Today news
About the same in other media
Wear-to-earn NFTs target the billion-dollar fashion industry
Reading now: 384
The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and in real life.
Megan Kaspar, managing director at Magnetic Capital and member of Red DAO — a fashion-focused decentralized autonomous organization — told Cointelegraph she believes that digital fashion nonfungible tokens, or NFTs, will be the largest NFT category of Web 3.0:
While Kaspar is aware that digital wearables are being leveraged in decentralized gaming environments today — such as the NFTs utilized in Decentraland — she explained that in the
Read more on cointelegraph.comAbout this in other media
Decentralized play-to-earn platform creates metaverse of fun and innovative games cointelegraph.com /2 years ago
The Death of the Traditional Savings Account: BitMEX EARN Launches More 14% APR Products for Tether cryptonews.com /2 years ago
Battle of the metaverses and a billion-dollar hack — 13 expert predictions of what's next for crypto in 2022 markets.businessinsider.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
