Faith Tribe’s desire for their NFT clothing clients differs slightly from that of the gaming world. Members of Faith Tribe will be able to own, collect, and trade digital and physical NFTs. Faith Tribe is a blockchain solution that allows creators to design, customize, mint, and distribute their own digital fashion assets across multiple platforms.
Web3 and Fashion Convergence
The fashion niche has seen some surprising growth statistics, which can now be attributed to the advanced use of the digital financial space, including crypto, NFTs, Web3, and the like, leading to Web3 fashion and the convergence of luxury fashion brands with incredible NFT drops. Faith Tribe, a division of the global Paris-based fashion brand Faith Connexion, is working on a cutting-edge digital platform for the creation of fashion items.
Democratizing fashion in the metaverse
Faith Tribe, whose goal is to democratize fashion in the metaverse, has made new developments by assisting designers in creating digital garments and spreading them across the digital realm. Faith Tribe’s goal is to empower independent creators in both the physical and metaverse worlds.
It will pave the way for designers’ growth and success by allowing them to create their physical or digital collection, mint it as NFTs, and then sell it on a digital fashion marketplace. The project envisions the creation of FTRB, a community coin that will serve as a unified currency between the community and various ecosystem components.
A dual chain token
The FTRB token is a dual-chain Ethereum and Polygon token that has been audited by both Certik and Omniscia. The coin also received the support and advice of industry pioneers such as Define Labs, and NFT Tech.
Launched on AscendEx and Uniswap on February 24th, the coin soared up to 0.07 before stabilizing around 0.05, representing an x5 performance despite very nervous markets due to Russia’s invasion of Ukraine on the same day. The coin will also be listed on several top-tier exchanges in the near future.
To gain access to Faith Tribe’s product experience, you must first hold FTRB. Nonetheless, holding FTRB entitles holders to discounted clothing from the Faith Tribe’s global marketplace as well as Faith Connexion’s ecommerce store. Furthermore, holders will be able to contribute to the liquidity pool to support creators, vote for the best garments through a mass-voting program, and finally participate in a staking program.
Faith Tribe is developing the first fully decentralized and community-owned ecosystem for the creation of fashion products. Faith Tribe has advanced in the digital fashion world by allowing creators and designers to customize, design, mint, and distribute their physical and digital fashion lines and assets.
Faith Tribe has also recently sponsored a number of major events, including the NFT LA conference, AIBC in Dubai, Paris NFT Day, Metaverse Fashion Week on Decentraland, and the Latin American Fashion Summit (LAFS in Miami).
Faith Tribe’s desire for their NFT clothing platform users differs slightly from that of the gaming world. Faith Tribe members will be able to own, collect, and trade digital and physical NFTs. Two aspects of the platform will be highlighted: user collaboration and the actual process of designing clothes on the platform itself.
Physical Faith Tribe clothing items will also be made and sold on the blockchain, and these items will be purchased by obtaining and spending FTRB (Faith Tribe Coin), the ecosystem’s native token.
Jay Speakman is a technology writer based in San Francisco, California. He writes on the topics of blockchain, cryptocurrency, DeFi and other disruptive technologies. Clients include Avalanche, Be[in]Crypto, Trust Machines and several blogs devoted to blockchain gaming. He will not rest until fiat currency is defeated.