Developments regarding the interest of world-famous companies in the metaverse field continue. The famous Italian and French owned fashion brand Gucci enters the world of the metaverse.

Gucci, which entered the world of NFT last year, continues to take rapid steps in the field of technology. Gucci bought land on Ethereum-based metaverse platform The Sandbox. Gucci, which did not make any statement about the amount of land it bought, will start selling virtual clothing products that players can use within the platform in the future.

“For the next generation of gamers, virtual fashion is just as important as real-life fashion,” said Sebastien Borget, co-founder of Sandbox. said. It has partnerships with many brands and names such as The Sandbox, Warner Music, Snoop Dogg, Adidas, Atari, CryptoKitties, which have made a name for themselves with the investments they have received.

gucci sandbox

The luxury clothing brand has previously partnered with online gaming platform Roblox to release a clothing collection. In the virtual space Gucci created in Roblox called "Gucci Garden Experience", bags were sold more expensive than their real-life prices. Because 4 thousand dollars was paid for a Gucci bag in the virtual world.


Samsung Will Offer Crypto Wallet Innovation to Its Users in S22 Model

South Korean electronics giant Samsung introduced the S22 model in its new series. Crypto wallet and storage awaits users at S22. The wallet on the Samsung S22 will allow users to store their crypto assets. The announcement was made at a metaverse event. The South Korean electronics giant has unveiled its latest flagship smartphone packed with crypto features and functions.

The technology giant announced Samsung Wallet at the "Unpacked 2022" virtual event, where the new Galaxy S22 Ultra smartphone was also showcased. The wallet was launched to “access and explore complex digital products,” such as cryptocurrencies. In addition to personal identities such as student IDs, driver's licenses and state IDs, users can also securely store digital house or car keys, credit and debit cards, boarding passes and vaccination records, according to reports. The secure payment wallet will work with the firm's own payment platform, Samsung Pay. Security is provided by Samsung's Knox Vault platform, which encrypts sensitive information and blockchain keys and isolates them from the phone's main operating system.