The new partnership has been signed to release two new packages of composite NFTs that are going to provide a luxury experience. The proposed NFTs will be NFT within an NFT and will be released in two separate packages for ecosystem. It is pertinent to mention sere that there are two conditions to avail these NFTs: they must be redeemed before the 1st of November and the buyer must be 21 years of age.
Moreover, along with the two composite NFTs, a third commemorative NFT will also be launched to celebrate this partnership. The third non-fungible token (NFT) will be priced at 10 dollars and will be available on the NFT marketplace of Theta Labs.
Both these entities, Theta Labs and Resorts World Las Vegas, were bound in another partnership as well in February. They collaborated to release NFTs that provided offline utility and real-world benefits to the clients at the casino resort. Resorts World Las Vegas is a casino and hotel located on the Las Vegas Strip in Winchester, Nevada.
Mitch Liu, the CEO and Co-founder of Theta Labs said in this regard that his firm has always tried to provide NFTs that provide real-world benefits to the holders.
The Experiences of Theta Labs
The NFTs are named ‘Presidential Package’ and ‘VIP Party Package’ and provide different experiences and benefits. The Presidential Package NFT provides a two-night stay in a presidential suite. The other benefits include a pick-up from the airport in a private car, VIP spa treatment for two people, and tickets for a show at Resorts World Theatre for two. But wait a minute, the list hasn’t ended yet. A private wine tasting experience and cocktail masterclass with a mixologist of Resorts World Las Vegas is also included in the package for the same number of guests.
The other package might lose its importance if compared with Presidential Package but it also guarantees a memorable experience. It includes entry tickets (2) to Zouk Nightclub with a night’s stay in Hilton Hotel’s standard room for two nights. The additional perks include a VIP daybed and a VIP pool with Food and Beverage starter package. Only people 21 or above can avail both of these packages.
Inclination towards Real-world Advantage
The track record of Theta Labs shows that it has always tried to offer NFTs with real-world value. In this regard, it had collaborated with Sony to release a one of its kind 3D NFT that didn’t require 3D glasses. The “Tiki Guy” NFT is compatible with Sony Spatial Reality Display. NFT buyers would be provided the display free of cost with free shipping, which would otherwise cost 5k dollars.
Previously, Theta Labs had announced a partnership with American Idol as well which also focused on providing real-world advantages. It offered NFTs in the form of contestant-based trading cards with the collector having an NFT of the winning contender. As an advantage, the holder received a Winner’s Ticket to Hollywood NFT which could be redeemed for a physical ticket to Hollywood NFT as well. Delivery of the physical ticket was assigned to American Idol.
