Blockchain
Plein Sport partners with Portion and Antoni Tudisco to launch the first Metaverse-native fashion line
Portion, a 21st-century blockchain-based auction house and collector’s community for rare high-end physical and digital art items, partners with fashion icon Phillip Plein to unveil the world’s first collection created exclusively in the Metaverse at Milan Fashion Week.
On the heels of his $1.4M USD acquisition of Decentraland’s Plein Plaza, a prime district covering 65 Decentraland parcels, the fashion entrepreneur extends his collaboration with Portion by unveiling the first phase of the development of the Plein Plaza, a 120-meter high virtual skyscraper. The first establishment in the building will be the Philipp Plein founded Museum of NFT Arts (MONA), designed as an open forum for the development of digital art aimed at encouraging and showcasing young NFT artists.
The inauguration includes a guided tour of Plein’s immersive art world in the Metaverse together with an exhibition of a series of unreleased NFTs designed by the 2022 established art duo “Crypto Kings” a pseudonym for the collaboration between Philipp Plein and world-renowned NFT artist Antoni Tudisco.
To inaugurate the initiative, a state-of-the-art humanoid robot called Romeo 0.1 (the first-ever built and one of only three currently existing) will kick off Plein Sport’s first show and introduce the newest Metaverse-native Plein Sport sneakers collection. The launch will feature rare, high-end drops on Portion’s NFT Auction House, digital wearables designed by the Crypto Kings, as well as exclusive experiences and rewards for early collectors. This first collection drop features a combination of physical and digital items and will take place on Portion on February 24th at 12pm PST, 3pm EST, and 9pm CET.
The vernissage will be combined with a digital buy-as-you-see event in which each early collector can buy a combination of a unique NFT paired with physical sneakers. Purchasers can later choose to keep the NFT or “burn” it into digitally wearable shoes that can be sported by their Metaverse avatars in Decentraland. All the above in a truly innovative and osmotic intertwining of physical and digital fashion.
This venture into the Metaverse falls in line with Phillip Plein’s continued dedication to fashion innovation. In 2021, the company became the first major fashion group to open up to cryptocurrencies, accepting more than 20 different coin types at both its physical stores and online platform. In the same year, the company’s e-commerce system generated a record turnover of 100 million euros. The last digital fashion shows of the Maison have marked a further milestone in its exploration of new technologies. The first luxury brand to work with Antoni Tudisco, Philipp Plein has used these digital fashion shows to project its brand in a new, fantastic virtual world populated by glossy and racy creatures.
“The Metaverse is allowing us to digitally reproduce the most precise and minute subtleties, which is a crucial part of respecting the design’s uniqueness,” says Philipp Plein. “Just like the way we represent the tiger in 3D, the attention to detail is something we can achieve seamlessly by properly utilizing the new virtual world to our advantage.”
“People are continuously doubting the metaverse and all that can be accomplished in the digital world,” says Jason Rosenstein, CEO of Portion. “Just two years ago we thought the market cap of NFTs would be floating around $2B, and now experts are saying by 2025 it will hover around $80B. Soon enough, people will think of the metaverse and all these experiences the same way we think about email and social media.”
“I have watched NFTs become just as valuable as traditional art,” says Antoni Tudisco, creative director and 3D visual artist. “I am excited to help Plein Plaza become a reality and see how many other fashion brands quickly follow Philipp’s lead.”
Viewers can tune into the metaverse show on February 24th at plein.com.
More on Plein Sport’s Metaverse native line and platform:
The launch is a result of a consistent and material investment in research and development that the Plein Group has made for many years in order to be at the forefront of digital innovation in the luxury industry. This involved the creation of a specialized digital department in Lugano which employs 25 out of the 700 employees of the Philipp Plein Group and which is dedicated to developing, implementing, and testing the most advanced software and engineering solutions applied to fashion and retail. The Plein Sport project represents the peak of this process of brand digitalization that has been consistently pursued by the Philipp Plein Group for many years. In the vision of Mr. Plein, Plein Sport is truly the brand of the future in which the physical and digital experience are combined and blended into an inseparable aggregate with the aim to create the most advanced tech brand in the luxury industry.
Plein’s e-commerce system, relative to the size of the Philipp Plein business, is one of the best performing directly developed and operated platforms in the luxury industry. In 2021, it generated a record turnover of 100 million euros. The last digital fashion shows of the Maison have marked a further milestone in its exploration of new technologies.
