- IPX launches a total of 13,333 PFP (Profile Picture) NFT projects by digital artist WADE through CRIPCO (CRIPCO), a global blockchain and NFT company... Launched for over a year with the introduction of INO (Initial NFT Offering), a bucket auction sales method for companies and individuals for the first time in the industry

- Famous global Web 3.0 companies such as Animoca Brand, Chiru Labs, and Superwork participated in the first private auction (Private Auction), which was held for 5 days from February 22, focusing on industry interest... PFP NFTs will be showcased every week for individuals starting on the 28th

- As of January of this year, the price of the Wade membership NFT “WADE F&F,” which was launched two years ago, has increased by about 240 times compared to the first minting price, proving that authentic IP activities lead to an increase in the value of NFTs... 'WADESIDE' also attracted attention as the “most anticipated PFP NFT of the year” by major overseas NFT alpha groups and communities even before its launch

- Maximizing the value of WADE IP as a digital artist in Web 3.0 beyond IPX and Web 2.0... It is expected to be a project where IP and fans grow together by providing benefits for character IP through PFP NFTs

[February 28, 2024] Digital IP entertainment company IPX (formerly LINE FRIENDS) announced on the 28th that it has launched the first PFP (Profile Picture) NFT project “WADESIDE (WADESIDE)” through the global blockchain and NFT company CRIPCO (CRIPCO).

IPX launched the Wade membership NFT “WADE F&F” in September 2022, and while building cohesion and trust through close communication with holders, they are steadily implementing activities suited to Wade's unique identity as a digital artist, and the NFT price gradually rises even in a rapidly changing market situation, and the standard price for January of this year increased by about 240 times compared to the initial minting price, and has become a hot topic of conversation. Unlike other NFTs, despite the crypto winter, the fact that NFT prices have maintained an unusually steady rise since launch is an assessment that IPX's belief that continuous and authentic IP activity will naturally lead to an increase in IP's NFT value has been proven as a result.

This time, “WADESIDE” is an NFT in the form of a profile picture (PFP) created by digital artist Wade based on Ethereum, and a total of 13,333 items will be issued sequentially over a year. In particular, it was the first in the industry to introduce a new type of INO (Initial NFT Offering) method, and adopted a bucket auction (bucket auction) sales method for not only individuals but also companies, and unlike existing NFTs, it is being held on a weekly basis over a period of 1 year, causing fresh repercussions.

IPX completed pre-sale of 1,916 NFTs in a private auction (Private Auction) format to companies and whitelists for 5 days starting February 22. World-famous Web 3.0 companies and projects such as Animoca Brand, Azuki (Chiru Labs), Sappy Seals (Sappy Seals), Mocha Bus, Superwork, and Phaver (Phaver) participated in the auction, demonstrating the industry's keen interest by recording the biggest recruitment results over a period of 5 days. After that, with the exception of some NFTs that were airdropped for existing Wade membership NFT “WADE F&F” holders, the remaining NFTs will be sold as a weekly auction (Weekly Auction) for 43 weeks to general individuals starting on the 28th.

Since many highly reliable companies participated in the “WADESIDE” pre-sale, and major NFT-related alpha groups and communities within Discord and X (formerly Twitter) attracted interest as the “most anticipated PFP NFT of the year” even before launch, it is expected that sales to the general public will also achieve significant results.

An IPX official said, “I would like to emphasize that IPX sees the NFT business as part of the IP business to continuously improve the value of IP, rather than as a means to obtain shiny profits. From that point of view, we want to deliver maximum value as an NFT by expanding Wade IP, which has been gaining influence by communicating with fans in the music, fashion, and art world, to Web 3.0,” he said. “I expect 'WADESIDE' to benefit fans who have recognized Wade's value as an artist with unique and scarce PFP NFTs, and it will be a project where IP and fans grow together.”

Meanwhile, Wade has had impressive collaborations with famous fashion brands such as Peace Miners One, St. Michael's, and Valentino across virtual and reality. In addition, she has demonstrated her influence online and offline as a digital artist, including a pop-up (IRL) event for 'WADE F&F' holders and business partners, as the first virtual artist at a Leica photo exhibition, and as a digital ambassador for Sneaker's Unboxed Seoul. Starting with participating in the AIRLESS GEN1 brand campaign with NBA official manufacturer WILSON (WILSON) this year, Wade will release digital music, participate in cultural and art festivals, and present collaborations with famous brands in various fields.

More information about “WADESIDE” can be found on the official website (mint.wade.club).