ZynCoin Launches Comfy Collectible to Boost Token Value Amid Market Decline

Comfy is a new product designed for storing nicotine pouches like Zyn. Colton Kirkpatrick, the founder of ZynCoin, shared that some of the profits will go towards buying back tokens.

ZynCoin is a memecoin that recently got attention for convincing Philip Morris, the company behind Swedish Match, to drop legal threats about using the Zyn name. Now, they’re launching a physical collectible for the $ZYN community called Comfy, which is available for pre-sale.

Physical collectibles in the crypto world are pretty rare, but they do exist. A well-known example is Solana's Saga phone, which gained users through aggressive airdrop campaigns.

Comfy is made in the U.S. from aluminum and is specifically designed for Zyn nicotine pouches. Kirkpatrick told CoinDesk that this product aims to attract more than just crypto fans and token holders. It’s a way to reward the most loyal $Zynners.

“We want the crypto aspect to be a cool bonus,” he said. “People should be drawn first by the sleek design and unique features, like the bottle opener.” He even compared it to the stylish silver cigarette cases that were popular in the 1920s.

Some of the money made from Comfy sales will be used for token buybacks. This strategy is intended to boost the value of the $ZYN token. When users buy a Comfy, they activate a unique code online that links their account to a crypto wallet holding $ZYN. The more $ZYN they have, the higher their tier and the better their weekly rewards.

However, the $ZYN token has faced challenges recently. It has lost 50% of its value over the last month, which is a sharper decline than the overall market, according to CoinGecko. Other major memecoins like DogWifHat and BONK have also dropped more than 10% this month, but not as drastically.

The launch of Comfy is just the first step in building a larger $ZYN community. Kirkpatrick mentioned that there are meetups planned for later this year, likely in New York. There’s a significant overlap in interests between Zyn fans and the crypto crowd, even acknowledged by critics.