Tag: NFT collection
Gap Launches NFT, Teases Gamified Digital Experiences
Gap has introduced a new venture of gamified collectible experience using NFTs. To launch the NFT collection, Gap collaborated with ... Fashion Retailer Gap Debuts First NFT Collection on Tezos Blockchain
Clothing retailer Gap is launching its first NFT collaboration with a limited-edition, gamified digital experience built on the Tezos blockchain. For this, the fashion retailer collaborated with Brandon Sines, the artist behind the NYC-based Frank Ape project, to create digital art featuring Gap’s iconic hoodies. Beginning Thursday at 9 a.m. PT, Gap’s digital collectibles will feature four levels- Common, Rare, Epic, and One-of-a-Kind, with Common being the first release. Each NFT from this initial drop will be priced at 2 tez (XTZ), or about $8.30. Additional drops will take place over the next two weeks, including the Rare drop on January 15 at 6 tez each ($25), the Epic drop on January 19 at 100 tez ($415) each and the One-of-a-Kind NFT to be auctioned on January 24. The collection will be available to shop exclusively on gap.com/nft and will be available on a first-come, first-served basis. “Gap has always been at the intersection of music, art and culture, so we are excited about this growth opportunity in the digital space with artists like Brandon Sines,” said Chris Goble, Chief Product Officer and General Manager of Gap North America. “With this partnership with Gap, the creative cycle has come full circle as it allows me to express the beautiful messages of Frank Ape while collaborating with one of the most classic brands in history. I cannot wait to share the physical and digital pieces we’ve been working on with Gap and Frank fans worldwide.” The company is leveraging Tezos, a proof-of-stake blockchain network that uses a more energy-efficient approach to secure its network with a low carbon footprint. The company is one of many fashion labels to enter the world of NFTs and metaverse. For instance, major fashion brands including Burberry, Louis Vuitton, Gucci, and Ralph Lauren too have dabbled in the nascent industry last year in an effort to promote their brands.
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DYP Founder Purchases a BAYC NFT Ahead of the DYP PAW NFT Collection Launch
His announcement comes two weeks before the launch of the protocol's NFT collection, the Cats and Watches Society collection. The event set to unroll on January 17 will also entail the launch of its V2 marketplace.
According to Mr. Mihai, his first purchase from the BAYC collection is his way of showing his support towards NFTs. Furthermore, he considers it the best time to join the BAYC movement, before the launch of the DYP NFT collection.
So far, the BAYC collection has been making a name for itself in the market, holding some of the most coveted pieces in the space. According to a Dune Analytics report, the collection has garnered over $500 million since the start of its sales.
The collection contains 10 000 of the Bored Ape NFTs, with some selling as high as over 700 ETH. Mr. Mihai is now among the many who have invested in BAYC, considering notable figures, such as Snoop Dogg, Eminem, Jimmy Fallon, Post Malone, Steve Aoki, and more.
The Cats and Watches Society Collection
The Cat and Watch Society collection is a brainchild of the DYP protocol, leveraging the support of the Binance Smart Chain, Avalanche network, and Ethereum blockchain. The collection, also dubbed PAW, will be inclusive of 10 000 cats with 182 traits for any interested party to choose from, including clothes, color, watches, to mention but a few.
To avoid bias during the sale, the protocol will ensure that every PAW NFT sells at the same price; that is, $250 dollars for every Cat, while eliminating price tiers to prevent price differences.
Owning a Cat gives you exclusive access to members-only benefits, including access to the marketplace and a Society Account. However, you need to own a Metamask wallet account for the process to be complete. Additionally, Cat holders will receive rewards from 20% ((10% from minting fees and 10% from selling fees) of all sales made every week.
DYP Could be the Next Big Thing in NFTs
DYP and its team are taking advantage of the greener pastures that the NFT market is laying out for crypto enthusiasts. While the step by its founder could seem like a rash decision, it stands as an indicator of his faith in the sector.
