With 3.1 billion already being spent on Fashion in the Metaverse, the potential opportunity in the future is almost without limits. We speak to Costantino Roselli of NTZNS to discover the shape of Metaverse business models and opportunities for Fashion brands and retailers.
NTZNS (a play on the word Netizens of the Metaverse, which Costantino contrasts with Citizens in real life), is a multi-brand digital fashion platform that connects 3D digital fashion creators directly with their audience in the Metaverse.
While the Metaverse is still in it’s infancy, Costantino firmly believes that brands that engage in the virtual world today will be those that make it into the top 10 Metaverse brands in five years time with unlimited potential for business transformation and growth.
In this interview, fashion brands will find:
- 00:00 Introducing NTZNS, a Metaverse creative studio for Fashion
- 03:16 Defining Metaverse and introducing a Metaverse marketplace
- 08:04 The Metaverse opportunity for Premium Fashion Brands
- 13:54 The Metaverse proposition for Fast Fashion
- 16:54 The Metaverse Fashion business model
- 20:45 Metaverse revenue models