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10KTF Acquired by Possible Productions, Forming Kagami

October 14, 2024
in NFT
Reading Time: 3 mins read
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Ethereum-based NFT venture 10KTF was not too long ago acquired by Emmy Award-winning artwork and design firm Attainable Productions recognized for its work on world occasions like Coachella and the Tremendous Bowl Halftime Present.

The 2 entities have come collectively to kind a brand new firm—Kagami—and can now oversee the continued improvement of the venture and its web3 improvements.

10KTF was initially based by WENEW Labs in 2021 earlier than Yuga Labs’ acquisition in November 2022.

Possible Production - Kagami
Possible Production - Kagami Supply: 10KTF

Who’s Attainable Productions?

Based in 2010 by Michael Figge, Attainable Productions is a artistic studio with experience in artwork and design, engaged on a few of the world’s largest occasions.

The corporate has additionally been a vital content material companion for 10KTF since its launch, contributing to the venture’s artistic route and improvement.

Moreover, Attainable has performed an energetic function in creating Yuga Labs’ Otherside, a preferred digital world within the web3 house.

Project Dragon by Otherside Meta
Project Dragon by Otherside Meta Supply: 10KTF

What does this imply for 10KTF?

The 10KTF workforce, together with key figures from the venture, will transfer to Attainable Productions as a part of the newly established Kagami firm.

The acquisition permits Kagami to concentrate on additional constructing the 10KTF model and creating modern 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 initiatives nonetheless on observe.

Current options like Wagmi-san’s store will increase to the Nexus, the following stage of the Yuga World, and crafted objects 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 workforce will present a preview of their upcoming developments.

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Tags: 10KFT10KTFacquiredFormingKagamiPossible ProductionsProductionsYuga Labs
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