What is DIGITALAX | What is MONA token
DIGITALAX at its core is a Digital-Only Fashion NFT Auction Exchange platform. However, we are geared as a wider open source digital fashion tool stack and introducing novel concepts and products around the digital fashion supply chain, native-digital fashion fair pricing frameworks, NFT staking and NFT + Stable coin Stability Collateral Wrappers.
Composable, Optimised, Decentralised, Open Source, Programmable, Interoperable Digital Fashion Supply Chain for all gaming, VR, metaverses.
DIGITALAX is the first digital fashion NFT engine built on the Ethereum network. We are positioning as the digital fashion NFT house for all gaming, VR and metaverses.
We are bringing new industry standards around digital goods, Open Digital Licenses, digital supply chain automation and addressing core problems around NFT liquidity and stability.
Our vision is driven across multiple core vertices;
- Digital Fashion Rarity and Exclusivity: Programmable Scarcity.
- Decentralised Digital Fashion Supply Chain: Creating Digital Material, Pattern, Texture Libraries.
- Native Digital-Fashion Pricing Frameworks: The DOF Sheet.
- Designer and Developer Collaboration Channels.
- Stable NFT Wrappers.
- Synthetic NFT Contracts.
Digital fashion is still a relatively new market segment, but at its full potential it is going to open up a whole new world for designers, developers and consumers. The concept of 3D immersive virtual stores filled with the latest collection of digital garments will allow shoppers to virtually try on the clothes, feel the texture of the materials and fabrics and engage with hyper personalised sizes that are unique and custom fit. These stores will also allow for new digital retail and shopping experiences that are finely attuned in enabling shoppers to be able to fully interact with the messaging and feel of the brand i.e. a swimsuit collection displayed on a virtual beach in Hawaii.
Further, with digital only, designers are no longer limited by physical principles— being able to build fashion, digital experiences that are ready couture, fully capture creative genius and contain completely new sets of materials, colours and textures. Native digital fashion will be vital in creating and building more realistic metaverses where brands and designers can distribute their fashion to an entirely new customer base of players and interactors through new business models like merchandising for digitally-in-game performed concerts or shows. Amongst this, secondary peer-2-peer digital fashion marketplaces will emerge, allowing these garments to be bought and sold into different outfits that are fully interoperable and real time motion responsive across different virtual environments and virtual worlds.
These new digital economies have the potential to unlock billions, if not trillions, of dollars worth of new value. We are super excited to work in this space and build tools and technologies that support designers and developers.
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