Cheyenne, Wyoming, Dec. 21, 2022 (GLOBE NEWSWIRE) — Token Society, Inc., a Web3 incubator and launch platform for metaverse projects, today announced the acquisition of all intellectual property and assets for the Dippies NFT and Dippies Vans NFT projects based on a vote by Dippy’s community council.
Dippies is a music-driven NFT project that has collaborated with Death Row Records, Snoop Dogg, Champ Medici and Steve Aoki. The project launched in March 2022, initially selling 8,888 NFTs, and later issuing 11K+ Dippies Vans NFTs to NFT holders to be used in a play-to-earn (P2E) racing game and as the holders’ key to the Dippieverse- the metaverse. To date, the two NFT pools have traded a combined 9,345 ETH in secondary trading volume on Opensea.
Under the terms of the acquisition, TokenSociety.io will continue to develop the racing game DippiesRaces P2E, which will now be enhanced to include a multiplayer augmented reality version that Altar, Inc. will develop. In addition, owners of Dippies NFT and Dippies Vans NFT will also have access to several other P2E games and metaverse spaces currently being developed by TokenSociety, including MERCHX, CasinoXR and UniteaMeta.
TokenSociety will also integrate the Dippies community into their ecosystem of Web2 and Web3 companies, giving Dippies NFT holders access to a long list of tools including access to live events hosted by TokenSociety, major music festivals hosted by Unitea Music, and opportunities to participate in TV programs and films currently in development with Archstone Entertainment.
In addition, Dippy’s NFTs will also be integrated into the SHOPX Web3 e-commerce platform. This will allow owners of Dippies NFTs to use their Dippies NFTs to access the SHOPX app instead of the SHOPX Licensing Token to create token-gated e-commerce stores. TokenSociety will also work with the Dippies NFT owners to develop intellectual property and products with their Dippies NFTs that can be monetized on the SHOPX platform or other distribution channels.
“The original vision of the Dippies Project was to build a global community of rebellious individuals helping to create a freer world through decentralized business ventures. TokenSociety bought into this ethos and will bring it to life with its growing list of projects and strategic partnerships within our ecosystem” Scott H. Weissman, Co-Founder and CEO. He added, “We are excited to work with Dippies’ NFT owners to develop valuable IP while providing the best metaverse and IRL experiences for the community. “
About Token Society, Inc.
Token Society, Inc., also known as TokenSociety.io, is a Web3 incubator and metaverse project launch platform that owns Gay Aliens Society (Gen 1) NFT, Dippies NFT and Dippies Vans NFT. In addition, the company has ownership in OTH Network, Unitea Music, Altar, Inc., CasinoXR, NFTPromo Media and The men of the house TV show.
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About Dippy’s NFT
Dippies are modern adaptations of hippies, with the same values. Those who are more in touch with society, but who are still quietly carving out their own path. Instead of refusing to take part in the system, Dippies build businesses to opt out of the system. The Dippies Van NFTs can be used in the DippieRaces P2E game and set in the DippieGarage. Vote on future Dippieverse initiatives and join IRL events with like-minded people.
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Disclaimer: There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or other product or service in this article. This is not investment advice. Please do your own research.
Contact information
Contact name: Kurt Ivy
Contact email: [email protected]
Location: Cheyenne, USA
Company: Token Society, Inc.
