Wear2Earn the new way NFTs will evolve.

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Hello everybody...

When we talk about the NFT we have to see that even today is a very unexplored field, a field with a lot of potential because the ideas that could be brought to the world of the NFT are infinite. Until now, many uses have been proposed, such as games, collectibles, art. But recently has been added another possible function for the NFT in the next metaverse, and is that the fashion industry has raised the NFT Wear2Earn, a non-fungible token that will be the beginning of large multi-billion dollar industry.

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In our environment, the clothes we wear such as shirts, pants, shoes, accessories, and other things, are an essential part of daily life, so it is not surprising that the fashion industry is the fastest growing industry worldwide or is an industry that has no casualties, as we will always want to dress with something nice or something new. In the next metaverse, it is logical to think that the fashion industry may also experience a big upswing, as many people will want their avatars to have weird or epic clothing as we see it today.

Digital fashion NFTs include clothing, shoes, jewelry, accessories, and more that can be worn virtually or within game ecosystems. These digital wearables are currently being used for speculative investing and collecting, to dress avatars in decentralized games, to wear in augmented reality environments, and to overlay on photos and videos.
-Megan Kaspar, CEO de Magnetic Capital-

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The concept of paying money for virtual clothing is not something far from reality, in fact in most of the games that are released today, have the option to pay with real money Skins, armor, helmets, or other items, to improve the skills of the character or simply to make it look better.

For example, an AK-47 Tempered Steel from the popular game Counter-Strike: Global Offensive, was sold earlier this year for $150K, the same for an AWP Dragon Lore from the same game that was sold for $122K. And if we look for more examples on the internet we will find many experiences or news of virtual skins that have been sold for thousands of dollars.

Now, the NFT market is growing every day, as it has superior features to the skins of centralized video games like CS: GO, the main reason why NFTs are the future in the metaverse, is that they give all the ownership rights to the owners, something very different from the skins market. For example, if CS: GO bans the account of someone who owns the AK-47 Tempered Steel or the AWP Dragon Lore, that player will have lost all his money with no way to get it back, while NFTs give the player absolute authority to own his asset.

Another superior feature of NFTs over Skins is that anyone can produce and sell them since there is no centralized market, for example, if you want to make an NFT on any armor or weapon you can mint it in any blockchain network and sell it in the respective markets such as open sea or NFTShowroom, however, if you want to make a Skin of a popular video game you will have very low probabilities since it is not produced by the creators of the video game.

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But what if we look beyond?



The metaverse is the place where billions of people will converge, it is possible that with so much demand, little by little new ways will be discovered to take the NFT to new paths and represent something much bigger than the fashion industry or collectibles since we can also think of all possible industries such as real estate, food, sports... The reality is that we are only scratching the tip of the iceberg, little by little we will discover other ways in which NFT and cryptocurrencies are of great help in every way.

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