DriP X AMA session with BeInCrypto
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In our AMA session with Vibhu Norby, CEO and Co-Founder of the DriP NFT platform, we get some very pressing answers about the future of the NFT market. Introducing DriP, Vibhu tells us about the platform which has more than 150,000 daily users and 400,000 collectors every month.
By combining Web2 engagement with Web3 monetization, Vibhu offers valuable insights into its mission to transform the digital content landscape. Discover their unique approach to NFT distribution, partnerships and the future of digital collections.
Plus, find out how you can participate in their fun airdrops on Baybit's Airdrop Arcade platform. Without further ado, let's dive into DriP and learn interesting insights from Vibhu Norbi himself!
AMA session from Vibhu Norby on DriP NFT platform
BIC: We are getting ready for our AMA session! Today we have a special guest here – the CEO and co-founder of the DRiP NFT platform.
🗣 Community
As usual, I'll have some questions from DRiP for today's speaker. He will then answer the 5 most interesting questions (quick reminder: we've already collected these questions!) 🔥 These 5 lucky community members will win $20!
Vibhu, let's start with the basics. Please introduce yourself and your project.
Vibu Norbi:
Hey! I'm Vibhu Norby (follow me on Twitter: @vibhu) and the founder of DriP (@drip_haus).
DriP is the #1 and fastest growing collection platform in crypto, with around 150,000 daily users and 400,000 collectors every month. why? It's free to start and host your original art, music or videos on the chain. You can find us at drip.haus. Use Phantom Wallet by Solana and my code TACOTACO to register for free.
BIC: Community, don't miss this offer! I myself tried to register for free (otherwise you must have 0.1 Solana in your wallet) but now I use this code! all right. What is your goal as a Web3 project? What opportunities does your platform offer collectors and creators?
Vibu Norbi:
Our goal is to fix the broken business models on the Internet around content: expensive subscriptions, paywalls, and boring ads.
DriP connects creators and fans directly through digital ownership. Collectors can give back to support innovation and score rare commercial digital items in return. Creators build large, engaged and appreciative audiences.
A collector gave $500 to a creator last week and 12 hours later sold the collection they received for $15,000!
BIC: But last November, the famous NFT marketplace OpenSea laid off more than 50% of its employees and one of OpenSea's investment sponsors reduced its shares by 90%. Many believe that the popularity of NFTs has passed and is unlikely to return… What do you think about it? What does the future hold for the NFT market?
Vibu Norbi:
DriP is unlike anything seen in NFTs before. Last year we distributed over 125 million collectors.
I personally I think some of the things that happened with NFTs in 2021 will never happen again. But in the long run, the format makes sense. It introduces real-world mechanics to digital objects. That never goes away, it just changes. I think DriP is a perfect example.
BIC: In terms of diversification, how does DriP Haus enable users to reduce risks by diversifying their assets? Does the platform provide any guidance or recommendations for facilitating diversity?
Vibu Norbi:
DriP is a very simple product, we don't store any assets for users. Our goal is to help discover and support creators.
BIC: I read your X and saw a lot of frequent tweets from artists active on your platform. How do you attract innovators? What do you think are the main advantages of the platform for artists to choose DriP?
Vibu Norbi:
Creators are currently choosing to drive DriP. We receive many of them through referrals, from our aggregators, from other crypto projects.
Artists prefer DriP because the product is perfectly compatible between Web2 and Web3 content platforms. Audience like Web2 and engagement, monetization and digital ownership like Web3. They are platform creators who have been around for years.
BIC: Tell us about the selection process for properties listed on DRiP Haus. What criteria are considered to ensure the inclusion of high-quality and sustainable projects?
Vibu Norbi:
We don't collect assets, but we select creators. We are always looking for something new. Ultimately, it's not our job to find high-quality content, but to provide a way for the cream to rise to the top.
BIC: Sounds interesting! What should I do if I want to become an NFT-artist? What should I pay attention to when choosing an NFT marketplace? Share your advice for future NFT-artists!
Vibu Norbi:
There are many options on Solana and other chains to create. The best advice is to collect before you create. Meet other artists and creators you admire. Networking and interaction. Then when you're ready, pick your favorite platform and go.
