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Top Metaverse News: All Major Highlights from Metaverse Fashion Week 2022

Metaverse Fashion Week 2022

Did you miss out on the top crypto news throughout the week? Well don’t worry, we have got the top crypto regulation, NFT, and metaverse stories around the globe this week for you.

Read more to know the top crypto news for the week.

Top Crypto News Weekly WrapUp: Metaverse Fashion Week

Decentraland, a virtual reality platform, has launched the world’s first-ever Metaverse Fashion Week. During this digital fashion week, Decentraland will hold a series of runway presentations, afterparties, and pop-up stores from March 24 to 27. 60+ global brands are displaying digital clothing on avatars strolling down virtual catwalks.

A number of special brands, including Forever 21, Phillip Plien, and Estée Lauder, launched their flagship stores during MVFW22. CashLabs, a Web3 Agency, launched a mixed-media art exhibition, hosting over 20 artists and designers, including The Fabricant and The Dematerialized. The event will also feature a Fashion Film Festival hosted by SHOWstudio and Nick Knight.

How to Attend Metaverse Fashion Week?

The event is completely free and open to the public. Users just have to log onto Decentraland. During the fashion show, viewers will be able to scan a QR code to see a rendering of an item before purchasing it with NFTs from their crypto wallet. The user’s personal avatar can then wear the acquired NFTs.

What to Explore in Metaverse Fashion Week?

  • Decentraland’s Luxury Fashion District: Decentraland has recently established a Fashion District run by several communities. The district is open to the public during MVFW22. It is hosting a tour-de-force of fashion companies, brands, designers, and fashion aficionados, presented by UNXD and Vogue Arabia. You can catch the industry’s most recognizable brands, Tommy Hilfiger, Dolce&Gabbana, Etro, and metaverse-themed wristwatch Franck Muller in this region.
  • Rarible Fresh Drip Zone: is set up on Rarible Street. It is inspired by the streets of New York and filled with concrete and urban atmosphere. Pop-up stores from Placebo Digital Fashion House, The Fabricant, Artisant in collaboration with PUMA, the exclusive line of digital VAULT.swiss watches, and Fresh Couture are set up in the region.
  • Parcel-MetaParty Community Precinct: created to celebrate Decentraland’s creator community by Parcel and MetaParty. This incredible multi-level space includes fashion shows, mini games, DJs, music acts, and parkour. The ten winners of the Parcel-MetaParty Wearables Competition will showcase their creations on the Parcel catwalk on March 26.

Read more at Digital Fashion in the Metaverse | How it works

Weekly Price Change in Top Cryptos

Crypto Price Percentage Change
Bitcoin (BTC) ₹34,54,114.68 1.83%
Ethereum (ETH) ₹2,42,893.50 0.55%

*All prices are latest by 11:30AM, 26 March 2022.

Top Gainers and Losers Today

Top 5 Crypto Gainers  

Crypto Price 7d Percentage Change
Ethereum Classic (ETC) ₹3775.25 58.82%
Loopring (LRC) ₹82.96 43.15%
Axie Infinity (AXS) ₹5405.63 36.16%
Qtum (QTUM) ₹637.98 32.54%
Cardano (ADA) ₹87.29 29.40%

*All prices are latest by 11:30AM, 26 March 2022.

Top 5 Crypto Losers 

Crypto Price  Percentage Change
Helium (HNT) ₹1,841.99 -6.39%
Loopring (LRC) ₹83.00 -5.77%
The Graph (GRT) ₹32.26 -4.90%
Anchor Protocol (ANC) ₹191.02 -4.56%
Spell Token (SPELL) ₹0.33 -4.53%

*All prices are latest by 11:30AM, 26 March 2022.

Top Global Crypto News of the Week

  1. Australia Gears for a Major Move in Regulating Crypto. Read Now
  2. Krafton Partners With Solana Labs for Blockchain-Based Games. Read Now

Top Metaverse & NFT News of the Week

  1. McLaren mints NFT supercars. Read Now
  2. Tata Tea Hosts A Holi Party on Metaverse. Read Now
  3. PVR Launches RRR Movie NFTs. Read Now
  4. Decentraland Hosts The First-Ever Metaverse Fashion Week. Read Now

Total Value Locked in DeFi Jumps

The crypto-economy has increased in value over the last 7 days, with a current market capitalization of $1.99 trillion. In addition, the total value locked (TVL) in decentralized finance (defi) protocols has increased by 5.29% to $216.84 billion. Ethereum has nearly 43.88% percent of the total TVL held in defi, with $121.68 billion.

Top Trending Crypto Hashtag on Twitter this Week

The world’s first-ever Metaverse Fashion Week 2022, or #MVFW22, has become a historical moment in the global fashion industry, with 60+ participating brands, artists, and designers! 

Visitors to the Metaverse Catwalk are dressing up their avatars and posting photos from the front row using the hashtags #MVFW22 and #MVFW. Take a glimpse:

Daily Crypto News Round-Up

  1. Crypto.Com Nabs FIFA World Cup Sponsorship for Undisclosed Sum 
  2. Mahindra Enters NFT Space With First-Batch Based on Thar SUV
  3. Mango DAO Embraces SOL, Rejects BTC With $1M Treasury Investment

 

NEW COIN LISTING ON COINDCX 

New Coin Price 24hr % Change
Apecoin (APE)
$3,666,418,266
0.48%
Celer Network (CELR)
$322,342,614
-2.10%
Anchor Protocol (ANC)
$656,761,131
-5.61%
Stacks (STX)
$1,751,649,430
-1.01%

*All prices are latest by 11:30AM, 26 March 2022.

 

(Cover Image Source: https://twitter.com/martinshibuya/status/1507047193391378439?s=20)

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