Looking Glass Labs Ltd revealed that its flagship studio House of Kibaa (HoK) has collaborated with Digimental on its non-fungible tokens (NFT) collection. ,
The company said that its technology for the 3D modeling of the NFT infrastructure of HoK was core to the development of the recently launched HAPEBEAST NFT collection by Digimental Studio.
HAPEBEAST is an ape-themed collection, and each avatar is unique based on its combination of stylized clothing and accessories, which are all aligned with modern streetwear trends. The company’s 3D modeling technology is currently being used to design, model, and rig the Gutter Cat Gang NFT collection characters for integration into a 3D metaverse.
HoK has also previously completed a proof-of-concept for metaverse-ready 3D assets that are compatible with the Bored Ape Yacht Club collection of NFTs, the company said.
READ: Looking Glass Labs to commence trading on NEO Exchange on February 3, 2022
“Collaborations such as these are fundamental to LGL's value creation strategy,” said Dorian Banks, chief executive officer of Looking Glass Labs. “Our interdisciplinary approach to curating innovations that contribute to the success of NFT projects has allowed us to form beneficial working relationships with impressive brands such as HAPEBEAST.”
In addition to bolstering the NFT ecosystem overall, Banks said that these relationships enable the company to negotiate preferred benefits, “which we can then make available to HoK Genesis members, for whom we constantly strive to deliver new and meaningful value.”
The collaboration between HoK and Digimental began in 2021 following HoK's use of its technology for its NFT redemption process of the 3D model to enable Bored Ape Yacht Club members to claim source files through a process called ‘Apedemption’.
The 3D source model was then adopted by Digimental for HAPEBEAST, which was a contribution from HoK that played a key role in the collection’s strong visual appeal, successful minting, and valuable launch.
As of February 7, 2022, HAPEBEAST has achieved the second-highest 30-day sales volume on OpenSea with over ETH 44,100 in resale transactions within a period of just 19 calendar days.
For LGL, holders of HoK’s genesis membership received an allocation of whitelisted spaces for the HAPE Prime NFT drop, which offered them guaranteed access to the HAPEBEAST NFT collection.
Since the initial issuance of HoK Genesis memberships in 2021, all holders have received at least one NFT or other digital assets, every month of ownership.
In addition to the drop of HAPE Prime whitelist spaces, HoK also previously dropped 3D NFT galleries for use in HoK’s upcoming metaverse. Through such recurring drops, HoK is continuously generating unique value and excitement for its genesis membership holders.
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