You Searched For "metaverse luxury market" and got 20 results
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1 min read
Metaverse platform Decentraland is preparing for its first fashion week as digital clothing rakes in big business
Decentraland is teaming up with UNXD, a luxury marketplace that hosted Dolce & Gabbana's first NFT …
Carla Mozée
1 min read
Metaverse property mogul touts 10-fold appreciation in virtual real estate portfolio: 'It's all about the location'
"I think we're going to see a quick appreciation and monetize renting that land and space very soon…
Carla Mozée
3 mins read
Activewear and luxury brands are pushing ahead with Web3 innovation, while other marketers are still on the sidelines
Some activewear and luxury brands are leveraging NFTs and the metaverse in ways other marketers can…
Julia Hood
2 mins read
Luxury brands like Burberry and Coach are cashing in on Singles' Day shopping in China by creating limited edition NFTs for the event
The Singles' Day NFT offerings were slated to run from October 20 to November 11, but many of them …
Huileng Tan
2 mins read
Metaverse property sales are accelerating as investors stake out virtual land in the potentially $1 trillion market. Here are 3 recent examples that have sold for eye-popping amounts
A company recently bought virtual space on Dencetraland for about $2.5 million in cryptocurrency.
Carla Mozée
3 mins read
'Like buying on 5th Avenue back in the 1800s': Executives behind the huge metaverse land deals say swelling valuations reflect big plans for the virtual space
"We think the Fashion District purchase is like buying on Fifth Avenue back in the 1800s or the cre…
Carla Mozée
2 mins read
A sportswear startup's line of luxury jacket NFTs sold out in minutes. Now the CEO is scouting out land in the metaverse for a virtual store.
ASRV released its first NFTs as part of its winter clothing line, selling out in minutes. The CEO s…
Phil Rosen
4 mins read
Wall Street’s biggest names have gotten more involved in crypto over the past year but regulators still hate it. Here’s the latest developments in Big Finance’s push into the digital world.
Big banks like JPMorgan and Goldman Sachs offer multiple options for clients to get involved in cry…
Hamza Fareed Malik
2 mins read
Luxury NFTs could become a $56 billion market by 2030 and could see 'dramatically' increased demand thanks to the metaverse, Morgan Stanley says
"As more aspects of people's lives move to the internet, demand for digital fashion and luxury good…
Isabelle Lee
2 mins read
Just 4 metaverse projects sold $106 million in virtual land last week, with The Sandbox taking a massive lead: DappRadar
Sales of virtual land boomed last week, bringing in $105.87 million for just four metaverse project…
Camomile Shumba
1 min read
Nike buys virtual shoe studio RTFKT as more big brands position themselves for metaverse push
"We're acquiring a very talented team of creators with an authentic and connected brand," said Nike…
Carla Mozée
1 min read
Gucci just bought a plot of virtual land in The Sandbox to create themed experiences in the metaverse
The luxury brand said it is expanding Gucci Vault, its Gen Z focused online concept store, to creat…
Isabelle Lee
1 min read
Metaverse mortgages are being issued to buy virtual land — and one of the first ever was just signed for a property in Decentraland
"Mortgages and financing availability will expedite the development and adoption of the metaverse,"…
Phil Rosen
2 mins read
A 28-year-old on Asia's top metaverse platform makes six figures as a virtual fashion influencer
The BBC highlighted Monica Louise, aka Monica Quin, who's earning big money designing and selling c…
Carla Mozée
1 min read
Roblox has added nearly $26 billion to its market cap as metaverse mania pushes its value past brands like FedEx and Ferrari
CEO David Baszucki told Bloomberg Roblox could eventually be used to facilitate a frog dissection i…
Natasha Dailey
2 mins read
The metaverse 'is already here' and will give cryptocurrencies the opportunity to make it better, a Solana co-founder says
The metaverse will give cryptocurrencies a chance to wipe out "broken" business models like interne…
Camomile Shumba
1 min read
A metaverse mega yacht that just sold for $650,000 is the most expensive NFT sold in The Sandbox virtual world
The Metaflower Super Mega Yacht was purchased for 149 ether. It features a DJ booth, two helipads, …
Isabelle Lee
1 min read
Luxury watch retailer Ethos misses stock market cues; lists at a 5% discount
Chandigarh-based luxury watch retailer Ethos was widely expected to make a tepid listing debut on t…
3 mins read
India's first Metaverse wedding had 500 guests, and two brand associations, here's how it was executed
Here's how India’s first 3D wedding took place on a Metaverse
2 mins read
The shiba inu metaverse will sell 35,000 plots of virtual land over 10 days, and leash token owners will get priority in bidding
The platform said it will hold a 10-day sale where fans that qualify can bid on 35,000 plots of dig…