Business News Report
March 03, 2023

Emmy-Winning Baobab Studios Launches Momoguro NFTs

In Brief

Baobab Studios released an NFT collection featuring characters for its roleplaying game, “Momoguro.”

The tokens, now sold out, can be found on the secondary market at the floor price of 0.75 ETH.

Emmy-Winning Baobab Studios Launches Monoguro NFTs

Emmy-winning interactive animation and VR studio Baobab Studios released the “Momoguro” Ethereum-based NFT collection. 

Momoguro is the studio’s new project that features a fantasy world populated by “Momos,” creatures with unique powers. The initiative features an NFT-powered role-play game, which is expected to launch in the second quarter of this year. The game is powered by ImmutableX, an Ethereum Layer 2 scaling solution. 

Momo
Momoguro

The collection includes 8,888 non-fungible tokens. The NFTs, which are now sold out, went for 0.22 ETH (approximately $346) on the primary market. The NFT characters, called “Holoselfs,” will grant holders access to the Momoguro universe, where players will need to use their unique creatures in order to save “Uno Plane” from monsters that want to destroy it. 

It’s worth noting that the tokens were minted in blind mode, so holders won’t know what their game characters are until later in the future. The current floor price of the collection on the secondary market is 0.75 ETH (approximately $1,177 at the moment of writing). Notably, “Momoguro: Holoself” is now the second trending collection on OpenSea.

Momoguro
Momoguro

Baobab Studios reportedly plans to launch other initiatives for the Momoguro universe: books, films, and more digital collectibles. The creators of the franchise are very active and well-known in the industry. For instance, the company is partnering with Disney to develop an animated cat workplace comedy, “Intercats,” for Disney+. More than that, over the years, Baobab received over $31 million in funding from Samsung, Disney, and other noted companies. 

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About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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