• About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Terms & Conditions
No Result
View All Result
Ripple Press Release
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
  • Home
  • Market
    • Analysis
    • Guide
  • Binance
  • Bitcoin
  • Blockchain
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Ethereum
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
Latest News and Updates on Cryptocurrency
No Result
View All Result
Home Analysis

Meta Launches Metaverse Digital Clothing Store

by
June 20, 2022
in Analysis
0 0
0
Meta Launches Metaverse Digital Clothing Store
332
SHARES
2k
VIEWS
Share on FacebookShare on Twitter

Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that clothing and other accessories will become an important part of the users’ identity expression and that this will entice them to spend money on digital clothes that will be wearable on all Meta’s apps, including Facebook and Instagram.

The store, which will be rolling to different markets this week, will feature digital designs created by Balenciaga, Prada, and Thom Browne, and will be available for Meta’s avatars on Facebook, Instagram, and Messenger. The pricing for each one of the pieces of clothes available has still not been revealed.

Meta’s bet is simple: the company believes that the metaverse will grow so big in the coming years that the need for these digital items will also grow with it. That is why the company pivoted to a metaverse-driven business earlier this year. About the relevance of these items, Mark Zuckerberg, founder and CEO of Meta, stated:

Digital goods will be an important way to express yourself in the metaverse and a big driver of the creative economy. I’m excited to add more brands and bring this to VR soon too.

However, according to experts, Meta’s voyage to entice users to step into the metaverse will not be an easy one. Zuckerberg has already recognized that this early pivot to metaverse will cost them. In May he stated that this change will make the company lose a “significant amount of money” during the next three to five years.

What do you think about Meta’s launch of its digital clothing store? Tell us in the comments section above.

source
News Wire

Popular Post

    Facebook Twitter RSS

    Ripple Press Release


    Get the latest news on Cryptocurrency and stay up-to-date ... Cryptocurrency prices today.

    Category

    • Analysis
    • Binance
    • Bitcoin
    • Blockchain
    • Coinbase
    • Crypto
    • Crypto Exchange
    • Ethereum
    • Finance
    • Guide
    • Litecoin
    • Market
    • Ripple
    • Tether

    Recent News

    Bitwells Exchange Launches 777 BTC Giveaway for Derivatives Traders

    Bitwells Exchange Launches 777 BTC Giveaway for Derivatives Traders

    July 1, 2022
    How The Fiat Standard Has Impacted Relationships, Sex And Family — And How Bitcoin Can Fix It

    How The Fiat Standard Has Impacted Relationships, Sex And Family — And How Bitcoin Can Fix It

    July 1, 2022

    © 2022 Ripple Press Release.

    No Result
    View All Result
    • Home – Layout 4

    © 2022 Ripple Press Release.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Posting....