Gucci is redoubling its commitment to the metaverse as the world of cryptocurrency delves deeper into an alternate reality. FIREPIN Token (FRPN) is a new cryptocurrency that has just entered presale and is setting itself up to be a treasury for Metaverse projects and a games studio.
GUCCI
The designer apparel company said recently that it has purchased an unknown quantity of virtual land in the decentralized blockchain game The Sandbox.
Gucci will offer themed experiences on The Sandbox based on its “Gucci Vault” platform, which sells things like Gucci-themed non-fungible tokens (NFTs) and antique bags.
In addition to a fashion-focused metaverse realm, Gucci will provide fashion products for Sandbox players to buy and wear in the game’s virtual world.
This isn’t the first time Gucci has licensed products for virtual wear.
It previously collaborated with two Roblox developers to offer an official apparel line in December 2020.
Gucci has produced a virtual area on Roblox dubbed the “Gucci Garden Experience.”
Notably, certain Roblox products were scalped and resold for hundreds of dollars, at prices equivalent to genuine Gucci bags.
The Sandbox (SAND), however, is a uniquely crypto-focused site, as opposed to Roblox.
Users must use the SAND token to buy virtual objects and the game is developed on the Ethereum network.
Having said that, The Sandbox is no stranger to crazy pricing for virtual objects, with purchasers picking up virtual real estate near celebrities’ virtual properties for a fortune.
Gucci made a name for itself in crypto by being the first luxury brand to issue an NFT. It continues to invest in decentralized platforms and assets, and it shows no signs of stopping when it comes to expanding into the world of Web3.
FIREPIN Token (FRPN)
FIREPIN Token intends to be a Metaverse center in web3.0, with a solid store of assets and finance for investments to produce a games studio.
The FIREPIN Token (FRPN) will enable users to conduct cross-chain transactions.
This enables FRPN holders to choose the chain that best fits their transaction in terms of time and cost, as well as the chain with the lowest gas costs. The ecosystems that FRPN will be compatible with will be Polygon (MATIC), Solana (SOL), Ethereum (ETH), Binance (BNB), and Avalanche (AVAX).
FRPN has just recently launched its pre-sale phase.
Early investors would gain significantly, and the price will rise as more people join, similar to Filecoin (FIL).
The FIREPIN Token (FRPN) presale is a ground-breaking opportunity to invest in a promising token before its official debut, allowing you to buy at the cheapest price possible.
This article is for entertainment and educational purposes only, always do your own thorough research before investing.
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