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    Home»Metaverse»The Metaverse Rise: Crypto, NFT, And Luxury Brands
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    Metaverse

    The Metaverse Rise: Crypto, NFT, And Luxury Brands

    adminBy adminApril 6, 2022No Comments6 Mins Read
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    StockSnap / Pixabay

    In 10 years, Metaverse has moved from a science fiction action movie to a real-world phenomenon.For example, in 2021 Facebook With the announcement of an initiative focused on the Metaverse, people have created a flood of Metaverse-related material.

    One of the big problems is How affordable Will the online world continue?

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    Apocalypse 20

    The Metaverse It is becoming as accurate as the physical world. But what is it? Simply put, the Metaverse is a set of virtual environments created for human interaction.this is game Avatar conversations about buying assets, getting married, traveling, and everything else.

    Many related fields Metaverse Even the luxury sector has an impact on the real world. But on the surface, the two seem unrelated.

    Luxury is all about exclusivity, but if Metaverse is available to everyone, how does it move?

    Metaverse:

    The Metaverse is a technical breakthrough, technology It was always a luxury.

    From the latest mobile phones to high-end accessories, the two worlds have always been quite interwoven. Even in the last decade, luxury has somehow been conveyed as blockchain technology advances.

    Cryptocurrencies, once a revolutionary online concept, are now often worth hundreds of dollars and are dominated by “crypto brothers” on social media. Obtaining a piece from a prestigious collection has become like owning Warhol or Basquiat. This could be a status symbol for anything that people can sell for a high price, such as cryptography and NFTs.

    Similarly, Louis Vuitton has released a game named Louis Vuitton to commemorate its founder’s 200th birthday. Players can play as Vuitton and find some of the 30 NFTs hidden in the game.

    Finally, Burberry worked with Mythical Games to create the Blankos Block Party.The game features a limited edition Burberry NFT This is the first time the premium fashion business has entered the gaming market.

    While investors are discussing the concept of NFT Blockchain, The fashion business sees that possibility. At Metaverse, dazzling possibilities await this curiosity. The possibilities are endless, as the creators of the Metaverse are loosely based on the “real” world. Some fashion brands have already embarked on the Metaverse and have achieved compelling results.

    New resources are also emerging to help the fashion business penetrate the Metaverse and NFTs. After all, not all fashion brands and designers have Gucci or Burberry recipes.

    Internet made NFT fashion design

    That’s where Internet Made comes in. InternetMade is a new Metaverse fashion brand and center that helps designers create fashion NFTs. For example, fashion designers, artists, misfits, and crypto enthusiasts can express themselves in new ways and prepare for the virtual environment of the future.

    They aim to minimize unsustainable behavior in the offline fashion sector, such as high carbon emissions and heavy resource waste. Fashion market And a community for global talent, “says Rok Bozic, co-founder of InternetMade.

    People need clothes, even if they are just avatars in the NFT universe. Designers can benefit from the paradigm shift, thanks to Bozic and his collaborator Tim Brdnik. The fashion industry has been criticized for waste and carbon emissions. Metaverse Fashion currently designs, manufactures and uses clothing in a completely virtual environment.

    With the release of NFT fashion, consumers will be able to buy more options. Users need to register with a specific platform in order to get the NFT and transfer it to the Metaverse. In fact, shopping at malls and stores is much more convenient.

    Metaverse 3D building

    More interestingly, MetaDojo brings this ease to the Metaverse. As a result, 3D buildings can be distributed to any metaverse and incorporated into websites and social media channels. Of course, brands may change their interior, appearance, and other features. This process looks like a SimCity iteration, but it’s okay. GamePix has some pretty decent city building games.

    These structures allow the NFT collection to be displayed when the store sells clothing. Therefore, Metaverse users can buy digital apparel as easily as in real life.

    This includes virtual events and gatherings. For example, a fashion runway event may be held in the same building where a merchant sells goods. MetaDojo also intends to provide a virtual helper that can serve meals during the event. Virtual fashion shows have been popular since the COVID-19 epidemic. So this links everything nicely.

    This can be done if the customer lacks the resources and knowledge of common crypto and blockchain. Thankfully, a solution is here.For example, with Crypto eXpress, customers can buy and sell as well as buy and sell. Cryptography Not only send and receive it.

    This may mean that people can buy luxury goods with Bitcoin as easily as fiat money. CryptoXpress also has a built-in NFT market for buying and selling. This makes consumers more connected than ever before.

    With the presence of the luxury sector, the region is on the verge of prosperity more than ever. According to X10 agency Sergey Baloyan, this synergy benefits both producers and customers. X10 is a well-known business that drives Web3, NFT, and DeFi initiatives.

    Consumers can benefit a lot from NFTs and DeFi, and it’s even better to put everything in one place, like the Metaverse. He argues that people will receive everything they want at once.

    Future outlook

    Despite its youth, the future of the Metaverse includes fashion. After all, Creator of Metaverse Designed to recreate our modern reality. In addition, many companies provide the resources to make this digital leap. As a result, this move will bring a surge in fashion influence to the Metaverse.

    Consumers will benefit most from the freedom and fashionable experience of the Metaverse.

    Article by Deanna Ritchie, Read / write


    About the author

    Diana Editor-in-chief of ReadWrite. Previously, he was Editor-in-Chief of Startup Grind and has over 20 years of experience in content management and content development.

    Update to April 6, 2022 10:54 am

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