Fashion and entertainment houses that pride themselves on innovation are looking at the pinnacle of futurism — the metaverse — to broaden their portfolios.
The music, art, and fashion industries are flocking to the virtual world to expand their presence, broaden their reach, and diversify their revenues as the digital landscape expands at a rapid pace.
While celebrities like Kim Kardashian and Matt Damon have made a name for themselves as proponents of non-fungible tokens (NFTs), many companies are already leveraging the metaverse — a virtual-reality-based universe — to promote their products and services. With COVID-19 forcing countries to limit face-to-face interaction, the utility of this technological marvel has come to the fore.
In metaverse, using augmented reality and virtual reality, users can immerse into an alternate world to interact, play games or experience things through their digital avatar. Here are a few instances when the fashion and entertainment industry used metaverse to their advantage:
Here are 5 examples of how the fashion and entertainment industries have used metaverse to their advantage:
Movie trailer launched on the metaverse: A trailer of a recent film Radhe Shyam launched in the metaverse. It was first movie in the world to have its trailer released on the metaverse. The romance drama has established a new trend that will undoubtedly be followed by many other production houses.
History has been made! For the first time ever in the history of cinema, a film trailer has been launched in the metaverse. Click on the link for an enthralling experience! #RadheShyamOnMetaversehttps://t.co/J3BCANbeEf
Gucci buys land on the metaverse: Luxury fashion
Read more on ndtv.com