Reimagining the future of Metaverse Concerts
The buzzword in crypto nowadays is: #NFT. JPEGs are selling for Millions; Do they actually have a real value in space? Are they all the same ? Well you’re about to learn this topic in seconds.
Yoyo Squad 🎙
Yoyo Squad is the first PFP project by Cey-Labs featuring an artist whom loved by the community, and we’re developing the Next Generation of Live Events in the Metaverse for artists and their fans all around the world; revolutionizing the music industry by offering unique, virtual concerts with A-list performers, co-operating with their NFT drops, live streaming in Metaverse and Non-fungible Tokenizing the entire experience.
I.e. the ultimate goal is to Engage Fans, Distribute Content and Confer Opportunities to Connect with your beloved Artists in a variety of protocols under the Cey-Labs name.
TL:DR; 🥱
Yoyo Squad is not just another PFP NFT collection where you can find everyday and anywhere, but something with utility, great artistic value and great worth in the decentralised world.We are a 10K collection of PFP NFTs where holders are rewarded with Special Airdrops, Astonishing Metaverse Experiences and Access to Exclusive Metaverse Events. Launch date and Minting Prices will be available once the proof of concept of the project is finalized. Be active on our social channels and Discord for more details.
Why in Metaverse ? 🤘
In real life, it’s not easy for an average person to buy tickets for a huge event or a concert to see his/her beloved artists in their live performances due to high demand and limited ticket availability. Tickets for these events often get sold out within few hours or even minutes. Tickets might get sold instantly where a bunch of tickets would be bought by a single person for the actual price and resold those tickets with a huge price margin in secondary market. That is; individuals who hold large amounts of money would grab the opportunity to buy tickets. But doing so, would not help artists, with reaching out to their fans.
Also, as of nowadays, decreasing of album sales as physical albums are not very eminent with the current society and limited capacity for touring due to social distancing, have been acutely effected the artist’s revenue. Yet, fans are yearning to connect and interact with the artists they adore.
Yoyo Squad by Cey-Labs will be a first-of-a kind to build a DAO based Ticketing / Metaverse Event Streaming platform to eliminate aforementioned problems.
And Cey-Labs will get on board the artists whom you (the community) love and get their performances to the Metaverse.
How’d we get the IRL Experience in Metaverse? and is the Hype Real? 🏕
“The Belgian mega rave Tomorrowland went online in 2020 and sold over 1 Million tickets.”
Highlights of few Fortnite Events According to developer Epic Games
“10.7 million people attended the Fortnite’s Marshmello Concert,” which tops the previous largest in-game event;
“Scott’s “Astronomical” in-game event in April 2020 — which drew 27 million global unique players across five airings”
“Roblox, held a virtual concert by Lil Nas X, whose songs were popularized by TikTok attended by 33 million people”
Above are few highlights we had from past years meta concerts which held not in Real Decentralized community-own Metaverses but only were Centralised Gaming experiences.
Usually, an artist can sell 10,000 to 100,000 tickets, but…
>> We speak Millions Here; not hundreds or even thousands.
Yoyo Squad Metaverse live events won’t be another pre-recorded version of stage events. We are planning to stream the performances Live in 2D or 3D with the help of our cinematography teams. Cey-Labs have a Backing team who are Trusted by Google. (Yeah you heard it right Google Trusted Photographers.)
Decentraland (MANA) and SandBox (SAND) are the most popular Metaverses at the moment in the crypto world. And we are planning to provide our NFT holders with the best experiences to the extents that the Metaverse can be utilized for. We; the Cey-Labs, is building a DAO, where the governance to be managed by NFT holders; not by the token holders share. Rather than just being an owner a PFP utility on a NFT, we decided that giving above opportunity would be more usable in decentralized worlds.
Anyone who owns a #YoYo will be eligible to buy tickets for these metaverse events and depending on how you contribute to the community, you might also gain the capability to re-stream them.
And definitely there’s more and we will be keeping you updated in the future.
The ART and the Genealogy 🧬
As you may have seen already, many of the utility based NFTs are not very rich when it comes to Value of Art Generation. Most of them are pixelated and others are not very detailed.
But our very own top-notch artist, never lets us down. Haven’t even drawn an eyebrow without matching it with the main base (skin colour), dived into the tiniest bits of details in the art and have been very passionate and concerned about the art value of the outcome, and enthused to the point where if needed to hand-draw all 10K NFTs one by one, was more than ready to do so. (You can imagine how the ‘value of art’ negotiations would have went ? right ?)
We did lots of research on existing utility based NFT projects, upon very successful projects as well as the failed, and we decided on some dos and don’ts for our project.
Following are some things that we got inspired by Expansion Punks for don’ts (not to insult but for information only)
And there are many more traits and functionalities that we were influenced and encouraged by with various types of PFP projects we found throughout our research.
Finally, Where we Reside? ⛓
Simple and straight: Polygon 💜;
Main reason to go with Polygon is the low Gas ⛽ fee and tx speed, But don’t worry, if you are an ETH lover or a CNFT fan, we got you fully covered with our wrapping engines.
Even so, for the Metaverse experiences we will be using Polygon (MATIC).
Also, Polygon is one of the only three blockchains that have native support in OpenSea, the largest NFT market place globally; from the inception era.
