🎯 Description
Our platform is the first phygital (physical x digital) hype product trading platform built on Cosmos with tokenomics geared towards incentivizing holders and stakers.
We offer users an original way to digitalize + monetize fashion items with the option for physical redemption combined with instant liquidity accessibility in secondary trading.
Another-1 repurposes traditional hype fashion goods thru digitalization of assets; creating tradable digital representative NFTs, in-game wearable experiences and liquid digital investment vehicles.
The pain points we’ve identified in the current market are the following;
Access to Hype fashion product
Most hype fashion goods are traded at premium prices with intentional low supply and distribution, influenced by dominating brands, as a result the average consumer has limited access.
Unbalanced Opportunity to Industry Stakeholders
The hype fashion market is dominated by a few recognized brands and celebrities, limiting opportunity/exposure for new players(manufactures, designers, brands) to enter the market.
Delivery is a Prerequisite to Ownership
In the existing marketplace, the ownership of a SVC is the delivery of physical product, which is sometimes canceled/delayed due to various logistics complexities, making it difficult for timely trading and reselling.
Lack of Transparency and Product Authenticity
Being hard to verify there is a high risk of knockoffs entering the distribution supply with traditional channels. Buyers are often required to pay a hefty collateral to compensate for higher risk of default.
📅 Launch Time (UTC)
28th September
🛠 Network
Polygon
🧩 Sector
Platform, Fashion
‼️ Sale Details
- Exchange: Enjinstarter
- Token price: $0.05
- Token type: BEP-20 $BUSD | MATIC $AN1
🔗 Social Links
Website | Twitter | Discord | Medium | Instagram
