Popular crypto exchange OKX has been fined $1.16 million (€1.054 million) in Malta for breaching certain anti-money laundering regulations. This development follows a string of operational and regulatory controversies surrounding the Seychelles-based exchange. OKX Penalized For Failed 2023 Compliance Test In a recent report by Bloomberg, the Maltese Financial Intelligence Analysis Unit (FIAU) imposed a million-dollar fine on OKX Europe Limited after results of a 2023 compliance test revealed several failures in the exchange’s anti-money laundering system. According to a statement by FIAU, the OKX subsidiary conducted a Business Risk Assessment (BRA) to identify potential threats and vulnerabilities its operation faces. However, the Maltese regulator discovered multiple deficiencies in the BRA programming which altered responses to perceived risks of money laundering (ML) and financing terrorism (FT). One of these deficiencies included OKX’s failure to evaluate all ML/FT risks associated with its product offerings. While the exchange was not required to assess the criminal tendencies of each coin on its platform, it was required to classify these tokens and examine the ML/FT risks of specific types of coins and product features.In addition to the BRA results, FIAU also uncovered other deficiencies in OKX’s operations including its Customer Risk Assessment (CRA) which evaluated the ML/FT risks associated with customers both as individuals and legal entities. The Maltese regulator discovered that OKX had failed to conduct a CRA before onboarding about half of its customer base. A statement read: Moreover, the Company was found to have failed to carry out a CRA upon establishing a business relationship for around 50% of the customer files reviewed as part of the compliance examination. Despite the Company’s submissions that a CRA was conducted at onboarding for these customers, the evidence collected indicates that such clients had deposited thousands of dollars before a CRA was completed, with such assessment being conducted several months following onboarding. Following these violations, FIAU has handed down an administrative fine of €1.054 million to OKX alongside other directives. However, the Maltese authority notes that OKX has significantly enhanced its regulatory and operational compliance over the past 18 months with significant improvements to its “BRA and CRA methodologies, customer profiling processes, and transaction monitoring framework.” OKX Woes Persist Aside from its recent debacle in Malta, OKX has made headlines on alleged regulatory and operational incompetence. In February, OKX was issued a massive fine of $504 million by US authorities for processing over $1 million in unlicensed US transactions.In March, Bloomberg reported that European authorities were reportedly examining the Seychelles-based exchange over the use of its platform in laundering some proceeds ($100 million) of the $1.5 billion Bybit hack. OKX refuted all claims of its participation in this crime stating its commitment to help Bybit by blocking the hackers from its trading platforms or wallet services.
Social virtual world Decentraland will host its flagship virtual event Metaverse Fashion Week (MVFW) this month, showcasing runways, panels, and showrooms, with the insiders arguing that “digital fashion can reflect—and reshape—our world.” MVFW 2025 will start on 9 April and will last until 12 April, hosting more than 47 global designers and brands. The theme is ‘Infinite Identities.’ According to the press release, the event will happen on Decentraland 2.0, the platform’s redesigned desktop client. The team has made improvements to offer boosted visuals, interactivity, and accessibility. Therefore, it allows an immersive environment for both the creators and the attendees. Moreover, MVFW will showcase 16 interactive designer showrooms that explore “the interplay between fashion, technology, and cultural narrative,” the announcement says. The showrooms are divided into two thematic zones. One is ‘Augmented Self,’ focusing on novel uses of AI, AR, and digital-physical fashion. The attendees will be able to see pieces by Digital Drip , FFFACE.ME, Another-1 X Templa , and Chipped . The other theme is Storied Self, focused on “fashion as cultural storytelling.” It includes adaptive fashion for prosthetics by Ukraine’s SVD Denim , mycelium-inspired digital wearables from Amsterdam’s GLTCH Atelier , and digital storytelling from Puerto Rico’s Spatialgineers Collective . Born in the 90s, worn in the future The Cyberdog runway rehearsal was intergalactic, neon and left some jaws on the floor. This is just a teaser… the real show will be pic.twitter.com/LTznhxbVdU — Decentraland (@decentraland) April 3, 2025 Meanwhile, Decentraland says there is a $15,000 prize pool, while winning entries will debut on a dedicated runway. You might also like From Gucci to Nike: How Top Brands are Redefining Fashion in the Metaverse Digital Self-Expression The fashion event will include runways, showrooms, installations, and panels. The press release says that the MVFW 2025 attendees will benefit from “creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion.” Step inside the world of @matchzimmerman at Metaverse Fashion Week for a space where art, fashion, and tech collide in unexpected ways. Hint: When you see the lil birdie sketch, you'll know you've arrived at the showroom pic.twitter.com/gbvTnRS140 — Decentraland (@decentraland) April 3, 2025 Furthermore, installations will explore the themes of identity, technology, and culture, as well as the merger of the three. One of these is Entangled Q by Cansy . The team describes it as a quantum-inspired art installation with avatars that dynamically morph and explore fluid identities. Another one is OFF-WORLD Galactic Expansion by The Immersive KIND , a futuristic display combining “AI-generated beauty, robotics couture, and interstellar aesthetics.” Additionally, the event will feature a series of panels that will include industry insiders from Harper’s BAZAAR Australia , Parsons School of Design , Ready Player Me , Institut Français de la Mode , Boy’s Club , and more. The panelists will discuss a number of themes. Per the press release, these include digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments, and the intersection of physical and virtual retail. Never enough puffers in the backpack Snag this @dapp_craft exclusive during Metaverse Fashion Week, April 9 – 12 pic.twitter.com/qRIKQo5hYP — Decentraland (@decentraland) April 3, 2025 “This year’s Metaverse Fashion Week comes at a critical moment for fashion and our society at large; one marked by rethinking priorities, authenticity, and connection,” says Bay Backner, Head Producer of MVFW. Backner argues that digital fashion can “elevate unheard voices, ask important questions, and spark real cultural change. In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create, and truly be themselves.” You might also like Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project The post Designers Enter Decentraland for Metaverse Fashion Week 2025 appeared first on Cryptonews .
