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NFT News

Forbes and OKX Wallet Launch Exclusive NFT Membership

Forbes expands its Web3 presence with OKX Wallet partnership, offering exclusive digital access through the Forbes Legacy Pass NFT.

Written By Kelvin Munene
Fact Checked by Jahnu Jagtap
Published August 29, 2024 9:52 PM·Updated 2 years ago
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Forbes and OKX Wallet Launch Exclusive NFT

On August 29, Forbes announced a strategic partnership with OKX Wallet, enhancing their Web3 engagement through a unique offering. The Forbes Legacy Pass, an NFT, is now accessible exclusively through OKX Wallet. 

This initiative marks OKX Wallet as the only onchain solution offering expedited processing for the Legacy Pass applications.

OKX Wallet users benefit from priority status on application reviews via OKX drops. The Legacy Pass NFT allows holders special access to in-person events, influential roles in the Forbes Web3 community, and membership in the Forbes Inner Circle. 

Forbes NFT Membership
Source: Twitter 

Forbes’ chief growth officer, Taha Ahmed, highlighted the initiative’s role in fostering innovation and community interaction within the Web3 ecosystem.

Moreover, Forbes has consistently expanded its Web3 footprint through various collaborations. Just a day prior, on August 28, Forbes rolled out the INSPIRE collection of digital collectibles in conjunction with the Base network’s Onchain Summer event. 

Earlier, on August 21, Forbes teamed up with the Optimism network for The SUNNYs award show, celebrating top contributors to the Superchain ecosystem.

Additionally, the partnership underlines the value of NFTs in bridging digital and real-world spaces. While NFTs remain central in Web3 for building connections, their fluctuating popularity and market value pose challenges. 

Recent data indicates a downturn in the market value of once-popular NFTs, leading some to speculate about the potential decline of NFT popularity.

However, fresh statistics from August 26 suggest a resurgence in NFT sales volume, with Polygon showing a significant 123.20% increase in transactions. This rebound offers a glimpse of continuing interest and potential stability in the NFT market despite recent setbacks.

The ongoing integration of NFTs into significant platforms like Forbes highlights their enduring relevance and evolving role within digital ecosystems.

Also Read: Manchester City and OKX Launch ‘Unseen City: Echoes of Blue’ Virtual Experience

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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