The DNABLOCK overview
The main goal of DeLa Capital is to search for promising projects and cooperate with them to maximize their potential and accelerate development. In our experience, the sooner we start working with partners, the more we can give each other. So now we are viewing a super-early stage DNABLOCK startup and want to share it with you.
About DNABLOCK
DNABLOCK is a platform for creating highly detailed 3D avatars and animated content. Here you can create an avatar and animate your character to perform at concerts, make short movies or explore metaverses.
The site uses many technical solutions and is compatible with ALL types of devices. To create and animate avatars DNABLOCK using Replikant solution with animation marketplace and Motion Capture technology. Creating process looks like that:
What is the project's value?
BUILD - create your avatar, not matter photorealistic or stylized. The avatar is available for the games and platforms that support Replikant. Also, you can create locations and even essentially mini-worlds as an environment and background for a movie.
PERFORM - with the animation marketplace and motion capture, your character becomes alive. That opens new possibilities for content-makers: for example, your avatar will be able to dance or even speak to your audience.
PUBLISH - users can stream their avatar, create mini-films with multiple characters in their location and share it, or even produce NFT collections with animated characters.
It is not so simple to get mass adoption on a street level, but it allows to make entirely VIRTUAL events instead of streaming the real-world event to the metaverse.
DNABLOCK has a successful use case with the Nifty Ape Nation NFT-collection. These avatars were created via DNABLOCK:
Token and tokenomics
Information about tokens and tokenomics is absent. The team just hasn't established it for now.
DNABLOCK advantages and deficiencies
Powerful investors. DNABLOCK received $8.2M from Animoca Brands, Alumni Ventures, LD Capital, and other funds (19 investors in total).
Product demonstration. There are several videos and images on the site to see the process of avatar creation, performances, and created location.
The successful use-case. Nifty Ape Nation best demonstrates the platform's capabilities and potential.
There is no roadmap. It is unclear what the team has already done, what plan to do, and when the social/market activity will start.
Weak socials accounts. Less than 1k followers on Twitter and 800 on Instagram. The Twitter account has been active since 2018, but there are monthly breaks between tweets.
Conclusions
DNABLOCK still lacks important aspects for investors, which need to estimate the development rate and predict the native token market dynamics. However, the startup looks promising and has high utilitarian value as it offers an ecosystem product that can be integrated into the metaverses structure and boost the NFT market.
We continue to follow DNABLOCK. Perhaps, after receiving the additional information, DeLa will consider DNABLOCK as a potential partner.