London, UK, April 2nd, 2025, Chainwire Decentraland’s flagship virtual event returns April 9–12, showcasing digital fashion as a new canvas for storytelling, activism, and global identity. Metaverse Fashion Week (MVFW) returns to Decentraland from April 9–12, amid a shifting fashion landscape characterized by declining traditional luxury sales and evolving consumer preferences. MVFW 2025 highlights digital fashion’s growing relevance as a meaningful response to these industry transformations. Under this year’s theme, “Infinite Identities,” more than 47 global designers and brands leverage digital mediums to challenge creative boundaries and articulate nuanced cultural identities. Hosted on Decentraland 2.0 , the platform’s newly redesigned desktop client offers improved visuals, greater interactivity, and better accessibility. These enhancements, developed during the event’s hiatus, provide an immersive and engaging environment for attendees and creators alike. “This year’s Metaverse Fashion Week comes at a critical moment for fashion and our society at large; one marked by rethinking priorities, authenticity, and connection,” says Bay Backner, Head Producer of MVFW. “I’ve had the privilege of working closely with every designer and brand taking part, and I’ve seen how digital fashion can elevate unheard voices, ask important questions, and spark real cultural change. In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create, and truly be themselves. MVFW 2025 channels that energy into a live moment for fashion’s next breakout names and creative economies.” Runways: Fashion as Cultural Dialogue Runways have always been the cornerstone of fashion weeks worldwide, but MVFW 2025 reimagines this classic format through immersive, collaborative, and interactive experiences. Attendees can anticipate creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion. Cyberdog: London’s iconic brand brings its neon-infused, rave-culture aesthetic into the virtual realm, blending futuristic fashion with underground electronic subcultures. Free The Youth: Ghanaian collective Free The Youth highlights African streetwear and creativity, celebrating bold, culturally driven designs that bridge physical and virtual worlds. The Banners We Wear: Decentraland’s inaugural MVFW Prize unveils deeply personal collections from emerging designers. With a $15,000 prize pool, this unique competition challenged designers globally to create digital wearables that convey powerful messages about identity, activism, and resilience. Winning entries will debut on a dedicated runway, spotlighting urgent social narratives and elevating voices often marginalized in mainstream fashion. Interactive Designer Showrooms: Digital Fashion as Storytelling At the heart of MVFW 2025 are 16 interactive designer showrooms, each exploring the interplay between fashion, technology, and cultural narrative. These showrooms are divided into two thematic zones, Augmented Self and Storied Self , offering distinct yet complementary perspectives on digital self-expression. Augmented Self: This zone highlights innovative uses of AI, AR, and digital-physical (“phygital”) fashion. Showrooms include AI-driven styling by Digital Drip, AR-enhanced virtual fashion by FFFACE.ME, NFT-powered wearable collaborations from Another-1 X Templa, and microchip manicure technology from Chipped. Storied Self: Dedicated to fashion as cultural storytelling, this zone spotlights global narratives and identity-driven collections. Key highlights include adaptive fashion for prosthetics by Ukraine’s SVD Denim, mycelium-inspired digital wearables from Amsterdam’s GLTCH Atelier, and culturally resonant digital storytelling from Puerto Rico’s Spatialgineers Collective. Immersive Experiences & Insightful Conversations Beyond runways and showrooms, MVFW 2025 invites attendees to experience transformative fashion installations and conversations exploring identity, technology, and culture: “Entangled Q” by Cansy: A quantum-inspired art installation featuring avatars that dynamically morph, exploring fluid identities. “OFF-WORLD Galactic Expansion” by The Immersive KIND: A futuristic display merging AI-generated beauty, robotics couture, and interstellar aesthetics. A curated series of panels will dive deeper into key conversations, covering the evolving role of avatars in digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments, and the intersection of physical and virtual retail. Panelists include industry leaders from Harper’s BAZAAR Australia, Parsons School of Design, Ready Player Me, Institut Français de la Mode, Boy’s Club, and more. Metaverse Fashion Week 2025 taps into a growing appetite for fashion that has meaning beyond trends, signaling a shift toward stories that matter and identities that resonate globally. As digital spaces become essential platforms for expression, Decentraland opens new possibilities for creators and communities to craft a freer, more inclusive vision of fashion. With immersive runways, interactive storytelling, and conversations that challenge the status quo, MVFW 2025 invites everyone to experience how digital fashion can reflect—and reshape—our world. To learn more and get ready for MVFW 2025, users can visit mvfw.org and download the latest client. About Decentraland: Decentraland is the first decentralized, community-driven social virtual world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. Contact Ana Lezama press@decentraland.org
London, UK, April 2nd, 2025, Chainwire Decentraland’s flagship virtual event returns April 9–12, showcasing digital fashion as a new canvas for storytelling, activism, and global identity. Metaverse Fashion Week (MVFW) returns to Decentraland from April 9–12, amid a shifting fashion landscape characterized by declining traditional luxury sales and evolving consumer preferences. MVFW 2025 highlights digital fashion’s growing relevance as a meaningful response to these industry transformations. Under this year’s theme, “Infinite Identities,” more than 47 global designers and brands leverage digital mediums to challenge creative boundaries and articulate nuanced cultural identities. Hosted on Decentraland 2.0 , the platform’s newly redesigned desktop client offers improved visuals, greater interactivity, and better accessibility. These enhancements, developed during the event’s hiatus, provide an immersive and engaging environment for attendees and creators alike. “This year’s Metaverse Fashion Week comes at a critical moment for fashion and our society at large; one marked by rethinking priorities, authenticity, and connection,” says Bay Backner, Head Producer of