Super crazy to think that everyone will have a digital wardrobe in the near future, but makes total sense. Loved hearing all the info and opinions on this piece!
You need clothes to wear for you day to day life. Alot of high fashion companys dont make much money from clothes ( they dont make many clothes), they make money from make up and accessories, mainly bags and perfumes. This is just another platform for profit, cause I know when my shoes wear out or I need a new coat for winter, I wount be buying digital.
Digital fashion is a relatively new industry that is snowballing. Digital fashion uses virtual avatars and digital models to sell (digital) clothing and accessories. This means customers can browse items online, try them in-store, and even buy them without leaving the house. According to Allied Market Research, the global digital clothing industry is estimated to reach 4.8 billion dollars by 2031, a significant step up from the 498.7 million dollars it generated in 2021. [FashionUnited UK; MarketWatch; The Digital Speaker] 3:33
The Global Virtual Goods Market generated revenue of around USD 67.5 billion in 2021 and is anticipated to grow a CAGR of over 20.2% during the forecast period from 2022 to 2028 to reach around USD 203.6 billion in 2028. 5:08 [LinkedIn]
I love the idea but it’s so expensive for sth you want to only wear digitally and post once I understand Nft fashion outfit being expensive but the other outfits that so many others can buy too, which is just a filter on ur body, being $100+ is not worth it for me
You send them a photo, then they model 3d clothing onto your photo and match the lighting so it looks like you are wearing clothes that they designed. I wish this video displayed real clothes modeling instead of avant garde pieces.
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Sensational! Thanks. You're welcome! I'm glad you like it. Let me know if you need any further assistance. [Content generated by ChatGPT. ChatGPT is an artificial intelligence (AI) chatbot developed by OpenAI]