The Summer Olympics 2024 in Paris will soon begin, and to mark the occasion, digital pin NFTs featuring the official mascot have been launched on Base. This initiative was announced by nWay, a division of Animoca Brands specializing in Web3 technologies.
The release is part of two major campaigns: My Olympic™ Rewards and Coinbase’s Onchain Summer. These digital collectibles aim to capture the excitement and energy of the Olympic Games while leveraging blockchain technology.
Paris 2024 Olympics: Mascot NFTs on Base
The NFTs, developed by nWay, represent digital versions of the Paris 2024 mascot pins. They are designed to celebrate the Olympic spirit and offer fans a modern, collectible experience.
Two distinct designs are available, each with two rarity levels: Epic and Legendary.
- Design A: The mascot is shown waving; available in both Epic and Legendary tiers.
- Design B: The mascot holds a flag; also available in Epic and Legendary versions.
How to Claim the Paris Olympics NFTs on Base
Several methods are available for users to claim these digital pin NFTs. The claiming period began on July 9 and will continue until August 12. Participants need to visit the Magic Eden platform to request and redeem their NFTs.
- Supporters of OGJ and VTG can acquire all four pin designs.
- Through minting on Magic Eden, users can obtain Legendary B or Epic A pins.
- The nWayPlay and Olympic Games Jam communities will receive an exclusive Legendary waving mascot pin.
- Users can also redeem Epic B pins via My Olympic™ Rewards by using points earned through the program.
Community members from OGJ and NWP can join a whitelist before July 23 by following instructions sent via email. To receive the NFT, users must have a cryptocurrency wallet that supports the Base blockchain.
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Understanding Base: The Layer-2 Blockchain
Base is a major Ethereum layer-2 solution designed and developed by Coinbase. It aims to make transactions faster and more affordable while maintaining security and scalability.
Coinbase, the largest crypto exchange in the United States, is actively involved in this initiative. The Onchain Summer campaign, which started last year, encourages creators to launch projects on Base. This technology enables direct, low-fee transactions, full ownership of digital assets, and stronger community engagement.
Jesse Pollak, creator of Base, expressed his enthusiasm:
“We are more than excited about the launch of the Paris 2024 Olympic Games mascot NFT digital pins as part of Onchain Summer. This drop captures the innovative spirit of Onchain Summer, offering not only a piece of Olympic history but also showcasing the potential of Onchain technology to bring brands closer to their fans.”
The 2024 Olympics and Digital Innovation
Under the Olympic Agenda 2020+5, the International Olympic Committee (IOC) has launched a global licensing program to strengthen and promote the Olympic brand. Key initiatives include:
- The Olympic Collection: Features branded products like clothing, toys, games, and sports equipment aimed at younger audiences.
- The Olympic Heritage Collection: Celebrates the art and design of previous Olympic Games.
- Game-Specific Collections: Dedicated to upcoming events such as Paris 2024, Milano Cortina 2026, and LA28.
Official merchandise, including collectibles and souvenirs, is available on the Olympic Shop website.
About nWay and Animoca Brands
nWay is a subsidiary of Animoca Brands, a leading publisher and developer of multiplatform games. The company has a strong track record in delivering high-quality games for mobile and console platforms.
Notable titles include:
- Wreck League
- Power Rangers: Battle for the Grid
- Power Rangers: Legacy Wars
- Olympic Games Jam: Beijing 2022
- ChronoBlade
nWay comprises experienced developers and executives with decades of experience in the video game industry.
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Frequently Asked Questions
What are the Paris Olympics mascot NFTs?
These are digital collectible pins featuring the Paris 2024 mascot, issued as NFTs on the Base blockchain. They come in two designs and two rarity levels.
How can I claim these NFTs?
You can claim them through Magic Eden or My Olympic™ Rewards using a supported crypto wallet. The claiming window is open until August 12.
What is Base?
Base is an Ethereum layer-2 blockchain developed by Coinbase. It offers fast, low-cost transactions and supports various decentralized applications.
Do I need special hardware or software to participate?
You only need a cryptocurrency wallet compatible with the Base network. No specialized hardware is required.
Can I trade or sell these NFTs?
Yes, like most NFTs, these digital pins can be traded or sold on compatible marketplaces once claimed.
Are there any costs involved?
While claiming may be free for eligible users, standard blockchain transaction fees (gas fees) may apply depending on network congestion.