Walt Disney Company has recently ceased to produce its original Mickey Mouse character. After the copyright expired of the rodent themed mascot, OpenSea has released three NFT collections that are connected to the character. These collections rank among the most popular in the NFT market.
Walt Disney and UbIwerks, American animators, introduced Mickey Mouse for the first in 1928 with the short film Steamboat Willie. Mickey Mouse’s earliest form did not have white shoes or white gloves. Following its debut, the Mickey Mouse character has played a crucial role in the Walt Disney Company’s brand and pop culture, becoming a mascot.
The company has a number of advantages. Now that the copyright has been lostOver the earliest version the mouse-themed character. The U.S. law on copyright, which was updated in 1998 required that copyrights remain in place for 95 years prior to entering the public domain. The timeframe for the first Mickey Mouse version ended in late 2023.
The Walt Disney Company still retains ownership of the copyright for later Mickey Mouse versions. It means that the Walt-Disney Company can sue any entity who recreates a Mickey Mouse-like animated character.
Following its entry into the public domain, several NFT collections have emerged, themed around Steamboat Willie’s Mickey Mouse. OpenSea’s current data indicates that a NFT-based Ethereum project called Steamboat WillieIt is the most popular collection. The collection includes 1,927 Mickey Mouse themed items at a price of 0.148 Ethereum.
A NFT project, called Steamboat Willie 2024 Public Domain. The collection has a volume of trading of 427 ETH. This is higher than Steamboat Willie’s (174 ETH). The collection also has a price floor of 0.204 ETH. The third collection in the list of trending projects is Steamboat Willie’s Riverboat, with a trading volume and a floor price both of 17 ETH.
Disney has a wide range of products. Mickey Mouse is no longer the mascot of DisneyThe latest ventures by individual projects into the NFT world show how animation can be combined with art and non-fungibility.