Digital fashion in the gaming context has existed since the last two decades, but now that we are inside the metaverse narrative, it has become a lot more relevant. Forget about textiles, it’s all about pixels now. With another crypto investment in addition to spot trading, crypto options on Bitlevex or FTX, Futures, Coin-M, amongst others, now you can build a complete portfolio.
According to Bloomberg, digital fashion in the metaverse is the next goldmine. Now, if you truly believe that we will have fully functional metaverses in the next 10 years, then this guide is for you. We are going to show you why you should be investing in digital fashion for the metaverse.
One of the hottest trends in the fashion world of the metaverse is AR Dressing. By using AR technology, people now can dress according to the social media context they prefer to. We’ve already seen how Facebook uses AR technology to create avatars… well, now this tech can be used to manufacture all sorts of digital garments, to build the ideal style and image.
Therefore, if you already know how to use AR tech, then it might be a good opportunity to take advantage of your skills. New projects are constantly looking for collaborators or team members, so it’s a profitable idea to invest your talent and time into something that could pay off greatly in the next 10 years.
Since Facebook is one of the main players in AR dressing for social media, we can see their metaverse to implement this type of technology. Therefore, it’s another good type of service and/or product you could offer to this rising industry.
NFTs are extremely popular nowadays. From NBA Topshot to artsy NFTs selling for millions of dollars, these non-fungible tokens have opened the door to a new world of possibilities… and that includes digital fashion. Thanks to the NFT technology, users and companies can now collect unique fashion pieces, which they can easily sell and buy on open and dynamic marketplaces.
Thanks to NFTs, you won’t have to wonder whether your clothing is original or not. So, fashion NFTs will be a major component in the metaverse. Therefore, it will be a good idea to invest in projects that focus on delivering this type of digital goods.
Digital Fashion for Gaming
As we have said, digital fashion has existed within the gaming context for the last 20 years. Think of skins that sell for hundreds of dollars at times. Games like CS:GO are a clear example of this, with plenty of users actively selling all sorts of skins, and that’s where digital fashion for gaming in the metaverse comes into play.
On top of bringing you special features and abilities, digital fashion is going to make skins, characters and more look a lot more stylish, and hence, fashionable. Also, by fusing them with NFT tech, you could collect, buy and sell unique pieces of digital fashion for gaming, putting them in a completely new realm.
Likewise, digital fashion for gaming is a good niche inside the metaverse industry. From selling services such as creating new skins to turning already-existing skins into NFTs and/or integrating them in your metaverse of choice, there are many ways for you to profit from this narrative.
Turning real clothing to virtual fashion
If you want to look the same way in the metaverse as you do in real life, then you should look out for this trend. Now we have companies like DRESSX that offer this service to their clients, so they can convert their clothing into their digital version, so they can sport it in their favorite metaverse.
Furthermore, we have top-end brands like Balenciaga and Gucci actually interested in the metaverse narrative. Therefore, we could see these brands offering similar services in the next 5-10 years. There’s money to be made, so we can expect the leaders of the industry to join this revolution.
This type of service is bound to become more popular – even a necessity – as the metaverses become more mainstream. Therefore, it’s a good idea to join this trend while it’s new – because it will allow you to position yourself or your company in the industry, so you can get an advantage over the rest when the FOMO really kicks in.
As you can see, the world of digital fashion in the metaverse has just started. We are still early and there’s a lot of room for growth – especially since Facebook’s metaverse is likely to take 10 years of development to bring a functional product to the market.
Let us know what you think about fashion for the metaverse and how you plan to profit from this new narrative!