Virtual Hoodie sells for $50,000

A virtual hoodie has sold for close to $31,000NZD using a new pay system called a non-fungible token (NFT).

The black hoodie is from the streetwear fashion label Overpriced. On the front is a logo in neon green graffiti font.

The hoodie was sold on the digital art marketplace Blockparty.co to an anonymous bidder. That bidder can now “wear” the garment in virtual settings online.

NFTs are a new kind of payment. The system works were digital assets assets can be traded for something else, whether that is cryptocurrency or another piece of digital kit.

Virtual garments are on the increase. Last month Gucci created the Virtual 25 – a pair of virtual neon green and pink trainers made to be worn in virtual, augmented reality worlds.

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Charis
Charis
1 month ago

wot has this world become.

Comment crew.A
Comment crew.A
1 month ago

That is so insane!!!!!!

Reuben
Reuben
1 month ago

That’s funny and stupid at the same time

Chicken
Chicken
1 month ago

how do you wear that?

r.d
r.d
1 month ago

that is a lot of money

Jun
Jun
1 month ago

What the heck!:😯 I can”t buy that!

Last edited 1 month ago by Jun
travis
travis
1 month ago

WOW! SO CHEAP

Alex
Alex
1 month ago

that’s crazy expensive

Aku
Aku
1 month ago

THIS IS SOO COOL BUT SOO EXPENSIVE WHO AGREES WITH ME.

im just a person dont freak out
im just a person dont freak out
1 month ago

What on earth how are you supposed to wear that when It’s not even real

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