MIRL token is in the spotlight. Its ICO is live now
The Made-In-Real-Life Club is an innovative project. It’s the first decentralized fashion brand created in the Metaverse. While other brands are also trying to use the Metaverse, most of them have forgotten the original intention of the web3 communities. However, MIRL aims to offer all the advantages that make web3 so attractive.
Most brands use eye-catching headlines, but their articles only offer the superficial manifestation of non-fungible tokens. Instead of building a community, these brands focus on using blockchain technology to distribute their products.
On the other hand, the MIRL.Club Project wants to show its users what fashion should look like in the wonderful Web3 world. Besides, the fashion industry has been somewhat overlooked by the current Defi market. But fashion is also an art, and it offers great creations. Thus, users should be able to tokenize the latter and trade or exchange them as non-fungible tokens.
The MIRL team also pointed out that while NFTs have gained their place in the Metaverse, that’s not strictly true when it comes to our physical world. The traditional fashion industry faces several substantial problems, and blockchain technology can offer solutions. NFTs can become the bridge between the virtual and real world and bring value to both.
The company plans to offer needed solutions with its project. It also created the MIRL token, launching its ICO sale on October 17, 2022. The sale will end on October 26, 2022. MIRL is an ERC20 coin. Its price is 0.022 USD per token during the initial coin offering. The team aims to raise 35,000,000 with the sale. While the MIRL’s total supply is 1,000,000,000, only 12% is available for purchase at this stage.
What is the MIRL.Club Project’s mission?
The company aims to support and curate aspiring new designers in the Metaverse. It will also enable NFT owners to showcase their art not only physically but also digitally. Moreover, the team hopes to develop a thriving Metaverse community. It will offer designers from all over the world to gather in one place and explore exciting creative ventures.
The MIRL ecosystem will prove beneficial in many ways. Its members will be able to participate in interesting group discussions and connect with industry leaders, advisors, experts, and other community members. They will have contact with people of diverse backgrounds, ranging from artists and fashion designers to blockchain and dApp developers. As a result, they will have an opportunity to get new ideas and help to kickstart their own businesses.
Besides, the company identified the main problems of the traditional fashion industry and strategized ways to solve them. In terms of trade, the traditional fashion sector is the second-largest economic activity worldwide. But significant environmental damage hinders its development. The exploitation of emerging designers isn’t helping matters, as well.
The fashion industry uses approximately 93 billion cubic meters of water, along with half a million tons of microfiber annually – the United Nations Conference on Trade and Development reported. Furthermore, only in 2019 the industry was responsible for more carbon emissions than all international maritime shipping and flights combined.
Unfortunately, most consumers constantly strive to replenish their wardrobes with new clothing at affordable prices. Experts call that phenomenon “fast fashion.” Some companies tried to normalize “fast fashion,” but that has only led to gross overproduction of clothing and various apparel. The fabrics manufacture products in excess instead of meeting demand.
What are the other problems?
The fashion industry is one of the most competitive in the market. Beginner designers often face enormous obstacles. They are forced to compete with their already established competitors, which isn’t an easy task. Moreover, such creators often lack initial capital investment to open a studio or store and produce their own collections. Distribution can also be challenging.
While celebrity endorsements are very effective, they require substantial networking and capital. Social media marketing also needs much time and dedication, which often leads to cutting time for the actual design process. And sometimes, bigger brands exploit new bright talents without offering them adequate compensation.
Lack of transparency is another big problem in the fashion industry. Its internal mechanisms are very opaque. The Business of Fashion’s recent report showed that fashion brands offer only limited data regarding business models and supply chains, and it’s often of dubious quality. Due to the lack of transparency, deciphering the companies’ operations is very challenging. As a result, they have more leeway to abuse human rights or hide the true amount of carbon emissions.
MIRL wants to prevent such actions while simultaneously helping beginner designers. The company aims to help the industry develop in a transparent and safe way without damaging our planet and hindering real talents. The MIRL team offers to try a novel approach to “slow” fashion.
What about the Vemate platform?
Vemate is another promising project that got a high ranking on various platforms. Its team consists of accomplished professionals in the fields of Finance, Economics, Blockchain, IT Development, Marketing, Machine Learning, NFT development, and Big Data Analysis. The company aims to enable any user to enter the Defi market.
Vemate launched its native utility token, VMT, on October 4, 2022. The sale will end on October 26, 2022. VMT is an BEP-20 token. It’s trading for 0.022 USD per coin during the initial coin offering. The total supply of tokens is 150,000,000, but only 35,49% is available for purchase at this stage. The company aims to raise 38,235,000 with the sale.
The team wants to enable users to learn how to navigate the world of NFTs. However, this process isn’t always easy and straightforward. Thus, the company will strive the simplify it for the customers. Thanks to this platform, users won’t need to memorize complex procedures or new terminology. The Vemate will guide them through every step of the process.
The team members are professionals with entrepreneurial and various institutional backgrounds and aim to provide their users with the best possible product. The Vemate platform will offer secure and technically advanced applications and quality services. The company has the ambition to create better, faster, and more efficient products than anybody else on the market.