Ethereum (ETH) is getting a luxury upgrade from D&G, with fractional ownership of the Dolce & Gabbana $1 million “Glass Suit,” a tokenized outfit now split into attainable shards.
Being facilitated through Fermion Protocol, an RWA app on Ethereum’s Base network , this partnership aims to be the first physical, high-end goods to be owned by leveraging blockchain technology.
Dolce and Gabbana: Fractionalization Meets High Fashion
With fractionalization, high-end items like Dolce & Gabbana’s $1 million Glass Suit are being split into digital shares, letting more people buy a slice of the pie.
Boson Protocol bought the suit in 2021 and holds the physical piece and its NFT twin.
Million-Dollar Dolce & Gabbana Digital Suit Fractionalized on Ethereum L2 Base—Here’s Why
Fermion Protocol wants to fractionalize luxury goods. It’s starting with a million-dollar digital suit from Dolce & Gabbana.
Read more: https://t.co/zrRcMVM5Ip pic.twitter.com/f1PKMDJxzD— Mars Signals (@MarsSignals) February 23, 2025
If you’ve ever been to a crypto conference, you know investors like to spend fiat.
Whether it’s a Doge Lamborghini or golden Trump shoes, we never have enough.
To make the launch as successful as possible, Fermion is airdropping shards of the $1 million Glass Suit to Web3 fashion and the Fermion community members. A decentralized AI will ensure these digital fragments hit their marks.
The physical suit remains at Dolce & Gabbana’s Milan atelier, blending high-fashion reverence with a digital ownership twist.
D&G Implications for Web3 and the Broader NFT Market
The NFT bubble may have popped, but Fermion Protocol is breathing life into Web3 with a bold digital and physical luxury mix.
Turning high-ticket items like the million-dollar Glass Suit into fractional stakes is reframing exclusivity for a broader audience. Investors can own a piece of luxury history and trust blockchain to keep it legit without paying the full price of admission.
( dune.xyz )
With plans to tokenize more rare goods, Fermion’s vision extends far beyond fashion. The promise of provable authenticity and increased access could fundamentally alter how consumers and brands interact.
It’s a gamble, but one with the potential to move high-end markets into entirely new territory.
DON’T MISS: New Solana Layer-2 SOLX Is Closing in On $23M Raised
Check out token presales if you’re tired of the altcoin crab market . After President Donald Trump called for the creation of a US Reserve for so-called ‘American Crypto’, Solana has blasted into the spotlight. This is fuelling major attention for Solaxy (SOLX) as it aims to become Solana’s first Layer 2 solution.
Its presale is rapidly closing in on $30M raised, with daily contributions reaching $250,000 – suggesting it could explode over $30M as Trump’s crypto policies take hold.
Solaxy $SOLX Layer 2 ICO Hits $23M the Next Big Crypto Play? $SOLX just smashed $23 million in its ICO, and the hype is real! With Layer 2 scaling and big investor interest, could $SOLX be the next crypto rocket? 🚀 Don’t blink—this one’s moving fast! #Crypto #SOLX #MoonMission … pic.twitter.com/Q9Xz4j8jTW
— madmix 👻 (@madmixnum) February 24, 2025
$SOLX presale offers early participants a chance to join a project that combines multi-chain integration, high-performance dApp development, and a gateway to multichain DeFi.
Solaxy’s cross-chain bridge with Ethereum is another draw. This feature lets developers tap Ethereum’s liquidity while enjoying Solana’s low fees and fast speeds. Many observers see this bridge as a step toward broader adoption because it gives decentralized applications more flexibility.
Solaxy also addresses network stability by creating a more resilient structure. Solana has faced occasional outages, but Solaxy aims to reduce downtime and offer consistent performance. This focus on reliability could attract developers who want smooth user experiences.
The project’s staking app currently offers 322% APY. Community members have staked 3.48 billion SOLX tokens, reducing the supply in circulation. This activity may help keep prices steadier in the long run.
Visit SOLX Here
EXPLORE: Dust Settles Over XRP Price Crash: Best Presale to Buy in 2024?
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