What Is Dropp GG ?
Dropp GG is a social NFT minting platform that aims to bring the metaverse into the real world. It currently offers exclusive, geo-based NFT releases. The project is developing Dropp Land, a metaverse where NFT tokens for virtual land plots have counterparts in the physical world. This will be integrated with Dropp 3D, an augmented reality feature that bridges virtual and physical experiences. At the moment, Dropp runs on the Solana network but plans to extend its functionality to function on multiple chains.
DROPP an NFT-based project, is developing geo-location technology that will bring the metaverse to the real world. The platform adds a new dimension to the virtual world, allowing users to interact with simulated 3D objects/environments in the real world.
What is the unique selling point?
DROPP offers users an interactive platform where they can enjoy Geo-based minting, Land, and Augmented Reality (AR), developed with usable non-fungible tokens (NFTs).
Participants in the emerging social metaverse can buy pieces of real estate dubbed ‘DROPP LAND,’ which are virtual plots that mimic the real world. Each piece of virtual real estate overlays the real-world location and grants the owner utility in the metaverse.
DROPP is the first-ever social metaverse and NFT platform to change the intangibility of the virtual universe by mapping the real world to the metaverse. The project backers aim to reverse engineer the current Metaverse landscape and integrate the social value of real-world interaction into the emerging virtual world.
- DROPP 2 D: module is a geolocation tool for NFT encryption and real-time localization. This process is designed to support the DROPP APP on mobile devices with iOS and Android systems.
- DROPP LAND – Metaverse:
- is a module available from a web application that allows you to purchase virtual plots of land as NFTs. Their counterparts are found in the real world.
- The plot of land bought as a NFT is located on the map in a real place, in a real city, and a real neighborhood.
- You become the owner of a real place and the NFT is a record of the surface, shape and location.
- You can place your own logo and building on the plots as an advertising element.
- DROPP 3D – Augmented Reality: The 3D AR module allows users to create 3D models that can be displayed both in the virtual 3D space available in the web application and can be displayed in real space as AR objects thanks to mobile devices with iOS and Android systems.
DROPP LAND Utility
Utility that is consistent across all tiers of land include:
- Profit-sharing of the Protocol’s Earnings
- DeFi: Staking & Yield Farming (of the Native $DROPP Token)
- Early Access to DROPP Collections/Launchpad: Exclusive NFT Collection Drops
- Top-Tier NFT Airdrops
- Marketing Vehicle: Users or brands that wish to drop NFT collections on your land will need to pay you fees to use your land
- Galleries: Curate and Promote NFT Collectibles on your land
- Access to a wide range of Ecosystem Partner Perks including virtual events, virtual concerts and airdrops!
- In the future, we will implement the UGC items as well as gamification on DROPP LAND.
DROPP LAND (Los Angeles) | Land Owners have been growing day by day
The DROPP app has its own mobile wallet – DROPP Wallet. Due to the lack of availability of a Solana Wallet for mobile devices that would connect with other applications in an easy way and allow the user to create and store NFTs, DROPP created its own Wallet, which has all these functions and is built into the applications.
- Token Name: Dropp GG
- Ticker: DROPP
- Blockchain: Solana
- Token Standard: SPL
- Contract: Updating.
- Token Type: Unity, Government
- Total Supply: 500,000,0000
- Circulating Supply: Updating.
Token Release Schedule
- Seed Round: 1 year Cliff, 18 Month linear Vesting (Unlocked monthly)
- Private Round: 9 month Cliff, 18 Month linear Vesting (Unlocked monthly)
- Strategic Round: 7 month Cliff, 18 Month linear Vesting (Unlocked monthly)
- Public Round Distribution: 100% UNLOCKED
- Advisory: 1 Year Cliff, 24 Month Linear Vesting
- Team: 1 Year Cliff, 24 Month Linear Vesting
- Liquidity: 2% Unlocked TGE. 24 Month Linear Vesting
- Marketing: 1 month locked. 5% Release monthly
- Treasury: 3% Unlocked TGE. 6 Month Cliff. 24 month Linear Vesting
- Ecosystem Rewards: Based on Mining and Farming Initiatives
Token Use Case
- Participate in platform products and receive rewards in Ecosystem Rewards (specifically, Mining and Farming).
- In the future, owning tokens is likely to have more governance or voting rights in the system. New information I will update later in the article.
Market and Community
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.
Dropp is a blockchain-based platform to connect the real world with the virtual world of NFT and Metaverse. In other words, Dropp will be a bridge between the real world and virtual reality spaces like NFT for users to experience.
Find more information about: Dropp
If you have any questions, comments, suggestions, or ideas about the project, please email [email protected].
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.