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Animoca Brands Partners With Planet Hollywood to Open NFT Club - TheNewsCrypto

source-logo  thenewscrypto.com 09 March 2023 13:01, UTC
  • The new NFT club is being launched in Los Angeles.
  • The one-time Social Membership price is $2,500, while Founding Membership fee is $7,500.

On Thursday, Animoca Brands, a company specializing in digital entertainment, revealed that they will be opening a private club in Los Angeles. Club 3 is being introduced by the Meta Hollywood partnership with the Planet Hollywood Group.

Cryptocurrency and the entertainment industry both have long-standing traditions of exclusive clubs. Yuga Labs’ Bored Ape Yacht Club quickly became the cryptocurrency industry’s most elite membership club after its April 2021 debut.

Moreover, the new NFT club is being launched in Los Angeles. It is with the intention of bridging the gap between physical and digital club memberships.

Hong Kong’s Animoca Brands is a software development and VC business that opened in 2014. Eden Games, Darewise Entertainment, and Grease Monkey Games were all bought by Animoca in the previous year. Pixowl, makers of the widely used virtual platform The Sandbox, was bought by Animoca Brands in 2018.

Several Membership Tiers

Furthermore, ClubID, the new identification, membership, and commerce technology powering Meta Hollywood’s communities, is at the heart of the CLUB 3 endeavor and will debut in beta form in 2023.

Moreover, the new Meta Hollywood organization promises its members a variety of services according to their membership tier. Such as a private online forum for networking and socializing. Club 3 NFTs may be minted for any of the four levels of membership (Founding, Social, Global, and Corporate) to signify the holder’s status in the organization.

The one-time Social Membership price is $2,500, while the Founding Membership fee is $7,500. Members of the organization claim that Web3 mechanisms, such as community voting on seasonal menus, perk availability, and promotional offers, will be included into Club 3 in the same way as DAOs are.