Blockchain
Breaking News: Bitgert Coin Price Expected To Skyrocket In Coming Days
In recent news, Bitgert coin’s price is anticipated to soar in the coming days, marking a significant development in the cryptocurrency market. This projection has attracted attention from investors and enthusiasts alike, as they await potential gains from the anticipated price surge.
The expected rise in Bitgert coin’s price has stirred excitement among crypto investors, who are closely monitoring market trends and developments to capitalize on potential opportunities. This surge is attributed to various factors, including market sentiment, technological advancements, and investor confidence in the project’s prospects.
As the cryptocurrency landscape continues to evolve, Bitgert coin’s projected price increase underscores the dynamic nature of the market and the potential for significant gains. Investors are advised to conduct thorough research and exercise caution when trading cryptocurrencies, as price movements can be volatile and unpredictable.
Overall, the anticipated surge in Bitgert coin’s price reflects the growing interest and optimism surrounding the project, highlighting its potential to deliver substantial returns for investors in the near future.
Source: cryptodaily.co.uk
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Blockchain
Ethereum Developers Target Ease of Crypto Wallets With ‘EIP-3074’
Ethereum developers are setting their sights on improving the user experience of crypto wallets with the implementation of Ethereum Improvement Proposal (EIP) 3074. This proposal aims to simplify the process of interacting with Ethereum smart contracts, making it easier for users to manage their digital assets securely.
EIP-3074 introduces a new type of account called “constrained accounts,” which are designed to restrict certain types of interactions with smart contracts. This feature enhances the security of crypto wallets by limiting the scope of potential attacks and reducing the risk of unauthorized access to funds.
One of the key benefits of EIP-3074 is its ability to streamline the user experience of interacting with Ethereum smart contracts. By simplifying the process of managing digital assets, this proposal aims to make crypto wallets more accessible to a wider audience, including non-technical users.
In addition to improving usability, EIP-3074 also enhances the security of Ethereum wallets by introducing new permissioning mechanisms. Constrained accounts allow users to define specific rules and conditions for interacting with smart contracts, providing an additional layer of protection against potential vulnerabilities and exploits.
Overall, EIP-3074 represents a significant step forward in the ongoing effort to enhance the usability and security of Ethereum wallets. By introducing constrained accounts and new permissioning mechanisms, this proposal aims to make it easier for users to manage their digital assets securely while also reducing the risk of unauthorized access and potential attacks.
Source: coindesk.com
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Blockchain
Istanbul Blockchain Week 2024 Returns Showcasing Turkey as the Rising Star in Web3 Adoption
Istanbul Blockchain Week 2024 is making a comeback, highlighting Turkey as a rising star in Web3 adoption. This event, set to take place in Istanbul, aims to showcase Turkey’s growing prominence in the adoption of Web3 technologies and its potential to become a leader in the blockchain industry.
With a focus on fostering collaboration and innovation in the blockchain space, Istanbul Blockchain Week 2024 will bring together industry experts, developers, investors, and enthusiasts from around the world. The event will feature a series of keynote speeches, panel discussions, workshops, and networking sessions, providing participants with valuable insights and opportunities to connect with key players in the industry.
One of the key objectives of Istanbul Blockchain Week 2024 is to highlight Turkey’s vibrant blockchain ecosystem and its potential to drive innovation and economic growth. As a strategically located hub between Europe, Asia, and the Middle East, Turkey offers a unique opportunity for blockchain companies to tap into diverse markets and access a skilled talent pool.
The event will also serve as a platform for showcasing the latest developments and trends in the blockchain industry, including decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and more. Attendees can expect to gain valuable insights into the future of blockchain technology and its potential impact on various industries.
Istanbul Blockchain Week 2024 is expected to attract a diverse audience, including blockchain enthusiasts, investors, entrepreneurs, government officials, and academics. By bringing together stakeholders from across the globe, the event aims to foster collaboration, drive innovation, and accelerate the adoption of blockchain technology in Turkey and beyond.
Overall, Istanbul Blockchain Week 2024 promises to be an exciting and impactful event, showcasing Turkey’s growing influence in the blockchain industry and highlighting the country’s potential to become a global leader in Web3 adoption.
Source: cryptoslate.com
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