Web3 Startup Pillz Raises Funds to Mass Produce Tangible NFT Accessories
According to reports, Web3 \”digital\” fashion startup Pillz has announced the completion of a new round of financing, with the participation of game payment plat
According to reports, Web3 “digital” fashion startup Pillz has announced the completion of a new round of financing, with the participation of game payment platform Xsolla. Pillz is an extension of digital identity. The equipment it manufactures can make NFT collections and NFT games tangible, allowing users to interact with NFT in reality. It has also built its own system based on Linux. The new funds will help the company accelerate the launch and mass production of its products, including necklaces, bracelets, key chains, and fashion and jewelry brands, which are expected to be launched in May this year. (venturebeat)
Web3 “phydigital” fashion startup Pillz completes a new round of financing
Web3 startup Pillz recently announced the successful completion of its latest funding round. This round, which included game payment platform Xsolla, is aimed at accelerating the mass production of Pillz’s tangible NFT accessories. Pillz is an extension of digital identity, and its equipment can make NFT collections and games tangible, giving users the ability to interact with NFTs in reality.
The Future of NFTs and Digital Fashion
Non-fungible tokens, or NFTs, have taken the world by storm in recent years. These digital assets, which are based on blockchain technology, are unique and cannot be replicated. While NFTs have primarily been used in the art world, with digital artwork selling for millions of dollars, their potential applications are numerous. Pillz is a startup that aims to revolutionize the world of digital fashion by making NFTs tangible.
A Look at Pillz’s Technology
Pillz has developed a system based on Linux that allows users to interact with NFTs in the physical world. This is done using tangible accessories such as necklaces, bracelets, and keychains. Pillz’s technology allows these accessories to be linked to specific NFTs, giving users the ability to display and interact with their digital assets in the real world.
Pillz’s Latest Funding Round
Pillz’s latest funding round, which included Xsolla, will allow the startup to accelerate the launch and mass production of its tangible NFT accessories. Pillz plans to work with fashion and jewelry brands to bring its accessories to market. The accessories are expected to launch in May of this year.
The Implications of Pillz’s Technology
Pillz’s technology has the potential to disrupt the world of digital fashion and NFTs. By making NFTs tangible, Pillz allows users to display and interact with their digital assets in a way that was previously impossible. This could lead to an increase in the value of NFTs, as they become more visible and more integrated into everyday life.
What Does the Future Hold for Pillz?
Pillz’s latest funding round is a significant milestone for the startup, as it allows the company to accelerate the launch of its tangible NFT accessories. However, the success of Pillz’s products will depend on a variety of factors, including consumer interest in NFTs and the adoption of blockchain technology in the fashion industry.
Conclusion
Pillz is a startup that aims to revolutionize the world of digital fashion by making NFTs tangible. Its latest funding round, which included Xsolla, will allow the company to accelerate the launch and mass production of its tangible NFT accessories. While the success of Pillz’s products remains to be seen, the startup’s technology has the potential to disrupt the world of NFTs and digital fashion.
FAQ
1. What is Pillz?
Pillz is a Web3 startup that produces tangible NFT accessories, allowing users to display and interact with their digital assets in the physical world.
2. What is an NFT?
An NFT, or non-fungible token, is a unique digital asset based on blockchain technology.
3. When will Pillz’s accessories be available?
Pillz’s accessories are expected to launch in May of this year.
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