For its project, the American beverage company has chosen to partner with the South African artist Rich Mnisi to create NFTs supporting the LGBTQIA+ community. “Collectables have a unique share and reveal feature where each artwork reveals itself after being shared with a friend,” we explain on the side of Polygon Studios.
Note that already last year, Coca-Cola would have created more than 4,000 digital objects to collect, starting from the International Day of Friendship 2021. The company assures that it will continue to learn in ” this rapidly evolving space thanks to limited edition collectibles launches linked to key cultural moments “. This last part suggests that other similar initiatives could still emerge, on Polygon or elsewhere.
Important publicity for Polygon
As far as Polygon Studios is concerned, the profit from this whole Coca-Cola business operation is related to the recording of NFTs on Polygon. Coca-Cola is one of the biggest brands in the market, and the choice to hit its NFTs on the Polygon-MATIC network is a boon and considerable publicity for this project.
The massive visibility that Polygon will get from this collaboration could indeed allow the price of the MATIC token to gain some points in the markets. According to Government Capital forecasts, MATIC could trade above $3.7 by 2023, and hit $20 in five years. For its part, Wallet Investor is a little less optimistic and expects the value of the token to drop to $0.035 by July 2023.
💎 Receive your Free Crypto Watch
🔥 Receive as a Bonus your Free Guide “Find the future Nuggets”: Learn how to analyze cryptos like a pro, avoiding Red Flags and Scams, to start or continue your Adventure in the world of cryptocurrency.