Decentraland is an Ethereum-powered virtual reality platform. In this virtual world, you purchase plots of land that you can later traverse, build upon, and monetize. There’s no limit to what you can do. It’s the first digital platform that’s completely owned by its users. Similar to games like Skyrim and Fallout, Decentraland is an all-immersive virtual universe. However, instead of playing on a 2-dimensional screen, you participate in a 3-dimensional world. It seems to be the logical next step before creating full-blown AI-based games in the physical space à la Westworld. Similar groupings on LAND comprise Districts. Districts are basically communities that revolve around a shared theme. For example, there may be a District just for crypto enthusiasts with cryptocurrency apps and services.
Decentraland and UNXD will host the first metaverse Fashion Week in March 2022. The announcement comes amidst the explosion for the metaverse and the growing widespread interest in digital digital technologies are these electronic tools that have the ability to generate, store or even process data. goods.
Haute couture fashion is coming soon to the metaverse.
The virtual reality platform,Decentralandand the luxury digital asset market, UNXD are gearing up to host the first major metaverse fashion event with runway shows, pop-up shops, parties and other virtual experiences in 2022.
The team ofDecentraland made a public invitation for the event in a tweet on Sunday, calling designers, brands and fashion fans to join the program. The first Metaverse Fashion Week is scheduled to be held between March 24 and 27 next year, the companies announced.
Decentraland x UNXD_NFT presents Metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. Fashion Week. A week of fashion shows, pop up shops, after parties and immersive experiences March 24-27, 2022 Get your collections ready!
Calling all designers, brands and fashionistas.
Decentraland x @UNXD_NFT presents Metaverse Fashion Week.
A week of Catwalk shows, pop up shops, after parties and immersive experiences 24th – 27th March 2022
have your collections ready! pic.twitter.com/BXkpAV1TOJ
— Decentraland (@decentraland) December 26, 2021
As reported by CoinDesk the event, which is the first of its kind to be held inDecentraland, allow users to view fashion in a virtual environment and purchase outfits for their avatars online . Although for the tokens non-fungible (NFT) based on Polygon , UNXD This will not be her first experience in the virtual fashion space.
In September of this year, UNXD collaborated with the luxury Italian fashion house Dolce & Gabbana for the launch of its first NFT clothing collection: “ Genesis Collection “. The collection of tokenized fashion items, which included a rare diamond and emerald tiara, sold at the time for just over $5.5 million.
NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. Fashion and the Metaverse Explosion
The notion of the metaverse, which refers to the confluence of virtual reality and the physical world in online spaces, has begun to gain widespread attention since Facebook changed its name to Meta as part of a strategy aimed at building its own metaverse. At the time, the social media giant said its virtual world would support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. NFTs.
Since then, an increasing number of well-known brands and companies have begun to explore the technology. The likes of Microsoft, Pepsi, AMC, Macy’s among others, have ventured into the NFT universe with investments in the sector or even the launch of their own collectible series.
In the meantime, the well-known sportswear brands, Adidas y Nike are also exploring the trends. As reported by DiarioBitcoin , Adidas became a partner with the decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. metaverse platform a place to buy, sell and store cryptocurrencyThe Sandboxwhere he even bought a virtual plot of land; and more recently the firm launched an NFT collection linked to some of your physical garments. Nike , for its part, acquired a few weeks ago the company RTFKT Studios which this year successfully sold a collection of tokenized shoes.
Other luxury fashion brands such as Gucci also have immersed themselves in the NFT space this year, as interest in virtual objects expands around the world.
According to a recent report in the BBC a metaverse social platform called Zepeto where users interact in a virtual space in the form of avatars, has grown at an accelerated rate this year; and it’s largely due to fashion. The platform’s creators have sold more than 1.6 billion virtual fashion items to date. Rudy Lee, chief strategy officer at Zepeto believes that the platform has become a “ the world’s largest virtual fashion marketplace “.
The explosion of the metaverse has seen several banks and financial institutions analyze the sector, anticipating multi-billion dollar growth in the coming years. Among these, the Wall Street giant, Morgan Stanley , predict that the metaverse could become a multi-billion dollar industry in the not too distant future.
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Article versioned by Hannah Estefania Perez / DiarioBitcoin
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