• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, May 16, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Gucci buys land in the Metaverse to bring themed digital experiences

by Reshab Agarwal
February 11, 2022
in Crypto, Metaverse, News, Trending
Reading Time: 2 mins read
0
Gucci buys land in the Metaverse to bring themed digital experiences
TwitterWhatsappLinkedin

The Metaverse has gotten really popular lately as more and more companies invest in the same. We heard about Samsung and H&M opening their stores in the Metaverse a while back. It was clear that this was just the beginning. And now Gucci buys land in the Metaverse to offer themed digital experience to visitors proving the same. The announcement of this was made on the official Twitter and discord channel of Gucci and is expected to bring a lot of hype to the brand.

You might also like

Trump Administration Drops Rule to Restrict Data Brokers from Selling Americans’ Personal Data

YouTube Unveils Emotion-Driven ‘Peak Points’ and Shoppable Ads in Major Advertising Push

AI Disruption Leaves Veteran Software Engineer Jobless and Living in an RV

Gucci in the Metaverse

The luxury fashion company Gucci has finally joined the Metaverse space. They have opened the store in the Sandbox, which is based on the Ethereum blockchain. This move is going to bring a lot of audiences to their digital stores seeking experiences like never before. They teased about a partnership with the Sandbox in early Feb but only recently confirmed the news via Vogue Business.

Gucci buys land in the Metaverse to bring themed digital experiences
Image Source: The Business of Fashion

Gucci will be expanding its vault concept over here to bring an interactive experience to the visitors. The vault is an online store of Gucci, but with the Metaverse, it will become much more. The company hasn’t reported much on the purchase details.

They have been a part of the blockchain world in the past. Gucci sold an NFT from the Fall/winter 2021 collection in the auction house Christie back in March 2021. They also unveiled the Gucci Garden on Roblox on their 100th anniversary, allowing millions of users to purchase their collectibles. A lot of their NFTs have been sold and are with the public right now.

This is great for both Gucci and Metaverse

With Gucci entering the Metaverse, it will bring more fame and validation to the concept. At the same time, Gucci will also be making a lot of money selling NFTs and collectibles in the future. It is expected that the luxury NFT market will become $56 billion by 2030 says, Morgan Stanley. Therefore, in the future, we will surely see a lot of other such brands entering the NFT and Metaverse world.


What are your thoughts as Gucci buys land in the Metaverse? And do you think that other brands will also follow in their footsteps? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: Binance acquires a $200 million stake in Forbes.

Tags: Guccimetaversesandbox
Tweet54SendShare15
Previous Post

Why was UBER Halted For Trading?

Next Post

Affirm stock closes 21% lower after it got HALTED

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Trump Administration Drops Rule to Restrict Data Brokers from Selling Americans’ Personal Data

by Harikrishnan A
May 16, 2025
0
Trump Administration Drops Rule to Restrict Data Brokers from Selling Americans’ Personal Data

In a quiet yet deeply consequential move, the Trump administration has shelved a proposed rule that would have prevented data brokers from freely selling Americans’ personal and financial...

Read more

YouTube Unveils Emotion-Driven ‘Peak Points’ and Shoppable Ads in Major Advertising Push

by Harikrishnan A
May 16, 2025
0
YouTube Experimenting with Ads that Play while Video is Paused

YouTube has rolled out two new advertising tools that could change how people experience ads on the platform. Announced at the company’s annual Upfront event in New York,...

Read more

AI Disruption Leaves Veteran Software Engineer Jobless and Living in an RV

by Harikrishnan A
May 16, 2025
0
AI Disruption Leaves Veteran Software Engineer Jobless and Living in an RV

Not long ago, Shawn K was living the American tech dream—six-figure salary, a steady job in a promising industry, and decades of experience under his belt. Today, he...

Read more
Next Post
Affirm

Affirm stock closes 21% lower after it got HALTED

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?