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Home Technology Metaverse

IT’S THE SHIP SETS SAIL INTO THE METAVERSE – Yahoo Finance

by NewsReporter
May 11, 2022
in Metaverse
Reading Time: 3 mins read
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SINGAPORE, May 11, 2022 /PRNewswire/ — IT’S THE SHIP, Asia’s largest festival at sea, has been sailing the seven seas since 2014 and is set to embark on a journey into the Metaverse after a three-year hiatus. It will be Asia’s first music festival to combine blockchain technology with an immersive festival experience, having previously hosted some of the world’s biggest artists on a 5-star International cruiseliner.

At the forefront of this future-forward shift is IT’S THE SHIP’s first NFT collection. Named “DuckDrop” – each Duck NFT represents a different character or personality from the ITS THE SHIP music festival. Each duck possesses unique traits, which entitles them access to money-can’t-buy, in-real-life experiences aboard any ITS THE SHIP planned throughout the year.

Access to free cabins, lifetime discounts, backstage access, and, most interestingly, voting rights where DuckDrop holders can have a say in the future ITS THE SHIP experiences are among the first perks introduced for all Duck NFT holders. The Genesis collection’s first wave is extremely limited at 888 ducks, with a total supply of 8,888 to be released throughout 2024.

DuckDrop’s long-term goal is to develop the Ship community into a thriving ecosystem focused on music festivals, extended experiences, and uniting like-minded people. “We are bringing people together and supporting the entertainment and music festival industries by releasing NFTs in the hopes that it would bring us closer to the fans. We promise that this will be the first of many experiences in the future. One of the key utilities offered by DuckDrop is cool in-real-life experiences to be airdrop to all its holders.” quote by Samira Davidson, Project Lead.

For the inaugural NFT collection, the Genesis, 888 eggs will be available for minting. DuckDrop holders will get to witness the eggs hatch and evolve on-chain into unique ducks with four base traits. The DuckDrop NFT will be available for purchase on the official website or the secondary market via OpenSea. Following the release of the Genesis, the mint price will increase as overall supply reduces and more ducks get introduced. IT’S THE SHIP plans to collaborate with well-known NFT artists and brands for the following collections.

Watch the DuckDrop Official Announcement video here. To stay up to date on this project, visit www.itstheship.com or follow us at:

www.instagram.com/itstheship

www.twitter.com/itstheshipasia

www.facebook.com/itstheship

ABOUT LIVESCAPE GROUP

The Livescape Group is an award-winning creative experience & business incubator based in South-East-Asia and is behind some of the largest entertainment IPs focused on events and festivals in the lifestyle sector. Post-pandemic, The Livescape Group is now a creative experience & business incubator, and continues to keep its entertainment IPs to be future proof by evolving from Web2 to Web3. The Livescape Group currently has offices based in Malaysia, Singapore, and Jakarta.

ABOUT IT’S THE SHIP

IT’S THE SHIP is Asia’s Largest Festival at sea, sailing through Singapore, China and South Korea since 2014. With a community of 300,000 shipmates from all around the world, IT’S THE SHIP is set to embark on a journey into the Metaverse after a three-year hiatus. IT’S THE SHIP is based in Singapore, Asia’s most blockchain-friendly country.

SOURCE Livescape

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