Benzinga | Jan 19, 2022 08:31AM EST

Lion Group Reports Successful Sales Of Its Blind Boxes Non-Fungible Token

Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ:LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services and developer of new growth products that include SPAC sponsorship, NFT, and metaverse-related initiatives, today announced the successful sales of its blind boxes.

MetaWords, Lion's meta-language NFT, attracted much attention since its launch last week. In addition to the unique mechanics that allows for universal participation in the creation of new works, MetaWords has introduced the blind box. On January 17, 2022, Lion offered its MetaWords blind boxes to the market. Since the launch, all 2,742 blind boxes, containing MetaWords characters as well as fragments of Xu Bing's Book from the Ground, have sold out.

Since the project's launch on January 14, 2022, the Lion NFT platform introduced one new MetaWords character for auction each day with a floor price of 30BNB. The highly-anticipated blind box launched shortly after on Jan 17, 2022. The first batch of 2,742 blind boxes contain 41 MetaWords characters and one high-level fragment, while the remaining blind boxes contain ordinary fragments of Book from the Ground. Ordinary fragments can be traded as well as collected to exchange for bonuses. High-level fragments can be collected and assembled into Book from the Ground, allowing users to become MetaWords partners.

On January 18, 2022, MetaWords announced the launch of its "Creation Tools" feature that allows users to easily create new characters. Adhering to the essence of the NFT community's bottom-up method, this new launch confirms that MetaWords, as a meta-language infrastructure, differs from other digital collections. Users can now log onto lionnft.io and start making their own metaverse creations.