Home Entrepreneur The first sweater with NFT technology was sold, that is, as an...

The first sweater with NFT technology was sold, that is, as an irreplaceable token for 500k pesos


The designers mentioned “an evolution in fashion where value is placed in digital tokens and not in actual clothing”.

April 19, 2021

3 minutes of reading

This article is translated from us Spanish edition using AI technology. Errors can persist due to this process.


The trend of NFT continues to stall in the market. From Gucci launches “virtual” sneakers Many other brands have been testing this technology. The hoodie was auctioned by Blockparty.co Featuring scanning art that can be viewed on any smartphone. “Clothing” is part of a chain from a new brand called Overpriced. This painting was sold for 26 thousand dollars (just over 500,000 Mexican pesos), on the digital art market.

Composers will be able to “wear” the hoodie and show it off on all their networks, as “the NFT provides a unique way for artists to identify what is real and what is”, according to Leighton James, Co-Founder of Overpriced. In total 25 pieces 10 will be auctioned while the remaining 15 will be awarded to influencers in the music, art and fashion industries.

The discount represents: “an evolution in fashion where value is placed in digital tokens and not in actual clothing”, the designers mention.

The Overpriced brand was founded in early 2021 by James Zwadlo and Chris Levett, along with Leighton James (electronic music producer). The new signature is inspired by a belief that value lies in the eyes of the viewer.

Image: Overvalued

“We are a group of artists who are looking to create an art-driven cryptocurrency fashion that aims to challenge the notion of what luxury fashion is,” James said.

Everyone is experiment and sell NFT every day. For example, last week an arts collective sold a series of NFT films featuring three videos of model Kate Moss at different everyday moments. Also starring in the movies, she made $ 5.5 million from the sale of her digital artwork. Even Twitter CEOs Jack Dorsey sold his first tweet for $ 2.7 million and the band Kings of Leon was the first to release the album through the NFT.

What else can be traded with intangible tokens?

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