The first Funko NFT drop of 2023 will feature the legendary children's TV television producers: Sid & Marty Krofft.
Some of their most popular 70's shows include H.R. Pufnstuf, Lidsville and The Bugaloos. They will all be well represented in this latest Funko NFT drop and fans will love what is on offer here.
Even if nostalgia isn't drawing you in, there are a few neat Pops to try and pick up here.
Read on to find out more.
1. Sid & Marty Krofft NFT Packs
Funko offers the usual two NFT packs at launch - a Standard ($9.99) and a Premium ($29.99) option.
|Pack||Amount Released||No. of NFTs||Launch Price||Launch Date|
This drop is small, in fact, it's the second smallest drop to date, only behind Jay & Silent Bob which was a minuscule 6,500 packs each. The next smallest drop is shared by the likes of Kellogg's and Looney Tunes at 15,000 packs each.
If this is your first Funko NFT drop, the only difference between a standard and premium pack is the number of NFTs inside. For example, there are no perks for buying a premium pack over three standard packs.
Packs will be available on launch day on Droppp.io and can only be bought with a credit/debit card. The drop is limited to $60 and you can rejoin the queue to buy more if you are fortunate.
You can enter the pack queue around 10 minutes before launch (the 'Purchase In' timer will change to 'Join The Queue').
If you fail to grab packs at launch, you can buy from the secondary market (guide further down).
2. Sid & Marty Krofft NFT Collection & Rarities
Classic Sid & Marty Krofft characters are here, including Horatio J. Hoodoo, Jimmy, Sleestak and more.
Everyone wants to get hold of those rare legendary and grail NFTs, so here are your pull odds:
|NFT Rarity Type||No of Templates||% Odds Of Unpacking||Total Circulation||Per Unique Template|
|1 of 1||6||0.012% (0.036% Premium)||6||1|
|Series Coin||1||10% (30% Premium)||5,000||5,000|
This is the second-best odds we have seen for a grail, thanks to the small pack volume, with odds of 249/1. That's ahead of Looney Tunes and Kellogg's 302/1, but behind Jay & Silent Bob's incredible 129/1.
Take a look at the average pulls for the Sid & Marty Krofft drop based on the packs you plan to rip!
Simply input how many Premium and Standard packs you plan to buy. You can also change the cost of the packs to match any secondary market purchases.
The calculator will also show you the cumulative probability of pulling a single grail in the packs you purchased. This is calculated by multiplying the probability of not pulling a grail in a single slot (1 - (0.4%)) by the total number of slots in all packs (15 slots in a premium, 5 in a standard), and then subtracting that result from 1.
This is known as the cumulative probability distribution function (CDF) of a binomial distribution. In English, it's just a fun way to show probability against multiple-pack purchases!
The actual outcome of any given pack purchase will still be subject to random chance. Pack opening should just be for fun, if you want a specific Funko Pop from the drop then I highly recommend you buy from the secondary market.
A 1-of-1 is an ultra-rare, non-redeemable but very valuable NFT. The odds of pulling from a standard pack is 8332/1 for this drop. This will appear as a bonus 6th slot within your pack.
A premium pack gives you the same odds as pulling a 1-of-1 as 3 standard packs (2777/1). There are a total of six 1-of-1 NFTs available for this drop, featuring both Max Tokenhead and Freddy Funko in gold, silver and bronze variants.
A Series Coin is another bonus collectable NFT (non-redeemable) that will also appear in the 6th slot if pulled. The odds for pulling a Series coin in a standard pack is 9/1 and 2.33/1 in a Premium Pack (which is the same odds as buying 3 standard packs).
Ever wondered how many Sid & Marty Krofft packs have been opened? The number of Legendary or Grail NFTs still to be found? Or the top account holders of each redeemable pop?
Head on over to the excellent PopInStock Sid & Marty Krofft NFT tracker.
3. Mastery & Physical Redemption
There are a total of five Sid & Marty Krofft Funko Pops! to collect.
Seymour Spider, Jimmy and Sleestak make up the legendary rewards, Freddy Funko as the Royalty, whilst Horatio J. Hoodoo is the Grail.
Four of these can be claimed by collecting the Grail (limited to 999) and the four legendary (limited to 1,400 each) NFTs.
I'm not overly familiar with the characters and shows, so I can't rely on nostalgia for these. I do think that Sleestak is very cool and Seymour Spider looks pretty funky!
The grail doesn't do it for me, but if you are a fan of the show Lidsville, then you will know that he was the main antagonist and no doubt you will pick him up. Who doesn't like adding the bad guys to their collection!?
Learn everything you need to know about redeeming your physical Funko Pop! in our ultimate guide.
All redemption dates for all Funko NFT sets can be found here:
The Royalty collection reward is claimed when you complete the entire 62 NFT set (excluding legendary, Grail, Series Coin and 1-of-1).
In simple terms, if you collect all 25 common, 18 uncommon, 12 rare and 7 epic variants from the set, you'll have completed the Royalty Collection and will be able to redeem an exclusive Freddy Funko as Sleestak (above) when redemption coins are distributed.
This Freddy is amazing and will be in high demand regardless if you are a fan of the show or not.
As with Grail or Legendary NFTs, a royalty redemption coin will be distributed to you on May 17, 2023, if you hold all 91 NFTs in either your WAX wallet or Droppp wallet. You will then have 30 days to redeem your physical by Jun 16, 2023.
All Sid & Marty Krofft Physical Pops! are expected to be shipped in Q3 2023.
4. New to Funko NFTs?
If you are new to Funko NFTs and can't wait to get your hands on some of the epic redeemables, here are a few things you need to get started.
You will need to sign-up for a Funko Droppp wallet.
This wallet allows you to house your new Hasbro Retro Toys NFTs, keep Sleestak and the gang safe, open Funko packs and redeem physical rewards.
Learn how to register for a free or paid account, open packs, redeem physicals and more in our ultimate Droppp guide:
WAX Wallet & Secondary Market
You may miss out on the launch day drop, have the thirst for more Funko Packs, or want to buy singles to finish off your Royalty set.
To do all of this, you will need to buy from the secondary market. To get set up you will need a WAX cloud wallet .
Droppp and WAX Cloud are two completely separate NFT wallets, but it is possible to transfer your Funko NFTs between them which is needed to trade on the secondary market.
When we talk about the secondary market, we mean a peer-to-peer marketplace such as the AtomicHub. You can learn how to buy NFTs from the AtomicHub in our article below:
There is also a new pay-by-credit card option on AtomicHub that I haven't yet tested but will write a guide soon. You will still need a WAX wallet to use this feature.
You can also use WAXP tokens to purchase from AtomicHub. Read our guide below and learn how to buy WAX:
Keep Organised - TokenHead App
Download the neat TokenHead app (owned by Funko) to view and sort all your Funko NFT collections.
Here is an awesome guide on how to install and use this app: