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Digital Agency
for the Metaverse

Looking Glass Labs is a leading Web3 platform specializing in NFT architecture, immersive metaverse environments, play-to-earn tokenization, and virtual asset royalty streams.

Breaking News | February 24, 2022

Looking Glass Labs to Acquire Development Division of LACA Solutions and Establishes APAC Web3 Office

Newly Public Looking Glass Labs (NEO: NFTX) is Already Soaring as Potentially the Ultimate Web3, NFT, and Trillion-Dollar Metaverse Disruptor (Source 6)

01

The Stock Has Barely Been Public, and Already It’s Soaring

NFTX went public on Feb 3, 2022, (Source 11) and ran from a low of CAD $0.45 to a peak of CAD $0.96 on Feb 9, 2022, more than doubling in its first week of trading by 113.33%. (Source 12)

02

Its NFT Royalty Streaming Platform

Looking Glass Labs’ (NEO: NFTX) NFT royalty streaming model gives its shareholders the upside of owning multiple NFT collections with limited downside and no transaction costs. It partners with and supports world-leading NFT collections in various ways and earns revenue from drops and royalty payments in perpetuity from secondary sales.

03

​​Its Leading Brand House of Kibaa (HoK) Could Disrupt the Metaverse With Expertise and Exciting Partnerships

House of Kibaa (HoK) is a Web3 studio at the forefront of technologies in the blockchain, NFT, and metaverse sectors. HoK partnered with GenZeroes, believed to be the first live-action NFT series, (Source 15) and rising basketball player Zaire Wade, the son of Miami Heat legend Dwyane Wade.

04

HoK’s Explosive Revenue Streams Could Transform the Metaverse and Compete With More Established Brands

HOK has a solid revenue foundation, memberships sold, monthly growth, and social numbers. Its Genesis Membership NFT drop generated roughly $490,00 in barely four weeks and appreciated 1,850% in nearly five months. (Source 10) It also generated 10,000 unique 3D avatars called GenZeroes that sold out in under 40 minutes for a total of CAD $6.2 million. (Source 10)

05

The Anticipated Upgraded HoK Metaverse Could Completely Change the Game

HoK anticipates releasing its hyper-realistic metaverse in the second half of 2022. (Source 14) This forthcoming HoK metaverse will be constructed with the Unreal Engine, an engine at the forefront of gaming worlds and the world’s most open and advanced real-time 3D creation tool. (Source 17)

If the Super Bowl halftime show with Dr. Dre, Snoop Dogg, Eminem, and Mary J. Blige gave you serious 1990s nostalgia, you’re not alone. The good old days were different.

With the way the market’s been lately, you indeed might have some 90s nostalgia for the dot-com boom, too. Nerds became new rock stars, the internet was born, and tech stalwarts like Microsoft and Apple surged. Others such as Amazon, eBay, Booking Holdings (formerly Priceline) transformed our lives and created multi-billionaire owners and some very wealthy investors.

The NASDAQ also skyrocketed from below 700 points in 1994 to over 5,000 by March 2000. (Source 1)

(Source 1)

However, warm and fuzzy feelings of the past don’t help anyone today. It’s time to start focusing on the future because if not, you might miss the dawn of the next tech boom and the new iteration of the internet: Web3, NFTs, and the Metaverse.

Web3 is the decentralized and blockchain-based evolution of the World Wide Web. NFTs are collectible digital assets, and the metaverse is a socially-connected 3D virtual network.

The potential could be insane.

There’s a reason the media won’t shut up about it.

(Source 10)

Unfortunately, many have missed the boat on this generational potential because of how complex and intimidating it can be to add exposure to these world-altering technologies.

Chances are, if there were a way you could get involved with a company that had seamless exposure, you’d jump at the chance.

Today’s your lucky day because now you can. Say hello to Looking Glass Labs (NEO: NFTX).

Looking Glass Labs (NEO: NFTX) is a leading Web3 platform striving to be the leading digital agency specializing in NFT architecture, immersive metaverse environments, play-to-earn tokenization, and virtual asset royalty streams.

As it’s only been public since Feb 3, 2022, (Source 11) it could be a genuine ground floor play in this booming space. All while providing shareholders with diversified access to the NFT markets, with multiple revenue streams and significant growth opportunities.

Here are the top 5 reasons why.

Reason 1- The Stock Has Barely Been Public and Already It’s Soaring

Looking Glass Labs (NEO: NFTX) is the new kid on the block. So, of course, there’s not much out there yet regarding fundamental or technical analysis and earnings. After all, as of Feb 17, 2022, NFTX has only been actively trading for about two weeks.

But if you look at the chart, you might gasp. In its first week of trading, the stock more than doubled between Feb 3, 2022, and Feb 9, 2022, surging 113.33% from a low of CAD $0.45 to CAD $0.96. (Source 12)

(Source 12)

Although the stock has mildly pulled back since then, it’s remained relatively sideways and stable. As the stock is in its very early days of being public and at the forefront of what could be the birth of the next dot-com boom, you may want to pay close attention.

What we saw in its first week of trading may only be a preview of what could happen at the snap of a finger.

Reason 2- Its NFT Royalty Streaming Platform

The NFT ecosystem runs on Blockchain technology. It fosters a marketplace where creators and their partners receive 3-10% royalty payments for every sales transaction of their virtual goods. These royalties include both initial sales and in perpetuity on all future transactions.

As such, NFT royalty and development platforms have the opportunity to collect lucrative passive payments in perpetuity.

Looking Glass Labs’ (NEO: NFTX) NFT royalty streaming model gives its shareholders the upside of owning multiple NFT collections with limited downside and no transaction costs.

In other words? Looking Glass Labs’ (NEO: NFTX) partners and supports world-leading NFT collections in various ways and earns revenue from drops, as well as royalty payments in perpetuity from secondary sales. It’s never been easier than now to be included in the digital renaissance.

(Source 10)

Making money from NFT drops is cool, but the money in perpetuity makes NFTX truly special.

Through collaborations and consulting opportunities, accretive M&A, and partnerships, Looking Glass Labs intends to make this its foundation. The Company plans to build out a portfolio of perpetual royalty streams, resulting in consistent, de-risked, passive revenue.

(Source 10)

Reason 3- Its Leading Brand House of Kibaa (HoK) Could Disrupt the Metaverse With Expertise and Exciting Partnerships

A 100% owned subsidiary of Looking Glass Labs, House of Kibaa (HoK) is a Web3 studio at the forefront of technologies in the blockchain, NFT and metaverse sectors. HoK is designing a hyper-realistic metaverse for 3D assets, allowing functional art and collectibles to exist simultaneously across unique NFT blockchain environments.

HoK is the innovation hub for all things NFTs. It blends creative wizardry and expertise and allows anyone from a content creator, NFT collector, or tech evangelist, to realize the boundless potential of the coming NFT revolution.

(Source 13)

The first thing that makes HoK so unique is its expertise with the following: (Source 14)

3D Production & Tokenization

The exceptional use of blockchain-based NFT tech backs HoK's immersive 3D assets. They are fully compatible with House of Kibaa's metaverse, Project Origin.

Metaverse-Ready Consultancy

HoK’s metaverse-ready solutions allow companies to unlock the value of virtual endorsements and branding opportunities. Its NFT capabilities can help anyone capture the boundless possibilities of the metaverse.

HoK’s two primary projects could be the start of something huge.

First, there’s GenZeroes. This exhilarating multiverse of characters and villains shaped by the HoK’s community is believed to be the world’s first live-action NFT series. (Source 15) It is also HoK’s first hybrid project which combines digital identity and digital membership into an NFT.

Then, there’s YNG DNA, a strategic partnership with rising basketball star Zaire Wade, the son of Miami Heat legend Dwyane Wade. The collaboration creates exclusive 3D artwork, rendering of YNG-DNA assets, and a single ultra-rare avatar playable in the metaverse.

As HoK progresses into a hyper-realistic experience across 20 unique environments (Source 16) it recently entered into an arrangement with Venly, a prominent blockchain technology innovator, to pursue integration opportunities. Through its website at www.venly.io, Venly has approximately 1.5 million end users for its custodial cry-pto wallet solutions offered in Widget and API formats. (Source 16)

Venly also recently issued an NFT called MetaRing to position holders in the metaverse’s figurative center. (Source 16)

Reason 4- HoK’s Explosive Revenue Streams Could Transform the Metaverse and Compete With More Established Brands

More established similar platforms such as Roblox might be starting to get very nervous. Because the word is getting out about HoK, and it’s projected to see exponential growth.

(Source 10)

Already, HOK has a very solid foundation to one day get to this level. (Source 10)

Looking Glass Labs’ (NEO: NFTX) takes its diversified perpetual revenue model with NFTs and uses it with HoK too. It deploys a tiered revenue model that began with the commercial launch of its Genesis Membership NFT in Q2 2021, followed by continued investments in research and development to drive revenues from five streams: (Source 10)

What makes HoK so potentially terrifying for more established metaverse players is how rapid and explosive much of its growth has been.

Take the Genesis Membership NFT drop, for instance. HoK debuted its Genesis Membership in May 2021, allowing holders to purchase one NFT and receive a lifetime of HoK produced digital assets airdropped monthly. Initially minted Genesis Memberships were sold by HoK for $500 apiece, generating roughly $490,000 in roughly four weeks. By Sep 30, 2021, these memberships resold on the secondary market for approximately $9,814 apiece, equating to an astounding 1,850% price appreciation in barely five months. (Source 10)

Or how about its GenZero drop? HoK developed 10,000 unique 3D avatars called GenZeroes that sold out in under 40 minutes for a total of CAD $6.2 million. (Source 10)

Remember, Looking Glass Labs (NEO: NFTX) and HoK have a perpetual royalty business model. By Oct 7, 2021, nearly CAD $1 million of GenZero NFT sales occurred, and HoK gets a lifetime royalty stream on 10% of all these resales.

