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2023.05.12

The Key to NFTs Is "The Joy of Ownership" – Exploring the Potential of Digital Pets with Dress-Up NFT "sloth"

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In recent years, amidst the release of various NFT projects, the service "sloth" for NFT beginners by alu Inc. has been garnering attention. 'sloth' allows users to enjoy a unique digital pet by dressing up a sloth "Base NFT" with "Costume NFTs" and "Item NFTs."
Holders can not only dress-up and sell their purchased sloth as a single NFT but also trade individual costumes and items separately. There are also plans to implement a feature where creators can design and sell costumes and items to earn revenue. Collaborations with various individual creators and companies for exclusive costumes have already been announced.
Moreover, sloth distinguishes itself by not aiming to be a short-term speculative NFT but by pursuing the potential of NFTs that provide a sense of ownership in the mid to long term, positioning itself differently from the mainstream NFTs currently available.
Why did they decide to launch such an NFT? We asked Keita Kawaji, the project manager of "sloth," about the background of the project, its features, and future developments.

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