Fermion Protocol, built on real-world assets or RWA applications Ethereum Layer 2 Network baseIt has launched its service by fractionating the Dolce & Gabbana digital suit, which was purchased for $1 million.
Glass suits are part of Italian fashion brands Collezione genesiIt was originally I won at auction By Boson Protocol in 2021. The auction was for both the digital rendition, and for the physical suits that fashion house took eight months to create. It has been tokenized as an Ethereum NFT. Boson’s founder Justin Bannon is also behind Fermion.
Currently incorporated into the Boson Metasystem, Banon and his new protocols focus on luxury goods, focusing on fractionalization and tokenization of physical real-world assets.
Fractionation is the process of acquiring a digital asset and splitting it into many shares or shards, allowing the ownership of a larger group of collectors to be split.
“With 2% of customers currently driving 45% of luxury sales, we need to restructure our broader connections with our luxury audience,” Bannon said in a statement. “People who are seeking a luxury consumption rise while providing immediate verification of the source of vintage pieces by checking digital credentials on distributed networks, as luxury consumers report reduced exclusivity We present a new model to
To celebrate the launch, Fermion Protocol is broadcasting fragments of glass suits via a series of activations, up to “Fermion, Boson and the Web3 fashion community.” Decryption. The protocol uses a decentralized AI commerce agent that acts as an instance of litigation to complete the drop.
The physical glass suit is currently under the control of Dolce & Gabbana at the Alta Moda Atelier in Milan, Italy.
The Boson Protocol provides a decentralized infrastructure for tokenizing real assets. That Ethereum-based token – Boson – fell nearly 10% last week to $0.155, over 97%, surpassing the 2021 record high of $5.36
Fermion Protocol is planning to launch its own token in the third quarter of 2025.
Edited by Andrew Hayward
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