Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Bybit Joins the Metaverse With MIRL Partnership to Boost FashionFi

Published 03/01/2022, 08:38 AM
Updated 03/01/2022, 09:00 AM
Bybit Joins the Metaverse With MIRL Partnership to Boost FashionFi

  • The MIRL Project announces a partnership with Bybit exchange.
  • Bybit’s joint step with MIRL into the metaverse will help push the FashionFi movement.
  • MIRL will organize a series of offline activations from Singapore to New York in 2022.

Decentralized fashion brand MIRL takes its ambitions further as it announces a partnership with Bybit. The team tells CoinQuora that this alliance will go a long way to fostering its goal of empowering individuals and designers globally.

The crypto exchange is now tasked with facilitating NFT innovation and the FashionFi movement which the web3 fashion non-fungible token (NFT) project is en route.

Bybit will also support MIRL with this collaboration into the metaverse to bolster the MIRL project at different forthcoming pivotal events including the Art Dubai slated for March 2022.

Bybit is keen to support the FashionFi movement. MIRL is a great partner for us because we share similar values such as ethical products like slow fashion to unify sustainability with ethics, as well as creating next level NFT and metaverse projects.” Igneus Terrenus, Head of Communications at Bybit reiterates.

Yet again, MIRL NFT holders will have access to over 6 million Bybit users. On top of this, holders will have exclusive entry into obtaining 6.88% APY on Ether (ETH) for 30 days on Bybit via Flexible Staking.

For good measure, Bybit has also purchased 1,111 of the 8,888 NFTs in the MIRL genesis collection, which will be released on March 10, 2022. As per reports, these 1,111 NFTs were hand-picked and will be delivered to Bybit’s most prestigious members and VIPs.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Joanna Lim, founder of The MIRL Project speaks on the impact of ByBit coming on board the project.

We are thankful to Bybit for giving our NFT community exclusive privileges within their platform. The idea of NFTs enjoying staking pools on centralized exchanges has never been done before, and this shows Bybit’s commitment to the MIRL community and their out-of-the-box thinking in terms of providing value to our community.

From Singapore to New York in 2022, MIRL will host a series of offline activations in the form of pop-up stores and fashion shows around the world. With this, MIRL holders and selected Bybit VIPs will have equal access to these events.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.