Drop Shop is our proprietary NFT platform, where fans can purchase NFTs from their favourite brand or creator. The NFTs can be a wide range of digital collectibles including imagery and digital art created in collaboration with well-known artists. The NFTs also have smart contracts that can be triggered based on a real-life event such as a goal being scored.
Auction NFTs can be adapted to be dropped at any time, driving value through a set time of an auction period.
Single NFTs can be set in value similar to Pack Drops but without a reveal process. The drop would showcase the asset, and the number available with the option to purchase then and there.
Packs follow the ‘loot box’ model where fans purchase a blind pack at a set price and open it to find to a set number of NFTs of varying rarity.
Generate revenue through the sale of drops for fans to purchase at a set price (e.g., $10 per pack x 1,000 packs)
Marketplace activity generates revenue through perpetual commissions (e.g., 5% per marketplace transaction)
We are an operator of multiple professional teams and have a deep understanding of the dynamics of the sports and entertainment industry and the consumers that will be interested in this offering
Drop Shop can be configured to maximize the client’s strategy whether the direction is to do packs, single NFTs, or auctions and users can make purchases in fiat or cryptocurrency
Most NFT based companies are start-ups that are funded by investors, we are backed by one of the biggest sports companies in the world and launching NFTs for our brands as well
The platform allows the client to generate royalties in perpetuity
- Drop Shop is built on Polygon which is a framework for building and connecting Ethereum-compatible blockchain networks
- As a Proof-of-Stake (POS) blockchain, this side chain consume 0.00079TWh of electricity yearly with an approximate continuous draw of 0.00009GW which is orders of magnitude below the energy consumption of Proof-of-Work (PoW) blockchains at 35–140 TWh of electricity, with a continuous draw of anywhere between 3–15 GW