MultiBeasts Sells Out: The Haas Brothers

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• Okay Bears signed with IMG a global leader in sports, events, media, and fashion. A move they describe as a firm step towards establishing Okay Bears as a globally recognized brand that is a force for good. (@Okaybears)

• A restaurant in South Florida called Vinyl Fish Club is making its entire business exclusively available to NFT holders. (vinylfishclub)

• Software company MicroStrategy is swimming further out into shaky yet lucrative waters, as they invest in another 300 $BTC. (coindesk)

• Solana protocol developers Metaplex are airdropping their governance tokens to creators on the Sol blockchain. (decrypt)

• American Whisky Jack Daniels is the next in line to apply for metaverse trademarks. We imagine a bottle NFT collection with barware utilities. (@KondoudisLaw)

• As many celebrate or poke fun at International NFT Day, Snoop Dogg along with Method Man gear up to drop a new NFT single a few days afterward. (raritysniper)

• Massive stock exchange Nasdaq Inc. is making its move into cryptocurrency. (bloomberg)

• A crypto firm called Wintermute was hit hard by hackers, losing nearly $160M to the theft. (cnn)

• PVP mobile game Galaxy Fight Club are implementing Women and Weapons NFTs into their game, drawing in users to compete for a huge prize pool. (@WomenandWeapons)

• Magic Eden presents Magic Ethen Beta as a birthday surprise: the fastest, most feature-packed ETH aggregator. You can now buy NFTs with ETH, SOL, or fiat. Debut ETH collections include Sappy Seals and Pudgy Penguins. (@Magiceden)

MultiBeasts by the Haas Brothers SOLD OUT!!

Just a few months ago, we had the Haas Brothers on a Twitter space to discuss their upcoming NFT project, Multibeasts. A collection that focuses on presenting your “DNA” as an NFT, the Haas Brothers are making their debut in the Web3 world.

Who are the Haas Brothers?

The Haas Brothers are “world-famous contemporary artists inspired by nature, science fiction, and psychedelia.” The Haas Brothers have art featured in LACMA & RISD, have sold 6-figure sculptors sold at Christie’s and Sotheby’s, and also has been commissioned by celebrities like Rihanna, and Leonardo DiCaprio. Born in Austin, TX, the duo currently resides in Los Angeles, where they continue to perfect and finetune their craft.

What are the Multibeasts?

In the words of the Haas Brothers, the Multibeasts “are influenced completely by you; your personality shapes the DNA of your Multibeast, and like you, each Multibeast is 100% unique.” This means that when you went to mint a Beast, you had to answer questions that determined the traits that your NFT was designated with. This “Personality Defined Rarity” is something that we haven’t seen in the Web3 space, meaning that the Haas Brothers, in a way, are revolutionizing trait designation. In every other project, it’s the luck of the draw. In this case, it’s the luck of the person.

How is ownership handled?

With most projects being released in the space at the current time, we’re seeing CC0 enabled, meaning that anyone and everyone, even non-holders, can utilize the IP of the project in any way they see fit. With the Multibeasts, there is a different mechanism employed. First, you own the IP to your NFT. That’s a big one. Second, the ownership rights will be on-chain, meaning that as long as you own your NFT, you can validate the IP ownership on the blockchain. In conjunction with a company called Remaster, the Multibeasts will utilize a one-of-a-kind dynamic licensing platform that will allow you to handle ownership details on one singular interface, from ownership validation to license composition. Everything is under one house.

What’s next?

Just selling out a couple of days ago, this project is still in its infancy. We at The Drop believe that projects succeed depending on who is at the helm. In this case, the Haas Brothers are the perfect duo to be spearheading this type of project. The art hasn’t been revealed yet, but from what the website says, we can assume that the art is going to be top-class. The Haas Brothers don’t play around when it comes to artistic composition. We can’t wait to see what they release. Also, the ownership validation and IP rights composition platform is something new. Time will tell if that’s a mechanism that is here to stay.

Congratulations to the Haas Brothers and the Multibeasts team! The world is your oyster!

Find the MultiBeasts on OpenSea here or join their community on discord here. 

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International NFT Day 🍾

An effort to cement International NFT Day into permanency is being pushed by Dapper Labs, the innovative NFT company behind numerous massive projects. Operating and offering themselves as a hub for celebration, they are asking the community to help them pioneer the new proposed holiday to celebrate the space.

They kicked off the event with a Twitter Spaces, hosting several guests from various Web3 focused entities to celebrate their collective achievements. Already we are seeing real-life events popping up worldwide, and virtual celebrations aplenty, all driven by the ingenuity of Dapper Labs. You can even mint a commemorative NFT to say you were around for this time in history. September 20th is now known as NFT day, and we imagine huge celebrations in years to come, both in real life and in the metaverse. As we move forward into uncharted territories, it is important to commemorate our communities which are the lifeblood of Web 3 as we breathe life into new technologies and ways to express our art. The invention of the Non-Fungible Token is a remarkable and groundbreaking event, the concept being well worthy of celebration. This lovely inauguration is a significant building block in the positive perception of Web 3, blockchain technology, and cryptocurrencies as a whole.

Art Gobblers will be released with the innovative Variable Rate GDAs or VRGDAs that will automate raising the prices of tokens when the sales are ahead of schedule and lowering prices when the sales lag behind schedule. With the VRGDA the Goo cost of each Gobbler will be dynamic according to supply and it will incentivize people to hold the NFT as well as the token rather than merely trying to capitalize on the token alone. Dates have yet to be announced for the release of the collection but it should be an interesting one to keep your eyes peeled for. 

Metaplex Launches MPLX Token 🚀

Decentralized Autonomous Organizations (DAOs) bring new insights into how communities are organized in Web3. Some may be formed for different reasons but the ideology remains the same- Communal ownership.

Web3, the creator's economy is community-owned and it is on this same belief that the Metaplex foundation launched its utility and governance token $MPLX in hope of further advancing its platform and mission. Metaplex has grown to be one of the biggest driving forces for NFTs in Solana’s ecosystem in just a year. They've built and offered a collection of tools, smart contracts & services designed to create and launch NFTs. The protocol has been used by over 2.4 million creators and has also been used to mint 20 million Solana NFTs to date.

With the focus being on creators, the MPLX token was created to reward NFT community participants for the value they've driven to the Metaplex protocol and at the same time to let these holders have a say in governing the protocol. The utility token will be used to launch the Metaplex DAO and holders will be able to vote on governance proposals regarding the NFT protocol but unfortunately, due to regulatory reasons, the MPLX token is not available in the United States.

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Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.

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Gannon Breslin, Kayla Kilbride, CryptoVonDoom, Naveed Lalani, Alex Reed, Naman Patel, Big Tuna

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