BEANZ and LINE FRIENDS Physical Toy with Web3-Enabled Sold Out

Advertisement: Click here to learn how to Generate Art From Text

Chiru Labs (creators of Azuki) announced on Jan. 25, that preorders had sold out for their physical BEANZ doll, which was created in collaboration IPX digital IP platform.

“The BROWN x BEANZ Hooded Figurine is sold out! Thank you to everyone for supporting our first product drop with IPX,” BEANZ In a thread on X.

Credit Chiru Labs

Preordered toys will arrive in the spring. “Manufacturing for the hooded figurine is in the final stages. For those who bought the hooded figurine, you will get an email notification,” BEANZ continued.

The debut BEANZ figurine, themed “Winter Wonderland in Hilumia,” features Jay, the character of BEANZ, wearing a hoodie in the shape of BROWN, a bear who is the star of “BROWN and Friends,” a celebrated collection from IPX—formerly known as Line Friends.

The pre-order for the figurines will open in the second week of January 2024, as part of the BEANZ Winter Collection at LINE FRIENDS. Also included are keychains, a tumbler and a mug..

Azuki and BEANZ fans delightedly greeted news of the collection—and of the figurine’s sell-out. “~100K followers on TikTok. 400K followers in IG. BEANZ branding on the LINE FRIENDS Gangnam shop. Adorable Brown x BEANZ drop brings BEANZ into the mainstream. BEANZ’s success in web2 will be inevitable, says collector shotguncaioPostingOn X.

To Chiru Labs, the sellout is a strong positive sign for the company’s foray into real-world assets and mainstream adoption. “We are overwhelmed by the incredible response to our collaboration with LINE FRIENDS,” Liz Yang, Head of Growth at Chiru Labs, said in a statement. “The blend of BEANZ’s creativity and LINE FRIENDS’ adorable characters has resonated with fans in a way that we could only dream of. We are grateful for the enthusiastic support to bring web3 IP to the web2 masses,” she said.

BEANZ staged a “retail takeover” of the flagship Line Friends store in the fashionable district of Gangnam, Seoul, South Korea—as well as an eye-catching billboard at the Times Square location and a retail presence in Los Angeles.

The Physical Backed Token technology (PBT) is an open-source protocol which allows owners to track their toys and register ownership via a simple scanner.

“The blend of BEANZ’s creativity and LINE FRIENDS’ adorable characters has resonated with fans in a way that we could only dream of. We are grateful for the enthusiastic support to bring web3 IP to the web2 masses.”

LIZ YANG

“Digital tokens representing physical items already exist, but the two are often decoupled after the mint. PBT is a standard which features decentralized authentication and tracking of the ownership lineage of physical items, completely on-chain and without a centralized server,” the Azuki official X account Explained at the technology’s 2022 launch. The technology will be used to facilitate storytelling, as well as NFTs and merch drops.

In the midst of discussions between Chiru, IPX and other teams to plan a second drop of the BROWN x BEANZ Toy, the teams announced they would soon be releasing details of a upcoming sale for limited-edition versions of gold of the BROWN x BEANZ Toy.



Leave a Reply

Your email address will not be published. Required fields are marked *

Proudly powered by WordPress | Theme: Funky Blog by Crimson Themes.