The UNDW3 (pronounced "underwater") project will provide NFT collectors with access to a "long-term collaborative community."
Farfetch, a fashion brand, revealed last week that it has started accepting cryptocurrency purchases, following in the footsteps of brands such as Gucci, Tag Heuer, and Off White. Balenciaga will start taking cryptocurrency in its physical stores and online in the United States. This is not the first time Lacoste has shown interest in the interactive virtual world; earlier, the brand collaborated with the popular game Minecraft.
Lacoste's entry into the web3 ecosystem reflects its commitment to uniting diverse communities and cultures. The program specifically aims to bring together NFTs, Lacoste fans, and pop culture enthusiasts. It is worth noting that UNDW3 is Lacoste's initial step into the web3 ecosystem.