Indie comics creator Omar Spahi has announced that his comic series Xenoglyphs will be released in single-issue format first on Rarible.com, making it the first full comic book story released as a one-of-one digital collectible.
As a comic book indie creator embracing the emerging NFT platform and technology, Spahi hopes to change the way indie creators use technology to generate income and broaden their fanbases.
NFT stands for Non-Fungible Token, which means that unlike bitcoin, it cannot be traded for another identical token. Each NFT is a unique, one-of-a-kind piece, and if you trade it, you are trading it for another completely different collectible. It’s the one-of-one approach that makes Spahi’s plan unique, in that the rarity of the item – historically speaking – is something that is typically appealing to collectors of comics.
I strive to be groundbreaking in this space, it’s not just for myself, but for the comics community at large. There are many misconceptions about this technology and much to learn in the days ahead, but the potential rewards for creative participants on a project like this are undeniable.
Unlike the printed comic market, which usually cannot sustain a one-of-a-kind product, the NFT model allows us to offer something that is truly distinct and unique to a collector. If you just like the artwork, we will make digital prints available to anyone who wants one, but the collectible itself is limited to one.
As NFT collectibles are traded and resold, the potential for increased value only grows. This means a writer or artist can be paid on an NFT comic at potentially higher rates than through traditional channels. We don’t intend for this to replace direct market comic distribution, but it certainly levels the playing field amongst indies and corporate publishers.
We’re on the precipice of a new era of collectibles, and I feel Xenoglyphs has a chance of appealing to people through Rarible.com who have never read anything in this format before. And for those who have, this is a chance to be the first collector to own a full comic book in this format.
Spahi sees strong potential here for putting power into the hands of artists and writers. The long lifecycle and trading and reselling potential of an NFT collectible has opened up new earning opportunities, and the stakes are much higher than in physical media.
Spahi’s Xenoglyphs is the story of best friends Steven and Dom as they try to stop Anubis, the master of evil, from collecting all nine elemental stones, known as Xenoglyphs.
If someone holds a stone they control that element. For example, if someone holds the Water Stone they have the power to control all the water around them.