What are metaverse wearables?
These are digital items of clothing that exist only in the digital realm (the metaverse) and can be bought and sold as NFTs (non-fungible tokens). Metaverse wearables majorly exist for digital self forms in the metaverse (NFT Avatars), they can also be used to create style profiles on social media websites.
The world of wearables is stirring up new trends in fashion and games. People can now create their ideal look and style in the virtual world. The NFT wearables open market enables NFT enthusiasts to buy and sell various accessories ranging from hats and boots to full-on funky dress costumes that will generally help them achieve their desired look in the metaverse.
Unlike physical clothes, metaverse wearables are not subject to wear and tear, instead, they accrue value and can easily be resold at a higher rate.
The idea of owning wearables originated from video games, where many players spend a significant amount of money to make their characters stand out in the virtual world. Research shows that the market from which the idea of metaverse wearables sprung is rapidly growing. According to wax.io, 60% of console gamers buy digital in-game products with annual average spending of about $133 per gamer. Gamesindustry.biz also provides that digital games spending was around $127 billion in the year 2020 alone. This shows that a large number of people will spend money to make their digital avatars look stylish.
Due to the unlimited possibilities that this open market offers, consumers and brands alike are flocking to the new market for metaverse wearables. Top fashion brands have decided to jump on the bandwagon and have started creating their metaverse wearables. Dolce and Gabbana for example are doing this through a platform called Polygon.
Are you ready to also jump on this bandwagon? Why not contact us today to assist you in creating your metaverse wearables