The Council of Fashion Designers of America (CFDA) recently announced it will be celebrating its upcoming 60th anniversary by “looking to the future” with a metaverse, Web3 and NFT exhibition in December. While the subjects of the event may be unfamiliar to many, organizers hope to use it to show fashion players the opportunities that are becoming available in the digital world.
““Our vision at 5Crypto and with this partnership is to empower and educate Web2 brands on the limitless opportunities Web3 presents, and create special moments that bridge the gap between consumer and crypto,” said Akbar Hamid, founder and CEO of 5th Column and 5Crypto, a communications agency for cryptocurrency, metaverse, NFTs and consumer brands. More on Web2 versus Web3 in a bit.
The CFDA event will include a metaverse exhibition (metaverse can mean augmented or virtual reality, or avatar/gaming reality, among other things) of 60 looks from the CFDA’s six decades, as well as exclusive NFTs (non-fungible tokens) that will go up for auction.