How can digital fashion items be "owned"?
One of the core features of blockchain technology is that electronic records created on the blockchain network are immutable which means your ownership records can not be altered by anyone and therefore you can own virtual fashion items for the first time in human history.
Does ownership mean having a copy of the product images on your local device or on your phone?
This is a common misconception about owning something digital, having something in your possession does not mean you are the owner. However, owning an NFT shows you are the owner and give you the right to sell that NFT.
How does BNV promote the creation of digital fashion items in the metaverse?
We work with brands and designers throughout the lifecycle of the fashion items created by them on BNV's platform. From 3D product creation, tokenisation, launch, community building, and on to metaverse ready wearability, we are there every step of the way.
Metamask is a cryptocurrency wallet for accessing Dapps and make transactions on the Ethereum network. We recommend using Metamask if you are familiar with blockchain, cryptocurrency, and things like seed phrases and private keys.
Torus is also a cryptocurrency wallet and its recommended for all users. It has one of the easiest signup and wallet creation processes. You also won't need to worry about losing your private key or seed phrases.
What can I do in the Showroom?
BNV Showroom is where brands and designers run fashion NFT campaigns and drops. This is also where you can get a variety of fashion metaverse experiences.
What can I do in the Market?
More features are coming soon.
What are transfer royalties?
Transfer royalties are charged on all peer-to-peer transfers, so as to uphold our commitment of providing almost universal and perpetual royalty collection for our brands and creators.