🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

JR X SHIB: Shiba Inu Announces Foray Into Fashion Industry

Published 03/01/2022, 11:25 AM
Updated 03/01/2022, 11:30 AM
JR X SHIB: Shiba Inu Announces Foray Into Fashion Industry
TWTR
-
ETH/USD
-
SHIB/USD
-

  • SHIB announces partnership with upscale fashion designer John Richmond.
  • The partnership will involve 10,000 JR X SHIB NFTs; a Milan fashion show; and a collection in boutiques worldwide.
  • This news signifies another expansion by the crypto platform.

SHIB officially entered the fashion world on February 28 by announcing its partnership with fashion designer John Richmond. The crypto platform and the upscale fashion designer are partnering for a ‘cutting-edge fashion collaboration’. The announcement coincided with the last day of Italy’s Fashion Week as well as the first day of Paris’ Fashion Week.

According to the announcement, the collaboration will involve 10,000 John Richmond X SHIB NFTs; a fashion show to be conducted in Milan, Italy; and a clothing line collection to be released in boutiques worldwide.

On a tweet, Milkshake – a prominent SHIB influencer – commended the ‘partner-shib’ with John Richmond.

Powerful Fashion Statement: Launched on the final day of Italy’s fashion week, and the first day of Paris Fashion Week. This partnershib is set to push us to yet another industry with great energy, and all for the #ShibArmy. Thank you @JRichmondstyle for all the hard work.

Additionally, Milkshake followed up the tweet hours later with a surprise Twitter (NYSE:TWTR) Space that featured John Richmond himself as one of the speakers.

In other news, SHIB announced another recent expansion – in this case to the metaverse – with Shiberse. Coinquora reported that it would launch 99,000 digitized lands in its metaverse. Furthermore, 35,000 plots of land will be released at the auction’s launch. Investors will be able to purchase the lands through Ethereum payments.

Additionally, SHIB made more headlines the previous week when an ETH whale dubbed ‘Light’ bought 50 billion SHIB tokens. Specifically, Light purchased 49,998,916,299 SHIB in a single day – an estimated purchase of around $1,211,473.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.