Web3 fashion start-up DE Star completed $700000 seed round financing
It is reported that DE Star, a Web3 fashion start-up, announced the completion of $700000 seed round financing. The company mainly uses NFT, blockchain certification and AIGC technology to promote the decentralization of fashion design, production, distribution and ownership. At present, it has launched a DAO composed of artists, designers, fashion lovers and brands. （Globe Newswire）
Interpretation of this information:
DE Star is a Web3 fashion start-up that recently announced the completion of $700000 seed round financing. This start-up focuses on the decentralization of fashion design, production, distribution, and ownership through the use of blockchain technology, AIGC, and NFT. The company’s approach is innovative, and decentralization could pave the way for a more sustainable and inclusive fashion industry.
DE Star’s use of blockchain certification ensures that every piece produced is genuine, with ownership and authorship clearly stated. NFTs could give designers the flexibility to collaborate with each other in new and exciting ways, regardless of location or language barriers. By using crypto wallets, customers can have transparent access to all proof of ownership and trade.
Additionally, DE Star has launched a DAO consisting of artists, designers, fashion lovers, and brands. The primary function of the DAO is to provide a platform for participants to engage in open discussions about trends and upcoming designs, thus promoting community participation in the development of the brand. DE Star appears to be on the right track in creating an inclusive and collaborative community that forgives some of the shortcomings of contemporary fashion design and production models.
The three main takeaways from the message are blockchain certification, NFTs, and DAOs. Blockchain certification is a type of distributed ledger that stores information about the piece’s provenance, authorship, and ownership, providing authenticity in the fashion industry. NFTs, or non-fungible tokens, provide designers with revolutionary and limitless capabilities to collaborate and interact with each other through virtual love collaborations. Finally, DAOs will empower communities to participate in fashion design and production, fostering a more equitable and inclusive fashion industry. As such, DE Star has tapped into some of the most important technological trends of our time to revolutionize the fashion industry.
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