MVFW. “I’ve had the privilege of working closely with every designer and brand taking part, and I’ve seen how digital fashion can elevate unheard voices, ask important questions, and spark real cultural change. In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create, and truly be themselves. MVFW 2025 channels that energy into a live moment for fashion’s next breakout names and creative economies.” Runways: Fashion as Cultural Dialogue Runways have always been the cornerstone of fashion weeks worldwide, but MVFW 2025 reimagines this classic format through immersive, collaborative, and interactive experiences. Attendees can anticipate creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion. Cyberdog: London’s iconic brand brings its neon-infused, rave-culture aesthetic into the virtual realm, blending futuristic fashion with underground electronic subcultures. Free The Youth: Ghanaian collective Free The Youth highlights African streetwear and creativity, celebrating bold, culturally driven designs that bridge physical and virtual worlds. The Banners We Wear: Decentraland’s inaugural MVFW Prize unveils deeply personal collections from emerging designers. With a $15,000 prize pool, this unique competition challenged designers globally to create digital wearables that convey powerful messages about identity, activism, and resilience. Winning entries will debut on a dedicated runway, spotlighting urgent social narratives and elevating voices often marginalized in mainstream fashion. Interactive Designer Showrooms: Digital Fashion as Storytelling At the heart of MVFW 2025 are 16 interactive designer showrooms, each exploring the interplay between fashion, technology, and cultural narrative. These showrooms are divided into two thematic zones, Augmented Self and Storied Self , offering distinct yet complementary perspectives on digital self-expression. Augmented Self: This zone highlights innovative uses of AI, AR, and digital-physical (“phygital”) fashion. Showrooms include AI-driven styling by Digital Drip, AR-enhanced virtual fashion by FFFACE.ME, NFT-powered wearable collaborations from Another-1 X Templa, and microchip manicure technology from Chipped. Storied Self: Dedicated to fashion as cultural storytelling, this zone spotlights global narratives and identity-driven collections. Key highlights include adaptive fashion for prosthetics by Ukraine’s SVD Denim, mycelium-inspired digital wearables from Amsterdam’s GLTCH Atelier, and culturally resonant digital storytelling from Puerto Rico’s Spatialgineers Collective. Immersive Experiences & Insightful Conversations Beyond runways and showrooms, MVFW 2025 invites attendees to experience transformative fashion installations and conversations exploring identity, technology, and culture: “Entangled Q” by Cansy: A quantum-inspired art installation featuring avatars that dynamically morph, exploring fluid identities. “OFF-WORLD Galactic Expansion” by The Immersive KIND: A futuristic display merging AI-generated beauty, robotics couture, and interstellar aesthetics. A curated series of panels will dive deeper into key conversations, covering the evolving role of avatars in digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments, and the intersection of physical and virtual retail. Panelists include industry leaders from Harper’s BAZAAR Australia, Parsons School of Design, Ready Player Me, Institut Français de la Mode, Boy’s Club, and more. Metaverse Fashion Week 2025 taps into a growing appetite for fashion that has meaning beyond trends, signaling a shift toward stories that matter and identities that resonate globally. As digital spaces become essential platforms for expression, Decentraland opens new possibilities for creators and communities to craft a freer, more inclusive vision of fashion. With immersive runways, interactive storytelling, and conversations that challenge the status quo, MVFW 2025 invites everyone to experience how digital fashion can reflect—and reshape—our world. To learn more and get ready for MVFW 2025, users can visit mvfw.org and download the latest client. About Decentraland: Decentraland is the first decentralized, community-driven social virtual world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. Contact Ana Lezama press@decentraland.org
London, UK, April 2nd, 2025, Chainwire Decentraland’s flagship virtual event returns April 9–12, showcasing digital fashion as a new canvas for storytelling, activism, and global identity. Metaverse Fashion Week (MVFW) returns to Decentraland from April 9–12, amid a shifting fashion landscape characterized by declining traditional luxury sales and evolving consumer preferences. MVFW 2025 highlights digital fashion’s growing relevance as a meaningful response to these industry transformations. Under this year’s theme, “Infinite Identities,” more than 47 global designers and brands leverage digital mediums to challenge creative boundaries and articulate nuanced cultural identities. Hosted on Decentraland 2.0 , the platform’s newly redesigned desktop client offers improved visuals, greater interactivity, and better accessibility. These enhancements, developed during the event’s hiatus, provide an immersive and engaging environment for attendees and creators alike. “This year’s Metaverse Fashion Week comes at a critical moment for fashion and our society at large; one marked by rethinking priorities, authenticity, and connection,” says Bay Backner, Head Producer of MVFW. “I’ve had the privilege of working closely with every designer and brand taking part, and I’ve seen how digital fashion can elevate unheard voices, ask important questions, and spark real cultural change. In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create, and truly be themselves. MVFW 2025 channels that energy into a live moment for fashion’s next breakout names and creative economies.” Runways: Fashion as Cultural Dialogue Runways have always been the cornerstone of fashion weeks worldwide, but MVFW 2025 reimagines this classic format through immersive, collaborative, and interactive experiences. Attendees can anticipate creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion. Cyberdog: London’s iconic brand brings its neon-infused, rave-culture aesthetic into the virtual realm, blending futuristic fashion with underground electronic subcultures. Free The Youth: Ghanaian collective Free The Youth highlights African streetwear and creativity, celebrating bold, culturally driven designs that bridge physical and virtual worlds. The Banners We Wear: Decentraland’s inaugural MVFW Prize unveils deeply personal collections from emerging