Holders of C-01 NFT were able to claim their free C-02 before the May 3 reveal day, and now, holders of both C-01 and C-02 can take part in the $C01 staking.
C-01 NFT holders were given a chance to claim their free C-02 NFTs before the new collection was revealed on May 3. Coinciding with the C-02 NFTs going live is the start of the $C01 staking for holders of both NFTs.
The C-01 NFT project is a collection of 8,888 NFTs. According to its website, the collection represents the “synergy between the world of fashion and digital ownership.” The brains and brawns behind the NFTs are talented and expert designers and developers who have been in the industry for years.
The main men steering the ship are renowned Warner Bros. designer Gilberto Zaragoza and French fashion designer Luis Monteiro. He has worked and provided his craftsmanship to world-renowned brands such as Chanel, Yves Saint Laurent, and Chloé.
The goal of the C-01 NFT project is to “merge the fashion industry with digital collectibles pioneering the evolution of fashion in the metaverse.”
The C-02 Reveal and Simultaneous Staking
Whereas the C-01 NFT project mainly featured females, the C-02 NFTs mostly featured males in their counterparts’ same digital clothing styles. The male collection dropped on April 18, with lead designer Zaragoza taking charge.
C-01 holders received one free mint per NFT stored in their wallets to fire up interest for the release. So, if a holder has five C-01s in his wallet, he could mint five C-02s for free. However, the free mint was randomly distributed, and users were given 14 days, maximum, to claim their C-02 allocation.
Simultaneous with the reveal of the C-02 collection is the start of the $C01 staking. According to C-01’s Twitter posts, they are bringing the NFT soft staking to its ecosystem, where users can get a daily $C01 reward by staking their C-01 and C-02.
To those unfamiliar with the term, staking is the process in which users lock up their NFT holdings to earn interest or obtain rewards.
Users can claim their $C01 tokens once the C-01 marketplace goes live.
The C-01 Marketplace
The marketplace, which will be available soon, will act “as a dashboard where you will be able to interact with our whole ecosystem of brands and fashion designers,” says the website. “We will provide exclusive drops and more clothing accessories every month. You will also be owning a digital closet where you will be able to access your inventory.”
So, holders of the NFT can connect it to the marketplace, and from there, they can change the attributes, like clothes and accessories, of the NFTs.
However, the C-02 NFT project and marketplace are not the only major stuff the C-01 project is gearing up for. According to one of their tweets, they have decided to create their own high-end clothing line and not just collaborate with brands. This move is to help the company become a full-fledged fashion brand, merging both physical and virtual worlds.
C-01 will also start publishing a fashion magazine focusing on the fashion industry in the Metaverse. The magazine will help the company gain credibility in its sector and provide relevant and valuable information to outside investors.
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