Baobab Studio’s NFT Series Momoguro Launches on Ethereum and Opens for Casting

03/02/2023 12:09 • NFT Newsflash • 151 views

On March 2, it was announced that the NFT series Momoguro, launched by Hollywood animation studio Baobab Studios, which won the Emmy Award and was supported by Disney, on Ethereum, will be open for casting today. The whitelist users can cast their Genesis NFT at a price of 0.22 ETH (about US $365).

The NFT series Momoguro launched by the Hollywood animation studio Baobab Studios will be cast today

Interpret the above information:

On March 2, Baobab Studios, the Hollywood animation studio that won an Emmy Award and is backed by Disney, announced that their NFT series, Momoguro, will be open for casting. The Momoguro series is a collection of unique, non-fungible tokens (NFTs) that are hosted on the Ethereum blockchain. It includes a set of animated creatures that were created by Baobab Studios and presented in a virtual world.

Baobab Studios aims to provide a new dimension in storytelling and entertainment by creating immersive experiences with the use of VR and AR technology. And now, by launching their Momoguro series on Ethereum, Baobab Studios has joined the growing number of companies that have embraced blockchain technology to enhance the value of their intellectual property and monetize it through selling NFTs.

The Momoguro series includes a set of Genesis NFTs, which are the first and original NFTs in the series. These NFTs are not only unique but also have a history and a story that is attached to them, which increases their value. By casting their Genesis NFTs, users will be able to participate in the creation of the Momoguro world and potentially earn rewards.

Interestingly, the Momoguro series is only open to whitelist users. In other words, users have to be pre-approved by Baobab Studios to cast their Genesis NFTs. This approach ensures that only verified buyers will be able to participate in the casting process. The price of casting a Genesis NFT is 0.22 ETH, which is approximately equivalent to $365 in US dollars.

In conclusion, Baobab Studio’s Momoguro series is an exciting development in the world of NFTs. By using Ethereum to host their NFTs, Baobab Studios is providing a secure and decentralized platform for these assets, which mitigates the risk of counterfeiting or misappropriation. Furthermore, the Genesis NFT casting process provides users with a chance to contribute to the development of this new virtual world while potentially earning rewards.

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