Baobab Studios, which is backed by Disney and has received 9 Emmy Awards for numerous quick movies and digital actuality (VR) experiences, has launched an NFT collection primarily based on Ethereum. That is based on an official assertion made on Thursday. The studio has opted to discover Web3 to find how NFTs can interact customers and improve storytelling experiences.
The Web3 undertaking is dubbed Momoguro, a family-friendly project that can characteristic NFTs and an NFT roleplaying game (RPG). In accordance with the undertaking’s web site, Momoguro is a colourful fantasy world the place creatures often called “Momos” shall be fused to create hybrid characters. It was created by Martin Allais, a multimedia director and animator, with the assistance of Nico Cassavecchia, who doubles as a author and director. That mentioned, the RPG game will enable gamers to go on quests throughout its Metaverse, dubbed “Uno Airplane,” to fuse Momos.
The minting of genesis NFTs kicked off late yesterday and sold out in a couple of hours. The NFTs have been going for 0.22 ETH per piece, or about $365 on the time. At their core, they’re “Holoselves” that gamers can undertake and later take pleasure in within the Uno Airplane universe.
As for the Momoguro RPG, it would launch within the second quarter of this 12 months. It will likely be primarily based on ImmutableX and can embody NFTs as a core game characteristic.

Baobab Studios Hopes To Strike A Deeper Connection With Audiences Utilizing NFTs
Commenting on the choice to discover numerous potentialities on Web3, Maureen Fan, co-founder and CEO of Baobab Studios, notes, “We imagine tales transcend mediums.” Thus, the studio’s “mission is to encourage you to dream and convey out your sense of marvel. Make YOU matter. This begins by creating nice characters and tales, like Momoguro, the place you might be a part of the story.”
She goes on so as to add that “we aspire to carry the Momoguro IP to as many channels, streaming platforms, and widespread media as doable.”
By leaping on the NFT bandwagon, Baobab Studios follows within the footsteps of different Hollywood studios reminiscent of Warner Bros., Lionsgate, Netflix, and Paramount which have experimented with non-fungible tokens.