What do they need to know to tap in? And what role will nonfungible tokens (NFTs), gaming, and virtual fashion play in the future of shopping? Retail and fashion brands must learn how to take advantage of the opportunities that are available to them as the fashion sector grows more ingrained in the metaverse and younger generations spend more time there socializing, playing, and buying.
Made for the Gen Z
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More than just Fashion
The emergence of the Metaverse has revealed enormous possibilities for the jewellery industry in the blockchain environment and its NFT tokenizing technology (Non Fungible Tokens). More jewellery designers are using Metaverse platforms to create NFTs that are paired with physical jewels, usually for limited edition collections or expensive, one-of-a-kind pieces. NFTs for physical/digital jewel pairing are on the rise.
The wearer’s NFTs and digital assets are displayed on the surface of the jewel in real time, filling a quiet niche for owners of numerous NFTs to exhibit these assets in the physical world via jewellery and timepieces with intrinsic technology.