May 20, 2022
Bare Tree Media, a digital publisher of licensed IP around the globe and Quidd, a mobile digital collectible platform, have teamed up to offer popular licensed brands as digital collectibles to fans. Within the first two hours of launching one of Bare Tree Media’s licensed, branded digital collectibles on Quidd, the series sold out and surpassed $100,000 dollars in sales. Upcoming Bare Tree Media and Quidd collaborations will feature several different brands.
“We were ecstatic with the sales results we experienced on the Quidd platform on day one of the launch and thereafter,” says Robert Ferrari, president, Bare Tree Media. “Given this monumental success, we are scheduling monthly product releases through year-end on the Quidd platform and invite brands to join us. What we love about the Quidd platform is our option to release branded digital collectibles as non-NFTs. This is great because many brands are not ready to jump into the NFT space just yet as they continue their diligence. By working with Bare Tree Media, brands can offer non-NFT digital collectibles to fans to be bought on the primary market and sold on the secondary market within Quidd. Then down the road if the brand partner wishes to offer an NFT version, we can upgrade their offerings to NFT-based digital collectibles as well. Our brand partners love this flexibility.”
“Our unique platform enables us to create, sell and resell collections that are highly customized for licensors and their fan bases,” says Sam Barberie, vice president, content, Quidd. “We seamlessly manage off-chain collections that are bought and sold in USD or handle more advanced collections that are bought and sold in crypto and reside as NFTs on the blockchain. Our community of collectors has more than 8,000,000 members, proving that true fans want to collect for love, not just money. Quidd is unique in that it empowers fans and collectors to make the decision if their collectible should be stored with Quidd or stored on a blockchain. Quidd is one of the only places on the planet to buy and sell digital collectibles – off-chain – with fully compliant AML procedures enabling cash withdrawals; fans can collect and earn real money. We coexist in both worlds which makes Quidd an ideal marketplace for licensors to start with their first set of digital collectibles and build from there.”
Read more about:Bare Tree Media
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