Company attributes
Other attributes
DROPP is a social NFT minting platform that aims to bring the metaverse into the real world. DROPP Land is a metaverse where NFT tokens for virtual land plots have counterparts in the physical world. DROPP GG is integrated with DROPP 3D, an augmented reality feature that bridges virtual and physical experiences.
DROPP is a powered by Solana.
DROPP combines these technologies through a unique mixture of globalization. Here, we are building a virtual world of communication and data exchange in the real world where each virtual item is connected to real geo-based coordinates tied to the physical world we live in today.
DROPP creates a new language of communication for the media, influencers, artists, collectors and players. The new technology offers unimaginable opportunities to promote, earn and create.
DROPP has raised a total of $8M in funding over 1 round. This was a Venture - Series Unknown round raised on Jan 26, 2022.
DROPP is funded by 9 investors among which are the following:
Kevin Lin
Genblock Capital
Spartan Capital
Anti Fund
Animoca Brands
Alameda Research
Daniel Dinh
Defiance Capital
Three Arrows Capital
In a world filled with traditional social media channels such as Instagram, Facebook, Youtube, Tiktok, etc. We are seeing an exponential shift in culture and innovation within the Web3 ecosystem. There is no doubt that emerging Blockchains, NFT, METAVERSE, Virtual Reality (VR), and Augmented Reality (AR) technologies will be essential sectors for the real world in finance, art, media, and real reality.
DROPP combines these technologies through a unique mixture of globalization. Here, we are building a virtual world of communication and data exchange in the real world where each virtual item is connected to real geo-based coordinates tied to the physical world we live in today.
DROPP creates a new language of communication for the media, influencers, artists, collectors and players. The new technology offers unimaginable opportunities to promote, earn and create.
In the first phase, the main blockchain for DROPP is the SOLANA Blockchain. All operations will be carried out within the SOLANA ecosystem but in the future you can definitely expect us to tackle multi-chains.
DROPP consists of three fundamental areas:
- a. Geo Based DROPP Exclusive NFTs
- b. DROPP Land
- c. DROPP 3D — AR capability
From iPhones to limited edition sneakers, exclusive drops play an irreplaceable role in defining unique markets and culture. Exclusive drops have the ability to create an unparalleled sense of urgency for any product release, and with the NFT market growing faster than ever, DROPP is here to redefine NFT minting culture altogether.
DROPP is a social NFT minting platform where users can mint exclusive artist series NFT based on their geo-location. Users have to be physically present in the specified geo-location in order to mint the exclusive DROPP NFT. We are reverse-engineering how consumers perceive metaverse/digital culture by bringing the real world interaction and tangibility to the metaverse.
DROPP is established with a foundation to empower the current NFT market by creating physical minting events that have historically brought people together in celebration of culture. By enabling geo-location technology, DROPP focuses on the places where physical locations coincide with the Metaverse. This allows DROPP to select event locations that are likely to produce large crowds in both spaces. NFTs minted at these events are associated with unique geo-metadata, increasing their collector’s value.
Exclusive DROPP NFT minting events bring a whole new paradigm to NFT space. By overlaying the metaverse into the real world, DROPP will shift the culture of how users interact with the NFT in the metaverse. We will move the crowd. So, join us on the journey of revolutionizing the social-metaverse: DROPP.
DROPP LAND is the metaverse land where users can purchase virtual plots as NFT tokens, but their counterpart is in the real world. Each LAND is a promotional portal for your business, idea, or brand. Have your own digital storefront where your metaverse becomes an interaction gateway with your visitors.
DROPP land provides distinguished experiences where users can create their own journey within DROPP’s universe.
DROPP LAND is mimicking the real world by enabling geo-location technology. DROPP map provides a holistic view of DROPP earth view where users can buy the land that overlays in the real world location. DROPP saw the need to change the inception of the intangibility of the metaverse by mapping the real world to the metaverse.
DROPP LAND will act as a unique promotional portal that bridges the limitation of current digital experiences. DROPP land is designed to help users monetize whether it is the content or physical goods.
Technology of DROPP Land
Dividing the map into equal parts is a challenge, because there is no easy way to move the surface of the globe onto a flat surface such as a map. Different designs are used for this purpose. DROPP’s product development team have researched and identified unique technology that will have least friction and distortion in our metaverse:
Dymaxion Projection — One of the most popular is the Mercator projection (https://en.wikipedia.org/wiki/Mercator_projection), it is used in most digital maps such as Google maps. The problem with this projection is that it distorts the real magnitudes, the further the area from the equator, the greater the distortion. To minimize this effect, we decided to use the Dymaxion projection (https://en.wikipedia.org/wiki/Dymaxion_map), which minimizes distortions.
HEX — Additionally, by leveraging the hexagon to map out the DROPP LAND, it provides a unique property where center and the adjacent tiles will have equal distance contrast to using triangle or rectangle which will distort the distance.
H3 Coordinate System — Additionally, thanks to the use of the H3 coordinate system and its hierarchical structure, it is possible to mark a position on the map with one number instead of the traditional latitude and longitude. Which allows you to save space on the blockchain and easily filter content in a given area. This allows you to locate the plot on the map and assign its equivalent in the NFT, which also contains this data.
Data is needed to use Geolocation and to track objects located on plots in the real world as well as themselves. Each plot is an NFT token; it stores information about the hexagons that make up it, as well as graphics representing its shape and visualization on the map of its real help. The plot data will be stored in Metaplex metadata on the Arweave blockchain.
DROPP’s mission is bringing the metaverse into the real world. With the recent crisis around COVID-19, social interaction has been restricted in many ways. In one way, the emerging trend of the metaverse is slowly merging into each one of our lives in one way or the other.
For many generations, social interaction has involved physical touch, smelling or tasting. These unique social interactions are what builds us as humans and we think the same concept needs to apply to the metaverse. This will be a new paradigm of social interaction that the world has not seen before.