NFT trains left the station at around 6:00 p.m. It has been in operation for some time and only a handful of people (including a few corporate entities) were able reserve seats. This isn’t unusual considering that cutting-edge technology has just begun to develop its form.

However, Modz’s primary goal is to create a bridge between the NFT space and the physical world. To be a portal through which corporate entities and individuals can access the NFT space.

The Modz, a NFT-based fashion and lifestyle project that uses blockchain technology, is not well-known. The Modz is unique because unlike most NFT projects it does not depend on rareness to increase its value. It operates more as an exhibition project and allows members and partners the ability to personalize their Modz NFT tokens.

During an exclusive interview with DailyCoin, Boris Raw, and Daniel P., who respectively serve as the lead creator and community coordinator at the Modz, discussed how the startup is navigating the virtual world while also catering to other brands’ needs.

To begin with, the Modz prides itself on being a ‘brand,’ which implies that, beyond being an NFT project, the startup is on a mission to spearhead a new movement in the fashion and lifestyle industry. You can find out more details about our goals in this previous publication.

The Modz is Aiming for ‘Wild’ Collaboration

One of the major ways in which the Modz is fulfilling its purpose of bringing fashion and style to the Ethereum blockchain is through what Daniel described as “wild collaboration.”

As with traditional brands, cooperation is crucial for Modz’s growth and expansion. The startup already has notable steps in this direction. It is striking that the Modz has recently partnered closely with Tunes. After the design, testing, and discussion stages are complete, they expect to launch the results soon.

Aside from Tunes, the Modz is also looking to spread its wings and cater to other brands, as, according to Boris and Daniel, “Modz is a great platform for brands and NFT to connect.”

“So, when Boris was creating Modz, and we were discussing it in pre-sale, I believe what we saw was potential, or perhaps a selling point where Modz could turn out to be a great platform for collaborations.

So we were originally thinking about regular NFT collaborations, where individuals can collaborate with other collections or with people within the space, such as influencers, artists, or your guest artists, or whatever,”
Daniel elaborated.

The team saw the huge potential in collaboration through the platform and decided to jump into it while taking their first steps towards onboarding Tunes. With the goal of adding more partners as the future unfolds,

According to Boris and Daniel, the immediate goal of the project is to “close the gap between the physical world and the NFT space.” More specifically, the aim is to focus on the fashion and lifestyle industries, along with the brands within that space, before expanding to other areas.

Daniel continued the discussion on collaboration by pointing out that fashion’s top designers often form partnerships. Nike It is possible that (NYSE:) or Adidas (OTC-), will not be happening anytime soon.

Daniel believes that it is more about the reputation of the company, as the economy in decentralized areas is not yet regulated. Therefore, it is hard to predict the time it will take to reach any kind of collaboration with top leaders in fashion and lifestyle.

“Despite our enthusiasm for Modz, we do not think Nike Modz is happening anytime soon. It’s not because we are bad, nor because our level of commitment isn’t sufficient. The reason for this is that the big corps still haven’t been vested in this field.

They won’t be in the area for another, unknown length of time, because they have legal and reputation problems. I don’t think they’re ready to go in just yet,”
Daniel explained.

How to Look Forward

Modz’s existing collections use 2D models. Boris however has stated that Modz will continue to be developed from 2D to 3D. Modz will be transformed into a 360-degree metaverse. This means that unlike the products produced so far, Modz will have unique features like custom wearables created in collaboration with artists onboard and unique drops for Modz token holders.

Although the first roadmap is already more than half done, Daniel claims that the team also works on roadmap 2.0. This will be live as soon as roadmap 1.2 is completed.

The introduction of wearables is another activity that will be happening in the near future. These are scheduled to go live later. Daniel says that the Modz team will also be creating custom, high-quality merchandise. A plan is also in place to make a second set of merchandise with a QR code. The code allows members to redeem IRL clothing within the NFT space.

You can buy clothing items from Modz and the second batch allows you to exchange real-life merchandise for Modz.

Modz tokenomics is still a work-in-progress. According to Daniel, Modz wants to create a native token not because they expect it to for a project such as theirs, but rather to use strategic planning.

“I believe that many of the projects who are currently implementing it are not considering what would happen in the future if they do so. This boils down into a lack strategic planning. This could be more strategic, but we’d prefer it to be more planned. So we’ll need some time to give this process a thought,”
Daniel noted.

There are several plans for the Modz token to be launched on different exchanges but Decentraland seems to be the best destination to make a future DEX debut.

The Modz are setting the stage for the future.

Flipside

• Because the NFT and crypto space are still unregulated, partnerships with big corporations may prove difficult.
• Modz does not yet have its own native currency. Investors are attracted to digital assets, but Modz does not have a native token. This could lead people to question the decentralized nature the platform.

Why you should care

The Modz’s approach to NFTs is a unique one, and as such, connects members to a new world of opportunity, as well as new dimensions of art. Modz has been gaining interest and is aiming to make a mark in the world of virtual fashion.

The full interview can be viewed here

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