Privé Porter, beloved of celebrities like Cardi B and Paris Hilton, is adopting Boson Protocol technology to sell some of the world’s most sought-after bags as NFTs during Metaverse Fashion Week, which takes place in Decentraland from March 24-27 .
Retailer of new and used Hermès Birkin and Kelly handbags, among others, will feature four ultra-exclusive handbags at the Threedium store in Decentraland, from where fashionistas can purchase them and receive the physical bag delivered to their doorstep. carries.
Boson Protocol’s technology that enables the sale of physical goods as NFTs and Porter’s Private Authentication NFTs (ANFTs) – which, in the unlockable content, contain the serial number, maker’s stamp, redemption method and data points that only the buyer can see upon ownership – are a perfect example of how this technology can be used in the metaverse to connect the digital world to the physical world.
The two companies, Boson Protocol and Privé Porter, are developing the first NFT that is not “burned” upon redemption, a use case that applies not only to collectible accessories, but to all collectible assets such as art, wine, watches. These are categories that were, until now, monopolized by the old auction houses.
Jeffrey Berk, co-founder of Privé Porter, said; “We believe that the value of any NFT is tied to the value of a corresponding physical asset. The idea is that you can follow the story of a Mutant Ape, freeing buyers and sellers of luxury assets from the schedules and costs for auction houses to buy and sell whatever they have, whenever they want.Boson Protocol brings technology to facilitate the sale between buyer and seller, including communication between the parties and execution”.
Boson Protocol brings technology to facilitate the sale between buyer and seller, including communication between parties and execution
Four handbags will be minted in NFT, including a 25cm Hermés Kelly Sellier Bleu Indigo Shiny Nilo diamond and 18k white gold hardware, listed at $280,000, and a Hermés 25cm Birkin In and Out Biscuit/Multicolor hardware Swift Palladium 2021, which should fetch at least $58,000.
“We caught up with Privé Porter to experiment during Metaverse Fashion Week because reselling luxury fashion is an important part of the fashion industry,” said Justin Banon, co-founder of Boson Protocol in a recent Forbes article. . “Resale is a $24 billion category in itself. Privé Porter’s vision is that the ultimate value of an NFT must be tied to physical products. There must be an endgame where the NFT lives forever as the authentication of a luxury collectible and its title.
Privé Porter’s vision is that the ultimate value of an NFT must be tied to physical products. There must be an endgame where the NFT lives forever as the authentication of a luxury collectible and its title.
Boson Protocol, the universal commerce settlement layer for Web3, is teaming up with some of the world’s most sought-after brands for Metaverse Fashion Week. Each brand will sell their exclusive physical products as redeemable NFTs at a boulevard of metaverse stores located in Boson Portal, Decentaland.
For more information and to reserve your place, visit https://www.bosonportal.io/
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