Kobe Bryant is hosting an ULTRA-exclusive Hollywood party during All-Star weekend -- but TMZ has learned everyone in the VIP section must pass a "screening process" before they'll be allowed near the NBA superstar Saturday night.

 

 

Kobe Bryant's NBA Bash: Not All VIPs Welcome - The party is supposed to be INSANE -- with organizers dropping roughly $50,000 to give Boulevard 3 nightclub an Asian-themed makeover in honor of Kobe enshrining his hands and feet at Grauman's Chinese Theater earlier that day. 
Kobe Bryant's NBA Bash: Not All VIPs Welcome - But not just any schmuck with a wad of cash will be allowed to get all schmoozy with Kobe -- party organizers tell us they will have a vigorous screening process for anyone who wants to purchase a VIP table near Kobe's private section.

Kobe Bryant's NBA Bash: Not All VIPs Welcome - And for the fans who can't cross the VIP rope ... we're told there will be plenty of other cool stuff at the party -- including a 15-foot custom made dragon.