How to create NFT clothing – a brief guide
Have you ever thought about how to create NFT clothing in the best way these days? If you’re among these fashionistas, who are interested in the crypto universe as well, it’s no wonder that you would like to know all about the fashion NFT has to offer you in 2022.
Art and fashion have always been valued, especially since the advent of the Non-Fungible Token, which has allowed many around the world to own their favorite artworks and fashion pieces.
Given that today it is possible to find NFTs, not only in the form of images, audio, and video but also in the form of memes, gifs, tweets, real estate and other non-digital things, we’re not surprised by the appearance of the fashion NFT and those keen to learn how to create NFT clothing.
So, before we provide you with all the essential information regarding clothing NFT, let’s get started with the essential term “NFT” and explain it to beginners in this industry, shall we?
What is the term NFT exactly?
The term “NFT” refers to a Non-Fungible Token, an interchangeable unit of data stored on a special kind of digital ledger, Blockchain technology. A non-fungible token, thus, represents financial security consisting of a particular digital data.
Since it is stored on Blockchain, the ownership of NFT can be transferred by the owner, allowing NFTs to be traded and sold. Usually, Non-Fungible Tokens include references to digital files such as audio, videos, and photos.
Keep in mind that NFTs are considered uniquely identifiable and different from other cryptos that are fungible. NFT market value is directly associated with the digital file it references. Public proof of ownership and certificate of authenticity is what proponents of NFTs claim NFTs do provide.
Regarding Non-Fungible Tokens, it is crucial to remember that they do not restrict the copying or sharing of the digital file associated with them. In addition to that, it doesn’t prevent the creation of Non-Fungible Tokens that include identical files. So, what about those wondering how to create NFT clothing most effectively? Don’t worry. We’ll get to it once we explain what NFT clothing is in the first place.
NFT fashion and what you need to know about it
Fashion lovers from around the world who adore collecting the latest fashion items. It’s the same with NFT collectors. Imagine being both a passionate NFT collector and fashionista? There is no better combination of people who will adore NFT fashion.
Those who would like to know how to create NFT clothing are undoubtedly familiar with NFTs and will improve fashion eCommerce in the long run. While Non-Fungible Tokens are gaining more and more popularity, loyalty, and engagement, one area where NFTs hold specific promise refers to the fashion industry.
We know that the fashion industry is focused on setting the latest trends, and Non-Fungible tokens are no exception.
Fashion brands and NFTs
Did you know that 17% of fashion brands currently featured in the famous “Vogue Business Index” have already collaborated with Non-Fungible Tokens in one way or another?NFTs have exploded in popularity within the fashion industry lately.
According to Vogue Business data, five luxury fashion consumers rate Non-Fungible Tokens as exciting for the whole industry. Besides that, fashion brands are noting it down, as well. The Hundreds, a famous streetwear brand and a Shopify Plus merchant, have launched its NFT called “The Adam Bomb Squad”.
It includes more than 25,000 authentic illustrated clothing combinations of the brand’s backgrounds and signature bombs. The NFT clothing collection has reached tremendous success. According to NFT Now, this particular brand has earned approximately $50 million in sales volume on OpenSea from just this specific NFT collection.
Benefits for Adam Bomb Squad NFT owners
Those who own this particular NFT fashion collection will get exclusive access to the top five benefits:
- Early access to new drops
- Free ABS-exclusive Adam Bomb Squad T-shirt
- ABS-exclusive drops
- Exclusive ABS digital and physical events
- Warehouse sales fast lane privileges
Dolce & Gabbana, Burberry, Balman, Barbie and their NFTs
The Dolce & Gabbana brand has also taken notice, setting a record of approximately $6 million for a nine-piece collection of digital NFTs. The brand debuted its NFT collection called “Colleyione Genesi”, which includes digital, physical, and experiential value.
Besides the physical version of the famous “Dress from a Dream”, a custom digital recreation of the dress, an original signed sketch, and custom-fitted to the wearer, the Dolce & Gabanna NFT holder will also receive two-year access to their Alta Moda, Alta Gioielleria couture events in Italy, and Alta Sartoria.
On the other hand, the luxury brand we all adore, Burberry, released their NFT collection in the popular blockchain game called the “Mythical Games’ Blankos Block Party”. At the beginning of 2022, Balman and Barbie partnered up, featuring ready-to-wear fashion items such as clothing, accessories and exclusive Non-Fungible Tokens.
