Street Artist Alec Monopoly, Hypermint Collaborate On NFTs: What You Need To Know

Zinger Key Points
  • The collection centers on a new character created by Monopoly, combining elements of his most popular subjects with 10,000 unique NFTs.
  • The MoonPay CEO says the partnership is a blueprint for the next phase of NFTs.

NFT platform Hypermint and NFT art curator NFTGrails on Tuesday announced a partnership to launch "Rags to Richie," New York-based street artist Alec Monopoly's NFT collection.

The Rags To Richie NFTs: HyperMint, a new self-service platform from MoonPay, will serve as the minting partner for the NFT collection.

Utilities include Street art, metaverse club and in-person events.

The Rags to Richie collection provides the utility with a street-art, play-to-earn NFT game, a metaverse club and Digital Art Gallery, in-person exclusive events and over $1 million in giveaways and prizes to holders as part of its initial plans.

The collection centers on a new character created by Monopoly, combining elements of his most popular subjects with 10,000 unique NFTs featuring traits and backgrounds hand-drawn by Monopoly.

Monopoly has also partnered with JOYSTICK to create an immersive SandBox Club and Metaverse Art Gallery to exhibit Alec's Rags to Richie art. A major event featuring Monopoly doing a live DJ set in Sandbox in the Rags to Richie space will take place after the collection launches.

Blueprint For Next Phase Of NFTs: Ivan Soto-Wright, CEO of MoonPay said the partnership between HyperMint and Monopoly is a blueprint for the next phase of NFTs, adding that the artist's development of the Rags to Richie collection is a seamless blend of artistry and utility and unlocks a new path for audiences to create, explore and play with the art.

"Ivan and the HyperMint team are dear friends and at the forefront of Web3 innovation," said Avery Andon, CEO of NFTGrails. "It's an amazing benefit for the Rags to Richie NFT to partner with HyperMint for a safe, secure, and seamless minting experience."

Monopoly said: "I'm excited to open the project beyond just the crypto community, with HyperMint's ability to easily accept credit cards and ensure this mint is smooth and secure." 

Posted In: Alec MonopolyHypermintmetaverseNFTCryptocurrencyMarkets

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.