In a Medium post, DC Universe, a subsidiary of Warner Bros., announced that it would be launching NFT comics. It started with an edition of Batman: The Legacy Cowl #1 on October 25th to Batman NFT holders and will continue with a public sale of the Superman #1 comic on October 27th.
The Superman #1 digital comics will appear in two formats: Modern and Legacy. And each category will have corresponding levels of rarity, from common to legendary. In the modern version of the digital comic, the levels of rarity will denote which cover the NFT comic has. In the legacy version of the digital comic, the levels of rarity will correspond to the wear-and-tear on the comic.
For instance, common versions of the legacy NFT comic will have a more “worn” look, while legendary versions of the legacy NFT comic will be in more pristine condition. While the initial Batman NFT drop contained 200,000 NFTs, the Superman #1 NFT comic drop will have just 3,000 put up for sale.
Experts consider the Superman #1 comic one of the rarer comics in history. According to Quality Comix, the G.D. 2.0 version has a price point of $125,000, while the record sale went for $456,000. DC released the first edition of Superman #1 in 1939. The comic is not the first appearance of Superman. That occurred in Action Comics #1, which has a considerably higher price point.
To release the digital Superman #1 NFT comics, DC Universe has partnered with The Palm Network. On its website, The Palm Network touts its blockchain, stating it uses 99.9% less energy than traditional proof-of-work blockchains like Bitcoin. The Palm Network has partnered with artist Damien Hirst, among others, for NFT projects.
DC Comics Has Been Busy in Web3 in 2022
DC Comics has experimented in Web3 quite a bit in 2022, from launching vinyl toy collections with NFT components to preparing to sell NFT comics. Here are three stories involving the legendary comic book company and Web3 this year.
First, there is Warner Bros. partnership with Funko, a leading lifestyle brand. The two companies partnered to launch a collection of toys based on DC Comic superheroes. In a Web3 twist, users could apply to receive a digital twin of their toy minted on the blockchain WAX.
Second, there is DC Comics’ Batman Cowls NFTs. Seven months ago, DC revealed that it would launch a collection of 200,000 Batman Cowls NFTs at a price point of $300 per NFT. DC stood to make $60 million if the collection sold out.
Third and finally, there are the DC Comics NFT trading cards. Seven months, DC Comics shared that it planned to create 6 million physical trading cards based on its superheroes. The trading cards came with an NFT version through the Hro app.
DC Comics launching comic digital collectibles is big news, as it shows the company is continuing to expand into the NFT space. Here at Rarity Sniper, we’ll pay close attention for further developments in the story.