Furthermore, the creation of the Cats and Watches Society collection can open more doors for the protocol as a viable investment opportunity. As it stands, it has managed to bury its roots into the DeFi industry, offering lucrative yield farming opportunities while protecting its investors from market manipulation.
The collection wishes to speak of novelty through its NFTs while offering watch enthusiasts a chance to make the most out of the trendy elements present. Nonetheless, there is more to come, which means greater potential for the PAW collection.
Soon, the cryptoverse should expect more, including a PAW metaverse, a Play-to-Earn opportunity for holders, PAW staking options, free watch minting, and more. These steps combined with its marketplace will make DYP a crucial part of the current and future NFT market.
About DYP
The DeFi Yield Protocol (DYP) is a unique platform that offers solutions for yield farming, staking, NFTs, and enabling users to leverage the advanced trading tools of the DYP. The DYP made history in the DeFi space by becoming the first and only protocol to reward users in Ethereum. The protocol employs an anti-manipulation feature that aims to limit the market impact on users' converting rewards into ETH and other native platform tokens.Website | Twitter | Telegram | Medium | Discord
Hot Potatoes Is Launching its Promising NFT Collection and Game On Ethereum
The Hot Potatoes metaverse is a closed-doors gaming world where only HPs holders can compete for the bi-yearly grand prize of the game in a true play-to-win elimination style tournament.
Each extravagant Hot Potato possesses rare pre-defined traits acquired by interacting with humanity. These attributes include elements that might resemble some of the most extravagant real world characters of our time.
There is also a category of exclusive HPs with ultra-rare features and names such as HPs that resemble some of the most iconic and historical characters for each country or community. Some examples include Hot Potato Trump, Hot Potato Napoleon, Hot Potato Gandhi. and Hot Potato Marylin Monroe. The attributes of each NFT determine its rarity and value.
Holders of the most unique NFTs better their chances of surviving and claiming huge prizes starting from 12 ETH per winner in each six-month-long game.
Pre-Register for the HPs Sale to Access the First NFTs
The game developers have opened the pre-registration phase for investors wishing to join the PotatoVerse and be the first to hold exclusive and valuable NFTs. Pre-registered users will have early access to the upcoming pre-sale event, which will offer the first batch of HPs for minting.
The pre-registration form is currently accessible on the Hot Potatoes official website. Early-bird investors will be whitelisted to participate in the pre-sale and bag up to 5 limited collection NFTs. The pre-sale is scheduled to take place one week before the Public Mint Date.
Following the pre-sale event, most of the remaining HPs will be released to the public for sale, opening the door for the official launch of the PotatoVerse in Q2 2022. Private and public sale participants can create awesome NFTs at an initial mint price of 0.05 ETH and view their digital artwork on their Metamask wallet or on the Hot Potatoes website.
Gamers on the Hot Potatoes metaverse can mint an unlimited number of NFTs. The more HPs a user mints, the higher their chance of getting a rare NFT with the potential to acquire rare attributes and appreciate over time. Holding more HPs also increases the chances of surviving to the end and grabbing the final prize.
Hot Potatoes Are Tradable on OpenSea
Users who mint HPs can sell, collect and exchange their exclusive digital collections on OpenSea, the biggest NFT marketplace. Gaming enthusiasts and NFT investors who miss out on the pre-sale events can purchase these HPs exclusively on the popular market and earn the right to join the PotatoVerse.
Note that only HPs bought from OpenSea are eligible to join the game. That is because transactions on the leading NFT marketplace support royalties that enrich the final prize pool and fund game creation and development.
Crypto users can also access HPs from a special releases pool that will be excluded from the Token sale event. The project backers will release these reserved collectibles in the form of future NFT injections into the market and airdrops to community members.
The game developers are committed to creating a new world of NFT - based gaming. Their platform combines the value and rarity of digital collectibles with the fun and competitiveness of high-stakes play to win gaming.
Check out the project's Whitepaper to learn more about the HPs metaverse, NFT collection, and gaming mechanisms. To connect with the Hot Potatoes community and participate in discussions, join the social media pages below:
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