McDonald's Is Giving Away Free Polygon-Based NFTs But Won't Let You Trade Them
Portfolio Pulse from Mehab Qureshi
McDonald's Singapore is offering 2,000 free NFT collectibles featuring Grimace, each with unique expressions and accessories. The NFTs are based on Polygon (CRYPTO: MATIC) and can be claimed through the McDonald's mobile app in Singapore. The NFTs are 'soulbound' tokens, meaning they cannot be transferred or sold once minted. Owners of the Grimace NFTs will be granted special privileges and access to exclusive treats in the future.
August 17, 2023 | 11:24 am
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POSITIVE IMPACT
The use of Polygon's platform for McDonald's NFTs could increase visibility and usage of the platform, potentially impacting the price of MATIC.
The news of McDonald's using Polygon's platform for its NFTs could lead to increased visibility and usage of the platform. This could potentially lead to an increase in the demand for MATIC, Polygon's native token, and subsequently its price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75