Crypto News: Decentraland’s Metaverse Fashion Week

Crypto News: Decentraland’s Metaverse fashion week plans. Many individuals are still unfamiliar with and uninterested in the concept of the metaverse. Which is understandable. Virtual reality (VR) technology is only becoming well-established. In the thoughts of people who are on the bleeding edge of technology. Particularly those who use platforms that are specifically created for social media platforms. Although the metaverse and its myriad offers will become more widely known as time goes. An increasing number of individuals will be exposed to them. 

Among the networks competing in the race toward a virtual reality-fueled future. Decentraland (CCC:MANA-USD) is one that is setting the bar extremely, Accomplishing this through a number of firsts in the space. Recent MANA cryptocurrency news suggests that the network is integrating fashion. Into its operations to an even greater extent.

Non-fungible tokens (NFTs), which are used to represent clothing, accessories. And other personal goods, are widespread in a society that encourages individuals. To express themselves creatively. Therefore, Sotheby’s has established a presence in Decentraland, with the goal of putting exceptional art. In the hands of users through auctions and other means. It has also become commonplace for the area to host music festivals. With Decentraland putting together the very first one. Including featured a performance by Deadmau5 and other notable artists.

The metaverse has always had style

Fashion isn’t something that’s new to the metaverse. In fact, it is one of the hobbies that is most often pursued in the space program. Because of the emphasis on self-expression, it is a natural fit. This enables a large number of fashion firms and fans. To participate with the metaverse in a positive way.

As a result, a slew of projects centered on digital fashion have sprung up. Dolce & Gabbana sold a collection of NFTs for $6 million in October, according to reports. Meanwhile, networks such as the Boson Protocol (CCC:BOSON-USD) allow users to purchase one-of-a-kind fashion tokens. That are related to real assets that they can exchange for other assets.

Fashion Week Is Coming to Decentraland

According to the most current MANA crypto news, Decentraland is clearly interested. In maintaining this tie between the metaverse and the fashion sector. Indeed, the network will organize the first-ever metaverse fashion show. On its platform in early 2022, which will be the first of its kind.

According to the announcement made by Decentraland, the fashion show will take place. At the end of March. Users will be able to show off exclusive NFT apparel on a virtual reality runway. During the aptly named Metaverse Fashion Week. There will also be afterparties and possibilities to purchase. For stylish non-traditional textiles, according to the tweet from the organizers.

The Decentraland and UNXD Fashion Week event is part of a larger relationship between the two companies. UNXD is a blockchain marketplace that is based on the Polygon (CCC:MATIC-USD) ecosystem. It is primarily focused on the fashion industry. These have attracted the attention of investors. As a result of its hosting of Dolce & Gabbana’s NFT collection on its platform.

All of the excitement around Decentraland’s upcoming fashion event is doing wonders. For the token’s value right now. Indeed, the stock of MANA is up by 4 percent so far this morning. Furthermore, the statement has resulted in an increase in trading volume on the network. With more than $900 million in MANA changing hands today. The cryptocurrency has seen a 16 percent rise. In trade volume compared to the same day yesterday of crypto news.

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