The partnership between Resorts World Las Vegas and Theta Labs will allow for the launch of two composite NFT packages that will offer luxury experiences.
Get ready for the first-ever Composite NFTs Linked to Luxury Vegas Experiences! ✨🙌@ThetaDrop x @ResortsWorldLV
Preview the drop at https://t.co/ayRmNhxdmD pic.twitter.com/HCB3sqirNs
— Resorts World Las Vegas (@ResortsWorldLV) June 9, 2022
Composite NFTs are an NFT within an NFT, must be redeemed by Nov. 1 and will be offered for sale in two separate packages.
In addition, a third commemorative NFT will be available for $10 on Theta Labs’ NFT marketplace, ThetaDrop, to celebrate the partnership.
Resorts World Las Vegas and Theta Labs first collaborated in February to launch NFTs offering offline utility and real-world benefits to casino guests.
.@ResortsWorldLV x @Theta_Network NFTs
Friday 6/10. pic.twitter.com/pGzKSoQf4N
— ThetaDrop (@ThetaDrop) June 3, 2022
Theta Labs CEO and co-founder Mitch Liu said:
“Theta’s NFTs have always focused on connecting token holders with real-world utility and benefits.”
What are the bundles about?
The Presidential Package NFTs include an exclusive two-night stay in a four-bedroom presidential suite with private car pickup from the airport, a VIP spa treatment for two guests and two exclusive tickets to a show at Resorts World theater.
They will also include a private wine tasting experience and a cocktail masterclass with a Resorts World Las Vegas mixologist for two guests.
Meanwhile, the “VIP Party Package” includes two VIP tickets to Zouk nightclub, a two-night stay in a Hilton Standard room at Resorts World Las Vegas, a VIP day bed at Resorts World Las Vegas and a VIP pool entry package with food and beverage.
Real-world utility
As for NFTs that offer real-world value, Theta Labs previously partnered with Sony to launch a unique 3D NFT that works without 3D glasses.
The “Tiki Guy” NFT works with a Sony spatial reality display, with a retail price of $4,999, but purchasers of the NFT could claim a free display with a valid U.S. shipping address.
As part of its partnership with American Idol, Theta offered NFTs in the form of contestant-based trading cards in which the collector has an NFT from the winning contestant.
The NFT holder gets an exclusive Winner’s Ticket to Hollywood NFT, which they can redeem for a physical ticket to the Hollywood NFT that American Idol would give them.
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