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The blockchain-based virtual world Decentraland has announced the launch of a Metaverse Fashion Week that is scheduled to take place on March 24 – 27, 2022. According to the announcement, a large number of well-known fashion brands such as Dolce & Gabbana, Selfridges, Tommy Hilfiger, Jacob & Co, and more
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Imitation may be the sincerest form of flattery, but not when it comes to the increasingly lucrative market of digital collectibles, determining what crosses the line into wrongful conduct will be a tricky matter. Source
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Nonfungible tokens (NFT) may be disrupting the trillion-dollar fashion industry, but NFTs are just one piece of a much larger puzzle that is revolutionizing this sector. Rather, blockchain technology as a whole continues to be a game-changer for the fashion industry. While blockchain-based supply chains served as some of the earliest
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The Gap is the latest clothing brand to jump on the non-fungible token (NFT) bandwagon by teaming up with Tezos to debut its first collection.The San Francisco-headquartered retailer said Wednesday it is launching a gamified digital experience allowing customers to purchase a limited-edition Gap hoodie.Gap’s NFT collaboration is designed by
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Nonfungible tokens, or NFTs, have become one of the most discussed markets in the crypto space this year. A recent report from Cryptox Research found that NFT sales are aiming for a $17.7 billion record by the end of 2021. This may very well be the case, as a number of
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Luxury marketplace UNXD, which is built on the Polygon network, and Decentraland, a virtual reality platform built on the Ethereum blockchain, plan to offer a metaverse fashion week with catwalk shows, pop up shops and afterparties in March.The fashion program, Decentraland’s first, will take place March 24-27. The show will
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“This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture,” Nike President John Donahoe wrote in a blog post. “We’re acquiring a very talented team of creators with an authentic and connected brand.
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Our increased use of online services over the past 18 months has no doubt accelerated the adoption of blockchain. Just like other global industries, the fashion world is waking up to the opportunities these technologies offer. From a new global payment form to enabling better sustainability reporting — not to
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French luxury fashion house Givenchy has dropped 15 non-fungible tokens (NFTs) created in collaboration with the graphic artist Chito on the OpenSea marketplace.The sale of the NFTs will be through a seven-day simulated auction starting Tuesday. This mark’s Givenchy’s first foray into the NFT market.Givenchy’s creative director Matthew Williams worked
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On November 10, 2021, Vogue Singapore, a team dedicated to fashion, beauty, and “stories that matter,” is launching a non-fungible token (NFT) drop on the marketplace Opensea. The drop will be the fashion and lifestyle magazine’s first NFT collection featuring digital-only Vogue covers crafted by NFT artists. Vogue to Drop the
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