SAN FRANCISCO–( BUSINESS WIRE )–4. May 2023–
Vibe.xyz announces the launch of its comprehensive NFT (non-fungible token) platform that aims to create the paradigm shift of “NFT-to-Product”, the new standard of non-fungibility by providing creative tools to curate and customize their NFTs. Vibe’s product launch is backed by a $4 million seed round backed by Alchemy Ventures, Aglaé Ventures, global K-Pop Sensation Psy’s music label, P Nation and others. Vibe’s core team includes core developers and contributors from Sushiswap, Binance, Github, Coinbase and other bluechip protocols.
Currently, most NFTs have failed to reach their true potential, as many are simply JPEGs with limited or no utility or value outside of their scarcity.
Vibe offers a first-of-its-kind, code-free platform that enables advertisers to turn NFTs into full-fledged applications and products via NFT smart contracts and metadata. The goal is to turn static NFTs into evolving assets with real and digital tools. From building upgradeable mechanics to plugins, advertisers can embed features like loyalty points, physical redeemable, ticketing and more directly into smart contracts.
The emergence of the digital age through web3 is undeniable, but the lack of legitimate and robust infrastructure and tools has hindered its full realization. Vibe innovates at the protocol level to focus on the future of multi- and cross-chains. All Vibe NFTs can be deployed on any chain and bridged to any other. Vibe’s vision is to democratize NFT creation, make it as accessible and user-friendly as launching a normal product. This includes the first drop, owner acquisition, insights and KPIs, continuous iteration, advanced features and user engagement. This paradigm shift defines them as NFT-to-product, and represents a transformational change in how NFTs are perceived and used.
“Real value for NFTs will come from the dynamism and programmability where creators can add unique features to their collections, until now they haven’t had a comprehensive tool to curate and customize their collections. Our goal is to simplify this entire process, and we are confident in our mission – to take NFTs from images to products, says Rachel Chu, founder and CEO of Vibe.xyz.
Vibe has already captured the attention of the vibrant NFT community and will be unveiling a number of celebrity collaborations in the coming weeks.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20230504005175/en/
CONTACT: Rachel McHugh
Email: [email protected]
KEYWORDS: CALIFORNIA USA NORTH AMERICA
INDUSTRY KEYWORDS: SOFTWARE TECHNOLOGY NETWORK BLOCKCHAIN
SOURCE: Vibe.xyz
Copyright Business Wire 2023.
PUB: 05/04/2023 10:30 AM/DISC: 05/04/2023 10:30 AM