designers. With a $15,000 prize pool, this unique competition challenged designers globally to create digital wearables that convey powerful messages about identity, activism, and resilience. Winning entries will debut on a dedicated runway, spotlighting urgent social narratives and elevating voices often marginalized in mainstream fashion. Interactive Designer Showrooms: Digital Fashion as Storytelling At the heart of MVFW 2025 are 16 interactive designer showrooms, each exploring the interplay between fashion, technology, and cultural narrative. These showrooms are divided into two thematic zones, Augmented Self and Storied Self , offering distinct yet complementary perspectives on digital self-expression. Augmented Self: This zone highlights innovative uses of AI, AR, and digital-physical (“phygital”) fashion. Showrooms include AI-driven styling by Digital Drip, AR-enhanced virtual fashion by FFFACE.ME, NFT-powered wearable collaborations from Another-1 X Templa, and microchip manicure technology from Chipped. Storied Self: Dedicated to fashion as cultural storytelling, this zone spotlights global narratives and identity-driven collections. Key highlights include adaptive fashion for prosthetics by Ukraine’s SVD Denim, mycelium-inspired digital wearables from Amsterdam’s GLTCH Atelier, and culturally resonant digital storytelling from Puerto Rico’s Spatialgineers Collective. Immersive Experiences & Insightful Conversations Beyond runways and showrooms, MVFW 2025 invites attendees to experience transformative fashion installations and conversations exploring identity, technology, and culture: “Entangled Q” by Cansy: A quantum-inspired art installation featuring avatars that dynamically morph, exploring fluid identities. “OFF-WORLD Galactic Expansion” by The Immersive KIND: A futuristic display merging AI-generated beauty, robotics couture, and interstellar aesthetics. A curated series of panels will dive deeper into key conversations, covering the evolving role of avatars in digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments, and the intersection of physical and virtual retail. Panelists include industry leaders from Harper’s BAZAAR Australia, Parsons School of Design, Ready Player Me, Institut Français de la Mode, Boy’s Club, and more. Metaverse Fashion Week 2025 taps into a growing appetite for fashion that has meaning beyond trends, signaling a shift toward stories that matter and identities that resonate globally. As digital spaces become essential platforms for expression, Decentraland opens new possibilities for creators and communities to craft a freer, more inclusive vision of fashion. With immersive runways, interactive storytelling, and conversations that challenge the status quo, MVFW 2025 invites everyone to experience how digital fashion can reflect—and reshape—our world. To learn more and get ready for MVFW 2025, users can visit mvfw.org and download the latest client. About Decentraland: Decentraland is the first decentralized, community-driven social virtual world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. Contact Ana Lezama press@decentraland.org
April 2, 2025 – London, United Kingdom Decentraland’s flagship virtual event returns April 9–12, 2025, showcasing digital fashion as a new canvas for storytelling, activism and global identity. MVFW ( Metaverse Fashion Week ) returns to Decentraland from April 9–12, amid a shifting fashion landscape characterized by declining traditional luxury sales and evolving consumer preferences. MVFW 2025 highlights digital fashion’s growing relevance as a meaningful response to these industry transformations. Under this year’s theme, ‘Infinite Identities,’ more than 47 global designers and brands leverage digital mediums to challenge creative boundaries and articulate nuanced cultural identities. Hosted on Decentraland 2.0 , the platform’s newly redesigned desktop client offers improved visuals, greater interactivity and better accessibility. These enhancements, developed during the event’s hiatus, provide an immersive and engaging environment for attendees and creators alike. Bay Backner, head producer of MVFW, said, “This year’s [MVFW] comes at a critical moment for fashion and our society at large – one marked by rethinking priorities, authenticity and connection. “I’ve had the privilege of working closely with every designer and brand taking part, and I’ve seen how digital fashion can elevate unheard voices, ask important questions and spark real cultural change. “In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create and truly be themselves. “MVFW 2025 channels that energy into a live moment for fashion’s next breakout names and creative economies.” Runways – Fashion as cultural dialogue Runways have always been the cornerstone of fashion weeks worldwide, but MVFW 2025 reimagines this classic format through immersive, collaborative and interactive experiences. Attendees can anticipate creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion. Cyberdog – London’s iconic brand brings its neon-infused, rave-culture aesthetic into the virtual realm, blending futuristic fashion with underground electronic subcultures. Free The Youth – Ghanaian collective Free The Youth highlights African streetwear and creativity, celebrating bold, culturally driven designs that bridge physical and virtual worlds. The Banners We Wear – Decentraland’s inaugural MVFW prize unveils deeply personal collections from emerging designers. With a $15,000 prize pool, this unique competition challenged designers globally to create digital wearables that convey powerful messages about identity, activism and resilience. Winning entries will debut on a dedicated runway, spotlighting urgent social narratives and elevating voices often marginalized in mainstream fashion. Interactive designer showrooms – Digital fashion as storytelling At the heart of MVFW 2025 are 16 interactive designer showrooms, each exploring the interplay between fashion, technology and cultural narrative. These showrooms are divided into two thematic zones – Augmented Self and Storied Self – offering distinct yet complementary perspectives on digital self-expression. Augmented Self – This zone highlights innovative uses of AI, AR and digital-physical (‘phygital’) fashion. Showrooms include AI-driven styling by Digital Drip, AR-enhanced virtual fashion by FFFACE.ME, NFT-powered wearable collaborations from Another-1 X Templa and microchip manicure technology from Chipped. Storied Self – Dedicated to fashion as cultural storytelling, this zone spotlights global narratives and identity-driven collections. Key highlights include adaptive