Introducing Neo Punk Society: NFTs Dedicated to Metaverse Festivals
In just a short amount of time, the rise of NFTs has skyrocketed. It seemed as though one day we woke up and NFTs became a part of everyone’s conversations, whether they understood how they actually worked or not. Nevertheless, the world of NFTs has us ever so intrigued! Among the countless groups within the digital realm, Neo Punk Society has come to our recent attention.
What is Neo Punk Society?
Neo Punk Society will be the first organization dedicated to festivals and concerts in the metaverse. Their objective is to optimize their technology their first year to produce concerts and festivals with artists from around the world. The first concert dedicated to the NPS community will be held for approximately 20 minutes in March. Anyone who holds a Neo Punk Society NFT will be granted free admission to the concert. Before the end of 2022, NPS plans to organize a festival with 2-4 DJ guests to perform in the metaverse.
What are the perks of being a Neo Punk Society NFT holder?
Neo Punk Society NFT holders have many perks, such as private festivals and concert access, higher royalties, exclusive content, and more. They will earn 100% royalties related to ticket sales, merch, land rental, and ad displays during concerts. Each NFT holder is essentially looked at as an investor in the project, which allows them to partake in decision making as a DAO (Decentralized Autonomous Organization)
How does an NPS concert in the metaverse work?
NPS’s first event will be run as a beta version. During this, they will take time to optimize the technology with their engineering team. When the DJ is ready, they will record the voice of the artist and their voice will be broadcasted live into the meta concert and a hologram will appear on the set.
What are the ads displayed during events about?
Ad displays are key to this organization’s business. Brands are interested in advertising in the Metaconcerts, which brings a source of income for NPS NFT holders. NPS has decided to implement this model in order for them to give back royalties to their holders.