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Culture converges with blockchain as luxury fashion brands launch NFT collections

It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and content creators across the globe. The rise of metaverses has

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Luxury Fashion Group OTB to Join Louis Vuitton Parent LVMH in Aura Blockchain Consortium

Italy’s OTB Group, the owner of fashion brands Diesel, Jil Sander and Viktor & Rolf is the latest luxury goods company to join the Aura Blockchain Consortium as a founding member.In April, Louis Vuitton’s parent firm, LVMH, Prada and Richemont-owned Cartier unveiled the Aura Blockchain Consortium, a network developed in

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Italian Luxury Fashion House Dolce & Gabbana Sells NFT Collection for $5.7 Million – Blockchain Bitcoin News

On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop,

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IBM targets sustainable fashion with latest blockchain partnership

IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries. The Armonk, New York-based tech giant announced Monday that it’s teaming up with German textile manufacturer Kaya&Kato to develop a blockchain network that tracks the origin of fabrics used

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Meet the Decentralized Fashion House Bringing Overpriced T-Shirts to Ethereum

"The secrecy/mystery is what makes it cool,” Uniswap’s Ashleigh Schap said via direct message. “Normally you wouldn’t send $200 to random people who are promising to send you a T-shirt.”And yet people are doing just that for Saint Fame, a decentralized autonomous organization (DAO) that’s part fashion house, part ethereum

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