Is it possible to make money selling virtual clothing and how does it work? We are used to digital technology changing many areas of life, but fashion seems to be taking a huge step towards the virtual world. People are buying digital items for their avatars, in games, and on social media. Some brands are even selling NFT clothing collections! But how profitable is this? Which platforms already allow you to make money from it, and what does it take?
How to make money on virtual clothes?
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Devin Hinton New
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Yes, there is indeed money to be made from virtual clothing, and the industry is growing rapidly. It all started when brands noticed the audience's interest in customizing avatars in games and social media. Now companies like Gucci, Balenciaga and Nike are creating digital collections that are sold in NFT format. NFT allows clothing to be made unique, limited and collectible, and thanks to blockchain, the owner can prove the authenticity of their purchase. People buy virtual items not only for entertainment, but also as an investment because the price of such assets can increase over time. For example, virtual sneakers from RTFKT were sold for thousands of dollars! Also, if interested in this topic, there is a good article that explains how NFTs are changing the fashion industry: https://azbigmedia.com/lifestyle/fashion/how-nfts-are-impacting-the-apparel-industry/. It explains which brands are already using digital and how they are building a new market. I think this is the future - sooner or later virtual fashion will become a full-fledged part of the industry!
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Thank you very much. You have completely answered all my questions. I am very grateful to you for this, as I have been searching for answers to my questions for a very long time until I came across your post.
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