Genies and Dapper Labs Collaborated to start a new NFT platform, The Warehouse. A virtual place that allows the users to customize their 3D avatars with digital accessories like glasses, apparel, shoes, and bags.
The Genies And Dapper Labs Collaboration Reason:
The most extensive gaming space (Dapper Labs) and avatar technology company (Genies) shook hands with Collab for developing a new NFT platform, “The Warehouse”. This platform will allow its user to dress up 3D cartoon avatars like the one they made on the Genies app.
On 13th December, the warehouse launched a small network of invite-only users. Both partners narrate that this avatar NFT based platform will be available for a massive audience in the forthcoming months. It will offer accessories, apparel, shoes, backpacks, and masks. That can be minted on the Dapper blockchain network, Flow.
The purchasers will get the avatar accessories under the $20 range and resell them. Besides it, the secondary sale will take place on The warehouse platform.
Additionally, The Genies has attempted experiments inside its own app. And some experiments have excluded blockchain and NFT related components. However, its partnership with Dapper defines its trust in Dappers’ Flow Network.
Recently Genies, valued at $65 million, has made records of effective partnerships with popular and iconic brands and celebrities. That famous brand and celebrities list may include Gucci, Universal Music Group, J.balvin, and Cardi B.
The company has also enlisted a rockstar list of investors such as CoinBase Ventures, Dapper Labs, NEA, Breyer Capital Tull Investment Group, NetEase, and Mary Meeker’s Firm Bond.
Words By C.E.O Of The Company:
The project will launch Flow Blockchain Network used to launch NBA top shots. Roham Gharegozlou, the CEO of Dapper Labs, said:
“The Genies warehouse is the biggest release on Flow since NBA top shot, and we are looking forward to a similar success.”
The CEO of Genies Akash Nigam’s most important concern is to develop a network of avatars and a competitive platform. He said to TechCrunch:
“An avatar is a vehicle to be able to showcase more of your authentic self. It’s not limited by real-world constraints. It’s an alter ego personality.”
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