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$FBCD FBC Holding, Inc. (FBCD) Launches Exclusive

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(Total Views: 253)
Posted On: 09/29/2022 8:04:29 AM
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Posted By: louied91
$FBCD FBC Holding, Inc. (FBCD) Launches Exclusive NFT Project

https://www.accesswire.com/718057/fbc-holding...ft-project

SCOTTSDALE, AZ / ACCESSWIRE / September 29, 2022 / Today FBC Holding, Inc. (OTC PINK:FBCD) through its wholly owned subsidiary, Formrunner Apparel Inc. is pleased to announce that the company has launched its NFT Project.

Link to website: https://thuggybunniez.io/

Formrunner Apparel Inc. has been working diligently over the past couple of months to get everything set up in the NFT & Metaverse space and the company has finally launched its exclusive collection. President & CEO Lisa Nelson states "Each Thuggy Bunny NFT will cost approximately 0.02 Ethereum excluding gas fees and there will only be 100 available ranging in rarity!" Lisa Nelson also states, "By joining our community, people will get access to exclusive merchandise vIRL (Both Physical & Digital), discounts, and a bunch of other surprises in the Sandbox once development of our virtual clothing store is completed!" These NFTs (non-fungible tokens) will be available on the secondary markets for purchase and will have a reveal once all 100 are bought.

NFTs are digital representations of assets created and stored with blockchain technology. Each NFT has a unique identification code that distinguishes it from other NFTs and prevents replication. Each NFT is also extensible, which means it can be combined with another NFT to form a third, completely unique NFT. NFTs can be created for anything that is convertible into a digital format. Much of the momentum in the space involves the storage and sale of digital art and sports memorabilia, but any static image, video clip, sound or text can be digitized and, potentially, monetized. The global non-fungible token market size was valued at USD 15.54 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 33.9% from 2022 to 2030.

Millions of gamers worldwide buy accessories, clothing, and skins (graphics that change the look of an item in a video game) for their digital avatars. In fact, Ralph Lauren attributed some of its strong third quarter earnings to these virtual investments and the younger generation of shoppers it has attracted. The overall gaming market was valued at $173 billion in 2021. Other companies like Nike, Adidas, and Vans World are now betting there's room for even more growth, and that gaming becomes just one component of a more far-reaching metaverse. And as the virtual world expands, more people are diving into computer-simulated online communities that replicate the real world. The fashion industry thinks it may have found its next pot of gold there. Already, customers can dress up their avatars for virtual worlds like Horizon Worlds and Decentraland. But virtual fashion is not limited to avatars. You can wear virtual garments on Snapchat or Zoom meetings or pose with them for photos for social media feeds. You can show up to a work meeting with a black-tie dress when in real life it is just a t-shirt; or post a picture on Instagram of a luxury jacket that was never touched in real life. Virtual fashion is being sold in a variety of ways: from gaming platforms and digital photos to videos that use augmented reality. The metaverse in the Fashion Market is poised to grow by $6.61 billion during 2022-2026, accelerating at a CAGR of 36.47% during the forecast period.

Streetwear is one of the most striking retail and fashion trends to have appeared in recent years, involving the production, promotion, sale, and resale of casual fashion - footwear, T-shirts, and other items - in ways that bypass traditional retail channels. Customers are often rallied via social media to be the first to buy products that are only available directly from the brand, either in-store or online. The anticipation of a time-limited chance to buy, helps create a tight-knit and almost cult-like relationship between streetwear brands and their consumers. This has helped propel streetwear from being an eye-catching fashion phenomenon that drew its inspiration from the countercultures of the 1980s and 1990s - including graffiti, hip-hop, skate and surf - into a multi-billion-dollar retail market.

Formrunner Apparel Inc. has built its reputation by delivering on both Clothing quality and price to become one of the most respected and trusted names in the Retail Clothing Space. Our customers admire our variety of high-end clothing, top notch customer service, competitive pricing, and easy payment alternatives. Since Hyperviolent first opened, Formrunner Apparel Inc. has managed to set up valuable long-term relationships with customers and distributors.


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