{"id":397049,"date":"2022-01-21T08:43:49","date_gmt":"2022-01-21T05:43:49","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/nft-firm-dropp-gg-set-to-launch-geo-minting-and-mixed-reality-events\/"},"modified":"2022-01-21T08:43:49","modified_gmt":"2022-01-21T05:43:49","slug":"nft-firm-dropp-gg-set-to-launch-geo-minting-and-mixed-reality-events","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/nft-firm-dropp-gg-set-to-launch-geo-minting-and-mixed-reality-events\/","title":{"rendered":"# NFT firm Dropp GG set to launch \u2018geo-minting\u2019 and \u2018mixed reality events\u2019"},"content":{"rendered":"<p>&#8220;<strong># NFT firm Dropp GG set to launch \u2018geo-minting\u2019 and \u2018mixed reality events\u2019 <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvYWE4MjcwMTEtMTFlNS00NzA2LThjOGItZTBlM2Q3MTczYWYyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and \u201cmixed reality events\u201d tied to the Metaverse.<\/p>\n<p>The firm was founded in early 2021 and is progressively rolling out several initiatives over this year including partnered NFT drops, geo-minting events, virtual land plots with AR support, and a metaverse platform that maps to the physical world. <\/p>\n<p>Dropp recently closed an $8 million funding round that was backed by top crypto and NFT firms such as Animoca Brands, Alameda Research DeFiance Capital and Three Arrows Capital. The funding will go towards IP accumulation, partnerships and metaverse\/AR tech development. <\/p>\n<p>One of Dropp\u2019s major initiatives will be the launch of geographical-based NFT minting (geo-minting), slated for beta testing later this quarter. The term refers to specific NFT collections that are only able to be minted by users who are at the predetermined physical location of the drop. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/5 Introducing: DROPP LOCATION-BASED NFTS<br \/>A New Era for NFT Utilization \u200d\u2640\ufe0f\u200d\u2642\ufe0f \ufe0f<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/solana?ref_src=twsrc%5Etfw\">@solana<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24DROPP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DROPP<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/NFTcollection?src=hash&amp;ref_src=twsrc%5Etfw\">#NFTcollection<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&amp;ref_src=twsrc%5Etfw\">#NFT<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/NFTCommunity?src=hash&amp;ref_src=twsrc%5Etfw\">#NFTCommunity<\/a> <\/p>\n<p>Read more <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/9daQSZnPqw\">https:\/\/t.co\/9daQSZnPqw<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1rCQEN0TTi\">pic.twitter.com\/1rCQEN0TTi<\/a><\/p>\n<p>\u2014 DROPP  (@DROPPgg) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DROPPgg\/status\/1482573576276365313?ref_src=twsrc%5Etfw\">January 16, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nThe firm touts the NFTs as a new way for partnered artists, celebrities and influencers to drop exclusive collectibles for their audiences, while the scarcity of the unique geo-specific NFTs is intended to add value on the collectors&#8217; end. <\/p>\n<p>Dropp is tight-lipped on the other partnerships it has secured so far but told Cointelegraph that the company will be announcing collaborations with several \u201ccelebrities, models and artists\u201d next month.<\/p>\n<p>The company will also launch a metaverse platform dubbed \u201cDropp Land,\u201d that will feature a virtual reality world that is m<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed to the real world. As part of the project, users will be able to buy virtual land plot NFTs, earn yield rewards with them or rent them out to other people. <\/p>\n<p>AR support for the metaverse platform is also in the works, enabling users to experience \u201cmixed reality events\u201d that feature digital representations of the virtual land and other NFTs purchased in Dropp Land in the physical world. <\/p>\n<p>In an interview with Cointelegraph, Dropp founder Edmond Truong stated that the firm is aiming to onboard 500,000 users to Dropp Land in the future, and will focus on providing a bridge between the Metaverse and the physical world by allowing users to interact with their NFTs in both spheres.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Meta reportedly plans to integrate NFTs on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and Instagram profiles<\/em><\/strong><\/p>\n<p>Truong said the NFT market acts very differently from any other industry due to the sector\u2019s ability to attract anything from \u201ccrypto aficionados,\u201d to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>rs, artists, collectors and retail traders. <\/p>\n<p>The founder foresees NFT tech becoming widely adopted once the sector evolves with\u00a0 further utilities for mainstream purposes:<\/p>\n<blockquote><p>\u201cPeople will utilize NFTs as digital art, digital tickets, digital documentations, digital identities and digital wallets that will become pivotal in the near future.\u201d<\/p><\/blockquote>\n<p>\u201cAs the idea of paper money started from receipt of exchange, NFTs will soon replace transactions that will require proof of authenticity. We believe NFT adoption is inevitable,\u201d he added. <\/p>\n<p>The firm\u2019s first partnered NFT collection will launch later this month on the Soulshift NFT platform, and will feature 10,000 NFTs depicting artwork from renowned streetwear designer Hiroshi Fujiwara and artist\/skateboarder Mark Gonzales. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/nft-firm-dropp-gg-set-to-launch-geo-minting-and-mixed-reality-events\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# NFT firm Dropp GG set to launch \u2018geo-minting\u2019 and \u2018mixed reality events\u2019 &#8221; Solana-based augmented reality and NFT platform Dropp GG is developing geographical-based NFT minting and \u201cmixed reality events\u201d tied to the Metaverse. The firm was founded in early 2021 and is progressively rolling out several initiatives over this year including partnered NFT&#8230;<\/p>\n","protected":false},"author":1,"featured_media":397050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDEvYWE4MjcwMTEtMTFlNS00NzA2LThjOGItZTBlM2Q3MTczYWYyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,91498,95118,78234,116,59198,17813],"class_list":["post-397049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-metaverse","tag-nft","tag-virtual-property","tag-art","tag-augmented-reality","tag-virtual-reality"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/397049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=397049"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/397049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/397050"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=397049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=397049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=397049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}