Sales of real estate in the metaverse topped over $500 million last year with indices that could double this year. Investors and analytics firms, however, hold that the recent surge in sales was sparked by Facebook's Oct. 28 announcement that it was rebranding as Meta to focus on the metaverse.
Gucci, a renowned luxury fashion label, has teamed up with Superplastic, a digital character firm, to produce a SuperGucci non-fungible token (NFT) line. The collection's theme is based on mixing traditional Gucci themes and designs with SuperPlastic digital characters Janky and Guggimon. Alessandro Michele, Gucci's head of design, collaborated with Superplastic