Blockchain firm Metajuice to launch NFT marketplace

Please fol­low and like us:
Pin Share

Blockchain firm Meta­juice, a sub­sidiary of Togeth­er Labs, on Tues­day said it will launch NFT mar­ket­place in the IMVU meta­verse — an avatar-focused social net­work — hav­ing over one mil­lion dai­ly active users. Meta­Juice has col­lab­o­rat­ed with IMVU cre­ators for its inau­gur­al col­lec­tion of wear­able in-world appar­el NFTs, har­ness­ing the pow­er of the exist­ing IMVU community.

“The NFT mar­ket­place will unlock new func­tion­al­i­ty our users are excit­ed about, pro­vid­ing our 200,000 cre­ators even more ways to earn. Intro­duc­ing scarci­ty, proof of own­er­ship, and ancil­lary ben­e­fits to vir­tu­al goods will super­charge the IMVU econ­o­my,” said Daren Tsui, CEO of Togeth­er Labs, the par­ent com­pa­ny of IMVU.

In the first phase of the launch, IMVU users will be able to wear and show­case their NFTs in the metaverse.

And, if users choose, when wear­ing an NFT in a room or expe­ri­ence, users will have a spe­cial “badge” and name col­or in the room and in the chat.

Oth­er users will be able to see that and click on the avatar and find the infor­ma­tion and meta­da­ta about the NFT that is mak­ing them appear special.

“IMVU users have long pur­chased mil­lions of dol­lars a month of dig­i­tal goods,” said John Bur­ris, Pres­i­dent of Meta­Juice. “With the increased ben­e­fits brought by exclu­sives, lim­it­ed runs and resell, we believe NFTs will be addi­tive to our already vibrant vir­tu­al economy.”

To kick off the NFT Mar­ket­place, IMVU is col­lab­o­rat­ing with meta­verse-native lux­u­ry fash­ion house Auroboros to host a design chal­lenge. The chal­lenge is to cre­ate a cou­ture dig­i­tal design using icon­ic sym­bols and tex­tures inspired by nature, cre­at­ed by Auroboros.

These designs will be con­vert­ed into dig­i­tal wear­ables and NFTs to be fea­tured and sold on the IMVU NFT Mar­ket­place and the cre­ators will receive a por­tion of the sales as part of the priz­ing package.

Sub­scribe to Mint Newslet­ters

* Enter a valid email

* Thank you for sub­scrib­ing to our newsletter.

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *