PRESS RELEASE. Optimizing the power of Web3 technology, Faith Tribe takes over the metaverse, highlighting digital fashion.
The closer we look around ourselves, the more we notice how the swift rise of various industries today has been possible with the accurate use of digital mediums in their daily workings. It is time people accept and embrace the numerous features, tools, and services of the digital space to take their brands and businesses to the next level of success, advise experts. The fashion niche among them has seen some surprising growth statistics, which can now be attributed to the advanced use of the digital financial space, including crypto, NFTs, Web3, and the like, leading to Web3 fashion and coming together of luxury fashion brands with incredible NFT drops. Faith Tribe, as part of global Paris-based fashion brand Faith Connexion, is developing a cutting-edge digital platform for the creation of fashion items.
Recent news is abuzz that Faith Tribe, who’s aim is democratizing fashion in the metaverse, has made new developments by helping designers create their digital garments and spread it across the digital realm. The ambition of Faith Tribe is to empower independent creators in both the physical world and the metaverse. It will pave the path of growth and success for designers by allowing them to create their physical or digital collection, mint it as NFT’s and finally selling it on a digital fashion marketplace. The project implies the creation of $FTRB, a community coin that stands as a unified currency between the community and various components of the ecosystem.
The $FTRB token is dual-chain token on Ethereum and Polygon, audited by both Certik and Omniscia. The coin received as well the support and advices of pioneers in the industry, such as Brock Pierce, Define Labs, and CEO of NFT Technologies Mario Nawfal. Launched on February 24th on AscendEx and Uniswap, the coin soared up to 0.07$ before stabilizing around 0.05$, marking a x5 performance despite very nervous markets due to the Russian invasion of Ukraine on the same day. The coin is also ready to be listed on several top-tier exchanges soon.
Holding $FTRB will be necessary to have access to the product experience offered by Faith Tribe. Nevertheless, holding $FTRB will also allow holders to buy clothes at a discount from the Faith Tribe’s global marketplace as well as from Faith Connexion’s ecommerce store. In addition, holders will be able to contribute to the liquidity pool to support creators, vote through mass-voting program for the best garments, or finally participate in a staking program.
Faith Tribe(https://faithtribe.io/) is developing the first fully decentralized and community-owned ecosystem for the creation of fashion products, Faith Tribe has taken every step forward in the digital fashion world, allowing creators and designers to customize, design, mint, and distribute their physical and digital fashion lines and assets. Faith Tribe sponsored as well a couple of major events recently, such as NFT LA conference, AIBC in Dubai, Paris NFT Day, Metaverse Fashion Week on Decentraland and finally Latin American Fashion Summit (LAFS in Miami).
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