Categories
Fashion NFT

Wearable NFTs: The Ultimate Digital Flex

NFT Wearables are how you flex inside the Metaverse! If you want NFTs that you can use daily, you’ll want some NFTs you can wear. Well, not you per se, but your digital avatar. Yes, your digital avatar. They need drip too!

Just like in the material world, people also want to be seen and show off in the virtual world. What better way to do that than fashion? Whether physical or digital, the clothes we wear express to the world who we are and which brands we choose to associate with. Simply look at the success of Fortnite skins. For this reason, I believe the market for NFT Wearables will be massive.

Virtual Worlds and Clothing

Currently, on the Ethereum blockchain, there are various open, persistent, and shared virtual worlds (i.e., Cryptovoxels, Decentraland) that are collectively referred to as the Metaverse. Within these blockchain-based worlds, users can attend events, hang out with friends, play games and purchase a variety of NFTs, including Land NFTs, Name NFTs, and Wearable NFTs. Today, I’ll briefly touch on Decentraland Wearable NFTs.

First, a quick explanation of the other aforementioned types of NFTs.

Land NFTs provide the owner with space inside the virtual world to build upon, lease, or resell. Just like the real world. Is anyone interested in being a virtual estate developer? Name NFTs are also resellable and can be used to simply name your avatar or as a payment address. 

Decentraland / Connie Digital

Wearable NFTs are exactly that, wearable. They are the virtual wardrobe for your virtual life. Just like the hats, jackets, jeans, sunglasses, and sneakers you wear every day, so too will your avatar. The thing is, though, those sneakers you want are limited edition, and they might not be easy to get your digital hands on. In the same way the advent of digital scarcity is transforming the way creatives monetize their works (i.e., NFT Art and Music), NFT Wearables will also benefit from brand and scarcity.

Rare, Branded NFT Wearables

In Decentraland, there are five different rarity categories: Mythic, Legendary, Epic, Swanky, and Uncommon. Mythic wearables come in editions of 10, while Legendary, Epic, Swanky, and Uncommon wearables come in editions of 100, 1000, 5000, and 10000, respectively. When users first join Decentraland, their avatars come preloaded with a handful of free wearables. But that quickly gets boring. The real action is in acquiring the rare items.

Decentraland / Connie Digital

Imagine showing up to a virtual concert with your limited edition Travis Scott NFT hoodie. There are only 10 of those in existence, and you got one on. Flex! Then, the next day you attend a virtual art exhibition with your new KAWS NFT cap or Yeezy NFT sneakers. Flex! Then the next day…I think you get the point. Wearing your NFT collection will be the ultimate digital flex.

At the time of this writing, digital artists, big brands like Atari, and crypto exchanges like Binance and Kraken have all produced wearables for Decentraland. But this is just the beginning. I fully expect more big brands to jump in-world and start offering limited edition NFT Wearables. Personally, I’m waiting on the Supreme and BAPE drops!

Categories
Fashion NFT

The FEWOCiOUS x RTFKT Sneaker Project is Paving the Way for NFT Collaborations

NFTs are changing the way we interact with all digital media. As the industry continues to expand, digital collectible platforms like NBA Top Shot are making waves, but these collections only scratch the surface of what’s possible with this technology. Physical collectibles can be released with a corresponding digital collectible, further amplifying the value of an asset.

FEWOCiOUS and RTFKT are teaming up to do just that. The 18-year-old artist and next-gen sneaker studio have released a set of collectible sneakers on Nifty Gateway; the drop, titled “FEWO WORLD Open Edition,” includes three physical sneakers that each correspond with a digital token. The artwork itself is gorgeous, but this drop foreshadows the unlimited possibilities available to NFT technology in the future. Not only is the physical sneaker a collectible that may go up in value, but the NFT associated with the product is an asset all on its own.

We caught up with FEWOCiOUS and the team behind RTFKT to talk about their monumental drop, how it came to be and what’s next for both creators. FEWOCiOUS has been making headlines as one of the most lucrative artists in the burgeoning digital art NFT space. When he connected with RTFKT, it was clearly a match made in heaven. 

“RTFKT DMed me and I was freaking out because I’ve seen them all over social media, and I thought it was so sick that they made this whole world from their shoes and showed how much you can say from shoes,” FEWOCiOUS told us. The process of creating the collaboration was unstructured and fun, eventually resulting in three pairs of shoes and a necklace. “It was just us on calls yelling at each other about cool stuff we can do,” says FEWOCiOUS. “It’s okay to just sit and brainstorm, you don’t have to be structured. We’re making art for art’s sake.”

Benoit Pagotto, Co-founder of RTFKT

We’re making this drop to make people experience the future.

The team behind RTFKT is equally exciting about the drop and the collaborative experience. “This collab is the most creative, fun, and groundbreaking we’ve ever had the chance to work on so far. Our thinking was: ‘let’s show what everyone imagines to be the dopest drops will be in 2024, and let’s make that today,’” Benoit Pagotto, co-founder of RTKFT, tells ONE37pm. 

When it comes to working with the young up-and-coming artists, the RTFKT team couldn’t be more complimentary: “FEWOCiOUS is a creative force, a next gen Keith Haring, a brand new generation of creator taking over, combining his power with a next gen Brand, our love of gaming, streetwear and memes, we’re making this drop to make people experience the future, powered by NFTs and limitless creativity.” 

The timeline of the digital landscape is going to be broken up into the pre-NFT and post-NFT era. Moments like this collaborative drop unveil the incredible potential for innovation in digital media allowed by the proliferation of non-fungible tokens.

Keep an eye on both RTFKT’s and FEWOCiOUS’ socials; you won’t want to miss what both creators have in store for the future. And if you’re still looking to learn about NFTs, we’ve got you covered