Gucci and Yuga Labs enter into partnership to expand web3 fashion

• Gucci and Yuga Labs enter into partnership to bring fashion NFTS to Otherside.
• The companies have received a multi -year partnership to research the connection between web3 and fashion.
• The BayC floor course rose slightly according to the news.

Gucci, a leading high-end luxury modem brand, would like to continue their march into the world of the NFTS and the meta pension with a new partnership with Yuga Labs. Gucci is one of numerous fashion brands that get into the NFT area, while Yuga Labs is the creator of the popular NFT project Bored Ape Yacht Club (BayC).

Gucci and Yuga Labs work together to explore web3 and fashion

according to a news report published on Monday by business of Fashion will use the Italian modernies with Yuga Labs to examine the convergence between fashion, web3 and entertainment. Gucci also found through his official Twitter account that the collaboration on " blur the boundaries between the physical and digital I."

The house continues to explore the meta verse and come together with @yugalabs . Stay tuned when a new story takes shape and blur the boundaries between the physical and the digital. pic.twitter.com/v60mzcgqy

- Gucci (@Gucci) 27. March 2023

with the existing multi-year partnership, Gucci reports on an "active role" in the Yuga Labs project Otherside and the 10KTF collection. Details of the collaboration indicate that the luxury fashion house will begin its journey in the coming week in 10ktf, followed by Otherside.

The messages from Gucci and the web3 leader Yuga Labs contributed to driving this ahead the bayc nft Collection higher. At the time of the writing of this article, the minimum price of the NFTS had increased by 1.2 % in the last 24 hours - which corresponds to about 60,697 ETH or $ 104,850.

Yuga Labs was founded in 2021 and collected $ 450 million during his round of seed in March 2022, with the company has a value of $ 4 billion.