Rendering of PLP’s concept building which forms the basis for their upcoming NFT collection. Image courtesy PLP Architecture.
The cadre of high-end firms creating on-demand virtual architecture in the metaverse has grown recently with the announcement of PLP’s upcoming 5,000-piece NFT skyscraper collection, which they debuted earlier last month with the help of VerseProp, a virtual real estate platform.
Seemingly in line with trends indicated by its expanding digital customer base, the London-based firm says the collection is intended to “bridge the gap between those interested in both digital and physical real estate.” An opportunity to design your own building with a PLP employee is also offered, and they promise that each building will have a “valuable commercial utility.”
Up for grabs are ownership rights to a digital token derived from a concept building design that PLP says will be embedded with exclusive content such as webinar access and even physical artwork. The firm presents this as an exploration of not only the digital design of buildings, but also the use of alternative sales structures and instruments such as smart contracts that are going to become critical for architects and designers as the technology and use of metaverse space continues to evolve.
Towards that goal, PLP says this new foray into NFTs and the metaverse, which was produced through its research arm PLP Labs, “raises key questions such as: Can design services be tokenized or distributed through smart contracts? To what extent is the metaverse a space for designers in the real world?”
“Exploring NFTs and the metaverse is not as different from traditional architecture as you might first be inclined to believe,” the firm’s head of digital technology Richard Woolsgrove said in a press release, adding: “Much of an architect’s work is digital , we always have one foot in the virtual world. So where do these worlds intersect, and how should we engage with them?”
The answers to these questions will come soon enough, as tokens are expected to be minted and placed on the marketplace later this summer.