NFTs or non-fungible tokens have entirely taken over the digital market, with massive brands like Samsung, McDonald’s, Coca-Cola, Louis Vuitton, and many more joining the market with creations of their own. In essence, non-fungible tokens are unique digital items stored on a blockchain; anything from images, videos, animated GIFs, music, trading cards, and many more can be tokenized and monetized. At present, the most popular type of NFTs are digital arts, and they seem to have eclipsed the market compared to other assets.
As its name implies, NFTs are non-fungible, meaning they are unique, one-of-a-kind, and definitely not interchangeable. These famous cryptographic tokens use blockchain technology to authorize the owner of any digital asset. Each token is distinct, just like physical collectibles and art that you find in museums and art galleries. With the NFT market gaining more recognition as time passes, brands like the C.U.B Kingdom are participating in the digital takeover, helping advance the future of NFTs in the metaverse.
The C.U.B Kingdom is a collection of exclusive uniquely-designed 3D tigers with 150 carefully handpicked traits by one of Singapore’s top animation studios. The Chinese character on the NFT’s forehead represents “King” in Chinese, indicative of the Kingdom that the brand is keen on forming with the community. The developers behind the project have chosen the tiger to represent their tokens, drawing inspiration from the fact that no two tigers are born with the same stripes.
Much like other non-fungible tokens currently in the market, each of C.U.B Kingdom’s Tiger NFTs will be equipped with a randomly generated trait. Therefore, the value of a C.U.B Kingdom Tiger NFT will vary depending on the trait that the NFT is granted.
“We believe that every single one of us is unique in our ways, and we can all come together to form a strong pack while embracing each other’s individuality,” the team behind the project explains.
The team’s primary target audience are entrepreneurs, business owners, creative minds, and developers living around Southeast Asia and Canada. In addition, the team adds that they are hoping to be able to reach out to specific individuals who are looking to invest in early startups but do not have the network access to do so, as well as entrepreneurs and business owners who wish to seek advice and funding to expand and advance their ventures.
“The team does not doubt that every business has the potential to unleash and grow. However, we acknowledge that many businesses may lack the funds and opportunity to expand. Thus, we hope to step in and lend a helping hand to these businesses by bridging them to the global markets, thereby bringing in more opportunities for them,” the brand shares.
C.U.B Kingdom is the very first of its kind in the NFT sector. The project is looking to monetize their own tokens for internal events and games and establish physical hideouts around the world for their community members to enjoy. Moreover, the developers behind this budding project aim to reinvest the funds that their members have trusted them within other business verticals through their DAO or decentralized autonomous organization to engage them as their shareholders zealously.