Crypto Art x Fashion: Scaling Fractional Garment Ownership. Live January 15th.
Expanding Layer One of Our Operating System: Fractional Garment Ownership. Going LIVE this Friday. January 15th 2021.
We first introduced the concept of Fractional Garment Ownership into the DIGITALAX marketplace during Auction Round 2, partnering with renowned Crypto Artist ROBNΞSS.
We are going LIVE with the first designs under Fractional Garment Ownership Beta 1.2v this Friday January 15th!
This time, we have partnered with over 11 talented Crypto Artists who are creating and issuing the first unique ERC-1155 materials under their wallet addresses and our new metadata standards. It is all on-chain, tracked and verified— the beginning of the DIGITALAX on-chain Open Source Digital Material, Pattern, Texture libraries!
What is it?
Fractional Garment Ownership (FGO) is a concept founded and introduced by DIGITALAX that enables individual artists, designers to create and issue the modular building blocks and components to a master digital fashion garment.
The raw digital materials, patterns, textures are designed and contributed into on-chain Open Source digital material libraries that can then be leveraged by other Digital Fashion designers in their master garments and collections.
FGO is core to Layer 1 of the Digital Fashion Operating System. It ensures the development of a streamlined, efficient supply chain with on-chain digital ownership and democratised access channels for independent artists, digital fashion designers, brands, creators to be able to contribute creative supply into the broader digital fashion ecosystem. FGO cultivates an Open Source spirit for digital fashion and promotes higher value and creativity across the individual fashion pieces.
How does it Work?
- An artist/designer creates the individual textures and patterns.
- These are issued as ERC-1155 tokens under the Designer’s designated ERC-20 wallet address on the DIGITALAX platform.
- The DIGITALAX Global Designer Network incorporates these individual ERC-1155 patterns/textures into the main Digital Fashion Garment NFTs.
- The Digital Fashion Garment NFTs are issued as ERC-721 tokens under the digital fashion designer’s ERC-20 wallet addresses on the DIGITALAX platform.
- These ERC-721 NFTs are then linked with the relevant ERC-1155 tokens on-chain with the DIGITALAX variant ERC-998 contract.
- Sales of these garment’s on the DIGITALAX marketplace are beneficial for both the DIGITALAX Global Designer Network and the individual pattern/texture supplier.
Going Live Friday This Friday. January 15th 2021.
This Friday we will go live with the first set of designs under the Degrees of Exclusivity standards with both “Instant Buy” and “Auction” contracts. We will be revealing the talented Crypto Artists along with the Digital Fashion content created by our Global Designer Network tomorrow!
Reach out!
We are here to take over this industry, create new value! If you are interested or inspired by our vision and mission, we would love to hear your feedback, thoughts, comments.
We are always looking for great people to join our team. We are currently hiring across business development, community management, creative content direction. Contact direct on emma.jane@digitalax.xyz or @emmajane13 on telegram.
Connect with us on Social Media:
- Twitter: https://twitter.com/DIGITALAX_
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- Github: https://github.com/DIGITALAX/
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