fashion for prosthetics by Ukraine’s SVD Denim, mycelium-inspired digital wearables from Amsterdam’s GLTCH Atelier and culturally resonant digital storytelling from Puerto Rico’s Spatialgineers Collective. Immersive experiences and insightful conversations Beyond runways and showrooms, MVFW 2025 invites attendees to experience transformative fashion installations and conversations exploring identity, technology and culture. ‘Entangled Q’ by Cansy – A quantum-inspired art installation featuring avatars that dynamically morph, exploring fluid identities. ‘OFF-WORLD Galactic Expansion’ by The Immersive KIND – A futuristic display merging AI-generated beauty, robotics couture and interstellar aesthetics. A curated series of panels will dive deeper into key conversations, covering the evolving role of avatars in digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments and the intersection of physical and virtual retail. Panelists include industry leaders from Harper’s BAZAAR Australia, Parsons School of Design, Ready Player Me, Institut Français de la Mode, Boy’s Club and more. MVFW 2025 taps into a growing appetite for fashion that has meaning beyond trends, signaling a shift toward stories that matter and identities that resonate globally. As digital spaces become essential platforms for expression, Decentraland opens new possibilities for creators and communities to craft a freer, more inclusive vision of fashion. With immersive runways, interactive storytelling and conversations that challenge the status quo, MVFW 2025 invites everyone to experience how digital fashion can reflect – and reshape – our world. To learn more and get ready for MVFW 2025, users can visit the website and download the latest client. About Decentraland Decentraland is the first decentralized, community-driven social virtual world. It empowers users to create, explore and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom – free from the constraints of corporate control. Governed by its community through a DAO (decentralized autonomous organization) and supported by a non-profit foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. Contact Ana Lezama , Decentraland This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility. Follow Us on X Facebook Telegram Check out the Latest Industry Announcements The post Global Designers Challenge Borders, Identity and the Limits of Physical Fashion at Metaverse Fashion Week 2025 appeared first on The Daily Hodl .
London, UK, April 2nd, 2025, Chainwire Decentraland's flagship virtual event returns April 9–12, showcasing digital fashion as a new canvas for storytelling, activism, and global identity. Metaverse Fashion Week (MVFW) returns to Decentraland from April 9–12, amid a shifting fashion landscape characterized by declining traditional luxury sales and evolving consumer preferences. MVFW 2025 highlights digital fashion's growing relevance as a meaningful response to these industry transformations. Under this year's theme, "Infinite Identities," more than 47 global designers and brands leverage digital mediums to challenge creative boundaries and articulate nuanced cultural identities. Hosted on Decentraland 2.0 , the platform’s newly redesigned desktop client offers improved visuals, greater interactivity, and better accessibility. These enhancements, developed during the event's hiatus, provide an immersive and engaging environment for attendees and creators alike. “This year’s Metaverse Fashion Week comes at a critical moment for fashion and our society at large; one marked by rethinking priorities, authenticity, and connection," says Bay Backner, Head Producer of MVFW. “I’ve had the privilege of working closely with every designer and brand taking part, and I’ve seen how digital fashion can elevate unheard voices, ask important questions, and spark real cultural change. In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create, and truly be themselves. MVFW 2025 channels that energy into a live moment for fashion’s next breakout names and creative economies.” Runways: Fashion as Cultural Dialogue Runways have always been the cornerstone of fashion weeks worldwide, but MVFW 2025 reimagines this classic format through immersive, collaborative, and interactive experiences. Attendees can anticipate creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion. Cyberdog: London’s iconic brand brings its neon-infused, rave-culture aesthetic into the virtual realm, blending futuristic fashion with underground electronic subcultures. Free The Youth: Ghanaian collective Free The Youth highlights African streetwear and creativity, celebrating bold, culturally driven designs that bridge physical and virtual worlds. The Banners We Wear: Decentraland’s inaugural MVFW Prize unveils deeply personal collections from emerging designers. With a $15,000 prize pool, this unique competition challenged designers globally to create digital wearables that convey powerful messages about identity, activism, and resilience. Winning entries will debut on a dedicated runway, spotlighting urgent social narratives and elevating voices often marginalized in mainstream fashion. Interactive Designer Showrooms: Digital Fashion as Storytelling At the heart of MVFW 2025 are 16 interactive designer showrooms, each exploring the interplay between fashion, technology, and cultural narrative. These showrooms are divided into two thematic zones, Augmented Self and Storied Self, offering distinct yet complementary perspectives on digital self-expression. Augmented Self: This zone highlights innovative uses of AI, AR, and digital-physical ("phygital") fashion. Showrooms include AI-driven styling by Digital Drip, AR-enhanced virtual fashion by FFFACE.ME, NFT-powered wearable collaborations from Another-1 X Templa, and microchip manicure technology from Chipped. Storied Self: Dedicated to fashion as cultural storytelling, this zone spotlights global narratives and identity-driven collections. Key highlights include adaptive fashion for prosthetics by Ukraine's SVD Denim, mycelium-inspired digital wearables from Amsterdam's GLTCH Atelier, and culturally resonant digital storytelling from Puerto Rico’s Spatialgineers Collective. Immersive Experiences & Insightful Conversations Beyond runways and showrooms, MVFW 2025 invites attendees to experience transformative fashion installations and conversations exploring identity, technology, and culture: "Entangled Q" by Cansy: A quantum-inspired art installation featuring avatars that dynamically morph, exploring fluid identities. "OFF-WORLD Galactic Expansion" by The Immersive KIND: A futuristic display merging