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The incarnation is the real inhabitant of the meta universe. Skins and cosmetics in the game are very important among players. An obvious example is a free game like Fornite, which allows gamers to customize their game avatar. DMarket, a platform for trading in-game wearable devices, is estimated to be worth US$40B per year in the skin market. Because the market is so large and players and NFT enthusiasts aspire to achieve higher exclusivity, Meta Universe can become a true value generator in the fashion industry. The existence of these fashion giants has been felt. In August, Burberry and Blankos Block Party collaborated to design a collaborative NFT kit that includes characters and accessories. The collection of 2,250 NFTs sold out in less than a minute.
Although Burberry is the first fashion brand to work directly with the metaverse project, some of its peers are already in progress. In June, fashion giant Gucci auctioned its first official NFT for $20,000, a short film inspired by the 2021 autumn and winter series. Recently, Dolce & Gabbana followed closely with UNDX, a curated market specializing in luxury goods and cultural products, and launched a nine-piece NFT series.
The incarnation is the real inhabitant of the meta universe. Skins and cosmetics in the game are very important among players. An obvious example is a free game like Fornite, which allows gamers to customize their game avatar. DMarket, a platform for trading in-game wearable devices, is estimated to be worth US$40B per year in the skin market. Because the market is so large and players and NFT enthusiasts aspire to achieve higher exclusivity, Meta Universe can become a true value generator in the fashion industry. The existence of these fashion giants has been felt. In August, Burberry and Blankos Block Party collaborated to design a collaborative NFT kit that includes characters and accessories. The collection of 2,250 NFTs sold out in less than a minute.
Although Burberry is the first fashion brand to work directly with the metaverse project, some of its peers are already in progress. In June, fashion giant Gucci auctioned its first official NFT for $20,000, a short film inspired by the 2021 autumn and winter series. Recently, Dolce & Gabbana followed closely with UNDX, a curated market specializing in luxury goods and cultural products, and launched a nine-piece NFT series.
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