GQ Magazine to Release its First-Ever NFT Collection "GQ3 Issue 001: Change Is Good"
Men's fashion magazine GQ has unveiled its first non-fungible token (NFT) collection with 1,661 algorithmically-generated pieces. The NFTs will include real-life benefits like tokenized access to the magazine subscription, meetings & events, and exclusive products.
The collection dubbed "GQ3 Issue 001: Change Is Good" will feature artwork from Chuck Anderson, Serwah Attafuah, Kelsey Niziolek, and REO. Each artist designed more than 100 "traits," which were then merged algorithmically to generate the collection's pieces. The final collection was then hand-curated by the artists.
Holders will get a magazine subscription, a merchandise box, unique GQ3 goods, and a ticket to a GQ3 party in New York City. Users will also have access to a private section of the GQ3 Discord and future NFT releases.
The NFTs cost 0.1957 ETH (about $340 apiece) and are priced according to the year the magazine was founded. The collection mint will be available to allowlist members who are active in GQ's Discord on March 8th, before it goes public.
NFTs may be integrated with almost anything, making the technology relevant in a variety of industries and sectors, including print media. Although the growth of Web2 impacted magazine subscriptions, Web3 technologies may assist to recover some of that revenue.
Later in March, we'll check back to see how GQ's debut NFT mint performed. If it is successful, we anticipate that it won't be the last. Here at NFT Drops Calendar, we’ll keep an eye out for any development in the story.