REBASE (formerly DDrop) is a social NFT casting platform based on geolocation technology. In January this year, REBASE announced that it had obtained $8 million in financing. Investors include Animoca Brands, Three Arrows Capital, DeFiance Capital, Alameda Research, Spartan Capital, Genblock Capital, Antifund VC and PANONY etc.
Specifically, REBASE has created a form of NFT minting similar to the Pokémon Go treasure hunt mode. The project mainly consists of three parts:
1. reBASE 2D - based on"Find to Earn"Mechanism's NFT Minting Mode
REBASE wants to change the mainstream NFT casting model. By using geolocation technology, creators can use the reBASE APP to place files such as images, movies, sounds, etc. stored in the memory of the mobile device on a selected route, and then the app will Automatic creation of NFTs based on the Solana blockchain through the built-in wallet. The user can also set the price at which he wants to sell the NFT. And minters need to find NFT along this route and mint to get rewards.
REBASE will also cooperate with well-known artists and brands to create exclusive NFTs. These NFTs will be carried out in reBASE APP and designated locations in the real world, and the number is limited. Already working with streetwear godfather Hiroshi Fujiwara and modern skate culture pioneer Mark Gonzales.
In addition, there will be an NFT marketplace within the reBASE APP where users can exchange, sell or buy NFTs. Apart from these functions, the app also has all the typical social functions, such as adding friends, following KOLs, sharing content, commenting, liking, etc.
2.reBASE LAND
reBASE LAND mimics the real world by enabling geolocation technology, where users can purchase land overlaid on real world locations. These lands are presented in the form of NFT, and buying a piece of land also means that you can sell, lease or pledge $reBASE on it to earn income. In addition, users can also place valuable NFTs on the land to attract other players to mint.
3.reBASE 3D
The 3D AR module allows users to create 3D models that can be displayed in virtual 3D space or presented in real space as AR objects. Each 3D object is an NFT on Solana and stored on the Arweave blockchain. Users can also place 3D models on reBASE LAND, such as creating 3D buildings, to attract other users to visit and interact. It is also possible to create your own 3D business center.
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Odaily's [New Projects] column aims to help early Web3 projects gain market exposure opportunities. If you are also a Web3 entrepreneur, please follow the official Twitter @OdailyChina, private message [seeking reports], send your project introduction and contact information, we Will communicate with you as soon as possible.
