The Metaverse is becoming a platform to unite fashion communities
Vogue Singapore and other fashion platforms are creating Web3 communities for users, but will the concept catch on? A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse. While most luxury labels and brands remain focused on creating nonfungible tokens (NFTs) to replicate physical items, a handful of projects have started bringing their....
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What will hopefully be the first of many Metaverse Fashion Weeks will begin on March 24th, hosted on the popular meta gaming platform Decentraland. This is an exciting new opportunity for the fashion and tech world to witness and be a part of something never done or even seen before. It is apparent that Metaverse Fashion Week should not at all be a mere replication of real life fashion shows, but rather something entirely different. What is intriguing about this event is the possibility that the fashion industry enthusiasts who would normally attend runway shows looking their best, will....
DIGITALAX, the digital fashion NFT platform, has announced it is planning to launch a metaverse magazine based on NFTs. Called DIGIFIZZY, it’s the first of its kind. The initiative will feature voices, creators, insights, and hot topics from the metaverse, fashion, gaming, Web3, and more. Along with the magazine itself, DIGITALAX is pioneering a brand-new […]
Luxury in the metaverse isn’t just exclusive to owning the biggest land plot or the best NFT avatar — it’s more than that. It’s no secret that the fashion industry has started to explore the cryptoverse, with brands like Dolce & Gabbana, Gucci, Philipp Plein and Tiffany & Co. taking their own path down the metaverse runway. Decentraland’s Metaverse Fashion Week hinted at a new wave of fashion, while Philipp Plein brought the metaverse and nonfungible tokens (NFTs) right into his London shop. The innovative technology mixed with the ever-changing fashion world was an inevitable pair, but....
The digitalization of the fashion industry is inevitable with the rising popularity of the Metaverse, but technological improvements are still required to gain momentum. Incredible as it may seem, digital fashion has developed so much that it already needs its own fashion week with all that implies: from the shows and presentations of new collections to public talks and parties with true DJs. The first-ever digital fashion week took place March 23-27 in Decentraland, a decentralized virtual social platform on the Ethereum blockchain.Previously, Jonathan Simkhai presented his collection in....
The metaverse has presented itself as a place where everyone can be themselves. With so many constraints on how people can carry and express themselves in the real world, the metaverse has provided a much-needed escape to a place where there are no rules to self-expression. One metaverse project that has stuck firmly to this freedom of self-expression is the OVER Metaverse. The project has previously provided users the opportunity to customize and dress their avatars how they see fit, but it still remained limited to the range of preset outfits available. However, with its latest....