MetaWear: Pushing Fashion For The Metaverse

The figures above show clear proof of how valuable the fashion industry is and how much of an influence the industry is having on the world economically. While everything might look perfect in the industry, it doesn't come without its challenges. For one, the problem of cost-effectiveness and pace is one challenge textile industry professionals point to. There is also the problem of a high cost of production, which makes it difficult for smaller brands to keep in the market, and compete favourably with the big international companies. 

These problems together with the advent of Web3 and blockchain technology has led to a solution being proffered. That solution is the MetaWear brand.

MetaWear 

MetaWear is a fashion brand that is taking on the role of a playmaker in the transformation from traditional technologies to Web3 in the textile sector. This company is implementing unmatched new ideas and practices into the sector's strategic purchasing, production quality control, design, marketing and sales by supporting the industry with cutting-edge technologies. 

MetaWear in the Metaverse 

MetaWear has a goal of integrating the different parts of the textile industry that exist in the real world (Designers, Well-Known Brands, Manufacturers, Advertising and Marketing Organizations, Fairs, Stores, Fashion Shows and Shopping Centers), into the virtual world that is the Metaverse. This integration will be accompanied by all the players and elements, thanks to the brilliant digital design team at MetaWear and the ultra-realistic virtualization technologies. 

Put simply, MetaWear plans to transform the traditional textile industry into the Metaverse with its current brand design values, alternative models, best practices, recreating new brands and new collections. 

MetaWear Token Utility 

The native utility token of the MetaWear ecosystem is $WEAR. By holding, staking or carrying out transactions using $Wear, users will get certain privileges and benefits. Aside from this, 10% of the entire $WEAR supply will be put aside for use in growing the ecosystem by way of incentivizing both new and existing users. 

Designers, Design teachers and their design offices will be the major beneficiaries of this 10% that has been set aside. They will receive these funds within a few years after the launch of the platform. Once the ecosystem growth pool is exhausted, new tokens will not be issued. Some of the utilities that the $WEAR token can be used for include but do not lie to the following:

MetaWear Token Metrics 

Token Information 

Token name —  MetaWear

Ticker — WEAR

Total supply — 5,000,000,000 WEAR

Seed Sale — 200,000,000 WEAR 

Private sale 1 — 300,000,000 WEAR

Private sale 2 — 200,000,000 WEAR

Public Sale — 175,000,000 WEAR

Initial Market Cap — $155,000 

Fully diluted market cap — $25M  

Initial circulating supply — 31,000,000 WEAR (0.62%) 

IDO Token price — $0.005 

Estimated IDO date — February 2022

Estimated DEX listing date — February 2022

Blockchain Network — Binance Smart Chain

Token type —  BEP-20, Upgradeable 

Token Allocation 

Token Distribution 

Roadmap 

Q4 2021

Q1 2022

Q2 2022

Q3 2022

Q4 2022

Q1 2023

Q2 & Q3 2023 

Q4 2023 

2024 and beyond

You can follow the MetaWear community here:

Twitter — https://twitter.com/metaweartoken 

Telegram — https://t.me/+xBkTCTosHx9kOGY0