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Singapore's Altava announces partnership with Metaverse World

20 Dec '22
2 min read
Pic: Globenewswire/Altava
Pic: Globenewswire/Altava

Singapore’s Altava, a luxury fashion metaverse that brings household brands into Web 3.0, has announced its official partnership with Metaverse World, a subsidiary of Netmarble F&C. Metaverse World’s ecosystem aims to grow into a digital content platform in the Web 3.0 era that links the value of reality on its own mainnet.

Metaverse World is a blockchain infrastructure designed to popularise the Web 3.0 era, providing a platform and infrastructure that continues to evolve to build trust-based scalable, cost-effective, and easy-to-use applications. Altava will allocate 1,000 BAGC characters to Metaverse World and will develop the Altava x BAGC golf experience in their metaverse. In addition, BAGC costumes will be provided when BAGC NFTs are purchased on Metaverse World's platform. For its version of BAGC NFTs, Metaverse World will offer unique utilities, and Altava will be able to create virtual spaces there for upcoming projects.

BAGC NFTs are a derivative of BAYC’s (Bored Ape Yacht Club) IP. One of the most unique utilities built into the BAGC NFT is the ability for the owners to exclusively order golf-themed merchandise with the logo of the specific BAGC NFT IP they own. These products include anything from visors to suits to footwear to golf clubs and even golf balls. 

Fibre2Fashion News Desk (GK)

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