• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Wednesday, December 24, 2025
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

Maison Margiela: Entering the Web3 Era with Gamified Minting

October 26, 2023
in NFT News
Reading Time: 2 mins read
A A
Maison Margiela: Entering the Web3 Era with Gamified Minting
ShareShareShareShareShare

Maison Margiela, a renowned Parisian fashion label, is making waves by venturing into the world of Web3 with an inventive gamified minting experience. Known for its avant-garde designs and innovative creations, the brand integrates its characteristic numerical coding system with blockchain technology, allowing its patrons to gather 24 distinctive digital collectibles.

The Game of Numbers

The numbering system used for the tokens is a nod to the brand’s iconic garment tagging system. Each Maison Margiela apparel piece includes a tag featuring numbers 0 to 23, with one number encircled. This circled number signifies the collection that the piece belongs to, adding a layer of meaning and exclusivity to each product.

The minting experience allows participants to mint tokens numbered 0 to 23. Each token represents a different rarity level, with ‘0’ being the most common and ’23’ the rarest. The game intensifies as the countdown for minting each token restarts every 60 seconds, adding an element of urgency and quick decision-making. Each collectible has a restricted supply, and once it’s gone, minting is no longer an option. The fastest player to mint a token within the countdown secures the collectible, making it a race against time. 

Source Maison Margiela

An Equal Playing Field

Maison Margiela has ensured a level playing field by making the minting process free of any gas fee. Moreover, each digital asset is soulbound to its owner, making it non-transferable to others. This feature closely aligns with the brand’s commitment to individuality and personal style.

Soulbound tokens are permanently linked to your individual wallet and identity, making them non-transferable. They can’t be sold or transferred to someone else. This makes them well-suited for digitally encapsulating assets like competence certificates, reputation, and medical records, which can’t be bought.

While the brand has not yet revealed the next steps for its community after the minting process, these collectibles are expected to play a significant role in the yet-to-be-announced plans.

Credit: Source link

Related articles

RavenQuest: A Player-Driven Web3 MMORPG

RavenQuest: A Player-Driven Web3 MMORPG

December 10, 2024
The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

December 10, 2024
ShareTweetSendPinShare
Previous Post

Linqto’s Ray Fuentes Reveals The Factors That Could Drive A Ripple IPO In 2024

Next Post

Proof of Stake networks experience historic low in staking yields

Related Posts

RavenQuest: A Player-Driven Web3 MMORPG

RavenQuest: A Player-Driven Web3 MMORPG

December 10, 2024

RavenQuest is a free-to-play top-down MMORPG. It gives players a chance to shape a living, changing world. Unlike many games,...

The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

December 10, 2024

Tap-to-earn gaming has experienced a significant decline in user engagement and retention, even as blockchain gaming continues to grow. Notable...

Nissan Web3 Passport: A Look Into the Future of Car Ownership

Nissan Web3 Passport: A Look Into the Future of Car Ownership

December 9, 2024

Nissan Motor is driving into the digital future with the beta launch of the Nissan Web3 Passport, a blockchain-powered platform...

NFTs on the Rise: Key Drivers Behind the Market’s Resurgence

NFTs on the Rise: Key Drivers Behind the Market’s Resurgence

December 9, 2024

The NFT market experienced significant fluctuations in the past year. Nine months ago, it peaked at $2 billion before crashing,...

Penguins Expand Their World with $PENGU Token

Penguins Expand Their World with $PENGU Token

December 6, 2024

Pudgy Penguins, one of the top NFT collections by market value, is reaching beyond its devoted fanbase with a new...

Load More
Next Post
Proof of Stake networks experience historic low in staking yields

Proof of Stake networks experience historic low in staking yields

No Content Available
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Tucker Carlson and Roger Ver Reveal Shocking Details About US Extradition Battle and Bitcoin in Exclusive TCN Interview
  • Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
  • BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador
  • How High Will Dogecoin Rise If the Markets ‘Go Wild’?

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

Please enter CoinGecko Free Api Key to get this plugin works.
WP Twitter Auto Publish Powered By : XYZScripts.com