CFDA enter the Metaverse and release Commemorative NFTs

CFDA enter the Metaverse and release Commemorative NFTs

The Council of Fashion Designers of America (CFDA) is soon to make its metaverse debut and has unveiled a commemorative designer NFT collection. The NFT collection will be launched before the debut of a metaverse fashion exhibition. Both initiatives are part of the CFDA’s 60th-anniversary celebration as it embarks on the Web3 journey. 

Seven unique NFTs are included in the designer NFT collection “Lighting the Path of American Fashion,” which also includes utility benefits that provide access to a range of activities.

A partner brand, such as Coach, Diane von Furstenberg, Willy Chavarria, Wes Gordon for Carolina Herrera, Tommy Hilfiger, Vivienne Tam, or Michal Kors, collaborated with each NFT in the collection. Initial offers range from $15,000 to $25,000.

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Between December 12 and December 16, these NFTs will be up for sale on a specific blockchain platform run by Polygon Studios. The CFDA foundation will get the earnings.

Additionally, the virtual reality platform The Sandbox will host the opening of the metaverse exhibition titled “Fashioning the Shades of American Design” on December 19. The five themes of the exhibition—Illuminating a Fantasy, Illuminating the Avant-Garde, Illuminating Romance, Illuminating Understanding, and Illuminating Soul—can be explored by visitors.

In order to highlight the inventiveness of the CFDA’s members, a total of 60 looks from over the organization’s functioning years have been selected. In order to expedite the NFT purchases, the CFDA will also collaborate with MoonPay and make use of their white-glove concierge service.

A grunge look from Marc Jacobs’ renowned Perry Ellis Spring 1993 collection, Dapper Dan’s 1980s custom designs, and a Thom Brown menswear ensemble from his Spring 2020 collection are among the featured looks. Reimagined versions of Stephen Burrows’ lettuce hem dress designed for the 1973 Battle of Versailles are also featured.

Through innovative technology and virtual worlds, the decision aims to boost the fashion industry’s future development. Azuki and AMBUSH worked together earlier this month to produce web3-inspired clothing. The scope of NFTs and the metaverse as a whole would also expand in the years to come as a result of such projects and contributions.

Compiled by Coinbold