Monavale (MONA)

What is DIGITALAX?

DIGITALAX is the world’s first fully dedicated digital fashion platform. Built on the Ethereum blockchain, this platform aims to bring innovation and transformation into the world of fashion, gaming, esports, and virtual reality (VR). The Digital Fashion Operating System of DIGITALAX allows users to create 3D fashion garments that can easily be deployed on any of the digital content platforms. This means that the fashion pieces created on this platform can be used in games and esports for player avatars.

DIGITALAX also lets users of this platform buy and sell these digital fashion garments as NFTs. This platform has partnered with more than 30 renowned digital fashion designers from across the globe. The exclusive couture created by these designers will be listed on DIGITALAX and sold in NFT auctions. 

This allows multiple designers to collaborate on a single project where one of them provides texture, one provides the pattern and the other provides the style of garment. When the final product is sold as an NFT, each of them receives a share of the sale. This is called “fractional garment ownership,” where pattern, texture, style, and the garment, on the whole, are classified as ERC1155 tokens. 

Features of the platform include:

-Digital Fashion Rarity and Exclusivity: Programmable Scarcity.

-Native Digital-Fashion Pricing Frameworks

-Designer and Developer Collaboration Channels.

-Stable NFT Wrappers.

-Synthetic NFT Contracts.

-As you can see, Digitalax opens up a world of possibilities for digital fashion designers, developers, and consumers.

In addition, Digitalax’s designer and development channels help to ease physical fashion designers into the virtual world. And, in doing so, introduce designers to a whole new customer base.

Hence, the goal of Digitalax is to facilitate the emergence of a global digital fashion marketplace with the potential to unlock new digital economies worth billions of dollars.

They vision is driven across multiple core vertices;

-Digital Fashion Rarity and Exclusivity: Programmable Scarcity.

-Decentralised Digital Fashion Supply Chain: Creating Digital Material,

-Pattern, Texture Libraries.

-Native Digital-Fashion Pricing Frameworks: The DOF Sheet.

-Designer and Developer Collaboration Channels.

-Stable NFT Wrappers.

-Synthetic NFT Contracts: Liquid Underwriting of NFT Collateral.

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