ETphonehome wrote:aprilyoufools wrote:ETphonehome wrote:Can anybody help explain how these redeemable Nft works?
There's also the thread by the Moderator -- "NFTs: How To Buy"
https://www.funkofunatic.com/viewtopic.php?f=136&t=101551, under #9 Redemption. And I'm sure if you search on YouTube you could find videos if you need a visual walkthrough.
Thank you! That was helpful. So the redeemable nft will get you a coin to redeem on droppp. Will you also get the coin if it is in atomic hub?
I believe so, but you will need to transfer it to droppp in order to redeem it.
Per
https://digital.funko.com/faq, "in order to redeem for the corresponding physical item, the redemption token must be transferred from your WAX account to your Droppp account before the 30-day redemption period ends... Once a Redemption Token is deposited into your account, you will have 30 days to redeem for your physical Funko collectible figure. Redeeming a Redemption Token "burns" the token and it will no longer be in your wallet. Redemption tokens must be redeemed within the 30-day redemption period in order to obtain the corresponding Funko collectible figure."
Redeeming it means submitting your shipping address for the redeemable figure, not simply leaving it in your wallet like when the "snapshot" occurs for the token to be deposited into your WAX or droppp account. You'd see an order confirmation, comparable to if you were checking out of Funko Shop. Hope this makes sense.
Also, DO NOT try to transfer any non-Funko NFTs from your WAX account to your droppp account. Your droppp account is meant for Funko NFTs only.