AI-generated beauty, robotics couture, and interstellar aesthetics. A curated series of panels will dive deeper into key conversations, covering the evolving role of avatars in digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments, and the intersection of physical and virtual retail. Panelists include industry leaders from Harper’s BAZAAR Australia, Parsons School of Design, Ready Player Me, Institut Français de la Mode, Boy’s Club, and more. Metaverse Fashion Week 2025 taps into a growing appetite for fashion that has meaning beyond trends, signaling a shift toward stories that matter and identities that resonate globally. As digital spaces become essential platforms for expression, Decentraland opens new possibilities for creators and communities to craft a freer, more inclusive vision of fashion. With immersive runways, interactive storytelling, and conversations that challenge the status quo, MVFW 2025 invites everyone to experience how digital fashion can reflect—and reshape—our world. To learn more and get ready for MVFW 2025, users can visit mvfw.org and download the latest client. About Decentraland: Decentraland is the first decentralized, community-driven social virtual world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. ContactAna Lezamapress@decentraland.org Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
London, UK, April 2nd, 2025, Chainwire Decentraland's flagship virtual event returns April 9–12, showcasing digital fashion as a new canvas for storytelling, activism, and global identity. Metaverse Fashion Week (MVFW) returns to Decentraland from April 9–12, amid a shifting fashion landscape characterized by declining traditional luxury sales and evolving consumer preferences. MVFW 2025 highlights digital fashion's growing relevance as a meaningful response to these industry transformations. Under this year's theme, "Infinite Identities," more than 47 global designers and brands leverage digital mediums to challenge creative boundaries and articulate nuanced cultural identities. Hosted on Decentraland 2.0 , the platform’s newly redesigned desktop client offers improved visuals, greater interactivity, and better accessibility. These enhancements, developed during the event's hiatus, provide an immersive and engaging environment for attendees and creators alike. “This year’s Metaverse Fashion Week comes at a critical moment for fashion and our society at large; one marked by rethinking priorities, authenticity, and connection," says Bay Backner, Head Producer of MVFW. “I’ve had the privilege of working closely with every designer and brand taking part, and I’ve seen how digital fashion can elevate unheard voices, ask important questions, and spark real cultural change. In a time like this, when the physical world feels increasingly heavy or limiting, third spaces like Decentraland become places where people can breathe, create, and truly be themselves. MVFW 2025 channels that energy into a live moment for fashion’s next breakout names and creative economies.” Runways: Fashion as Cultural Dialogue Runways have always been the cornerstone of fashion weeks worldwide, but MVFW 2025 reimagines this classic format through immersive, collaborative, and interactive experiences. Attendees can anticipate creative surprises as designers redefine the runway with innovative animated collections that blur the line between digital and physical fashion. Cyberdog: London’s iconic brand brings its neon-infused, rave-culture aesthetic into the virtual realm, blending futuristic fashion with underground electronic subcultures. Free The Youth: Ghanaian collective Free The Youth highlights African streetwear and creativity, celebrating bold, culturally driven designs that bridge physical and virtual worlds. The Banners We Wear: Decentraland’s inaugural MVFW Prize unveils deeply personal collections from emerging designers. With a $15,000 prize pool, this unique competition challenged designers globally to create digital wearables that convey powerful messages about identity, activism, and resilience. Winning entries will debut on a dedicated runway, spotlighting urgent social narratives and elevating voices often marginalized in mainstream fashion. Interactive Designer Showrooms: Digital Fashion as Storytelling At the heart of MVFW 2025 are 16 interactive designer showrooms, each exploring the interplay between fashion, technology, and cultural narrative. These showrooms are divided into two thematic zones, Augmented Self and Storied Self , offering distinct yet complementary perspectives on digital self-expression. Augmented Self: This zone highlights innovative uses of AI, AR, and digital-physical ("phygital") fashion. Showrooms include AI-driven styling by Digital Drip, AR-enhanced virtual fashion by FFFACE.ME, NFT-powered wearable collaborations from Another-1 X Templa, and microchip manicure technology from Chipped. Storied Self: Dedicated to fashion as cultural storytelling, this zone spotlights global narratives and identity-driven collections. Key highlights include adaptive fashion for prosthetics by Ukraine's SVD Denim, mycelium-inspired digital wearables from Amsterdam's GLTCH Atelier, and culturally resonant digital storytelling from Puerto Rico’s Spatialgineers Collective. Immersive Experiences & Insightful Conversations Beyond runways and showrooms, MVFW 2025 invites attendees to experience transformative fashion installations and conversations exploring identity, technology, and culture: "Entangled Q" by Cansy: A quantum-inspired art installation featuring avatars that dynamically morph, exploring fluid identities. "OFF-WORLD Galactic Expansion" by The Immersive KIND: A futuristic display merging AI-generated beauty, robotics couture, and interstellar aesthetics. A curated series of panels will dive deeper into key conversations, covering the evolving role of avatars in digital self-expression, AI’s impact on fashion creativity, wearable tech in gaming environments, and the intersection of physical and virtual retail. Panelists include industry leaders from Harper’s BAZAAR Australia, Parsons School of Design, Ready Player Me, Institut Français de la Mode, Boy’s Club, and more. Metaverse Fashion Week 2025 taps into a growing appetite for fashion that has meaning beyond trends, signaling a shift toward stories that matter and identities that resonate globally. As digital spaces become essential platforms for expression, Decentraland opens new possibilities for creators and communities to craft a freer, more inclusive vision of fashion. With immersive runways, interactive storytelling, and conversations that challenge the status