Reason 5- The Anticipated Upgraded HoK Metaverse Could Completely Change the Game

Everything that Looking Glass Labs (NEO: NFTX) and HoK have developed has led up to a potentially shape-shifting moment.

We could be on the cusp of the launch of HoK’s hyper-realistic metaverse, potentially by the second half of 2022. (Source 14)

This forthcoming HoK metaverse could be so much different than just a virtual space where users can interact with other users in a computer-generated environment. It could be a colossal advancement in virtual world technologies.

Built “Unreal 5” ready, this new HoK metaverse will be constructed with the Unreal Engine, an engine at the forefront of gaming worlds. The Unreal Engine is the world’s most open and advanced real-time 3D creation tool (Source 17)

HoK is using Unreal’s newest groundbreaking Engine to deliver unparalleled reality to its community potentially putting it in the same stratosphere as major gaming operators such as Activision. (Source 10)

(Source 10)

In case you forgot, Microsoft just paid $68.7 billion to acquire Activision. (Source 18) So it’s fair to say that Looking Glass Labs (NEO: NFTX) knows the potential it could be staring at. 

The Key Takeaway…
Web3, NFTs, blockchain, and the metaverse, and all of these futuristic terms can be intimidating, overwhelming, and an outright pain to research and try to understand. Fortunately, Looking Glass Labs (NEO: NFTX) makes it easier to do so than ever before as an all-encompassing platform with seamless exposure to all of it. No longer should you fear something that you don’t understand. It should never be an excuse to miss the boat on something so potentially historically transformative that it could be comparable to the invention of the internet all over again.

This newly public Web3 platform strives to be the leading digital agency specializing in NFT architecture, immersive metaverse environments, play-to-earn tokenization, and virtual asset royalty streams. And it could genuinely be on the ground floor. After all, its stock more than doubled in its first week of trading. So perhaps many are already beginning to find out its potential.

With the birth of the metaverse often compared to buying Manhattan real estate 250 years ago, (Source 7) this may be a ground floor play to get on your radar immediately.

The Genzero Drop

HoK devised a generative series of 10,000 unique 3D avatars, called GenZeroes, which it sold to in a wildly anticipated NFT sale on September 30, 2021. In under forty minutes, all 10,000 GenZero NFTs were sold and delivered to the blockchain wallets of 3,000 new owners resulting in ~CAD$6.2M in revenue.

As of October 7, 2021 nearly CAD$1M in GenZero NFT resales have occurred of which HoK achieves a lifetime royalty stream of 5% on all resales.

Sources

Source 1: https://schrts.co/XwBeHNAg 

Source 2: https://tradingplatforms.com/blog/2021/04/07/nfts-market-cap-experienced-a-cagr-of-187-from-2018-2020-55m-in-revenue-for-2020/ 

Source 3: https://www.entrepreneur.com/article/413066 

Source 4: https://www.coindesk.com/tech/2021/10/29/heres-why-a-cryptopunk-sold-for-530m/ 

Source 5: https://twitter.com/visanews/status/1429745230023208969?s=21 

Source 6: ​​https://grayscale.com/wp-content/uploads/2021/11/Grayscale_Metaverse_Report_Nov2021.pdf  

Source 7: https://www.wsj.com/articles/metaverse-real-estate-piles-up-record-sales-in-sandbox-and-other-virtual-realms-11638268380?page=1  

Source 8: https://www.cnbc.com/2022/02/01/metaverse-real-estate-sales-top-500-million-metametric-solutions-says.html 

Source 9: https://www.globenewswire.com/news-release/2022/02/11/2383531/0/en/Blockchain-Market-Size-Worth-227-99Bn-Globally-by-2028-at-72-9-CAGR-Exclusive-Report-by-The-Insight-Partners.html 

Source 10: https://assets.website-files.com/6173a6a8b49722422df76c46/61dddaed90889979e78c7fe0_Looking%20Glass%20Labs%20-%20Winter%202022.pdf 

Source 11: https://finance.yahoo.com/news/looking-glass-labs-goes-public-130000928.html 

Source 12: https://www.barchart.com/stocks/quotes/NFTX.NE/interactive-chart 

Source 13: https://www.lgl.io/brand 

Source 14: https://houseofkibaa.com/ 

Source 15: https://www.genzeroes.com/ 

Source 16: https://finance.yahoo.com/news/looking-glass-labs-venly-integrate-120000061.html 

Source 17: https://www.unrealengine.com/en-US/ 

Source 18: https://news.microsoft.com/2022/01/18/microsoft-to-acquire-activision-blizzard-to-bring-the-joy-and-community-of-gaming-to-everyone-across-every-device/