droppTV is Bringing Bored Ape Yacht Club Art to Life
Laura McQuarrie — March 11, 2022 — Tech
References: dropp & prnewswire
The Bored Ape Yacht Club art collection is one of the world's most famous NFT projects and droppTV partnered with the undisclosed owner of Ape #7792 to bring the 2D digital asset to life. Using droppTV's proprietary mixed reality engine, the non-fungible token has a unique personality, mannerisms, a voice and now, a full body that shows off more of the recognizable ape than before.
Ape #7792 will as a host on droppTV and it will feature some of the most sought-after luxury and streetwear fashion items. And soon, droppTV will be introducing derivative utility solutions for Bored Ape Yacht Club collectors to "help them monetize their NFTs over and above resale by empowering numerous real-world utility and monetization."
Ape #7792 will as a host on droppTV and it will feature some of the most sought-after luxury and streetwear fashion items. And soon, droppTV will be introducing derivative utility solutions for Bored Ape Yacht Club collectors to "help them monetize their NFTs over and above resale by empowering numerous real-world utility and monetization."
Trend Themes
1. Mixed Reality Nfts - There is a growing trend in the use of mixed reality technology to create more immersive and unique experiences for NFTs, presenting an opportunity for companies to develop new platforms or tools to facilitate this technology.
2. Derivative Utility Solutions for Nfts - As NFTs become more mainstream, there is an opportunity for companies to create derivative utility solutions that enable collectors to monetize their NFTs in new and innovative ways.
3. Luxury Fashion Collectibles - Exclusive collaborations between luxury fashion brands and NFT projects, such as the Bored Ape Yacht Club, present an opportunity for companies to capitalize on the growing interest in fashion-focused NFTs.
Industry Implications
1. Augmented Reality Technology - Companies that specialize in developing mixed reality and augmented reality technology can leverage the growing demand for immersive NFT experiences to create new products and solutions catering to this market.
2. NFT Marketplaces - NFT marketplaces can expand their offerings and create more value for collectors by incorporating derivative utility solutions that enable new ways to monetize NFTs beyond simple resale, making NFTs a more attractive investment and collectible asset.
3. Luxury Fashion Brands - Luxury fashion brands can partner with NFT projects to create limited edition digital collectibles, offering customers a new kind of luxury purchase that appeals to the growing interest in NFTs.
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