PussyDAO is about to make a wave with Solana NFTs.
- PussyDAO will allow Solana NFT’s owners to acquire physical clothing.
- Several companies have linked NFTs to physical goods procurement.
PussyDAO, a crypto startup, hopes to use Solana NFTs as redemption tokens. Owners will buy physical items such as underwear, streetwear and so on. NFTs are popularly used to represent digital objects such as avatars, domain names, event tickets and so on. However, a redefinition of the use of NFTs is imminent. Non-fungible tokens can now unlock physical art, real estate and other valuable assets.
PussyDAO plans to sell Solana NFTs that can be redeemed for physical items
Founder and CEO of PussyDAO, Izzy Howell, talked about the idea in a recent conversation. The former chief growth officer at Solana derivatives protocol Cypher said she got the idea from her startup talking to her former DeFi colleagues.
I was up really late with my team and all the guys on my team just said liquidity is all that matters. “That’s the most important thing: liquidity, liquidity, liquidity”. And the next thought in my head was that I wanted to make a panty that said ‘highly liquid’ in the crotch.
She revealed that she had received a lot of support from the crypto industry, including funding. She resigned from Cypher to concentrate fully on her new venture. Although she has a big picture for PussyDAO, it will start by allowing Solana NFT’s owners to easily redeem physical clothing. Her brand plans to delve into more puffery items soon.
We use Web3 technology to scale the next generation of apparel, CPG [consumer packaged goods]products, software drops and experiences. Our brand is punk rock meets hyperfemininity: we’re bold, girly and powerful – and a much-needed breath of fresh air in this bro-centric space.
Projects that use NFT to unlock physical items
Several brands have similar notions about using blockchain tokens. Acquiring physical clothing using NFTs has been explored in various ways. A project like Unisocks sells tokens that can be redeemed for Uniswap-themed socks. In collaboration with BAYC, NFT influencer gmoney and the Punks Comics projects, Adidas introduced a redeemable NFT model for exclusive apparel last December. The WAX blockchain’s vIRL NFT concept constructed its plan on this idea.
PussyDAO will facilitate the trading of physical items, especially streetwear and other goods, using Solana NFTs. Transactions with NFTs will be less stressful, less expensive and have a low environmental impact compared to shipping parcels.
The crypto startup will begin with the Solana ecosystem because the founder is used to the ecosystem. Howell hopes to make PussyDAO a multi-chain platform with products across other blockchain platforms.
Howell said,
Not only are we a company – we’re also a living, breathing art movement. We drop products designed to stimulate meaningful conversations around gender, identity and the economic landscape.