quo, MVFW 2025 invites everyone to experience how digital fashion can reflect—and reshape—our world. To learn more and get ready for MVFW 2025, users can visit mvfw.org and download the latest client. About Decentraland: Decentraland is the first decentralized, community-driven social virtual world. It empowers users to create, explore, and connect within an open, immersive digital landscape where they fully own their digital assets. Whether hosting virtual events or designing their digital identity, individuals can shape a world that prioritizes self-expression and freedom—free from the constraints of corporate control. Governed by its community through a decentralized autonomous organization (DAO) and supported by a non-profit Foundation, Decentraland operates as an open-source, traversable world that encourages creativity, ownership, and innovation. By fostering collaboration and community, Decentraland is shaping the future of digital interaction, where individuals can truly own and build their digital lives. Contact Ana Lezama press@decentraland.org
Get ready for a game-changer in the crypto gaming universe! The gaming world is buzzing with excitement as Ultra, a pioneering blockchain-based gaming platform, has announced that the legendary Grand Theft Auto Online is making its way to their ecosystem. Yes, you heard that right! Imagine the sprawling open-world chaos of Los Santos, now supercharged with the decentralized power of blockchain. This isn’t just another port; it’s a revolution in how we experience online gaming. Let’s dive into what this groundbreaking announcement means for gamers and crypto enthusiasts alike. What Makes GTA Online on Ultra a Sensational Leap for Crypto Gaming? Ultra isn’t just another gaming platform; it’s building a decentralized future for the gaming industry. By bringing a titan like GTA Online into its fold, Ultra is signaling a massive shift. But what exactly makes this integration so special? Here are some key highlights: Blockchain-Powered Ecosystem: Ultra leverages blockchain technology to offer a more transparent, secure, and player-centric gaming experience. This means enhanced ownership of in-game assets, secure transactions, and a community-driven environment. GTA Online Integration: The announcement explicitly mentions features beloved by GTA Online fans – heists, custom servers, and the vast open-world gameplay. This suggests a full-fledged GTA Online experience, not a watered-down version. New Possibilities: Imagine the possibilities! Blockchain integration could unlock new economic models within GTA Online, such as play-to-earn mechanics, tokenized rewards, and truly player-owned economies within custom servers. Exploring the Benefits of GTA Online Blockchain Integration Why should gamers and crypto enthusiasts be excited about this development? The benefits extend beyond just playing GTA Online on a new platform. Let’s break down the key advantages: Enhanced Ownership with Blockchain Games: Blockchain technology empowers players with true ownership of their in-game assets. In the context of GTA Online, this could mean owning unique vehicles, properties, or even businesses as NFTs. Imagine trading a rare supercar on a decentralized marketplace! This level of ownership is revolutionary in the gaming world. Secure and Transparent Transactions: Say goodbye to opaque in-game economies. Blockchain ensures that all transactions within GTA Online on Ultra are transparent and secure. This reduces fraud, enhances trust, and creates a fairer gaming environment. Custom Servers Revolutionized: Custom servers are a cornerstone of GTA Online’s enduring appeal. With blockchain, Ultra could enable even more sophisticated and rewarding custom server experiences. Imagine player-run economies within servers, powered by crypto tokens and governed by smart contracts. This opens doors for unparalleled community-driven gameplay. Play-to-Earn Potential: While not explicitly stated, the integration of GTA Online into a blockchain platform hints at potential play-to-earn mechanics. Players could potentially earn crypto by participating in heists, completing missions, or contributing to the in-game economy. This could transform gaming from a leisure activity into a source of income for some. Are There Challenges to Consider with GTA Online Crypto Integration? While the prospect of GTA Online on Ultra is thrilling, it’s crucial to consider potential challenges and questions that arise with such a significant integration: Challenge Consideration Scalability: Can the Ultra blockchain platform handle the massive scale of GTA Online’s player base and transaction volume? Scalability is a known challenge for many blockchain projects. Gas Fees and Transaction Costs: Blockchain transactions often involve gas fees. How will Ultra manage transaction costs to ensure they don’t become a barrier for players, especially for micro-transactions within GTA Online? Regulatory Landscape: The regulatory landscape for crypto and blockchain gaming is still evolving. Ultra and game developers will need to navigate these regulations carefully to ensure compliance and player protection. Player Adoption and Education: Will the mainstream GTA Online player base readily adopt blockchain-based gaming? Education and user-friendly interfaces will be crucial for onboarding players who may be unfamiliar with crypto. Integration Complexity: Integrating a game as complex as GTA Online with blockchain technology is a monumental task. Ensuring seamless integration without compromising gameplay or stability is a significant technical challenge. Examples of Blockchain Games Paving the Way While GTA Online on Ultra is a landmark announcement, it’s important to remember that blockchain gaming is not entirely new. Several projects have been pioneering this space, showcasing the potential of blockchain in gaming. Here are a few examples: Axie Infinity: One of the most well-known play-to-earn blockchain games, Axie Infinity allows players to collect, breed, and battle NFT creatures called Axies. It demonstrated the potential of blockchain-based economies in gaming. Decentraland: A virtual world built on the Ethereum blockchain, Decentraland allows users to buy, sell, and develop virtual land NFTs. It showcases the potential of blockchain for creating persistent and player-owned virtual worlds. The Sandbox: Another metaverse platform, The Sandbox, allows users to create, own, and monetize their gaming experiences using NFTs and its utility token SAND. It emphasizes user-generated content and player ownership. These examples, while different in genre and scale from GTA