Funko please care about NFT Pops at least as much as the Funko Community!

The Issue

When Funko NFTs were released, active Funko collectors rejoiced for the opportunity to once again acquire limited and unique Funko pops in a fun and exciting way. Funko NFT packs cost more than common and exclusive pops, but we were willing to pay the price to acquire legendary and grail limited run physical versions of the NFTs. Funko and Droppp are both very clear to state that the physical pop is just a free bonus to the NFT that you are buying, but it is clear that is legal banter for "we are not responsible in any way for the product you end up receiving." The problem with this position is that a Funko collector will pay on average $35-$200 for a legendary and $150-$400 for a grail. The evidence that the value is not tied to the NFT at all is black and white, when the redemption coin gets released, the NFT drops by 95% to 98% of its value on average.

All the above said, avid Funko collectors have decided the NFTs and possibility of getting these rare and unique physical pops are worth the addition cost ranging anywhere from 3x to 30x the cost of common pop or exclusive. This is not a few dollars extra, this is the cost to acquire prior to release at 3x to 30x.

Two major problems have surfaced with this system:

1) Droppp and Funko seem completely apathetic to the condition your $400 grail shows up to your door step. Many of us have emailed, posted images, and argued with Droppp and Funko with canned responses reminding us that its a treat to pay $400 for a box that got run over by a truck. Ebay, Mercari, Whatnot, Facebook, and Amazon have exponentially better refund and return policies than the company that actually produces these products. This is an extremely easy problem for Droppp and Funko to fix. Grails should automatically be shipped in a hard stack. For others, Funko should give the NFT buyer the option to pay small additional fee if they want the NFT Funko Pop shipped in a hard stack. Although, up until this point, most collectors have been willing to put up with this issue because this is an issue that neither Dropp nor Funko do on purpose, all parties would agree it is unfortunate and wish it did not happen.

2) The second issue which has been an increasingly worrisome  issue with NFT pops is far more egregious because this is an intentional act of laziness and greed on the part of Funko. What I am speaking of is the complete or near duplication of an NFT physical pop in the form of a common, easy to acquire Funko Pop. There has been a few examples including the Elf Grail which significantly impacted the value of the entire NFT line. Up until recently this issue seemed more a nuisance than a complete and utter lack of consideration for the NFT buyer that is willing to spend $200 on a legendary prior to its actual release from the distributor. The recent reveal of the 2nd wave of the HOD regular Funko pops was a blatant slap in the face to everyone who collects Funko NFTs. Not only are the pops almost identical to the "limited" NFT versions, the chase Aemond is actually a superior version. If this Funko release remains unchanged, these mirror images of the previously $100 to $200 legendarys of Viserys and Aemond will likely release long before the NFTs even do. Funko will say that they are not exactly the same, one is holding a cane, the other is holding a mask or one glows and the other does not. Don't piss on my leg and tell me its rainin'. These very minor differences can surely be argued when funko releases 28 versions of Jon Snow that all cost about $12 at release, but when the cost to acquire is 10 to 15 times greater, that argument is ridiculous.

Let me be clear. Funko is a for profit business and has no obligation to the consumer that their products retain any value at all. I am not disputing long term value. The issue is that these specific NFT pops are marketed, advertised, and sold as "extremely limited" unique and expensive collectibles for very active collectors. NFT collectors are not buying a $12 toy. I would argue that maintaining the limited nature of NFTs is the one thing that would actually secure the long term viability of the company in this regard because the buyers will actually have faith in the idea that they are buying a collectible that is limited and cool.

So Funko with all their NFT disclaimers has every legal right to not care what condition your pop arrives or if out of laziness and/or greed they duplicate a unique NFT pop and put it in a white box and tell you its different. We as collectors have the right and obligation to tell them that is fine, we are not going to buy them anymore until you change this. We are not going to buy them anymore until you make these "limited & unique" pops actually limited and actually unique. I for one, would love to continue collecting NFTs in the spirit that Funko originally led us to believe they were going to be. Please join me in making this demand. Funko must make these changes: Grails must be shipped in a hard stack and give us the option to pay extra for a hard stack on our other NFT shipments and make the promise that future releases of the same character will actually vary in some significant way from the NFT limited release. 

Please leave your sign and leave your opinion on this issue so Funko can know exactly how this community feels about this issue. Thank you! 

