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HomeCrypto NewsMarketWhat Impact Shiba Inu Entry In Fashion Industry Would Have On Shib Ecosystem

What Impact Shiba Inu Entry In Fashion Industry Would Have On Shib Ecosystem

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Recently Shiba Inu Partners Fashion Brand to Develop 10,000 Clothing Non-Fungible Tokens (NFTs).



In another line of development, in a bid to prove its cryptocurrency project is not a meme coin Shiba Inu, the popular dog-themed project, has partnered with John Richmond to develop 10,000 units of clothing non-fungible tokens (NFTs). 

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Per a recent announcement, the 10,000 fashion digital collectible will also have a wearable capsule connected to it. 

 

The non-fungible tokens, according to the announcement, will be presented to the world at the Richmond Fashion show during the 2022 Milan Fashion Week in September this year. Moreover, the collection will be available to buy in all the Richmond flagship stores worldwide and all of its retailers. 

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An after-party will be held exclusive to members of the SHIBArmy and SHIB holders, at a secret theme and location expected to be announced in the coming months.

More Adoption for Shiba Inu

Following the initiative, a new set of enthusiasts from the fashion industry will be onboarded into the SHIB ecosystem from the fashion world, leading to widespread adoption of the cryptocurrency, popularly described as the Dogecoin killer. 

Interestingly, with the event tipped to go down at 2022 Milan Fashion Week, top-class models could showcase some NFTs, thus boosting Shiba Inu’s popularity globally. 

Shiba Inu NFT Project

It is worth noting that this is not the first time the Shiba Inu team will be developing a non-fungible token project. 

Last year, Shiba Inu officially unveiled its first-ever NFT dubbed Shiboshi, an initiative that has gained traction across popular marketplaces, including OpenSea. 

 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Author

Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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