Online, illustrate the diverse applications of blockchain in gaming and provide a foundation for what Ultra aims to achieve with its platform. Actionable Insights: What Should Gamers and Crypto Enthusiasts Do? The arrival of GTA Online on Ultra presents exciting opportunities. Here’s what gamers and crypto enthusiasts should consider: Stay Informed: Keep a close watch on Ultra’s official announcements and updates regarding the GTA Online launch. Follow their social media channels and community forums for the latest news. Explore Ultra Platform: Familiarize yourself with the Ultra platform. Understand its features, ecosystem, and the types of games available. This will prepare you for the arrival of GTA Online. Learn About Blockchain Gaming: If you’re new to blockchain gaming, take some time to learn about the basics. Understand concepts like NFTs, crypto wallets, and play-to-earn mechanics. This knowledge will enhance your experience with GTA Online on Ultra. Engage with the Community: Join the Ultra community and discussions around GTA Online blockchain integration. Share your thoughts, ask questions, and connect with other gamers and crypto enthusiasts. Conclusion: A Groundbreaking Era for Gaming and Crypto The announcement of Grand Theft Auto Online launching on Ultra’s blockchain gaming platform is more than just news; it’s a seismic shift in the gaming landscape. It represents a bold step towards integrating blockchain technology into mainstream gaming, promising enhanced player ownership, new economic models, and unprecedented levels of community engagement. While challenges remain, the potential benefits are immense. This move by Ultra could very well usher in a new era where blockchain games become the norm, and players truly own their digital gaming experiences. Keep your engines revved up – the future of gaming is about to get a whole lot more decentralized and exciting! To learn more about the latest crypto gaming trends, explore our article on key developments shaping blockchain games adoption.
Gaming is more than just a mere entertainment. It brings together several elements of the entertainment world, including the relative crypto industry. The power of blockchain technology has propelled into the gaming world and has led us to hundreds of gaming tokens that are now available for players to invest in. Let's take a closer look at five gaming tokens that are currently causing a stir and which value could hit a rise in 2025. 1. Beam (BEAM) You may think that gaming tokens are all about the excitement and flashiness, but BEAM’s more about privacy for its users. The token uses a privacy-centric blockchain, which is designed to carry out secure and confidential transactions. This comes following an increasing demand for data protection within burgeoning in-game economies and calls for robust encryption. The BEAM platform features impressive technology, which is easy-to-learn for anyone with a fair bit of developing knowledge, However, BEAM’s widespread adoption may be held back due to the token’s relatively low market visibility and liquidity, which are dwarfed by some of the market caps of cryptocurrencies . Beginners may find some of the tech a little confusing, too. 2. Flow (FLOW) Flow is a blockchain built to handle the heavy traffic of online games and digital collectibles, like the famous NBA Top Shot moments . It’s designed to let lots of people use it at the same time, without slowing things down. Developers find it easy to work with, and even people new to crypto can get started without too much trouble. The idea is to make online gaming and collecting smoother and faster. The Flow token is, of course, what people use to buy, sell, and participate in the platform. However, Flow isn't the only player in this space; it has to compete with well-known options like Ethereum and Solana. Whether or not it really takes off while depending a lot on the success of the big projects using it, and like any crypto, its value can go up and down. Some people also have questions about how decentralized it really is. That said, some experts are saying that the token’s value has bottomed out over the last year and could be about to go up again. 3. Decentraland (MANA) MANA-powered Decentraland is a blockchain-based virtual world on the Ethereum blockchain. Founded in 2017, Decentraland serves as a platform for multiplayer game creation using the intuitive Decentraland Builder. This offers a vast library of 3D items for building and creating in-game tokens, which you can then trade freely with other players in the form ofvirtual land parcels. The virtual world nature of Decentraland allows for many different game designs, and some of those designs may include mini-games or discovery systems. These games use mechanics like a Random Number Generator RNG ensuring that outcomes are unpredictable and purely based on chance, like what you get in free slots games. The MANA token´s value has dipped dramatically over the past year, but there are signs that it is now stabilizing and could be about to take off again. 4. Sandbox (SAND) The Sandbox: ditch the landlord, own your digital empire. Sandbox has soared in popularity in recent years, giving players the chance to build their own world inside this decentralized metaverse. SAND is the utility token made to emerge from this. It´s a golden ticket that unlocks trading, staking, and even a democratic manner in whichthe Sandbox metaverse evolves. Users get creator-friendly tools that let them craft their own virtual assets with ease. And it’s not just players: big brands, celebrities, and artists are jumping in, fuelling the hype and expanding its reach. The only downside may be the fees. Ethereum's gas fees can mount up with SAND, so anyone getting involved should account for these. Still, SAND’s popularity means that it’s currently one of the top gaming tokens around. 5. Enjin (ENJ) Enjin is approaching an exciting new frontier in crypto gaming with the Ethereum-based ERC-1155 token standard. Developers acquire this blockchain-based gaming coin and mint it into in-game items, so that players can earn $ENJ through gameplay and without the need to visit traditional cryptocurrency exchanges . The Enjin Marketplace is already well established place, where users trade ERC-1155 digital assets, all backed by ENJ tokens. In terms of development, the token is also attractive to some of the brightest minds in the industry, drawn in by the easy token creation and integration tools. Keep an eye on this token which is the “Enjin” room of the progressing gaming token industry. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.