By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Balmain ties threads with MINTNFT and Ripple to enter the metaverse
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > News > LATEST NFT NEWS & METAVERSE > Balmain ties threads with MINTNFT and Ripple to enter the metaverse
LATEST NFT NEWS & METAVERSENews

Balmain ties threads with MINTNFT and Ripple to enter the metaverse

news room
Posted news room May 14, 2022 586 Views 5 Min Read
Updated 2022/09/10 at 10:18 PM
Balmain, Balmain x, Balmain paris, Balmain NFT, NFT, Balmain NFT Collection, Olivier Rousteing, Olivier Rousteing NFT
SHARE

Balmain, a famous French haute couture house announced a partnership with Min tNFT, an NFT marketplace, and Ripple, a blockchain network, to kick start its brand in the metaverse space. The Los-Angeles based fashion company is thrilled to release its Non-Fungible Thread project with MintNFT which will officially mark the entrance to the web3 world. 

Contents
Balmain x MintNFT: The Non-Fungible ThreadWhat makes Non-Fungible Thread unique from other NFTs?Balmain x Ripple: The first fashion NFTs on the XRPL blockchainHow will Balmain transform the fashion industry?

The announcement was made at Balmain’s flagship store opening event in New York on May 12. The details of the NFT project are yet to be released. 

Balmain, Balmain x, Balmain paris, Balmain NFT, NFT, Balmain NFT Collection, Olivier Rousteing, Olivier Rousteing NFT

With the increasing popularity of NFTs and metaverse, the fashion industry is slowly transitioning towards the Web3 world to showcase its projects in an innovative way through technology. 

Balmain did not hold back on this opportunity and announced an official partnership with MintNFT to release its own NFT project called the Non-Fungible Thread.

Balmain x MintNFT: The Non-Fungible Thread

Balmain’s Non-Fungible Thread is an exclusive single yet dynamic NFT that will evolve over time to become an essential factor for the upcoming and future Balmain products. It will combine physical and digital production to create something unique and valuable for the collectors and Balmain fans. 

The Non-Fungible Thread project will also have an inclusive community called the Balmain Army, only accessible to Balmain NFT holders. 

What makes Non-Fungible Thread unique from other NFTs?

In the fashion industry, a thread is the main component. To showcase Balmain’s heritage and sophistication of fashion trends, the brand decided to base its NFT project on a single thread. 

As Balmain Creative Director Olivier Rousteing says, “Maintaining a thread is key in fashion. In order to extend a clear vision and advance a distinct aesthetic, each and every collection that a fashion designer oversees must be tied together by a single, unifying thread.”

 Balmain has held the heritage of the legendary designer Pierre Balmain since 1945. By making the single thread, it will represent Balmain’s long history of designs made from  “one long, unbroken thread.”  The Non-Fungible Thread is the vision of one thread going virtual.

Balmain x Ripple: The first fashion NFTs on the XRPL blockchain

The NFT project will be released with MintNFT on the XRPL blockchain, becoming the first NFT project to do so. Balmain and MintNFT announced they will partner with Ripple to release this project on its brand-new eco-friendly and carbon-neutral blockchain network. 

Ripple is focused on protecting the environment and also providing fast transactions and user-friendly platforms to users, which follow Balmain’s vision in the fashion industry. 

As CEO of Balmain, Jean-Jacques Guével says, “To develop a truly innovative Web3 strategy, it’d be hard to think of a better set of partners than MINTNFT and Ripple. We’re excited to work closely with them to create Balmain’s space in the metaverse—and to work on a host of singular and exciting projects in the future.”

How will Balmain transform the fashion industry?

Balmain has already worked on various NFT projects before this. Prior to this announcement, Balmain has already collaborated with MintNFT for the Balmain x Barbie NFT project back in January 2022. This collaboration holds a special meaning as this was the first-ever NFT sale to go live on MintNFT. 

Balmain’s BALMAIN DREAMS: 10 OR is also an upcoming project in collaboration with Z2 Comics on MintNFT showcasing “Olivier Rousteing’s most celebrated collections from the last ten years.” Furthermore, the brand also released some clothing items and sneakers NFTs in 2021 to test its waters on the platform. 

Having a background in the web3 world, Balmain is now ready to make its way into the blockchain world with a proper NFT project that will give way to the metaverse. Balmain’s Non-Fungible Thread will kickstart a new era in the fashion industry. 

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Clubbing TV nft Clubbing TV introduces wristband NFTs to access world-renowned clubs
Next Article cult dao, cult, cult blockchain, Anonymous to support Cult DAO’s manifesto against Russia and other unjust governments
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
BLOCKCHAIN NEWS EXCHANGES News WEB3 March 25, 2023
DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Join us
Ad imageAd image

You Might also Like

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
BLOCKCHAIN NEWSEXCHANGESNewsWEB3

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan

March 25, 2023
DeFi protocol DefiLlama has resolved its internal conflicts 1
CRYPTOPEDIANewsWEB3

DeFi protocol DefiLlama has resolved its internal conflicts

March 21, 2023
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWSNews

Crypto Fear and Greed Index has reached its highest level

March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
AIBLOCKCHAIN NEWSNews

Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users

March 20, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?