Five one-of-a-kind collectibles drop for bidders on November 15
NEW
YORK, Nov. 10, 2022 Sweet announced today that
its latest collaboration with Build-A-Bear Workshop, Inc. (NYSE:
BBW), will drop five new, one-of-one digital collectible NFTs for
auction. As in the October collectible event, each of the five
non-fungible tokens are unique, ownable and
transferrable digital items for collectibles featuring Silver
Gala-themed bears. The NFTs will live digitally in the owner's
Sweet wallet. The winner of each NFT will receive a one-of-one real
plush inspired by the digital bear and accompanying utlities.*
Powered by Sweet, each NFT will be minted on the carbon-neutral
Polygon blockchain.
The auction will be live for bids on the five distinct Silver
Gala Bear NFTs from November 15
at 12:00 PM ET and will run through
November 17 at 7:00 PM ET, and 10% of the sale price (in USD)
will benefit Build-A-Bear Foundation, the philanthropic entity for
Build-A-Bear Workshop.** Since its founding in 2004, Build-A-Bear
Foundation has contributed more than $22
million and 1.5 million furry friends to charitable
organizations around the world.
In addition to the real-life collectible, auction winners will
receive a brick in their name on the Build-A-Bear Foundation's
Plaza in St. Louis, Missouri, a
private party at a Build-A-Bear Workshop location for five people,
and a virtual sneak peek at Build-A-Bear's Spring fashion
line.*****
"With the launch of our first digital collectible last month, we
have had the opportunity to connect our brand with our consumers in
a new way, and we are excited to have a second offering that
continues to blend our beloved physical bears with equally adorable
bears in a digital space," said Jenn
Kretchmar, Chief Digital and Merchandising Officer. "We want
to provide opportunities to expand our collectability options to
our guests, and our presence in Web3 provides an entirely new
experience for our brand."
"We are honored to be a part of Build-A-Bear's latest
collectible drop. On the heels of the last NFT's record sale, we
look forward to seeing who jumps into the bidding to help celebrate
this groundbreaking collection," said Tom
Mizzone, CEO of Sweet.
Meet Queen of Hearts Bear DJ Bear, Silver Glam Bear, BEARoque
Bear and Designer Bear, now on the auction site at
sweet.io/buildabear.
ABOUT SWEET
New
York-based Sweet is a highly flexible,
Non-Fungible Token (NFT) platform and
marketplace used by top creators, sports, entertainment, and
consumer brands worldwide. Sweet delivers immersive NFT programs
driving revenue, consumer engagement, and gamified experiences
reaching both sophisticated and novice NFT collectors in ways never
before possible. For more information, please visit:
https://sweet.io/
ABOUT BUILD-A-BEAR
Build-A-Bear is a
multi-generational global brand focused on its mission to "add a
little more heart to life" appealing to a wide array of consumer
groups who enjoy the personal expression in making their own "furry
friends" to celebrate and commemorate life moments. Nearly 500
interactive brick-and-mortar retail locations operated through a
variety of formats provide guests of all ages a hands-on
entertaining experience, which often fosters a lasting and
emotional brand connection. The company also offers engaging
e-commerce/digital purchasing experiences on buildabear.com
including its online "Bear-Builder", the animated "Bear Builder 3D
Workshop" and its age-gated adult-focused "Bear Cave". In addition,
extending its brand power beyond retail, Build-A-Bear
Entertainment, a subsidiary of Build-A-Bear Workshop, Inc., is
dedicated to creating engaging content for kids and adults that
fulfills the company's mission, while the company also offers
products at wholesale and in non-plush consumer categories via
licensing agreements with leading manufacturers. Build-A-Bear
Workshop, Inc. posted total revenue of $411.5 million in fiscal 2021. For more
information, visit the Investor Relations
section of buildabear.com
*Physical bear offer valid only for the first purchaser of the
NFT from Build-A-Bear Workshop. Subsequent purchasers of the
NFT are ineligible. Physical bears may not be an exact
replica of the digital collectible. If the NFT owner (i) does not
respond to any communication from Build-A-Bear within five (5) days
of such communication; (ii) refuses the physical bear offer; and/or
(iii) any communication to the NFT owner regarding the physical
bear offer is rejected or returned as undeliverable, the physical
bear offer is void.
****Beginning on November 15
at 12PM Eastern Time through
November 17 at 7PM Eastern Time , 10% of the sale price of
the United States first sale of
the Designer NFT Build-A-Bear, DJ NFT Build-A-Bear, Queen of Hearts
NFT Build-A-Bear, Silver Glam NFT Build-A-Bear and BEARoque NFT
Build-A-Bear, will be donated to Build-A-Bear Foundation,
Inc., 415 South 18th Street, St. Louis,
MO 63103.314-423-8000. Maximum Total Donation: $10,000. Not valid for first sales that
occur outside the United States or
where prohibited by law.
***** Offer valid only for the first purchaser of the NFT from
Build-A-Bear Workshop. Subsequent purchasers of the NFT are
ineligible. All elements of offer must be redeemed on
or before March 31, 2023.
Notwithstanding the foregoing, Build-A-Bear reserves the right to
change date of offer element redemption. If the NFT owner (i)
does not respond to any communication from Build-A-Bear within five
(5) days of such communication; (ii) refuses the offer; and/or
(iii) any communication to the NFT owner regarding the offer is
rejected or returned as undeliverable, the offer is void.
Brick content subject to approval by Build-A-Bear. Private
Build-A-Bear store party is for up to five (5) individuals and
includes: one (1) furry friend for each guest (value up to
$36), one (1) clothing item, one (1)
footwear item, one (1) sound, and one (1) bear carrier. All
other expenses not stated herein as part of the party are the NFT
owner's sole responsibility. Party offer is subject to mall
and/or store location hours restrictions. Party offer
excludes all other expenses or incidentals including, but not
limited to, transportation, accommodations, food, beverages and
parking. All guests must be 18 years of age or older at time
of travel unless guest is a child or legal ward of the NFT
owner. Party will occur on a date and at a store location
mutually agreed upon by NFT owner and Build-A-Bear. Virtual sneak
peek will occur via Microsoft Teams on a date mutually agreed upon
by NFT owner and Build-A-Bear on or before January 31, 2023. NFT owner is solely
responsible for all resources required to participate in the
virtual sneak peek, including, without limitation, cameras, viewing
devices and internet access. By accepting offer, NFT owner
agrees to release, indemnify, defend and hold harmless Build-A-Bear
Workshop, Inc., Build-A-Bear Foundation and each of their
respective promotional partners, agencies, parents, affiliates,
subsidiaries, and each of their respective agents, representatives,
officers, directors, franchisees, shareholders and employees from
and against any injuries, losses, damages, claims, actions and any
liability of any kind resulting from or arising from participation
in offer (including any travel or travel-related activity
thereto).
Photo:
https://mma.prnewswire.com/media/1944003/5_one_of_a_kind_bears.jpg
View original content to download
multimedia:https://www.prnewswire.com/news-releases/sweet-partners-with-build-a-bear-for-latest-one-of-one-digital-x-real-life-collectible-opportunity-301674630.html
SOURCE Sweet.io