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WEB3 news and archive

New Web3 platform Madeium looks to support brands in entering the metaverse

While the digital world is somewhat accessible to all, for many brands it can be a time consuming and costly venture to step into, leaving many startups and independents at a loss for how to enter this increasingly important market. It is this element that new Web3 platform Madeium wants to tackle, with a mission to help everyone from athletes...

Mar 17, 2023

Business

Farfetch opens applications for second edition of Dream Assembly Base Camp

Luxury e-tailer Farfetch has announced, together with its partner Outlier Ventures, that it has opened applications for the second edition of its Dream Assembly Base Camp. For Cohort Two, the accelerator programme will continue to follow a 12-week remote schedule, providing participants with a curated line up of mentorship, networking and...

Jan 31, 2023

Business

Web3 tech company Spatial Labs secures 10 million dollars in funding

Spatial Labs, an infrastructure company powering Web3 technology, has announced the closing of a 10 million dollar seed funding round led by venture firm Blockchain Capital. The funding brings the company’s total financing to over 14 million dollars, with Jay-Z’s Marcy Venture Capitals also returning to back the start-up. In a release, Spatial...

Jan 27, 2023

Business

Web3 fashion platform Syky secures 9.5 million dollar funding

Luxury fashion platform Syky has announced the closing of a 9.5 million dollar funding round led by Alexis Ohanian’s firm Seven Seven Six. The company, formed by Ralph Lauren’s former chief digital and content officer Alice Delahunt, is centred around blockchain technology, and aims to serve as an incubator, marketplace and social community for...

Jan 17, 2023

BusinessFeatured

Inclusive design to exclusive communities: What to expect from digital fashion in 2023

Digital fashion continues to be at the centre of discussion within the industry. However, its swift evolution over the course of 2022 has seen it expand beyond virtual clothing collections and gaming collaborations. As this sector proceeds into new realms, FashionUnited has assembled some trends in the digital fashion industry that could be...

Jan 6, 2023

Fashion

Prada announces Timecapsule NFT drop for January

Prada has announed its latest Timecapsule NFT drop for January. The soon to be released Timecapsule shirt will feature prints designed in 1969 by Enzo Ragazzini, and is the Milan-based luxury house’s eighth exclusive Timecapsule drop. The series of shirts feature special prints from the photographer's archive, spanning the late sixties and early...

Dec 29, 2022

Fashion Featured

Nike launches Web3 platform Swoosh

Nike has launched a new web3-enabled platform for the brand’s virtual designs and digital community. Called Swoosh, the sporting giant said the platform will have its own domain – welcome.swoosh.nike - where users can create, purchase and potentially earn royalties from interactive digital objects such as virtual shoes or jerseys. Currently in...

Nov 15, 2022

Fashion

Asics’ new running shoes are only available with digital currency

With the launch of the new Asics x Solana UI Collection, Japanese sportswear brand Asics has collaborated with blockchain network provider Solana and taken a major step towards advancing the Web3 community. The “UI” part of the collection stands for user interfaces, the computer and phone screens that informed the understated Solana-inspired...

Nov 8, 2022

Fashion Featured

Digital Exploration : How Web3 Aims to Disrupt the Future of Active + Outdoor Markets

As we join together and embark on this unprecedented future of a post-present-post-pandemic lifestyle mixed alongside global unrest and climate emergencies— it is clear that we need to move forward in a way that better serves our collective future. Consumers are looking towards inventive and creative ways in which brands can integrate technology...

Oct 26, 2022

Fashion Featured

The future of shopping will be a virtual shopping universe

The future of shopping is coming. A physical portal into the world's first virtual shopping universe, called xydrobe, is launching in 2023. What is a xydrobe? Developed for Web3, the xydrobe is a digital landscape enhanced by VR where real products can be shopped and purchased. Inside the seasonal landscape of a xydrobe are branded concessions...

Sep 23, 2022

Fashion Featured

Survey finds people expect to spend at least 4 hours a day in the metaverse

If web3 and the metaverse still feel intangible in their existence, a prediction by McKinsey will remove any doubt of their mainstream reality. Millenials, Gen X and Gen Z are expected to spend between four and five hours daily in the metaverse, according to a McKinsey survey of over 1,000 people aged 13 to 70. The time is comparable to a...

Aug 16, 2022

Business

Gucci first luxury brand to accept ApeCoin cryptocurrency in store

Gucci is the first luxury house to accept ApeCoin (APE) cryptocurrency in its US stores. The Kering-owned maison was quick to adopt digital currencies and will now offer shoppers the possibility to make in-store purchases using ApeCoin through BitPay, the world’s largest provider of online payment services. Gucci has been trialing a roll-out of...

Aug 4, 2022