi Murakami has also said “sorry” to the holders of his NFTs as these assets are reeling under “stagnant” prices.

Also read: What’s on the cards for cryptocurrencies? End of the road or new start?

Bottom line

The Founders Pass launched on Bubblehouse is said to be the golden ticket to get access to the NFT collection of Bubbleworld. The public sale is yet to begin. It is better for enthusiasts to go for proper due diligence ahead of making any decision.

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