BIC: At the end of January, they released a collection in collaboration with the famous millionaire biohacker, billionaire biohacker Brian Johnson. Tell us about this project. What inspired this collaboration from the DRiP community?
Vibu Norbi:
Haha yeah, that was great. Brian is awesome. He collaborated with a Dejan poet on a series of typewriter artworks. It was extremely well received at DriP, there were like 120,000 or maybe 150,000 attendees.
BIC: Who else are you planning to collaborate with?
Vibu Norbi:
We recently announced a partnership with Worldcoin, and many top teams are coming to build on Solana, such as Pyth, Wen, Parcl, SharkyFi and many more. Every week we launch a new protocol or dApp partnership.
BIC: I know your platform offers a reward system for collectors. How can users find them?
Vibu Norbi:
That's right, users get Droplets on our platform, which can be used for collection, donation, likes and so on. They provide mobility in our platform. You can get them every 6 hours.
BIC: Okay, Vibhu. It will be my last question. Tell us about your Airdrop on Baybit's Airdrop Arcade platform. How can members of our community get involved? And what rewards can you get?
Vibu Norbi:
yes sure. You can visit the link here, login to Baybit and complete the tasks. At the end of the Arcade event, we present you a special edition made by our famous creator Nani3ko.
BIC: It's time for questions from our community 😈 First by… @Gamemode619:
Can you explain the technology behind the DriP optimization process, specifically the use of compressed NFTs supported by a Merkel tree structure? How does this technology reduce costs and increase efficiency for NFT creation and storage?
Vibu Norbi:
Yes, absolutely. DriP is powered by state compression, a novel model for efficiently storing data on-chain. It allows us to send about a million NFTs for $1000 or more. Compared to most chains, many orders are cheaper.
You can learn more about how DriP can only be done on Solana in a video made earlier this week with the Solana Foundation:
BIC: The next one is by @BonitaLozano.
In what ways will DRIP contribute to the wider adoption of NFTs and blockchain technology? How does it aim to make NFT ownership and participation accessible to a wider audience?
Vibu Norbi:
DriP differs from most platforms in its high accessibility. You can start without any tokens and get free collections – currently up to 30 per day. The heart of our product is making NFTs accessible. Changing the language, design patterns and the economic model.
BIC: @AppleChichi is asking.
Can you share any success stories or milestones since inception at DriP? How has the platform positively impacted its users and the NFT community at large?
Vibu Norbi:
DriP is a force of nature. We've distributed more NFTs than any project on chain in history, feature sets like Degen Poet Season 1 are the most traded sets on any blockchain of all time, and our creators reach new milestones in sales and secondary activity every week. DriP is the future of NFTs.
BIC: @Wynona_Bernard:
When I visited your website, I saw that it has a lot of NFT content, and the DRIP project that made my computer slow, will it have a mobile application for Android systems and IOs, is it easy to access the platform or can it only be accessed from a PC?
Vibu Norbi:
A mobile app for Android and iOS is coming soon – stay tuned for early access. It also works well on Phantom mobile on all devices
BIC: Last question! @nathaniel_in:
Can you give me the best 3 features to convince me and other investors to invest in your project in the long term?
Vibu Norbi:
No investment is required to participate in DRiP. DriP's goal is to build the best content experience for creators and users in the Web2.
There is no token or TGE planned for DriP. If you like the content and it gives you joy and makes you feel inspired then it is perfect for you. If you are looking for a place to allocate financial resources, there are probably better places in crypto today.
Conclusion
Our AMA session with Vibhu Norby from the DriP NFT Forum is almost here. Today, we have discovered the enormous potential of DriP as a revolutionary force in the field of digital collections and NFTs.
DriP is poised to revolutionize content creation and consumption in the Web3 era with its user-friendly approach and state-of-the-art technology. For artists, creators and collectors alike, DriP provides a vibrant community and platform where digital ownership and creativity can thrive.
Make sure you take advantage of the special offers and the opportunity to join the Bybit Airdrop giveaway. Stay tuned for updates and exciting developments from DriP as they continue to transform the digital collections industry.
Join the BeinCrypto Trading community, participate in our AMA sessions and earn cash rewards for your questions to guest speakers!
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