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07/29/2022

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First Blockchain-Backed Clothing Launches on Cardano

The post First Blockchain-Backed Clothing Launches on Cardano appeared on BitcoinEthereumNews.com. – Advertisement – A new clothing line, Origin Thread, has leveraged Cardano to launch blockchain-backed clothing.  According to Origin Thread, people who purchase the clothes, Bagru/Shirt/01 (name of...

First Blockchain-Backed Clothing Launches on Cardano

– Advertisement –

A new clothing line, Origin Thread, has leveraged Cardano to launch blockchain-backed clothing. 

According to Origin Thread, people who purchase the clothes, Bagru/Shirt/01 (name of shirt), can scan the UFC tag on the shirt to watch a video of how it was produced. 

The rationale behind the concept is to ensure that customers get quality and authentic cloth from the manufacturers. 

“Cardano’s first blockchain-backed clothing. Scan the NFC tag on your shirt and view a video of its creation and fully transparent, on-chain sourcing information. The future of clothing is on sale now,” Origin Thread said in an announcement today. 

Cardano’s first blockchain backed clothing.

Scan the NFC tag on your shirt and view a video of its creation and fully transparent, on-chain sourcing information.

The future of clothing is on sale now.https://t.co/8XzmNvWGhQ#cardano #nft #sustainableFashion pic.twitter.com/iLYnCmhk25

— OriginThread (@OriginThread) July 27, 2022

Details of the Shirt

The Origin Thread shirt is made with 100% organic cotton. The price for each shirt goes for $200, and customers can have the item delivered to them worldwide at zero cost. 

According to information about the Bagru/Shirt/01, the cloth will be sewn in England and hand printed using a traditional craft process in India. 

Origin Thread will produce only 60 units of the shirt. Out of the 60 shirts, 35 are reserved for ORIGIN token holders, while the remaining 25 will be made available to the public. 

The Bagru shirt sales for ORIGIN token holders started on July 15, 2022, while the public sale commenced on July 18, 2022.  

The price of the shirt may be considered expensive for many people. However, the shirt comes with its own unique peck – granting buyers access to owning a non-fungible token.  

“The NFT is accessed by scanning the combined QR code and NFC tag identifier,” Origin Threads noted. 

How to Buy the Cloth

Customers will be required to make payment for the shirt in ADA via the NFT-MKR payment gateway. After paying for the shirt, the user will have to verify ownership of the cloth by inputting the wallet address used to transfer the fund. 

You will be required to verify the ownership of your wallet by sending a small amount of funds to your address as demanded by Origin Thread. 

Once the transaction is confirmed, you will have to select the shirt you wish to claim and enter your delivery information and size. 

Confirm your order, and Origin Thread will start production of your shirt, and it will be delivered to you once production is complete. The shirts will be shipped to customers in the last week of August. 

The development further showcases the prowess of the Cardano network.

– Advertisement –

Source: https://thecryptobasic.com/2022/07/28/first-blockchain-backed-clothing-launches-on-cardano/?utm_source=rss&utm_medium=rss&utm_campaign=first-blockchain-backed-clothing-launches-on-cardano

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