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After making headlines thanks to collaborations with top celebrities like Justin Bieber and Cardi B, the tech startup genie announced the launch of the new NFT Fashion Marketplace. Called The Warehouse, the platform also allows users to create their own digital avatars and dress them up in NFT fashion.
Based on the Flow blockchain, The Warehouse will be home to a number of custom collections, and Genies is currently working to bring these to life.Influencers are among the designers who will reportedly release collections on the site Tachi Bruning.
Not only this, fans can also customize pieces purchased on the market and turn them into their own collections.
“Let’s say that if a fan or follower or someone in the community decides to buy for their avatar, they also have the right to edit or DIY within the studio platform. can be created using tools.Create derivative collections and sell derivative fashion lines on The Warehousesay Akash NigamIn a statement to TechCrunch, CEO of Genies.
Given how derivative and inspired fashion is, this creates a traceable link as to the inspiration behind each piece. Original creators also get a portion of the profits from sales.
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*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.