This petition had 130 supporters

The Issue

When Funko NFTs were released, active Funko collectors rejoiced for the opportunity to once again acquire limited and unique Funko pops in a fun and exciting way. Funko NFT packs cost more than common and exclusive pops, but we were willing to pay the price to acquire legendary and grail limited run physical versions of the NFTs. Funko and Droppp are both very clear to state that the physical pop is just a free bonus to the NFT that you are buying, but it is clear that is legal banter for "we are not responsible in any way for the product you end up receiving." The problem with this position is that a Funko collector will pay on average $35-$200 for a legendary and $150-$400 for a grail. The evidence that the value is not tied to the NFT at all is black and white, when the redemption coin gets released, the NFT drops by 95% to 98% of its value on average.

All the above said, avid Funko collectors have decided the NFTs and possibility of getting these rare and unique physical pops are worth the addition cost ranging anywhere from 3x to 30x the cost of common pop or exclusive. This is not a few dollars extra, this is the cost to acquire prior to release at 3x to 30x.

Two major problems have surfaced with this system:

1) Droppp and Funko seem completely apathetic to the condition your $400 grail shows up to your door step. Many of us have emailed, posted images, and argued with Droppp and Funko with canned responses reminding us that its a treat to pay $400 for a box that got run over by a truck. Ebay, Mercari, Whatnot, Facebook, and Amazon have exponentially better refund and return policies than the company that actually produces these products. This is an extremely easy problem for Droppp and Funko to fix. Grails should automatically be shipped in a hard stack. For others, Funko should give the NFT buyer the option to pay small additional fee if they want the NFT Funko Pop shipped in a hard stack. Although, up until this point, most collectors have been willing to put up with this issue because this is an issue that neither Dropp nor Funko do on purpose, all parties would agree it is unfortunate and wish it did not happen.

2) The second issue which has been an increasingly worrisome  issue with NFT pops is far more egregious because this is an intentional act of laziness and greed on the part of Funko. What I am speaking of is the complete or near duplication of an NFT physical pop in the form of a common, easy to acquire Funko Pop. There has been a few examples including the Elf Grail which significantly impacted the value of the entire NFT line. Up until recently this issue seemed more a nuisance than a complete and utter lack of consideration for the NFT buyer that is willing to spend $200 on a legendary prior to its actual release from the distributor. The recent reveal of the 2nd wave of the HOD regular Funko pops was a blatant slap in the face to everyone who collects Funko NFTs. Not only are the pops almost identical to the "limited" NFT versions, the chase Aemond is actually a superior version. If this Funko release remains unchanged, these mirror images of the previously $100 to $200 legendarys of Viserys and Aemond will likely release long before the NFTs even do. Funko will say that they are not exactly the same, one is holding a cane, the other is holding a mask or one glows and the other does not. Don't piss on my leg and tell me its rainin'. These very minor differences can surely be argued when funko releases 28 versions of Jon Snow that all cost about $12 at release, but when the cost to acquire is 10 to 15 times greater, that argument is ridiculous.

Let me be clear. Funko is a for profit business and has no obligation to the consumer that their products retain any value at all. I am not disputing long term value. The issue is that these specific NFT pops are marketed, advertised, and sold as "extremely limited" unique and expensive collectibles for very active collectors. NFT collectors are not buying a $12 toy. I would argue that maintaining the limited nature of NFTs is the one thing that would actually secure the long term viability of the company in this regard because the buyers will actually have faith in the idea that they are buying a collectible that is limited and cool.

So Funko with all their NFT disclaimers has every legal right to not care what condition your pop arrives or if out of laziness and/or greed they duplicate a unique NFT pop and put it in a white box and tell you its different. We as collectors have the right and obligation to tell them that is fine, we are not going to buy them anymore until you change this. We are not going to buy them anymore until you make these "limited & unique" pops actually limited and actually unique. I for one, would love to continue collecting NFTs in the spirit that Funko originally led us to believe they were going to be. Please join me in making this demand. Funko must make these changes: Grails must be shipped in a hard stack and give us the option to pay extra for a hard stack on our other NFT shipments and make the promise that future releases of the same character will actually vary in some significant way from the NFT limited release. 

Please leave your sign and leave your opinion on this issue so Funko can know exactly how this community feels about this issue. Thank you! 

Petition Closed

This petition had 130 supporters

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The Decision Makers

Funko, LLC
Funko, LLC
Funko, LLC
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