Soon Fashion Designers Will be Able to Make Money on the Metaverse Using XANA
If you want to live your life to the fullest in virtual space, become a part of XANA. It is a premium metaverse that allows you to create the avatar of your choice and customize it as per your wish. Avatars in XANA are virtual 3D humanoid models that will represent you in XANA’s metaverse. XANA is collaborating with numerous global brands, so you can also get a wide variety of clothes, shoes, and accessories to wear on your avatar within the metaverse.
Fashion in the Metaverse
The metaverse is opening endless opportunities for designers and brands. It may seem that it is only suited for gaming, but it has the ability to disrupt the fashion industry as virtual fashion is becoming a real phenomenon. Using 3D humanoid avatars with a full range of customization options enables the fashion industry to go a long way in the metaverse.
XANA’s Metaverse allows people to equip their avatars with clothes, shoes, and accessories. All these equipable items are called Wearables in XANA, and once equipped they can be seen on your avatar in the virtual space. Each Wearable in the XANA metaverse will have a unique look to help distinguish them from one another in the virtual world. Additionally, many of the Wearables featured in XANA will be from global fashion brands.
Clothes and Wearables as NFTs
In traditional virtual world simulations, every digital asset purchase made, or any avatar bought only has value within that particular virtual world. Users could not make trades in traditional virtual worlds, thus once Wearables, accessories, or any other digital assets were purchased they lost all real world value. In the XANA Metaverse, each digital asset such as Wearable items are recorded on the XANA blockchain in the form of NFTs that hold value in the real world.
Unlike traditional virtual world simulations that refrain people from trading digital assets, XANA’s metaverse empowers people by giving them a virtual world with numerous opportunities to buy and sell digital assets in the form of NFTs. AllWearables, and other digital assets on the metaverse are available on XANA’s NFT marketplace XANALIA. Since all digital fashion items on XANA are NFTs they hold value in the real world,, and they might even appreciate over time. People can buy/sell their wearable assets on XANA, and potentially earn an income.
Earning Opportunities for Fashion Brands and Designers
XANA empowers the users by giving them the opportunity to bring their own avatars into the metaverse, as long as they meet XANA’s specifications. It is similar for Wearables and accessories, as brands and designers can design the clothes according to the given specifications and upload them on the metaverse.
1.Creating Clothes for the Avatars
Being a user-driven platform, XANA enables fashion brands and designers to upload their designed clothes on the metaverse. Since all Wearables on the XANA metaverse are recorded as NFTs on the XANA blockchain, they can be sold to earn revenue. Designers can launch their clothing collections on XANALIA, and keep earning as users on XANA & XANALIA purchase their digital clothes.
2.Setting Royalties
Brands can set royalties on their wearable NFTs, allowing them to earn revenue whenever they are traded within the metaverse or anywhere else on the XANA blockchain. A user can always get bored of the same clothes while someone else may love them. Whenever a trade occurs, the original artists get a royalty fee, which they can set when they are uploading their digital clothing line to the metaverse.
3.Minimum Cost of Production
In real life, designers have to bear huge costs when they design a collection. The cost of materials needed for the production and transportation add up. Usually, to bear this expense, designers have to produce everything in bulk. Designing for the metaverse is convenient as designers can easily make their designs digitally, and if the demand is high they can easily make changes to any design without incurring huge costs.
The Bottom Line
The future of fashion lies in the metaverse! XANA will help in taking the fashion industry forward with its user-centric metaverse. Designers and brands will find new avenues to earn money and a lot more appreciation for their talent. XANA is all about enabling its users to achieve their goals in the metaverse, and the fashion industry is no exception.
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