Consumer-Collaborated NFTs

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The fRiENDSiES NFTs by FriendsWithYou are Interactive and One-of-a-Kind

'FriendsWithYou,' the Los Angeles-based art collaborative, has announced an upcoming collection of NFTs titled 'fRiENDSiES.' These NFTs will be presented by the Christie's auction house, and sold through the 'OpenSea' NFT platform. These NFTs will not be sold in the traditional sense, though. Instead, Christie's and FriendsWithYou are first auctioning the opportunity for customers to collaborate directly with the NFT creators on the design and build of the digital collectibles.

There will be nine one-of-a-kind NFT collections created in collaboration with the buyers. Each buyer will have a 12-hour window to design and mint their fRiENDSiE NFT. In order to gain access to this NFT-creator, the buyers will be given the opportunity to buy a mint pass, which provides exclusive early access to the NFT builder before the public can access it. Each of the nine designs will be turned into a physical bronze sculpture and sent to the original buyer and creator.
Trend Themes
1. Collaborative NFT Creation - Allowing customers to collaborate directly with NFT creators on the design and build of digital collectibles creates opportunities for disruptive innovation in the art world and enhances customer engagement and loyalty.
2. One-of-a-kind NFT Collections - Creating unique NFT collections in collaboration with buyers opens up opportunities for collecting and trading, as well as for creative collaborations and partnerships between artists and collectors.
3. Nfts as Physical Sculptures - Turning NFT designs into physical bronze sculptures provides collectors with a unique tangible object and creates new opportunities for NFT art to become more mainstream and intersect with traditional art forms.
Industry Implications
1. Art - The art world can take advantage of the innovative concept of collaborative NFT creation to bring together artists and collectors in new ways and introduce new art forms that complement traditional ones.
2. Blockchain - The blockchain industry can explore new use cases for NFTs that focus on collaboration and uniqueness, which can strengthen the value proposition of blockchain technology for various applications beyond cryptocurrencies.
3. Collectibles - The collectibles industry can leverage the unique features of NFTs to create one-of-a-kind collections that appeal to a wider customer base and offer new opportunities for creative collaborations with artists and other content creators.

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