Wear-to-earn NFTs target the billion-dollar fashion industry -Breaking
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Web 3.0, and the Metaverse are poised to revolutionize multiple industries including the multi-billion-dollar fashion industry. Traditional fashion design is now possible to transform into digital wearables, which can then be used both in augmented reality (AR), and real life.
Megan Kaspar, managing director at Magnetic Capital and member of Red DAO — a fashion-focused decentralized autonomous organization — told Cointelegraph she believes that digital fashion nonfungible tokens, or NFTs, will be the largest NFT category of Web 3.0:
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