A virtual gaming platform Decentraland (Metaverse altcoin), will organize its platform’s first-ever Metaverse Fashion Week (MVFW).

Decentraland will show four days of virtual runway shows to showcase artificial intelligence-based fashion and tech in the form of NFT. It will be hosted by some of the world’s most well-known fashion brands, including all big brands like Tommy Hilfiger, Selfridges, Cavalli, Eli Saab, Vogue Arabia, Guo Pei, and others. It is a huge step for Metaverse altcoin.

Also, read – This altcoin is the most significant digital asset to monitor in 2022

While fashion isn’t new to the metaverse, according to MANA’s creative director Sam Hamilton, demand for beautiful digital clothing is rising.

The metaverse altcoin is no stranger to fashion and haute couture. Since the advent of avatar wearables in 2020, Decentraland has been on the cutting edge of rare and in-demand digital trends. Since then, designers have pushed the technical and artistic boundaries of Decentraland wearables, resulting in a thriving industry with over $1 million in avatar wearables sold last year.

The immersive fashion event, which will feature a futuristic-looking runway, will take place in Decentraland’s new Luxury Fashion District. It will also host afterparties and pop-up metaverse shops.

The virtual runway will be surrounded by a shopping district modeled by the architecture of Paris’ iconic Avenue Montaigne, which is noted for its stylish clothes stores and decor. According to the press announcement, the event will be from March 24th through March 27th. Metaverse Altcoin, Decentraland was trading at $2.71, up 16 percent from its seven-day low of $2.27.

Everything about Metaverse Altcoin Decentraland

Decentraland is an Ethereum-based initiative to encourage a global network of people to manage a shared virtual environment.

Metaverse Altcoin, Decentraland users can purchase and sell digital real estate while exploring, engaging, and playing games in this virtual environment. Because of the platform’s growth, users can now use interactive apps, in-world payments, and peer-to-peer chat.

Two types of tokens govern operations in Decentraland.

• LAND is a non-fungible token (NFT) used to identify who owns specific land parcels in digital real estate.
• In Decentraland, MANA is a cryptocurrency that can purchase LAND and other virtual goods and services.