Ethereum-based NFT mission 10KTF was not too long ago acquired by Emmy Award-winning artwork and design firm Doable Productions recognized for its work on international occasions like Coachella and the Tremendous Bowl Halftime Present.
The 2 entities have come collectively to type a brand new firm—Kagami—and can now oversee the continued growth of the mission and its web3 improvements.
10KTF was initially based by WENEW Labs in 2021 earlier than Yuga Labs’ acquisition in November 2022.
Supply: 10KTFWho’s Doable Productions?
Based in 2010 by Michael Figge, Doable Productions is a artistic studio with experience in artwork and design, engaged on among the world’s largest occasions.
The corporate has additionally been a essential content material companion for 10KTF since its launch, contributing to the mission’s artistic route and growth.
Moreover, Doable has performed an energetic function in creating Yuga Labs’ Otherside, a preferred digital world within the web3 house.
Supply: 10KTFWhat does this imply for 10KTF?
The 10KTF group, together with key figures from the mission, will transfer to Doable Productions as a part of the newly established Kagami firm.
The acquisition permits Kagami to concentrate on additional constructing the 10KTF model and creating progressive instruments for the web3 house. Regardless of the change in possession, 10KTF will proceed to function as a premier companion inside Yuga Labs’ Otherside platform with a number of tasks nonetheless on observe.
Present options like Wagmi-san’s store will increase to the Nexus, the following stage of the Yuga World, and crafted gadgets from the 10KTF ecosystem will stay interoperable inside the Otherside metaverse. Moreover, the Grailed PFP assortment will proceed to be built-in into Otherside, giving holders entry to in-game occasions and options.
Wanting forward, the following season of 10KTF is predicted to be introduced after ApeFest in Lisbon, the place the group will present a preview of their upcoming developments.
