Celebrity NFT drops, coupled with VIP experiences and a new token airdrop makes up Theta Network’s ThetaDrop. ThetaDrop is among the most innovative marketplaces in 2022 that have helped the NFT space to thrive. The green platform consists of innovative tokenomics, live auctions, and even the Theta.tv dedicated streaming site.
Here is what to know about ThetaDrop’s THETA token price and why there is a lot of demand for the project. ThetaDrop is the latest NFT innovation by Theta Network.
ThetaDrop is an environmentally-friendly new NFT marketplace that focuses on entertainment drops.
What Is ThetaDrop?
In general, ThetaDrop seems to be the first real-time NFT marketplace powered by the Theta blockchain. Although it is quite new in the nonfungible token space, the platform already provides live-streaming services for NFT drops and auctions. Interestingly, ThetaDrop can also broadcast live streams on the TV thanks to its links with cable broadcasters.
The marketplace works under Theta Network, which is a blockchain solution that primarily focuses on media and entertainment. In general, it is a green and cheap option. Its proof-of-stake (PoS) technology makes every transaction 100% environmentally friendly. In the case of NFT trading, one transaction on Theta Network costs just a fraction of a penny – and it works 100 times faster than Ethereum.
Notably, this new strategy convinced tens of iconic artists, brands, and events to introduce their collectibles through ThetaDrop. The NFT marketplace boasts collectibles from Kate Perry, American Idol, World Poker Tour, and many more.
Which NFTs Are On Theta?
In 2021, ThetaDrop debuted with the World Poker Tour collectibles; collectors managed to buy digital WPT packs and attend live auctions. The mint was highly successful, such that the two are now planning to launch a Web3 Season Pass.
Within a short time, other partners joined the platform. For instance, Resorts World Las Vegas released composite NFTs with different rarities. Every collectible came with VIP tickets to the venue’s luxurious facilities, and several other unique experiences.
Commenting on entertainment, you may also find NFTs from American Idol, FailArmy, and The Price Is Right. Are you looking for a PFP-style NFT collection instead? The marketplace hosts these drops as well, including ThetaPunks.
Other iconic celebrities and brands who partnered with ThetaDrop include:
- Sony
- Kate Perry
- Samsung
- Dionne Warwick
- Pittsburgh Knights
- Winston Goodfellow
In general, this marketplace boasts some unique initiatives that bring technology and entertainment together. The best part is that you can join it too.
