Vibe has recently launched its NFT platform that sets to create a ‘paradigm shift’ in the NFT-to-product market alongside scoring $4m in funding.
The seed round was backed by Alchemy Ventures, Aglaé Ventures, global K-Pop Sensation Psy’s music label, P Nation and others.
Vibe claims it offers a first-of-its-kind, no-code platform that enables creatives to turn NFTs into fully fledged applications and products via NFT smart contracts and metadata. The goal is to turn static NFTs into evolving assets with real-world and digital utility. From building upgradable mechanics to plugins, creatives can embed features like loyalty points, physical redeemable, ticketing, and more directly into the smart contracts.
Any Vibe NFTs can be deployed on any chain, and bridge to any other. Vibe’s vision is to democratize NFT creation, making it as accessible and user friendly as launching a regular product. This encompasses the initial drop, holder acquisition, insights and KPI’s, continuous iteration, advanced features, and user engagement. This paradigm shift they define as NFT-to-Product, representing a transformational change in how NFTs are perceived and utilized.
Vibe CEO and founder Rachel Chu said, “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 – taking NFTs from pictures to products.”
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