Remember, it’s just peripheral. The gold rush for Non-Fungible tokens has encouraged many brands and fashion businesses to explore the enormous potential digital collectables offer.
NFTs and Fashion eCommerce
It seems that numerous fashion businesses are preparing for the new chapter of the fast-growing fashion eCommerce. The so-called “fashion invasion” into Non-Fungible Tokens could hint at the next eCommerce realm.
In this case, digital collectables brought up an entirely new level of exclusivity, not just in the mainstream fashion industry but also as an alternative revenue stream for the fashion business. It’s essential knowing that NFTs could also become a solid foundation for a strong community that may be highly impactful for success during the following ten years.
A simple guide on how to create NFT clothing
Individuals eager to learn how to create NFT clothing for their purposes will be happy to know that it isn’t such a complicated process. The thing that is of great importance to many fashionistas and NFT admirers is a guide on creating NFT clothing. Here are the most important steps to do so:
- Choose your fashion item – Determine what type of NFT you want to mint. It could be a pair of customized shoes, apparel, music, a tweet, or even a GIF. Remember, It represents a unique digital item owned by a single individual.
- Pick the preferred Blockchain – After choosing your fashion item, you can start minting it into an NFT. The first step is to decide which blockchain technology you will use for your NFT. We recommend Ethereum since it’s the best for minting NFTs.
- Set up your digital wallet – To create your own NFT, you’ll need to set up a digital wallet such as MetaMask, Trust Wallet, Alpha Wallet, Coinbase Wallet, etc. Purchase some cryptocurrency in your wallet. We advise Ether.
- Select your own NFT marketplace – After creating your wallet and purchasing cryptocurrency, select the NFT marketplace. The most popular ones are OpenSea, Rarible, Larva, etc.
- Upload your file – You’re ready to mint your first NFT fashion item! Upload your digital file on the NFT marketplace. Find a step-by-step tutorial on its official website to do it most efficiently.
- Set up the sales process – The last step is to choose how to monetize your fashion NFT. There are options such as unlimited auction, timed auction, or a fixed price.
The biggest lesson for Fashion brands
The first lesson is that if you want to create your NFT collection just because everyone else is doing so, it won’t guarantee business success!
Entering the NFT business as a fashion brand just because “it’s hot” is a big mistake. According to one marketing director, most NFT clothing projects end up being utterly worthless since there’s no original goal in mind.
More than 50% of fashion brands that start their own NFT project without a goal and strategy will be focused on the next hot thing once they fail to succeed. Businesses need to build a solid strategy and offer their customers long-term value.
Businesses must create a solid strategy and offer customers tangible, long-term value. So, before knowing how to create NFT clothing on your own, it’s crucial to understand the benefits that NFT provides for the e-commerce fashion business.
Top benefits of drilling into NFTs for eCommerce fashion business
- It builds a solid community and provides a way to represent itself online. It’s one of the key pillars for successful eCommerce business brands.
- It is creating personalized and exclusive tailored experiences for your community. If you choose to create an NFT fashion collection that will provide its members with exclusive benefits, it can help strengthen customer bonds.
- Tailoring authentic loyalty programs with NFTs may allow brands a competitive advantage shortly in eCommerce.
- Selling digital assets – NFTs can unlock a new revenue stream for DTC fashion brands, especially those that complement their physical offerings using digital assets. For this reason, NFTs represent a so-called “virtual stepping stone” toward the metaverse and future customer interactions.
- They are creating excitement for a new product launch since unique Non-Fungible Tokens offer additional value and gauge customer interest.
What is the future of NFT fashion?
Now that you are aware of how to create NFT clothing items by yourself, you may wonder, “What is the future of NFT in the fashion industry”? According to our experts, fashion-related Non-Fungible Tokens have proven to be highly successful in generating attention for fashion brands and bringing new customers.
Nonetheless, fashion NFTs are not the only reason for their immense rise in popularity. Tokens are just serving as a “backup” and are here to open additional opportunities and marketing channels. Our experts expect that the new tokens will increase customer loyalty and reduce the environmental impact of fast fashion.
On the other hand, consumers will receive an entirely new experience of owning garments of their favourite brand accessories that they can showcase digitally. In conclusion, NFT wearables are expected to become one of the “most sought-after” future technologies!
