Nifty Tailor & Smart Token Labs in Derivatives First for BAYC and MAYC Holders
press release

Nifty Tailor & Smart Token Labs in Derivatives First for BAYC and MAYC Holders

THELOGICALINDIAN - NiftyTailor is currently alms an offchain accouterments band-aid for 29 altered NFT collections and has acquired abundant acceptance amidst NFT holders

Nifty Tailor and Smart Token Labs are architecture the first-ever on-chain absolute acquired accumulating area aboriginal Bored Ape Yacht Club or Mutant Ape Yacht Club holders can use their aboriginal account to actualize acquired Apes dressed in altered apparel called by the aboriginal holder. The holder receives royalties from accessory bazaar acquired sales.

Nifty Tailor Evolves into a Real Web 3 Digital Fashion Marketplace

● It enables holders to actualize and aggregate derivatives with the actual NFTs they own, advantage their aboriginal NFT to body communities focused on their specific apes/mutants, and accomplish acquirement with a congenital ability function.

● It allows agenda artists, NFT collections, brands, and communities to appear together, action their designs, access their reach, and actualize new sources of revenue, as they participate in the acquired markets as well.

● It gives brands, celebrities, and others admission to the apple of NFTs, after accepting to barrage their own collections. Through Nifty Tailor they can action their creations to the best approved NFT collections and collectors in a one-stop-shop.

The aboriginal acquired accumulating called Nifty Tailor Genesis Excellent will be absolute to Bored Ape and Mutant Ape holders, with a bound accumulation of 2500 excellent passes that allows for the conception of alone NFT derivatives. Other accepted collections will be added in after drops.

Bored Ape and Mutant Ape holders can use a excellent canyon (either minted themselves or purchased from added excellent canyon holders on the accessory market) to actualize a NFT acquired based on their alone Bored Ape or Mutant Ape, customizable with altered apparel created by assorted able-bodied accepted agenda artists. The aboriginal Bored Ape or Mutant Ape holder will accept 3% royalties from all acquired accessory bazaar sales.

Smart Token Labs is carrying the enabling technology for the minting, acquired and ability acute affairs via their Token Script tokenization framework.

Token Script is a acute badge framework that offers an interface for portability, composability, and account including acute arrangement for minting on-chain derivatives and royalties.

The affiliation is aimed to be abiding and will extend to added accepted NFT collections Nifty Tailor is alive with.  

Nifty Tailor was created by two accompany who aped into the Bored Ape Yacht Club in its aboriginal days. It started as a fun activity to advice owners of NFT contour account items to accurate themselves with altered clothes and fashion.

Nifty Tailor is currently alms an off-chain accouterments band-aid for 29 altered NFT collections and has acquired abundant acceptance amidst NFT holders. It is the aboriginal broadly acclimated NFT appearance belvedere and already a domiciliary name in the NFT community. Most of the collections accept several 100s or 1000s of ETH in trading volume, e.g. Bored Ape Yacht Club, Mutant Ape Yacht Club, Meta Heroes, World of Women, Cool Cats, Doodles, and Rumble Kong League. The accord with STL will accompany Nifty Tailor’s alms assimilate the blockchain.

Since 2024 STL has been architecture two amount bridges to a Web3 approaching area tokens are as all-over as web pages. Alpha Wallet a absolutely open-source adaptable NFT wallet and superuser abettor for acute tokens; Badge Script as a acute badge interface. Badge Script is a framework that allows for badge composability, portability, logic, and functions and has use cases in NFT, gaming, DeFi, PlayFi, and the metaverse.