Inspired by the form of New York’s Met Gala, the first virtual Meta Gala took place during Crypto Fashion Week (CFW) exhibiting unique extravagant garments auctioned off as limited edition NFTs in a technology-led presentation. Part of the profits was redirected to a new design fund supporting emerging digital fashion designers worldwide.
The virtual designs were presented by avatars on grandiose staircases in a castle-like setting, floating freely in the clouds. The motto of the event, ‘As Above, So Below’, referred to the abolishment of boundaries between the real and virtual worlds.
‘The Empress of the Metaverse’ design, which generated the most revenue, was influenced by both the Empress Wu Zetian and the Victorian era, featuring a beautifully detailed dress symbolizing femininity in the metaverse, accessorized with a bag inspired by the Asian windflower, and finally, an extravagant crown designed to represent the majesty of the Empress. The NFT of this beautiful creation was sold for three ETH (equivalent to around 8200 Euros). ETH, also Ethereum or Etha, is the second-largest cryptocurrency after Bitcoin.
Other designs included an elegant, pleated evening dress, a colorful statement t-shirt, a complete Bollywood-inspired outfit, and finally, an incredible ball gown, with red and gold moving virtual elements which completely stole the show on the digital catwalk.
CFW assembled the world of fashion with blockchain systems and virtual art, bringing together the community of designers, artists, entrepreneurs, and technologies that are part of this digital fashion movement. This year’s Crypto Fashion Week opened with the launch of the Karl Lagerfeld NFT collection.