Genies announced the launch of 'Genies Studio,' a dedicated mobile application for fashion creation in the metaverse. This application allows users to create their own metaverse avatars through a wide range of digital fashion tools. This includes the ability to design each article of clothing for a specific avatar, including the color, texture, style, and pattern of each item.
The Genies Studio application will also allow for marketability, allowing users to trade articles of clothing that they have created, or purchase items directly from Genies. However, items can still be created from scratch without needing to purchase a prebuilt item.
While Genies Studio will validate items through the blockchain, Genies stated that it is aware of the public backlash toward NFTs and "tech bros." The company responded to this by stating that: "They’ve been used in completely wrong ways. NFTs are how we can ensure that creators get paid and recognized for their original designs," when speaking about NFTs. This shows a great deal of self-awareness and pointedness from Genies that is sure to resonate with fans, as the company aims to redefine a portion of the public image surrounding the purpose of NFTs.
Metaverse Fashion Creators
Genies Announced the 'Genies Studio' Fashion Creator for Users
Trend Themes
1. Metaverse Fashion Creation - The ability to create digital fashion items for avatars in the metaverse presents opportunities for new marketplaces and experiences.
2. Blockchain Validation - Blockchain validation and NFTs can be utilized to ensure the originality of digital fashion items and provide a way for creators to be recognized and compensated.
3. Peer-to-peer Trading - The ability for users to trade their created digital fashion items creates opportunities for a new peer-to-peer marketplace for unique items.
Industry Implications
1. Fashion Industry - Fashion industry professionals can utilize metaverse fashion creation tools to explore new creative opportunities and expand their businesses into the digital realm.
2. Blockchain Industry - Blockchain industry professionals can explore the potential of utilizing blockchain and NFTs for validating and trading digital fashion items.
3. Gaming Industry - Gaming industry professionals can incorporate metaverse fashion creation tools and peer-to-peer trading features into their games to enhance user experiences and create new revenue streams.