Crypto startup deal with ViacomCBS could lead to SpongeBob and South Park NFTs

RECUR is the NFT company backed by billionaire hedge funder Steve Cohen, announced Wednesday plans with media giant ViacomCBS to create a platform for trading NFTs tied to the firm’s brands and franchises. 

Founded by Zach Bruch and Trevor George, RECUR gatecrashed the crypto scene after it reached a $333 million valuation from a funding round led by an investment firm backed by Steve Cohen.

RECUR is trying to stand out in a crowded space by striking licensing deals with corporates to create NFT marketplaces tied to specific brands.

RECUR plans to launch the ViacomCBS platform in the spring of 2022, according to a press release. Recur plans to take a “chain-agnostic approach” and accept payments via debit and credit card.

ViacomCBS has a wide-ranging portfolio, including MTV Nickelodeon, and Comedy Central — opening the door to NFTs tied to brands like SpongeBob and South Park. A spokeswoman declined to comment on how RECUR will prioritize brands as well as details around the economics of the deal.

“Fueled by beloved characters and iconic properties with multi-generational appeal, we are thrilled to accelerate our consumer products presence even further into the growing metaverse,” commented Pam Kaufman, president of ViacomCBS consumer products. “In teaming up with RECUR to create an NFT platform dedicated to ViacomCBS IP, voracious collectors and first-time NFT buyers alike will find unique opportunities to own a piece of their favorite franchises.”


ArtWallet joins Fantom Ecosystem

ArtWallet joins the rapidly growing basic Blockchain, Fantom Ecosystem, to become the ultimate part of the Fantom NFT space. ArtWallet is a perfect product-market fit to the Fantom ecosystem. Supporting Fantom…

Overdrive – Beta Launch

The beta will be loaded with challenges aimed at increasing recognition of the Overdrive protocol and its partners. This can be anything from “like a tweet/create a tweet” to “enter…

Beefy Finance New Vaults From Beethoven Fantom

Beefy Finance New Vaults From Beethoven Fantom. Users can now Deposit their following LPs to earn rewards. Fantom Of The Opera wFTM-USDC LP The Grand Orchestra wFTM /…

BTC Dominance: 46.17%
ETH Dominance: 18.85%
Defi Market Cap: $136.44B
ETH Market Cap: $482.65B
Defi to ETH Ratio: 28.27%
Defi Dominance: 5.11%
Total Market Cap: $2561.6B
Altcoin Market Cap: $1378.98B
Total Trading Volume 24h: $128.85B
Altcoin Volume 24h: $82.37B
Total Cryptocurrencies: 12967
Active Cryptocurrencies: 6703
Active Market Pairs: 47484
Active Exchanges: 419
Total Exchanges: 1503
Share via
Copy link